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Published on 06:37 GMT

African e-commerce super app MaxAB-Wasoko acquires Egypt’s Fatura

MaxAB-Wasoko, Africa’s leading retail e-commerce and supply chain super app, has announced the acquisition of Fatura, an Egypt-based B2B e-marketplace, as it bids to consolidate the B2B commerce and fintech landscape across the continent. Formed last year …

Source: Disrupt Africa - Neutral
Published on May 20, 2025

Oil Prices Remain Rangebound as Geopolitical Catalysts Loom

While oil markets have calmed somewhat at the start of this week after a period of intense volatility, developments in either Ukraine or Iran might soon spark another significant move. Rome will host the fifth round of US-Iran talks this upcoming weekend, …

Source: Oil Price - Neutral
Published on May 20, 2025

South Africa: Vodacom targets double-digit service revenue growth by 2028

South Africa's biggest mobile operator Vodacom reported a marginal rise in annual earnings and aims to accelerate group service revenue growth into a double-digit rise over the next three years, it said on Monday. Vodacom, majority-owned by UK-based …

Source: Zawya - Indeterminate
Published on May 20, 2025

Vodafone in the red as £3.4bn swing puts firm at a loss

Telecommunications giant Vodafone has revealed its FY25 results, with the company £346m in the red for the year after making a profit of £3.1bn in FY24. The London-based firm has attributed the huge £3.4bn swing to its struggling divisions in Germany and …

Source: BusinessCloud - Pending
Published on May 20, 2025

Philippines Warehousing Market Set to Grow at 5.85% by 2025 as Cold Chain Demand Surges Across E-Commerce, Pharma & F&B

Philippines warehousing and cold chain sectors grow rapidly, driven by e-commerce, pharma, F&B demand, infrastructure upgrades, and modern logistics solutions. NAVI MUMBAI, MAHARASHTRA, INDIA, May 20, 2025 /⁨EINPresswire.com⁩/ -- The …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on May 20, 2025

Telkom South Africa worth drops by nearly 50%

こんにちは, Victoria from Techpoint here, Here’s what I’ve got for you today: How to lose billions: Telkom edition Why Nigeria needs a working stablecoin Fatura fuels MaxAB-Wasoko’s fintech push Telkom let R140 billion slip Telkom’s been on a wild financial …

Source: Techpoint Africa - Neutral
Published on May 20, 2025

7 degrees that make the most millionaires in Nigeria

Before you fill out that Joint Admissions and Matriculation Board (JAMB) form, it’s important to choose a course that not only aligns with your interests but also offers strong earning potential after graduation. While it's true that JAMB or your …

Source: Pulse - Neutral
Published on May 20, 2025

Business Process as a Service (BPaaS) Market to Hit USD 604.6 Million by 2035, Growing at 10.8% CAGR

NEWARK, DE, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- The Business Process as a Service (BPaaS) market has seen a significant growth in the last decade, which has been fuel by rapid digital changes and increasing cloud-based solutions by …

Distribution channels: Technology ...
Published on May 20, 2025

Africa food ingredients market size projected to reach US$3B by 2034

AFRICA – The Africa food ingredients market was valued at US$1.9 billion in 2024, and is projected to reach US$3 billion by 2034, growing at a CAGR of 4.7%, according to a report released by Global Market Insights. Rising urbanization, an emerging middle- …

Source: Food Business Africa Magazine - Pending
Published on May 20, 2025

E-commerce giant MaxAB-Wasoko acquires Egypt’s Fatura

L-R: EFG Finance CEO Aladdin ElAfifi and Belal Megharbel, CEO of MaxAB-Wasoko. | PHOTO: Handout MaxAB-Wasoko, the retail e-commerce giant formed from last year’s merger of Egypt’s MaxAB and Kenya’s Wasoko, has announced the acquisition of Egyptian e- …

Source: Citizen TV Kenya - Indeterminate
Published on May 20, 2025

Nigeria’s exit from FATF grey list will increase investor confidence, says SEC

The Securities and Exchange Commission (SEC) has affirmed that Nigeria’s anticipated removal from the Financial Action Task Force (FATF) grey list will serve as a major catalyst for boosting investor confidence and attracting greater volumes of foreign …

