March 23, 2016/Ringier AG Ringier Africa Deals Group (http://www.Ringier.com/en/about-ringier-africa), a newly-founded joint venture between Swiss Ringier Africa AG and South African Silvertree Internet Holdings (Pty) Ltd, today announces it has acquired one of Nigeria’s biggest online shopping platforms, DealDey. The acquisition represents an expansion of Ringier Africa’s portfolio beyond publishing […]
Tag: Kenya
Kenya secures $1.5 bln IMF standby facilities in case of shocks
Tue Mar 15, 2016/Reuters The International Monetary Fund (IMF) has approved two-year standby facilities for Kenya worth about $1.5 billion, which can be drawn on if the East African nation faces unforeseen shocks. “The Kenyan authorities have indicated that they will continue to treat both arrangements as precautionary,” the IMF […]
More in store for African retail & consumer businesses – prospects remain positive: PwC report
March 15, 2016/PwC PwC’s inaugural publication entitled ‘So much in store’ is an in-depth study into the make-up of Sub-Saharan Africa’s retail and consumer goods industries Africa’s economy has seen modest growth in the wake of falling commodity prices, slowing revenues and volatile currencies. The moderation in growth impacts a […]
