Business News

MasterCard Empowers Local Businesses with Big Data, Digital Tools

June 13, 2016/MasterCard Today MasterCard announced it is offering real-time, analytics-based market insights on revenue, market share, customer demographics and competitors to local merchants across Canada. Local Market Intelligence (LMI) offers insights on both a particular location and across multiple locations, regardless of the size of business.  “The potential for businesses operating in […]

Privately-held Kenyan firm says plans to buy 23 pct stake in Britam

Mon Jun 13, 2016/Reuters Kenya’s Plum LLP plans to buy a 23.34 percent stake in insurer British-American Investments Co (Britam) that had been seized by the government of Mauritius from a disgraced businessman in 2015, the privately owned firm said on Monday. Plum said it expected the acquisition was expected […]

Dangote acquires shares in Afreximbank

June 10, 2016/Punch Bayo Akinloye The Dangote Group has become the latest corporate organisation to join the African Export-Import Bank as a class B shareholder. The Group, according to information released by Afreximbank and made available to our correspondent, completed the process of acquiring equity in the bank on May […]