The Field Service Management (FSM) division of Trimble will be acquired by MiX Telematics, a South African-based SaaS supplier of connected fleet and mobile asset management solutions. The transaction is
valU, the leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform in the MENA region, announced today the complete acquisition of Paynas, full-service employee management and benefits startup that provides financial services
Liquid Intelligent Technologies, a unit of Cassava Technologies (Cassava), a leading provider of technological infrastructure and services in Africa, today announced the completion of its 100% acquisition and delisting of
After submitting a merger proposal to the Telkom board, Rain withdrew its announcement. Following a harsh warning from the Takeover Regulation Panel (TRP), which required the cellular network operator to
Ghanian fintech, Float, has just acquired a Nigerian cloud-based accounting platform. The platform was acquired fully but the amount is still undisclosed.
Float makes this acquisition eight months after it
Internet service provider Rain announced earlier on Thursday that it has requested to pitch a partnership with rival Telkom to become a third major operator in the nation. A move
Swvl, an Egyptian-born startup that provides shared mobility services for intercity and intra-city trips, has terminated its acquisition deal with Zeloo, a UK-based B2B smart bus operator, according to a
According to Teraco Data Environments, the previously announced deal by Digital Realty to buy a majority stake in the business from a group of investors that included Berkshire Partners and
For the first time in 18 years, Gumtree South Africa will be owned by South Africans. Previously, the American worldwide e-commerce company eBay and then Adevinta held control of the
Two electric cargo vans have been added to Faithful to Nature’s express delivery options in Cape Town as it moves closer to carbon-neutral delivery. Faithful to Nature is an
The Congress of South African Trade Unions (COSATU) has stated that it opposes MTN’s proposed acquisition of Telkom, citing earlier, more significant mergers that resulted in job losses.
The
Averroes Ventures, an Egyptian early-stage VC firm backed by the Mohamed El-Sewedy, has acquired sportswear startup, Magma for an undisclosed sum.
Averroes Ventures’ acquisition of Magma, one of Egypt’s
