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A service for banking industry professionals · Saturday, January 23, 2021 · 534,954,646 Articles · 3+ Million Readers
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Rwanda Mergers & Acquisitions Newswire

  • Published on Nov 30, 2020

    Drone Package Delivery Market to Hit USD 7,388.2 Million by 2027; Diverse Entities Such as Amazon and FedEx to Explore ...

    Pune, Nov. 30, 2020 (GLOBE NEWSWIRE) -- The global drone package delivery market size is projected to reach USD 7,388.2 million by 2027, exhibiting a CAGR of 41.8% during the forecast period. Widespread deployment of drones to deliver medical and food …

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  • Published on Nov 16, 2020

    ITIC summit highlights optimistic outlook and promising strides for tourism as we rebuild responsibly

    MICE Tatiana Rokou / 16 Nov 2020 09:46 116 Domestic tourism, technology, cross-sector collaboration and training and investment key to sector recovery. The annual global tourism investment summit, held in partnership with World Travel Market (WTM) and …

    Source: Travel Daily News - Neutral
  • Published on Oct 31, 2020

    Jack London’s memoir an entertaining, as well as an educational read

    Reviewed by BERNIE BELLAN When Jack London set out to write his memoir, he told a Zoom audience Wednesday, October 15, he went through 27 different drafts before arriving at the final version. The result is an absorbing story, titled "Serendipity: My …

    Source: Jewish Post and News - Neutral
  • Published on Jul 30, 2020

    Airbus cuts A350 production as revenue slumps

    Airbus has seen revenue fall to €19 billion in the first half of financial 2020, down from €31 billion during the same period last year. The collapse was driven by the difficult market environment created by the Covid-19 outbreak, with the commercial …

    Source: Internet Travel News - Neutral
  • Published on Jul 29, 2020

    EA deals fall to Sh77bn as corona saps investor cash

    Thursday, July 30, 2020 1:47 By CHARLES MWANIKI Guests during a private equity and venture capital conference in Nairobi in April 2019. PHOTO | DIANA NGILA | NMG  The disclosed value of deals in East Africa fell by a third in the first half of the year …

    Source: Business Daily - Neutral
  • Published on Jun 30, 2020

    The grand fintech consolidation in MFS Africa's acquisition of Beyonic - TechCabal

    In a deal that broadens cross-border financial services within and beyond Africa, MFS Africa, a mobile payments hub connecting banks, money transfer and telecom network operators, has acquired Beyonic, a Uganda-based digital payments company. It is a 100% …

    Source: Google News - Uncategorized
  • Published on Jun 22, 2020

    What merger of NIC, CBA banks means

    By The Citizen Reporter @TheCitizenTZ news@tz.nationmedia.comDar es Salaam. Authorities have officially approved the merging of two banks in a landmark development that will create a new half-a-trillion-shillings lender in the market. NIC Bank Tanzania …

    Source: The Citizen - Uncategorized
  • Published on Jun 1, 2020

    Nigeria’s Access Bank injects $9m into Rwandan subsidiary

    By JAMES ANYANZWA More by this Author Nigeria’s largest retail bank, Access Bank Plc, has more than doubled its investment in its Rwandan subsidiary after acquiring Kenya’s Transnational Bank four months ago. Access Bank, with more than 36 million …

    Source: The East African - Uncategorized
  • Published on Oct 9, 2019

    COMESA sees more business mergers, acquisitions

    Lipimile (2-L) and Okilangole (2-R) displaying copies of the COMESA Competition Commission Guidelines, 2019 Executives urge ‘sleeping giants’ to quickly enact competition law for job creation Kampala, Uganda | JULIUS BUSINGE | There are mega opportunities …

    Source: Independent (Uganda) - Neutral
  • Published on May 30, 2019

    How mergers, acquisitions are reshaping banks in TZ

    By Mnaku Mbani @mnaku28 mmbani@tz.nationmedia.comDar es Salaam. Merger and acquisitions have been big news to banking sector in Tanzania over the last two years. Apart from regulatory measures taken by the Bank of Tanzania (BoT) to merge certain local …

    Source: The Citizen - Uncategorized
  • Published on May 29, 2019

    Party call: Telecoms in EA set for mergers, acquisitions

    By JAMES ANYANZWA More by this Author East Africa’s mobile telephony market is set for more mergers and acquisition as stiff competition puts the revenues of the existing operators under pressure. Global consultancy firm McKinsey&Company Ltd says …

    Source: The East African - Uncategorized
  • Published on Jan 24, 2020

    Insurers’ merger stopped

    Mauritius Union Assurance (MUA) company might have to wait to gain entry to the Kenyan market. This is after Insurance Regulatory Authority (IRA) declined to sanction the full acquisition of Saham Insurance Kenya, saying the Mauritian firm might have been …

    Source: The Standard - Uncategorized
  • Published on Jan 20, 2020

    Airtel-Tigo rebrands as Airtel Rwanda, launches Mukazi Kose mobile money promotion

    Airtel has acquired a twelve-year unified licence to operate as Airtel Rwanda, after operating as Airtel-Tigo since 2018, New Times reported. The deal meant a 100 per cent acquisition of Tigo Rwanda’s equity. Amit Chawla, the Airtel Rwanda MD who announced …

    Source: Telecompaper - Neutral
  • Published on Dec 28, 2019

    Rare merger wave hits local banking industry

    Saturday, December 28, 2019 16:13 By BRIAN NGUGI A KCB branch in Rwanda. FILE PHOTO | NMG  The year saw Kenya’s banking sector record several mergers and acquisitions and more are predicted in the next two years as capital raising options diminish for …

    Source: Business Daily - Neutral
  • Published on Nov 21, 2019

    Financial sector tops as East Africa deals up 46pc

    Thursday, November 21, 2019 22:00 By CHARLES MWANIKI An oil exploration site in Turkana. Energy, oil and gas sectors recorded a significant number of deals this year. FILE PHOTO | NMG  The financial services sector continued to dominate the East African …

    Source: Business Daily - Neutral
  • Published on Nov 13, 2019

    Equity boss drops quit plans as profits up 12pc

    Wednesday, November 13, 2019 9:31 By BRIAN NGUGI Equity Bank chief executive James Mwangi. PHOTO | SALTON NJAU | NMG  Equity Bank #ticker:EQTY chief executive James Mwangi on Tuesday made a retreat over his retirement plan on a day when the lender …

    Source: Business Daily - Neutral
  • Published on Oct 10, 2019

    Kenya upholds position as magnet for financial deals

    Kenya attracted more than half of East Africa’s financial deals in the first eight months of this year, cementing its position as the region’s investment hub. According to the latest research by corporate finance advisory firm I&M Burbidge Capital ( …

    Source: The Standard - Uncategorized
  • Published on Sep 2, 2019

    CBK approves acquisition of National Bank by KCB

    Central Bank of Kenya (CBK) Governor Patrick Njoroge said they support the takeover. The Central Bank of Kenya (CBK) has approved the acquisition of 100 per cent shareholding of National Bank of Kenya Limited (NBK) by KCB Group. The merger will create …

    Source: The Standard - Uncategorized
  • Published on Aug 9, 2019

    KCB-NBK merger in hands of shareholders, says regulator

    Reuters 09th Aug 2019 11:22:06 GMT +0300 KCB Group’s takeover of state-backed National Bank of Kenya will go ahead if its offer is accepted by 75 per cent of National’s shareholders, the markets regulator said on Thursday. The comments by the Capital …

    Source: The Standard - Uncategorized
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