TLDR Helios Investment Partners is scaling up its presence in Africa’s creative sector with a new $75 million fund targeting sports and entertainment The London-based private equity firm’s specialist arm secured $50 million in equity from development finance institutions to support the strategy Helios’s strategy builds on its 2021 investment in NBA Africa, which valued…
Digital innovation and technology remain underfunded and underdeveloped across Africa, according to a report on Africa’s development which was discussed at the General Assembly on Monday. In 2024, only 34 per cent of women and 45 per cent of men on the continent used the internet, compared to global averages of 65 and 70 per…
Image: Reuters Samsung Electronics on Wednesday evening unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by archrival Apple. The stakes are high. The South Korean company lost its global smartphone crown to Apple in 2023, and faces growing competition from Chinese…
Zama Mdlalose, senior marketing co-ordinator at BET Software, supports learners during a Coding & Robotics lesson. The Robotics Clubs are guided by trained teachers ensuring that learners receive quality instruction and exposure to real-world applications of robotics and automation. The aim is to grow STEM (Science, Technology, Engineering, and Mathematics) education and interest among school…
