Tag: Business News
Business Africa
Canal+ Forecasts $479 Million in Annual Synergies by 2030 After $3 Billion MultiChoice Acquisition
Canal+ expects to generate about €400 million ($479 million) in annual synergies by 2030 following its $3 billion acquisition of South Africa’s MultiChoice, the...
Business Africa
West Africa Sees Surge in Indian Diesel After EU Blocks Russian Supply
West Africa has seen a sharp increase in Indian diesel imports following the European Union’s ban on fuel refined from Russian crude, Reuters reported....
Business Africa
PayPal Tests Africa Strategy in Nigeria with $100 Million Fund After Shares Slump
PayPal Holdings Inc. is testing its Africa strategy with a $100 million fund aimed at investments, partnerships, and acquisitions in fintech startups, selecting Nigeria...
Business Africa
Tanzania to Sell Gold Reserves to Finance Infrastructure Projects
Tanzania plans to sell part of its gold reserves to help finance major infrastructure projects as external development funding becomes harder to secure, the...
Business Africa
South Africa’s Auto Sector Is Not Seeking Steep Import Duty Hikes, BMW CEO Says
South Africa’s automotive industry is not calling for sharp increases in vehicle import duties, despite growing concern over rising imports, BMW South Africa’s chief...
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