TLDR African mobility fintech startup Moove is close to finalizing a $1.2 billion debt financing round to support its rollout of autonomous vehicles in the United States The round is reportedly oversubscribed, with strong interest from private credit funds and banks. Final terms are expected to be concluded in the coming weeks Moove initially offered…
Geneva — Suriname has officially been certified malaria-free by the World Health Organization (WHO), becoming the first country in the Amazon region to eliminate the disease. This certification marks the successful interruption of indigenous malaria transmission for at least three consecutive years – a major step forward in the global fight against one of humanity’s…
This morning, the Chairperson of the AU Commission, H.E. Mahmoud Ali Youssouf convened & presided over a session of the AU Peace Fund Executive Management Committee. He received a comprehensive briefing from H.E. @dagmawit_moges, Director-General of the @AUPeaceFund, & H.E. @Bankole_Adeoye, Commissioner of @AUC_PAPS, on the strategic and progressive utilisation of the Fund. The Chairperson…
TLDR Mediterrania Capital Partners (MCP) has announced the final close of its fourth investment vehicle, raising €600 million ($686 million) The Malta-based private equity firm will use the capital to support mid-cap and SME businesses across North and West Africa The fund targets sectors with strong growth potential, including healthcare, financial services, FMCG, logistics, education,…
