(Ecofin Agency) - West Africa recorded $10.2 billion in private equity transactions between 2014 and 2019, ahead of all other African regions. Overall, the continent had 1,046 PE transactions over the period for an amount of $25.3 billion, according to the African Private Equity and Venture Capital Association (AVCA).
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President Cyril Ramaphosa on Thursday slammed remarks made by South Africa's last apartheid-era leader, F.W. De Klerk, saying it was "treasonous" to deny race segregation was a crime against humanity.
(Ecofin Agency) - The Central Bank of Ghana (BoG) has postponed the implementation of the minimum capital requirement for electronic payment service providers to 31 December 2020. The measure, which was scheduled for 30 June at the latest, was reviewed due to the impacts of the current Covid-19 on economies and investments.
(Ecofin Agency) - US satellite operator Viasat is exploring expansion opportunities in Nigeria. A delegation of the company was received in audience on 10 February 2020 by the Nigerian Communications Commission (NCC) in Abuja. This is the second meeting, after the one held on 4 March 2019, that the company is holding in Nigeria as part of its plans to open up to the world market.
TOGO: Ecobank Group, the pan-African banking group, is inviting African fintech entrepreneurs to enter the 3rd edition of the Ecobank Fintech Challenge. The Fintech Challenge gives African start-ups the opportunity to promote their fintech solutions, and potentially partner with Ecobank to roll-out their solutions across Ecobank’s 33 markets in Africa as well as France.
(Ecofin Agency) Ivan G. Brown, the Director-General of the Liberia Telecommunications Authority (LTA), has recently -signed the country's Act of Accession to the Memorandum of Understanding on Basic Principles for the Implementation of Free-Roaming as part of the ECOWAS Roaming Reduction Initiative. This was in Conakry, at the premises of the Post and Telecommunications Regulatory Authority (Arpt) of Guinea, which currently coordinates the free-roaming initiative in the region.
NIGERIA: Ringier Africa Digital Publishing (RADP.Africa), an Africa’s media groups is unifying its assets across the continent to form one integrated media company under the name Pulse.