The Energy Regulatory Commission said that the country needs to improve its energy sector. Kenya's energy regulation agency said today that the country will increase its efforts in improving its investment climate.
Regions
Sebi clamps down dairy scheme
Sebi announced its verdict on the dairy scheme utilized by HBN Dairies and Allied Ltd. Sebi made its move today to prevent an investment scheme involving public funds collection that were used to purchase cattle.
Renowned healthcare industry leader joins Versant Ventures
California-based Versant Ventures welcomes James V. Mazzo to its team. Versant Ventures, a Califonia-based venture capital firm, today welcomes the former CEO of Advanced Medical Optics to its team.
KNOT Offshore Partners LP acquires Carmen Knutsen
KNOT Offshore Partners LP purchased Carmen Knutsen for US$45.4 million with financing for its current bank debt.
Scality receives backing from Menlo and Iris Capital
Storage and big data company Scality closed its Series C fundraiser with US$22 million. Scality, a storage and big data company, announced today that it has successfully closed its US$22 million Series C fundraiser.
Latest News
According to Ernst & Young, UK IPO market's success was driven by smaller US tech firms. According to the latest IPO Eye report from Ernst & Young, the UK initial public offering market ranked third, after the New York Stock Exchange and NASDAQ.
M.D. Sass, led by Martin Sass, opened its new equity income fund. Leading investment management firm in Sacramento M. D. Sass announced today that it began its M.
The Indian government started the clearance of tech investments in the country. Internet and technology firms Bosch and Samsung were the first companies to receive clearance for their investments in India.
Blue Ant Media received an investment from Difference Capital Financial. Private investment firm Difference Capital Financial Inc. announced today that it has agreed to a US$4.
Scotiabank withdrew its offer for Bank of Guangzhou's 20% stake after Chinese authorities' refusal for its Can$719 million bid.
Telenor appointed Petter Furberg as new CEO. Telenor Group named a new Chief Executive Officer for Telenor Myanmar. The company appointed Petter Furberg for the position, effective upon approval from relevant Myanmar authorities.
The Philippines' biggest corporation eyes to raise US $4 billion for its power assets shares. San Miguel Corp, Philippines' top acquisitive company, is planning to accumulate US $4 billion to finance its infrastructure project expansion by selling its power assets.
South Africa's second-biggest financial services corporation's talks to purchase Merchant Ghana Bank failed.
Tsinghua Unigroup buys the cellphone chip designer for US $1.78 billion. Tsinghua Unigroup approved to purchase Speadtrum Communications Inc in the amount of US $1.
