SoftBank-backed OPay files for a US IPO, posting major revenue growth.
In its US IPO filing on Friday, Africa-focused digital payments startup OPay disclosed that its revenue more than doubled in the first half of the
Africa’s corporate debt market is marginal in funding the continent’s ambitions, OECD says.
The OECD said on Friday that Africa’s corporate debt markets are well below the size the continent’s economy and rising financing demands call for, with
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Dangote Refinery IPO: African Market Fragmentation Ruins Investor Appetite.
The historic stock debut of Nigeria’s Dangote refinery was promoted as a chance for continental investors to own a piece of Africa’s largest refining complex
U.S. bans Microsoft and other IT firms from the green card program over fraud claims.
In addition to criticizing institutions that bring foreign students to the United States through exchange programs, President Donald Trump’s administration said on Thursday that it
AU unveils Africa Credit Rating Agency as an alternative to the “Big 3” international firms.
As many African nations struggle with debt, the African Union established the first credit rating agency on the continent on Wednesday in an effort to
Skydance merges top Paramount and Warner Bros. franchises, creating a weird new Hollywood mega-studio.
For Skydance, the recently established entertainment giant that resulted from Paramount’s $81 billion acquisition of Warner Bros. Discovery, which completed on Tuesday, continuity will be
Google locks in massive 3.6 GW of power from Constellation Energy in the US.
Google has signed a massive 3,590-megawatt power agreement with Constellation Energy to secure electricity from the US’s largest power grid. The key takeaways from the
Spain’s Aragon becomes a $70B data center hub via fast-track permits.
Due to what tech companies praise as its flexible municipal permitting procedures and quick decision-making, Aragon, a sparsely populated area of northeast Spain, has emerged
France’s Schneider Electric snaps up US software creator PTC for $22.6 billion.
As it expands its data center business amid soaring demand, France’s Schneider Electric reached its largest deal ever on Monday, agreeing to purchase US software
Revolut’s $115 billion surge to challenge Europe’s banking giants.
Since its beginning just over ten years ago as a fintech promising lower currency fees, Revolut has evolved quickly to become Europe’s most valuable company
Renault invests $11 billion in French EV and low-cost car production.
“Over the last five years, we invested €13 billion in France to transform our industrial footprint entirely to bet on electric, and over the next
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