‘Samsung beats Apple’ is false: here’s the real score in China's smartphone market
The report stating Samsung beat Apple in China was false.
Africa
Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth
President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain.
Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...
Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop
Tesla has implemented price reductions in key markets such as China, Germany, and other European countries, following similar cuts in the United States...
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...
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 emplo...
Latest News
Namibia's NaCC reports successful handling of mergers and acquisitions from its inception
The Namibian Competition Commission has successfully handled 221 mergers and acquisitions from its inception in 2009.
Ernst & Young report urges SMEs in Rwanda to embrace private equity financing
Private equity financing can help solve the lack of growth of small and medium-sized enterprises in Rwanda.
Sovereign wealth fund from Saudi Arabia along with Korean firm to establish venture firm in West Africa
The Islamic Corporation for the Development of the Private Sector and Kolon Group from South Korea has signed an agreement to invest in a pharmaceutical plant in Côte d'Ivoire.
Kenya's Nakumatt eyes foreign investors to raise funds
Nakumatt Holdings announced that they are in talks with foreign equity investors.
African telcom infrastructure provider gathers more than US$520 million for its expansion projects
IHS announced that it had collected a total of US$522 million from the IFC and private equity investors.
Mediterranean Investments Holding Plc to sell stakes to fund Libyan project
Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.
A different face: Facebook for the emerging market
Facebook users from emerging markets use the service for a different purpose unusual to its home market.
Kenya to establish a bond sale and a capital venture fund to improve broadband network in the country
Kenya announced that it is to establish a bond sale and a capital venture fund to enhance the broadband network in the country.
Etisalat to acquire Vivendi stake in Maroc Telecom
Etisalat announced that they are in the preliminary talks for the acquisition of Vivendi's stake in Maroc Telecom
