Investment In Africa
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CoinDCX Acquires UAE-Based BitOasis Crypto Exchange to Expand in MENA Region
CoinDCX claims it has taken its first step in expanding its crypto business in the Middle East and North Africa (MENA) region by acquiring BitOasis. Both CoinDCX and BitOasis have yet to disclose the financial settlement that was agreed upon for finalising this deal.
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CSK Chief Opens Up On Investing In New South African T20 League
Chennai Super Kings Limited, will be owning the Johannesburg franchise in South Africa's upcoming T20 League.
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Google to Set Up First Africa Product Development Centre in Nairobi
Google announced that it is investing in its first Africa product development centre in the continent. The centre will be established in Kenyan capital Nairobi, and it will cater to the growing base of Internet users in Africa.
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Ajinkya Rahane And Cheteshwar Pujara "Players Of Pedigree": Aakash Chopra After Veteran Batters Hit Fifties In Johannesburg
Aakash Chopra said Cheteshwar Pujara and Ajinkya Rahane are players of "pedigree" and that's why it is important to "invest" in experienced players like them.
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Google to Invest $1 Billion in Africa Over Five Years to Ensure Access to Fast, Cheaper Internet
Google plans to invest $1 billion (roughly Rs 7,500 crores) in Africa over the next five years to ensure access to fast and cheaper Internet and will back startups to support the continent's digital transformation, it said.
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Bitcoins Worth $3.6 Billion Have Vanished Along With South African Firm Africrypt and Its Founders
Africrypt, a cryptocurrency investment firm in South Africa, run by two brothers — CEO Raees Cajee and COO Ameer Cajee — is under global scrutiny right now after up to $3.6 billion (roughly Rs. 26,700 crores) worth of Bitcoin disappeared from it. What's even more shocking is that there is no trace of the two brothers who ran the firm.
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Porsche Appoints Manolito Vujicic As The New Head Of Its India Division
Porsche Middle East and Africa FZE has announced appointing Manolito Vujicic as the new Head of its Division in India.
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Exclusive: Honda May Introduce A Small Adventure Motorcycle, Based On Hornet 2.0
Honda Motorcycle and Scooter India is exploring possibilities utilising the Hornet 2.0 platform and introducing new models with that engine. One of them could be a small adventure bike.
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Toyota Bets On Start-Up Tugende's Small Loans To Boost Africa Business
The trading arm of the Toyota Group has invested $4 million in Ugandan start-up Tugende, saying it hopes the firm's loans to small, independent businesses will also help customers buy the carmaker's vehicles.
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Blackwater Founder Launches Fund To Invest In Car Battery Metals: FT
Erik Prince, who founded the private security company Blackwater, is launching a fund to invest in metals used in electric vehicle batteries, he told the Financial Times. The fund aims to raise up to $500 million and will invest in deposits of metals such as cobalt, copper and lithium, largely in Africa and Asia, he told the newspaper.
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Airtel Africa To Get $1.25 Billion From Softbank Group, Temasek, 4 Other Investors
The investment will be used to reduce Airtel Africa's existing debt of approximately $5 billion and for growth of its African operations, the Bharti Airtel unit listed in UK said.
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Umesh Yadav 'Unfortunate'; KL Rahul 'Long-Term Investment', Says Bowling Coach Bharat Arun
Umesh Yadav has only played three Tests for India in 2018 while KL Rahul has failed in 14 out of 16 Test knocks.
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Uber Rival Taxify Bets on Motorcycles and Rickshaws in East Africa
Taxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets, will invest millions of euros in East Africa in the next five years.
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Digital Revolution Opens New doors For Emerging Economies: PM Modi
Prime Minister Narendra Modi today said the digital revolution has offered new opportunities to the members of the BRICS grouping and other emerging economies and it is essential to invest in artificial intelligence and big data analytics to reap the benefits.
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Opinion: In G20 Partnership With Africa, A Crucial Role For India
India's development, trade and investment relations with African countries are rapidly expanding. India could also help strengthening complementarities between the Compact and the Asia Africa Growth Corridor.