Source: The Guardian (Nigeria) - Neutral
Published on May 19, 2025

MaxAB-Wasoko deepens Egypt footprint with Fatura acquisition

MaxAB-Wasoko acquires Fatura from EFG Finance, enhancing its B2B eCommerce capabilities in Egypt. EFG Finance becomes a significant shareholder in MaxAB-Wasoko and secures a board seat. The acquisition expands MaxAB-Wasoko’s reach to over 626 wholesalers …

Source: Techpoint Africa - Neutral
Published on May 19, 2025

Catalyst Partners seals Egypt’s first fintech SPAC deal in $23m Qardy buyout

Catalyst Partners Middle East (CPME) completes Egypt’s first fintech SPAC merger by acquiring Qardy for $23 million. The acquisition is executed through a share swap, aligning with CPME’s strategic expansion in digital lending. This move follows Swvl’s …

Source: Techpoint Africa - Neutral
Published on May 19, 2025

Father-son team lists Africa’s XRP Healthcare on Canadian stock exchange

It’s been a long road for entrepreneur Laban Roomes and his footballer-turned-crypto founder son Kain, but their XRP Healthcare startup is in the process of going public on the Canadian stock exchange. They co-founded the Dubai-incorporated company with …

Source: Cointelegraph Magazine - Neutral
Published on May 19, 2025

MaxAB-Wasoko acquires Egypt’s Fatura to bolster Africa’s B2B retail ecosystem

MaxAB-Wasoko, Africa’s leading retail e-commerce and supply chain super app, has today announced the acquisition of Fatura, an Egypt-based B2B e-marketplace, from EFG Finance, a subsidiary of EFG Holding. The deal, which includes EFG Finance taking a …

Source: Technext - Neutral
Published on May 19, 2025

MaxAB-Wasoko acquires Fatura as EFG Finance joins board

EFG Finance, part of EFG Holding, has approved the acquisition of its B2B platform Fatura by MaxAB-Wasoko, a regional retail and supply chain super app. As part of the deal, EFG becomes a major shareholder in MaxAB-Wasoko and gains a board seat, …

Source: Wamda - Neutral
Published on May 19, 2025

DEALS: MaxAB-Wasoko Acquires Fatura, Advancing Bold Ambition for Pan-African E-Commerce Consolidation

MaxAB-Wasoko, Africa’s leading retail e-commerce and supply chain super app, has completed the acquisition of Fatura, an Egypt-based B2B e-marketplace, from EFG Finance, a subsidiary of EFG Holding. As part of the deal, EFG Finance will join MaxAB-Wasoko …

Source: TechEconomy - Neutral
Published on May 19, 2025

Panera Brands appoints former RBI CEO José Cil as chairman

US-based fast-casual restaurant chain Panera Brands has appointed José Cil as the new chairman of its board of directors. Panera Brands comprises Panera Bread, Einstein Bros Bagels and its regional brands, and Caribou Coffee. Cil brings extensive …

Source: Verdict Food Service - Pending
Published on May 19, 2025

Vodacom pins hopes on Egypt and Tanzania to fuel growth

Vodacom is hopeful that operations in Egypt and Tanzania will help to drive growth in this financial year — with the group beginning to rely less on its SA market for growth. CEO Shameel Joosub said on Monday that recent currency market stability, …

Source: BusinessLIVE - Pending

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Published on May 20, 2025 - 15:27 GMT

Philippines Warehousing Market Set to Grow at 5.85% by 2025 as Cold Chain Demand Surges Across E-Commerce, Pharma & F&B

Philippines warehousing and cold chain sectors grow rapidly, driven by e-commerce, pharma, F&B demand, infrastructure upgrades, and modern logistics solutions. NAVI MUMBAI, MAHARASHTRA, INDIA, May 20, 2025 /⁨EINPresswire.com⁩/ -- The …

Distribution channels: Business & Economy, Food & Beverage Industry ...
Published on May 20, 2025 - 10:42 GMT

The Rising Tide of Hotel Mergers in India - How SeaHorse Consulting is Redefining Hospitality Partnerships

SeaHorse Hospitality Consulting leads hotel mergers and acquisitions, offering expert hotel consulting and advisory services to empower hotel owners. GURUGRAM, HARYANA, INDIA, May 20, 2025 /⁨EINPresswire.com⁩/ -- As the hospitality industry …

Distribution channels: Amusement, Gaming & Casino, Business & Economy ...

