PayPal is entering 10 new countries this week, including Nigeria, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud. Rupert Keeley, the executive in charge of the EMEA region of PayPal, the payments unit of eBay Inc, said in an interview […]
Business News
Emirates Telecom Raises $4.3 Billion in Bond Debut
Emirates Telecommunications Corp. (ETISALAT) is raising $4.3 billion in its first-ever bond sale as the United Arab Emirates phone company seeks funds for its acquisition of Maroc Telecom. The offering includes 1.2 billion euros ($1.62 billion) each of seven-year and 12-year securities, according to two people with knowledge of the […]
Swala Oil & Gas Could Raise 4.8 billion Tanzanian Shillings in IPO
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-East Africa’s first public owned oil and gas company, Swala Oil and Gas (Tanzania) Plc has given a price tag of 500 Tanzania shillings (TZS) per share which could value the company at 4.8 billion TZS in an initial public offering (IPO) which opened today […]
