Daily Digest Wednesday, 7 October 2020
Funding In Africa
Africa’s Mobile industry contribution to GDP to expand to US$184Bn by 2024- GSMA
The GSMA further noted that that as of 2019, 477 million people in Sub-Saharan Africa subscribed to mobile services, accounting for 45% of the population. Read more
Funding In South Africa
Axia Corporation up its stake in automotive spares distributor Transerv
The acquisition, effective January 1, 2020 was done through the group’s wholly owned subsidiary domiciled in Mauritius, Excalibur Mauritius Limited for a purchase consideration of US$900,000. Read more
Funding In East Africa
Kenya’s Mabati Rolling Mills commissions new manufacturing plant
MRM’s SAFBUILD brings to the market a new way of building quality steel framed buildings using their custom designed Proprietary Software. Read more
Funding In West Africa
Dangote Sugar lists additional shares in Nigerian Bourse
The additional shares were necessitated by the recent merger between the sugar refinery with Savannah Sugar Company Limited and was in line with the resolution passed at a Court-Ordered meeting of members of Dangote Sugar Refinery Plc in July. Read more
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GFA Weekly Round- up Podcast
In this week’s weekly round up podcast, Nichole discussed about the funding activity between September 28- October 2
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GFA Attract Interview
Victor Boyle-Komolafe, the co-founder of Garbage In, Value Out (GIVO), a system that automates and digitises the collection, processing, and sale of recyclable materials. Watch Here
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