Africa

Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps

Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic.


Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff

After being notified of an arrest warrant against him, a former CEO of Steinhoff was found dead in what authorities suspect to be a suicide...

South Africa's Return To Office Gets Middle Finger From Employees Office-Based Work Policies Increase in 2024

South Africa's return-to-office efforts get a middle finger from employees. Office-based policies are now increasing...

State, Provinces & Regions To Materialize Pledges For Global Warming Advocacy

The worldwide pledge to conquer climate change is being materialized...


Latest News

Microsoft innovates Indian hotline for startups
Microsoft has innovated an Indian hotline for startups to give advice, available during business hours from Monday to Friday, reported Venture Beat.
BNP Paribas acquires South Africa's RCS
BNP Paribas has acquired RCS in a deal valued USD250 million, reported Ventures Africa.
UBA announces slowing down on Africa expansion
The United Bank for Africa has revealed that it would slow down its expansion in Africa that would be favorable to Nigeria's power projects, reported Ventures Africa.
Seplat's listing is expected to spur IPO on Nigerian Stock Exchange
Seplat's public debut has been expected to increase IPOs on the Nigerian Stock Exchange, reported Ventures Africa.
Austria's Lisec Group to enter Nigerian glass markets, reveals expansion plan
Lisec Group disclosed expansion plans directed to entering the Nigerian glass market, reported Ventures Africa.
Advanced Finance and Investment Group (AFIG) to raise USD200 million investment for SMEs in Africa
Advanced Finance and Investment Group (AFIG) would raise USD200 million investment for SMEs in Africa in the next two years, said a report from Ventures Africa.
Seplat Petroleum Development Company prices IPO, values the oil and gas producer at USD1.91 billion
Seplat Petroleum Development Company has set its price for an IPO at USD1.67 per piece with dual listings on the Nigerian Stock Exchange and the London bourse, reported Ventures Africa.
Databank Financial Services launches private equity fund for agricultural sector in Africa
Databank Financial Services has launched a private equity fund to cater to small and medium industries in Africa's agricultural sector.
PwC purchases Booz & Company
PricewaterhouseCoopers has announced its acquisition of Booz & Company without disclosing financial terms of the deal, reported Ventures Africa.
TransCentury sells stake in railway firm Rift Valley Railways
Kenya's investment firm TransCentury has sold 34 percent of the stake it holds in Rift Valley Railways to Citadel, reported Ventures Africa.
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