Byline
Articles credited to Samuel Ige.
Showing 141–146 of 146 articles
FinTech
Flutterwave gets major boost to its operations in Uganda as it finally secures a Payment Systems Operator (PSO) license from the Bank of Uganda. This will enable businesses in the country to access its payment solutions. This license will enable businesses in Uganda to make single and bulk payouts to suppliers, employees, and partners. This
M&A
Currency devaluation results in $1.9 billion in losses in the 2023 fiscal year
Funding
Payments and liquidity platform aims to solve trade deficits resulting from increasing demand for the dollar
M&A
Inability to service debts, cash flow problems, and electricity stability cripple Hohm Energy
M&A
Bamburi‘s biggest shareholder has approved a $182.8 million buyout offer from the Amsons Group. Holcim, the shareholder company in question, is a Swiss construction materials manufacturing company. It has made the decision to sell its 58.6% stake in Bamburi, Kenya’s biggest cement maker to Amsons, a Tanzanian energy group. Bamburi boasts of being the largest
Startups
Agricultural data analytics startup, Gro Intelligence has reportedly decided to shut down its operations in the United States of America. This comes on the heels of its difficulty of securing sufficient capital to stay in business. The company is also under investigation by the United States Securities and Exchange Commission (SEC) reportedly over fraud. AgFunderNews