A group of investors led by Harith General Partners has agreed to buy out a fund that owns a stake in Vumatel parent CIVH.
Author: Loni Prinsloo
It is critical that e-commerce becomes a bigger source of profitability for Prosus, group CEO Fabricio Bloisi said.
MTN Group said on Thursday that it is probing issues of alleged favouritism by CEO Ralph Mupita.
Naspers expects e-commerce and other digital platforms to inject R91.4-billion into the South African economy by 2035.
A US development agency will be one of the main investors in a new round as Liquid seeks to raise $225-million this year.
MTN Group has agreed to reopen talks with top African tower operator IHS Holding over a governance dispute.
Private equity shareholders of Primedia are considering strategic options for their stakes in the broadcasting group.
Nasdaq-listed e-retailer Jumia Technologies plans to focus on Nigeria as part of a bid to turn profitable.
The dispute over taxes might seem niche, but in the case of Congo the stakes are enormous.
Telecel Group has bought two West African units from MTN Group as it scales operations ahead of a future listing.