Wiocc lands US0-million from Saudi and African backers

Wiocc lands US$300-million from Saudi and African backers

Wiocc Group CEO Chris Wood Wiocc Group has signed an agreement with the Africa Finance Corporation and Saudi Arabia’s Vision International Investment Company for a combined US$300-million investment, by some distance the largest capital raise in the company’s history. The shareholder subscription agreement was signed on Tuesday at the Leap technology exhibition in Riyadh, which…

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Africa: Greening Lands, Feeding People: UN Awards Three Restoration Flagships at UNCCD COP17

Africa: Greening Lands, Feeding People: UN Awards Three Restoration Flagships at UNCCD COP17

Ulaanbaatar, Mongolia — The UN today awarded three new World Restoration Flagships in Brazil, the Sahel region, and the Kingdom of Saudi Arabia. The initiatives are strengthening landscape productivity by restoring degraded ecosystems in regions facing drought, desertification, and climate change. Jointly led by the UN Environment Programme (UNEP) and the Food and Agriculture Organization…

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‘Tesla lands in Africa, just not here’

‘Tesla lands in Africa, just not here’

Episode 8 of Watts & Wheels – TechCentral’s electric motoring show – opens with William Kelly on his soapbox, clipboard in hand, and a simple demand: keep left, pass right. Too many South African drivers, he argues, treat the left indicator as an invitation to be overtaken rather than a signal of intent, and lane…

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London lands Africa’s hottest fintech IPO

London lands Africa’s hottest fintech IPO

Thomas Mukoya/Reuters Airtel Africa announced on Thursday it had picked the London Stock Exchange for the listing of its mobile money business due later this year. “We believe a London listing will provide access to a broad international investor base and support our ambition to unlock the long-term value of one of Africa’s leading fintech…

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Amazon Prime lands on Vodacom plans

Amazon Prime lands on Vodacom plans

Eligible Vodacom customers will receive Amazon Prime through selected plans. Vodacom South Africa has expanded its partnership with Amazon South Africa, making Amazon Prime available to eligible customers, extending its existing collaboration beyond video streaming to include shopping, delivery and gaming benefits. This, after the mobile operator introduced Amazon’s Prime Video to SA in 2020…

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A 12-year-old competition case lands on Canal+’s desk

A 12-year-old competition case lands on Canal+’s desk

The Competition Commission has signalled it is open to settlement talks with MultiChoice over its allegation that the pay-TV operator entered into a 2014 market-division pact with set-top box manufacturer Altech UEC. The regulator’s head of cartels has explicitly invited MultiChoice’s new French parent, Canal+, to negotiate rather than face full prosecution at the Competition…

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Africa: How Community Shelters Protect Children and Help Women Restore Degraded Lands in Niger

Africa: How Community Shelters Protect Children and Help Women Restore Degraded Lands in Niger

STORY HIGHLIGHTS Community-built shelters in Niger are enabling mothers to participate in land restoration work by providing shaded spaces for their children, protecting them from extreme heat and environmental hazards. The initiative has led to the construction of 662 shelters across six regions, safeguarding 6,465 children and allowing women to focus on earning income and…

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Duxbury lands exclusive Milesight surveillance distribution deal in SA

Duxbury lands exclusive Milesight surveillance distribution deal in SA

Leandro da Cunha, surveillance business unit lead at Duxbury Networking. Duxbury Networking has been appointed the exclusive South African distributor for Milesight surveillance solutions, expanding its video security portfolio with an AI-enabled platform designed for faster deployment and open integration. Leandro da Cunha, surveillance business unit lead at Duxbury Networking, says customers are prioritising intelligence…

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