Image Credit: Zuri/Sighted Design 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, … Read More “XSML Capital holds healthy first close for latest fund” »
South Africa’s inflation rate climbed to a four-month high, likely cementing the central bank’s resolve to keep borrowing costs on hold when it meets next week. The consumer price index rose to 5.6% in February from a year earlier, compared with 5.3% the prior month, Pretoria-based Statistics South Africa said Wednesday in a statement on … Read More “SA inflation rate at four-month high before rates call” »
by Fintechnews Africa 18 March 2024 Africa and the Middle East boast 12 prominent e-wallets. These platforms are primarily provided by telecom companies, enable users to varied operations from the mobile phones, including payments, money transfers and remittances, and are gaining ground at a fast pace, a market analysis by financial data company FXC Intelligence … Read More “Telco-Backed Platforms Leads E-Wallet Market in Africa and the Middle East” »
Image Credit: Air Liquide 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, … Read More “Adenia buys 12 Air Liquide subsidiaries to set up new business” »
For almost three decades, Stephen Butt’s company mostly stayed behind the scenes, a long-term investor in the tradition of Warren Buffett that saw little reason to draw attention to itself. Silchester International Investors quietly bought shares in some of the world’s blue-chip companies, watched them grow in value and racked up a return that surpassed … Read More “Stock investor with 1 900% gain breaks long silence in Japan” »
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The Invest in African Energy forum will explore financing and development opportunities in Liquefied Petroleum Gas storage and distribution. With significant unmet demand for clean cooking access, the sub-sector represents a critical opportunity for global investors. Last December, Tanzanian Liquefied Petroleum Gas distributor Taifa Gas launched the construction of a $130-million, 30,000-metric-tonne LPG storage facility … Read More “East Africa sets sights on becoming a Liquefied Petroleum gas hub from 2025” »
Fresh data on inflation and unemployment filings gave Federal Reserve officials more reasons to hold off on cutting interest rates, even as retail sales suggested a slowdown in consumer spending. Prices paid to US producers topped forecasts in February, and fewer people applied for and received jobless benefits than previously thought, according to separate reports … Read More “Fed gets more reasons to delay interest-rate cuts” »
by Fintechnews Africa 15 March 2024 Flutterwave has announced the appointment of Dipo Fatokun as the new Chairman of Flutterwave Technologies Solutions Limited. He brings a comprehensive regulatory understanding and supervisory experience to solidify Flutterwave’s dedication to upholding the highest regulatory, compliance, and governance standards. Mr Fatokun’s over 30 years of experience covers multiple competencies … Read More “Flutterwave Appoints Former Central Bank of Nigeria Director as Chairman” »
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 “French VC firm launches Francophone Africa impact fund” »
