Business articles


South Africa’s Naspers Becomes Africa’s Biggest Company by Market Value

South Africa’s Naspers Becomes Africa’s Biggest Company by Market Value

South Africa’s multinational mass media company, Naspers, is now the biggest publicly traded company by market value in Africa. This came to be as a result of the sale of bonds to fund emerging market internet acquisitions. In a July 15 statement released by the company, $1.2billion was raised to partly fund purchases, reports Bloomberg.

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MTN Holds Forum To Inspire Business Growth in Africa

MTN Business, a part of MTN Nigeria recently hosted a forum in conjunction with CNN to discuss about the future of African businesses. The forum which held at the Wheat Baker Hotel, Lagos featured seasoned panelists and discussants in the Nigerian technology and business industry including Political Economy and Management Expert, Prof. Pat Utomi, CEO,


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With 120 Million Facebook Users in Africa, Facebook Officially Opens For Business

Facebook has opened its first office in Africa to further the company’s commitment to help businesses connect with people and grow locally and regionally, according to a company statement made available to TechLoy. The company’s Africa approach will see it partnering with governments, telecom operators, agencies and other stakeholders to deliver localised solutions to advertisers


Diamond Bank’s BET Programme Is Offering N3 Million Grants To ICT Businesses

Diamond Bank’s Building Entrepreneurs Today (BET) programme, an annual capacity building and business education project aimed at generating interest in entrepreneurship has began accepting applications for its fourth season. Launched in 2010, the programme is designed to train 50 budding entrepreneurs over a period of six months after which the top five entrepreneurs are awarded


MTN Is Partnering With CNN To Grow SMEs Through #AfricaView Initiative

[Sponsored Content] – Sponsored content featured on, usually in the form of an article, photo or video-related content offers our audience the opportunity to learn more about a product, service, industry, trend or topic. While our advertising relationships do not impact on our editorial coverage on the site, the goal is to align brands


eTranzact Is Totally Rethinking Mobile Payments In Nigeria With Its New PocketMoni Service

eTranzact, a leading provider of mobile banking and payments services in Africa is attempting to rethink mobile payments in Nigeria with a new PocketMoni service that claims to better understand the needs of the marketplace. The company says it “has done a retake of what mobile money can be with a recreated game changing mobile


Africa-Focused Technology Logistics Company, ACE To Receive $2.6 Million USD In Funding

Africa Courier Express (ACE), formerly A-Post, a Nigeria-based and Africa-focused technology driven e-commerce logistics and warehousing firm has received funding of US$850,000 from Interswitch’s recently launched ePayment Growth Fund, as part of a $2.6 million USD investment that would enable the company expand across Africa.