Month: November 2018

Africa is the world’s next big growth market – New book

A new book by McKinsey confirms that Africa is poised for economic acceleration, akin to the Asian boom. While other geographies are seeing incremental growth, global companies that get in early and…

Atlas Mara sells 25% stake in BSE float

Atlas Mara Limited, the sub-Sahara African financial services group, says BancABC Botswana, which is currently a wholly-owned subsidiary of the company through ABC Holdings Limited (ABCH), has launched an IPO on the…

Alibaba establishes electronic world trade platform hub in Rwanda

Rwandan President Paul Kagame and Alibaba Group Executive Chairman Jack Ma witnessed the signing of three Memoranda of Understanding (MoU) between the Rwandan Government and Alibaba establishing an eWTP (electronic world trade…

IBM to buy Red Hat for $34 billion

IBM (NYSE:IBM) and Red Hat (NYSE:RHT), the world’s leading provider of open source cloud software, has announced that the companies have reached a definitive agreement under which IBM will acquire all of…

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