MTN has informed its shareholders that it is in talks for a Telkom takeover. An agreement will see it purchase Telkom’s entire issued share capital in exchange for shares
Swvl Holdings Corp (NASDAQ: SWVL), an Egyptian startup that provides transformative tech-enabled mass shared transit for intercity and intracity trips, announced a definitive agreement to acquire Mexico-based Urbvan Mobility Ltd,
Autochek, a pan-African automotive e-commerce company, has acquired CoinAfrique, a classified marketplace in francophone African countries, for an undisclosed sum to accelerate the penetration of its auto financing services in
MNT-Halan, a leading Egyptian fintech startup and the fastest-growing lender to the unbanked and underbanked has acquired Talabeyah. This fellow Egyptian B2B e-commerce startup provides FMCG supplies directly to small
Chari, a Morocco-based B2B e-commerce and fintech startup, has entered the Ivory Coast market by acquiring the Ivorian Diago. This app connects neighborhood shops to FMCG producers and importers.
Diago,
Pan-African digital payments company MFS Africa has announced plans to acquire U.S.-based Global Technology Partners (GTP) in a cash-and-shares deal worth $34 million. This deal, which is a
Appetito, Egypt’s Quick-Commerce platform that delivers groceries and household products to customers from 11 dark stores in three Egyptian cities, is acquiring Lamma, another Q-Commerce platform that operates in
In a play that will see it expand to North Africa; digital automotive commerce company Autochek has acquired Morocco’s KIFAL Auto for an undisclosed amount.
KIFAL was founded in
SWVL Holdings, a global supplier of disruptive tech-enabled mass transit solutions, has today announced its completion of a formal agreement to acquire Zeelo, the United Kingdom-based largest smart bus platform,
Eden Life, Africa’s first home concierge services scheduling platform has acquired Lynk, a Kenyan gig marketplace in a move that will see Eden Life expand into Kenya.
The strategic
Bboxx, a London-headquartered cleantech startup that provides clean energy in Africa, has reportedly acquired PEG Africa, another cleantech startup based in Accra, in a deal worth $200 million, according to
Global social networking company, Twitter, has on Monday announced that it has agreed to be acquired by Elon Musk, for $54.20 per share in cash in a transaction valued