March 13, 2017/Reuters By Fumbuka Ng’wanakilala DAR ES SALAAM (Reuters) – Tanzania has awarded a coal mining licence to the local unit of Nigeria’s Dangote Cement as part of plans to lower the company’s production costs and ease disruptions caused by energy shortages. The cement maker suspended output in December, […]
Business News
Intel’s $15 billion purchase of Mobileye rewrites driverless landscape
March 13, 2017/Reuters By Tova Cohen, Ari Rabinovitch and Paul Lienert | JERUSALEM/DETROIT Intel Corp (INTC.O) agreed to buy Israeli self-driving technology firm Mobileye (MBLY.N) for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp (NVDA.O) and Qualcomm Inc […]
TA Associates Becomes Minority Investor in Interswitch, Operators of Quickteller
Culled—Proshare March 13, 2017/Africa Capital Digest Here’s this week’s wrap of the most interesting Africa-related private equity, infrastructure and venture capital deal stories, market opinion articles and information pieces on the private capital investment themes, deals and fund raises in Africa. The Week In Brief Fundraising news for Africa-focused or […]
