Exclusive: High levrl appointmen.of MTN CEO to Dangotr Fertiliser, as Africas richest man pushed to be the dominat player in the sector globally.
Dangote, owned by Africa’s richest man, appointed MTN CEO Ralph Mupita to the board of its fertilizer business as it prepares to expand and list the operation in Nigeria. bloomberg.com/news/articles/…
Bloomberg exclusive, packed with scoops on dealings between the Middle East's biggest economy, and Africa's largest economy South Africa, read more here: bloomberg.com/news/articles/…
Big colorful feature piece here, exclusive from Bloomberg on Formula One and thr different people trying to get the race to Africa - the only populated continent where there is no F1 motorrace currently : bloomberg.com/news/features/…
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BIG story here: As South Africa negotiates with billiomaireittal on the future of Africa's largest steel operation. Lots of moving pieces.
South Africa is nearing a deal to provide funding to ArcelorMittal's local unit and keep the steel mills open, which are crucial for the nation’s economy trib.al/MDDRM7G
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South African 🦄 unicorn on the way!
Tencent-Backed Tyme Bank raising $150 million at unicorn status as it builds out scale to list in New York trib.al/0LN5eEa
Exclusive : bi African media deal coming up - African Billionaire Motsepe could get I'm on the action with the French
South African billionaire Patrice Motsepe is in talks with Vivendi's Canal+ to join its multibillion-dollar bid for broadcaster MultiChoice, according to people familiar with the matter trib.al/4aFCWqV
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Exclusive : on Africa telecoms --
Telecel, African operator backed by French Tycoon, buys up MTN assets in push for possible Dubai, London listing trib.al/xUEa5Fp
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Bloomberg Bike Take:
NEW: Smuggled kits from Elon Musk's Starlink are being activated even in territories where it has no agreement to operate. That raises questions about control of the satellite internet service.
Read The Big Take here ⬇️ trib.al/plz0MJp
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Big African Banking Deal :
Access Bank plans to acquire National Bank of Kenya, boosting the foothold of Nigeria’s biggest bank in a key East African market trib.al/aklVp8Q
Exclusive with SARugby CEO ;
SA Rugby, which oversees the Springboks, wants to double commercial revenue once a deal with a private equity company is concluded trib.al/qD3vy26
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Exclusive : big African logistics deal -
A unit of South African conglomerate Bidvest is selling a 27.5% stake in a logistics business to black women-owned financial firm Akhona trib.al/cURYnm3
Exclusive: US data firm to push millions of dollars into building data centers in Africa
Nasdaq-listed Equinix will invest $390 million in Africa over the next five years trib.al/uRAq1hl
Exclusive : The business of African sports on the up and up -- ! #IvoryCoast
Real estate investor Cheick Sanankoua is buying a minority stake in an Ivory Coast football club through his private equity outfit Omega Sports Holdings trib.al/xxumBu4
Saudi/South Africa investment and trade push:
Saudi Arabia will start importing South African beef and lamb products, lifting a 20-year ban trib.al/usmsYQu
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Africa tech fund does it's sixth acquisition in a year --- as the ICT sector on the continent continues to experience rapid growth.
Private equity firm Convergence buys South Africa's Datacentrix in African $300 million tech fund push trib.al/QLJ6n8G
Exclusive: South African gold mining deal could be on the cards.
Rigel Resource Acquisition, a New York-listed blank-check company, is in talks to combine with a South African gold miner, sources say trib.al/8zXnzcj
Exclusive : new head for Bank of America in South Africa
Bank of America names investment banking head Anthony Knox as country executive for South Africa trib.al/NuaqxKk
Was such a nice chat with Alex from Google - on tech potential in Africa -
How can we supercharge Africa to become a meaningful technology player? This is the conversation @africatechfest where @LoniPrinsloo1 and our MD, Alex Okosi explored the power of the Internet in Africa #AfricaTechFestival #digitaltransformation
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Exclusive Bloomberg TV interview with CEO of MTN - Africa's largest phone company by footprint - expects Nigerian FX and economic reform recovery by mid year 2024
MTN Group expects Nigeria to overcome the short-term “pain” of economic reforms by the middle of next year, helping bolster its business trib.al/JOtqWj6
UK lender Barclays Doubles it ls African private bank business
Barclays doubles its private banking business in Africa as the UK lender added ultra-wealthy clients in the past year from Credit Suisse through a referral agreement trib.al/5nTxWcY
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