Uber’s mega-deal hands Prosus a R40-billion exit

Uber’s mega-deal hands Prosus a R40-billion exit

Sarah Meyssonnier/Reuters Prosus is set to pocket about €2.1-billion – roughly R40-billion – from the sale of its remaining stake in Delivery Hero, after Uber on Thursday launched a takeover offer valuing the German food delivery group at US$14.8-billion (R242-billion). The Amsterdam- and JSE-listed technology investor, which is majority owned by Naspers, said in a…

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Africa: Universities Join Hands to Enhance Agroforestry Research for Mitigating Climate Change

Africa: Universities Join Hands to Enhance Agroforestry Research for Mitigating Climate Change

Nairobi — A team of universities, led by Addis Ababa University, has joined forces to implement a four-year Intra-Africa academic mobility project aimed at strengthening agroforestry research and education for climate change mitigation. The project, dubbed Strengthening Agroforestry Research and Education for Climate Change Mitigation in Africa (SERA), brings together JKUAT (Kenya) and Addis Ababa…

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Cabinet hands the Post Office a board, but not a bailout

Cabinet hands the Post Office a board, but not a bailout

Cabinet has approved a new board for the South African Post Office, removing a key procedural hurdle to the troubled entity applying to exit business rescue – but handing the incoming directors an organisation that the national treasury still refuses to fund and that its rescue practitioners were, just months ago, contemplating liquidation. Communications minister…

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Africa: WHO Hands Over Life-Saving Equipment to Uganda’s Ministry of Health Under D-CARD Africa Project

Africa: WHO Hands Over Life-Saving Equipment to Uganda’s Ministry of Health Under D-CARD Africa Project

At a small health center in rural Sembabule, a nurse recalls the heartbreak of turning away patients due to lack of basic diagnostic tools. “We could suspect hypertension or diabetes, but without the right equipment, we couldn’t confirm or act early,” she said. That reality is now changing. Today, the World Health Organization (WHO) handed…

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