DECEMBER 9, 2022
Funding & AcquisitionsNews

Axian Energy and Fortis Green Secure Solar Plant Assets in Rwanda

Fortis Green Renewables and Axian Energy have acquired stakes in Gigawatt Global Rwanda Ltd, a solar power plant in Rwamagana, Rwanda. This strategic investment supports renewable energy growth and energy inclusion in Africa, enha...

Funding & Acquisitions

TotalEnergies Expands Presence in Africa with Acquisition of Hydropower Project Portfolio

TotalEnergies has acquired SN Power, gaining stakes in major hydropower projects across Africa, including Uganda's Bujagali plant. This move enhances TotalEnergies' renewable energy portfolio and supports Africa’s energy transit...

Funding & AcquisitionsNews

TotalEnergies Divests Stake in SPDC Joint Venture

TotalEnergies has announced the sale of its 10% stake in the SPDC Joint Venture licenses in Nigeria to Chappal Energies for USD 860 million. This strategic divestment focuses TotalEnergies’ operations on offshore oil and gas ass...

News

NCBA Group Finalizes Full Acquisition of AIG Kenya

### Keywords - NCBA Group - AIG Kenya - Insurance acquisition - Financial services - Kenya insurance market - John Gachora - Stella Njunge - General insurance - SMEs insurance - Corporate insurance - East Africa insurance - Market...

News

“Multichoice Stands Strong: Rejects French Takeover Bid, Defending Independence and Vision.”

Multichoice, Africa's largest pay-TV platform, rejects Vivendi's USD 1.7 billion acquisition bid, asserting that the proposed offer significantly undervalues the company and its future prospects. Despite Vivendi's 35.01% majority ...

Funding & AcquisitionsNewsStartups

Orcas Online Tutoring Startup Acquired by Baims: Strategic Move for MENA Ed-Tech Market

Explore the strategic acquisition of Orcas, an Egyptian online tutoring startup, by Baims, a Kuwaiti ed-tech company, aiming to revolutionize the MENA education market. Learn about their plans to offer personalized learning soluti...

Acquisition
News

AMD Strengthens AI Capabilities with Nod.ai Acquisition

AMD is set to acquire Nod.ai, an artificial intelligence startup, as part of its strategy to strengthen its software capabilities. This move is aimed at narrowing the gap with rival chip-maker Nvidia, which has established a stron...





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