-
CoinDCX Acquires UAE-Based BitOasis Crypto Exchange to Expand in MENA Region
CoinDCX claims it has taken its first step in expanding its crypto business in the Middle East and North Africa (MENA) region by acquiring BitOasis. Both CoinDCX and BitOasis have yet to disclose the financial settlement that was agreed upon for finalising this deal.
-
CSK Chief Opens Up On Investing In New South African T20 League
Chennai Super Kings Limited, will be owning the Johannesburg franchise in South Africa's upcoming T20 League.
-
Google to Set Up First Africa Product Development Centre in Nairobi
Google announced that it is investing in its first Africa product development centre in the continent. The centre will be established in Kenyan capital Nairobi, and it will cater to the growing base of Internet users in Africa.
-
Ajinkya Rahane And Cheteshwar Pujara "Players Of Pedigree": Aakash Chopra After Veteran Batters Hit Fifties In Johannesburg
Aakash Chopra said Cheteshwar Pujara and Ajinkya Rahane are players of "pedigree" and that's why it is important to "invest" in experienced players like them.
-
Google to Invest $1 Billion in Africa Over Five Years to Ensure Access to Fast, Cheaper Internet
Google plans to invest $1 billion (roughly Rs 7,500 crores) in Africa over the next five years to ensure access to fast and cheaper Internet and will back startups to support the continent's digital transformation, it said.
-
Bitcoins Worth $3.6 Billion Have Vanished Along With South African Firm Africrypt and Its Founders
Africrypt, a cryptocurrency investment firm in South Africa, run by two brothers — CEO Raees Cajee and COO Ameer Cajee — is under global scrutiny right now after up to $3.6 billion (roughly Rs. 26,700 crores) worth of Bitcoin disappeared from it. What's even more shocking is that there is no trace of the two brothers who ran the firm.
-
Porsche Appoints Manolito Vujicic As The New Head Of Its India Division
Porsche Middle East and Africa FZE has announced appointing Manolito Vujicic as the new Head of its Division in India.
-
Exclusive: Honda May Introduce A Small Adventure Motorcycle, Based On Hornet 2.0
Honda Motorcycle and Scooter India is exploring possibilities utilising the Hornet 2.0 platform and introducing new models with that engine. One of them could be a small adventure bike.
-
Toyota Bets On Start-Up Tugende's Small Loans To Boost Africa Business
The trading arm of the Toyota Group has invested $4 million in Ugandan start-up Tugende, saying it hopes the firm's loans to small, independent businesses will also help customers buy the carmaker's vehicles.
-
Blackwater Founder Launches Fund To Invest In Car Battery Metals: FT
Erik Prince, who founded the private security company Blackwater, is launching a fund to invest in metals used in electric vehicle batteries, he told the Financial Times. The fund aims to raise up to $500 million and will invest in deposits of metals such as cobalt, copper and lithium, largely in Africa and Asia, he told the newspaper.
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Airtel Africa To Get $1.25 Billion From Softbank Group, Temasek, 4 Other Investors
The investment will be used to reduce Airtel Africa's existing debt of approximately $5 billion and for growth of its African operations, the Bharti Airtel unit listed in UK said.
-
Umesh Yadav 'Unfortunate'; KL Rahul 'Long-Term Investment', Says Bowling Coach Bharat Arun
Umesh Yadav has only played three Tests for India in 2018 while KL Rahul has failed in 14 out of 16 Test knocks.
-
Uber Rival Taxify Bets on Motorcycles and Rickshaws in East Africa
Taxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets, will invest millions of euros in East Africa in the next five years.
-
Digital Revolution Opens New doors For Emerging Economies: PM Modi
Prime Minister Narendra Modi today said the digital revolution has offered new opportunities to the members of the BRICS grouping and other emerging economies and it is essential to invest in artificial intelligence and big data analytics to reap the benefits.
-
Opinion: In G20 Partnership With Africa, A Crucial Role For India
India's development, trade and investment relations with African countries are rapidly expanding. India could also help strengthening complementarities between the Compact and the Asia Africa Growth Corridor.
