Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Ninety One-managed funds back digital infrastructure firm with debt” »
China is struggling in its attempt to lure foreigners back as data shows more direct investment flowing out of the country than coming in, suggesting companies may be diversifying their supply chains to reduce risks. Direct investment liabilities in the country’s balance of payments have been slowing in the last two years. After hitting a … Read More “China is having a hard time wooing foreign investors back” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “SPE Capital sells pharma company stake, marking fund’s second exit” »
What’s the most important price in the global economy? The price of oil? The price of semiconductors? The price of a Big Mac? More important than any of these is the price of money. For more than three decades it was falling. Now it’s going up. Ask most people how the price of money is … Read More “The price of money is going up, and it’s not only because of the Fed” »
by Fintechnews Africa 10 November 2023 Gozem, Africa’s Super App, announced its acquisition of Moneex, an innovative Fintech app from Benin dedicated to provide global banking to African businesses and consumers. This transaction combines the strength of Gozem’s Super App network with the breadth of Moneex’s fintech capabilities, creating an unparalleled Fintech starting point for … Read More “Africa’s SuperApp Gozem Goes Fintech With Acquisition of Benin” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “EXEO Capital adds another dairy processor to portfolio” »
Stocks advanced on the back of a strong run on Wall Street, with Treasuries steady amid expectations for peaking interest rates. Euro Stoxx futures rose 0.2%, extending the positive tone in Asia where a gauge of regional shares rose 0.5%. The moves followed S&P 500’s gains Wednesday, its eighth consecutive advance and best run since … Read More “Stocks rise, treasuries steady on peak rates bet: Markets wrap” »
Image Credit: Pixabay To read this article, you must be a paid subscription member. (Current members login here) Reserve your digital subscription today Join now for $35 per month Join now for $399 per year for access to: Weekly newsletter with original and curated news, analysis, and perspective Africa’s private capital deals, fundraises, and … Read More “Sanlam PE sells majority stake in Absolutely Pets in full exit” »
In one of the world’s most unequal nations an acute shortage of skilled workers is restraining already tepid growth, limiting job creation and pushing some foreign investors to think about moving their money elsewhere. This skills shortage has been identified by the South African presidency as the second biggest impediment to economic growth, after crippling … Read More “SA risks losing business investment over visa ‘chaos’” »
by Company Announcement 1 November 2023 OceanBase, an enterprise-level distributed relational database provider, announced that its database solution has been deployed and put into operation in the core IT systems of PalmPay, a leading fintech platform in Africa. PalmPay, the first Africa-based customer to adopt OceanBase, has transitioned its accounting, transaction, payment, and billing systems … Read More “Oceanbase Supports Palmpay to Reduce Its Database Cost by 80%” »
