DFA expands to Zim.

DFA expands
to Zimbabwe

Moves comes amid
acquisition rumours.

Wednesday, Jun 20th

Huawei entrenches competitive advantage in Egypt

Huawei entrenches competitive advantage in Egypt

Chinese multinational helps Telecom Egypt secure US$200 million loan facility.

BBOXX raises US$1.24m in TRINE crowdfunding campaign

BBOXX raises US$1.24m in TRINE crowdfunding campaign

Reportedly the industry's fastest debt finance fundraise.

Andela secures US$40m Series C funding to fuel Africa expansion

Andela secures US$40m Series C funding to fuel Africa expansion

The round marks one of the largest investments ever led by an African venture firm into an Africa-based company.

African subsidiaries stabilise Maroc Telecom's 2017 earnings

African subsidiaries stabilise Maroc Telecom's 2017 earnings

Businesses on the continent contributed 40% of the Group's turnover.

Nimbus lists in Namibia as first capital pool company

Nimbus lists in Namibia as first capital pool company

The company has signed a management agreement with Paratus Namibia, whereby Paratus will manage its investments.

Latest Africa-focused VC fund dangles US$6m carrot

Latest Africa-focused VC fund dangles US$6m carrot

Senegal-based Partech Africa Fund aims to support Africans using tech to tap into emerging market opportunities.

ZTE reports 29.8% increase in half-year net profit

ZTE reports 29.8% increase in half-year net profit

ZTE South Africa announces results, attributes growth to mobile network and smartphone business.

AfDB, partners invest US$55m in Off-Grid Energy Access Fund

AfDB, partners invest US$55m in Off-Grid Energy Access Fund

Fund directly supports the finance institution's New Deal on Energy for Africa.

Metrofile gets go-ahead on R75m Tidy Files acquisition

Metrofile gets go-ahead on R75m Tidy Files acquisition

Deal aligned with Metrofile's strategic growth objective, according to CEO.

Alibaba to 'seriously consider' Hong Kong

Alibaba to 'seriously consider' Hong Kong

Founder Jack Ma's consideration comes after Hong Kong decided recently to move towards allowing dual-class share listings.

Vodacom Tanzania IPO set for 15 August

Vodacom Tanzania IPO set for 15 August

Telco has raised TZS 476 billion in what is expected to be largest listing in the Dar es Salaam Stock Exchange's 19-year history.