The acquisition by Netflix of big chunks of Warner Bros Discovery in a US$72-billion megadeal could hardly have come at a worse time for MultiChoice Group. Reuters reported that Netflix has agreed to buy Warner Bros Discovery’s TV and film studios and streaming division for $83-billion (including debt), a deal that would hand control of one…
Nairobi — The Democratic Republic of the Congo (DRC) and Rwanda are preparing to convene the inaugural summit of their new Regional Economic Integration Framework (REIF), a landmark platform designed to advance joint projects in mining, tourism, public health, energy, and infrastructure. The initiative–first disclosed in June–is a central pillar of a broader peace agreement…
Vodacom Group CEO Shameel Joosub Vodacom Group has moved to cement its position in East Africa with a R36-billion transaction that will see it take majority control of Safaricom, one of the continent’s most valuable telecommunications operators and fintech players. The Johannesburg-headquartered group said on Thursday it has reached an agreement with the government of…
Beta Technologies shares surged more than 8% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over…
Debating Ideas reflects the values and editorial ethos of the African Arguments book series, publishing engaged, often radical, scholarship, original and activist writing from within the African continent and beyond. It offers debates and engagements, contexts and controversies, and reviews and responses flowing from the African Arguments books. It is edited and managed by the…
Ralph Mupita MTN’s long-running pursuit of Telkom has become something of a South African corporate legend – three attempts across multiple CEOs, countless political crosswinds and, ultimately each time, no deal. Yet, in an interview with TechCentral Show to be published later this week, MTN Group CEO Ralph Mupita made it clear that the logic…
Vodacom has finally overcome the last regulatory hurdle in its long and troubled attempt to acquire a stake in Maziv, four years after they first agreed to the transaction. The mobile telecommunications giant confirmed in a statement to investors on Wednesday that the transaction now has the green light from communications regulator Icasa. The company…
President Trump says only a few “points of disagreement” remain on a possible deal to end the war between Russia and Ukraine. The president says he will meet with the leaders of both countries only when the deal is in its final stages. Weijia Jiang has more.
Georgina RannardClimate and science correspondent, in Belém, Brazil Getty Images Members of the Ipereg Ayu movement, representing the indigenous Munduruku group, demoonstrated outside this year’s summit All new mention of fossil fuels, by far the largest contributor to climate change, has been dropped from the draft deal under negotiation as the COP30 UN climate talks…
The Jospong Group of Companies (JGC) and the United Nations University Institute for Natural Resources in Africa (UNU-INRA) have signed a Memorandum of Understanding (MoU) to bridge the gap between climate ambition and tangible action in Africa. Signed on Monday on the sidelines of COP30 in Belém, Brazil, the agreement aims to fuse Jospong Group’s…
