Caverton Helicopters Ltd signs deal with France’s Thales Group
Nigeria’s Caverton Helicopters Limited has signed a Factory Acceptance AW139 Reality HFull-Flight Simulator deal with Thales Group.
Verod Capital to acquire Law Union & Rock Insurance
Verod Capital is set to buy a 100% stake in Law Union & Rock Insurance Plc, as the latter got its legal backing from the Transaction Implementation Agreement (TIA)
Europe’s payments industry drop by 27.8% in deal activity Q4 2019
Europe’s payments industry witnessed a drop of 27.8% in overall deal activity during the fourth quarter of 2019, when compared to the Q4 2018.
Farmcrowdy acquires Best Foods to explore meat market
Farmcrowdy is officially going into the business of selling meat after acquiring a majority stake in Best Foods.
Nigeria Fintechs take lead in Africa, attract $122 million fund in 2019
The Financial Technology (Fintech) industry in Nigeria has come to stay, as it took the lead in Africa attracting $122 million in funds in 2019.
Seplat to acquire more oil & gas assets after Eland’s acquisition
Seplat Petroleum is considering acquiring more oil and gas assets as it looks to expand its portfolio in the oil industry.
British company set to acquire more Nigerian oil & gas firms
Savannah Petroleum Plc has disclosed its intention to acquire more Nigerian companies in the coming years to expand its footprint in Nigeria.
NLNG, Total Gas & Power sign 10-year sales deal
A sale and purchase agreement has been sealed by NLNG and Total for some of the remarketed volumes of Liquefied Natural Gas.
Paga acquires Ethiopian-based startup, Apposit, announces other subsidiaries
Nigerian tech startup, Paga, has acquired Ethiopian-based software development firm, Apposit.
Access Bank finally acquires Kenyan bank, Transnational Bank Plc
Access Bank has finally acquired 100% of Kenya’s Transnational Bank Plc and its 28 branches after receiving final approval from CBK.
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Villgro Kenya joins list of investors hunting for innovative ideas to fight Covid-19
Villgro Kenya, a healthcare-focused incubator and investor, has joined the growing list of investors who are seeking to fund startups with innovative ideas that can help in the fight against the Coronavirus pandemic.
Nigeria, others to secure GPE’s $250 million Coronavirus support fund
Nigeria and other 38 African countries are set to secure the $250 million funding provided by the Global Partnership for Education (GPE).
Chinese engineering firm donates medical supplies to Nigeria amid Covid-19
CCECC has donated over one million masks and other medical supplies, as part of its CSR to help Nigeria combat the COVID-19 pandemic.
NloTEK develops COVID-19 solution for senior citizens, wins $6,000 from Cairo Angels
As the confirmed cases of the Coronavirus hit over a million globally, tech startup, NloTEK, has been selected to develop solutions that could aid in the fight against the pandemic.
INSURANCE: NAICOM mulls extension of recapitalisation exercise
There are indications that NAICOM will extend the deadline for the recapitalisation of insurance and reinsurance companies for the second time.