Published on May 20, 2025 - 11:30 GMT

Business Process as a Service (BPaaS) Market to Hit USD 604.6 Million by 2035, Growing at 10.8% CAGR

NEWARK, DE, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- The Business Process as a Service (BPaaS) market has seen a significant growth in the last decade, which has been fuel by rapid digital changes and increasing cloud-based solutions by …

Distribution channels: Technology ...
Published on May 20, 2025 - 21:27 GMT

Sizzle Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing May 23, ...

New York, NY, May 20, 2025 (GLOBE NEWSWIRE) -- Sizzle Acquisition Corp. II (Nasdaq: SZZLU) (the “Company”) announced today that, commencing May 23, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the …

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Published on May 20, 2025 - 16:10 GMT

VERAXA Biotech Appoints Rick Austin as Chief Scientific Officer

ZURICH, May 20, 2025 (GLOBE NEWSWIRE) -- VERAXA Biotech AG (“VERAXA”), an emerging leader in designing novel cancer therapies and proposed de-SPAC acquisition target of Voyager Acquisition Corp. (NASDAQ:VACH, “Voyager”), announced today the appointment of …

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Published on May 21, 2025 - 05:14 GMT

Pharmaceutical Glass Packaging Market Share Analysis Set to Reach USD 31843.36 Million by 2035, Driven by Biologics

Pharma glass packaging grows fast with tech advances, sustainability focus, and rising biologics demand; smart, recyclable designs lead the way. NEWARK, DE, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The pharmaceutical glass packaging …

Distribution channels: Business & Economy ...
Published on May 20, 2025 - 14:40 GMT

Gavin Swartzman To Join Christie’s International Real Estate as President

Chicago, May 20, 2025 (GLOBE NEWSWIRE) -- Gavin Swartzman, who recently oversaw one of the largest residential brokerage firms in North America and has been lauded as one of the real estate industry’s most influential leaders, will be joining Christie’s …

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Published on May 20, 2025 - 14:28 GMT

Bel Appoints Lynn Hutkin as Chief Financial Officer

WEST ORANGE, N.J., May 20, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”) today announced the appointment of Lynn Hutkin as Bel’s Chief Financial Officer (CFO) effective immediately …

Distribution channels: Companies, Technology ...

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Published on May 21, 2025 - 09:14 GMT

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 09:14 GMT

ANY.RUN Exposes Long-Running Phishing Campaign Targeting Italian and US Companies

DUBAI, DUBAI, UNITED ARAB EMIRATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- ANY.RUN, a leader in cybersecurity solutions, has released a new case study exposing a long-running phishing campaign that uses Telegram bots for credential exfiltration. By …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 09:12 GMT

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 09:09 GMT

EBC Financial Group Breaks Down Moody’s U.S. Downgrade: Impacts on Bond Markets, Traders, and Global Flows

With the U.S.'s final AAA rating removed, EBC analyses market reactions and highlights the long-term structural concerns now resurfacing DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Moody’s recent decision to downgrade the United …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 09:00 GMT

cCarbon Launches Open-Access Carbon Removals and Offsets Monitor to Drive Market Transparency

The new tool provides no strings attached access to global transactions and deal flow related to carbon removals and offsets. LONDON, CALIFORNIA, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- cCarbon, a leading provider of climate market …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on May 21, 2025 - 08:33 GMT

LuLu AI Invests in PayLater Qatar to Advance the Future of Financial Inclusion

DOHA, QATAR, May 21, 2025 /⁨EINPresswire.com⁩/ -- LuLu AI, the investment arm of LuLu Financial Holdings, has announced a strategic investment in PayLater Qatar, one of the first licensed Qatari providers of Buy Now, Pay Later (BNPL) and embedded …

Distribution channels: Banking, Finance & Investment Industry, World & Regional ...
Published on May 21, 2025 - 08:22 GMT

Arthur Lawrence Partners with STC Bank to Enhance Operational Efficiency and Strengthen Human Capital

RIYADH, SAUDI ARABIA, May 21, 2025 /⁨EINPresswire.com⁩/ -- Arthur Lawrence, a leading global management and technology consulting firm, has announced an agreement with STC Bank to deliver operational outsourcing and job description development …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 08:19 GMT

Aniara Secures €600,000 in Oversubscribed Pre-Seed Round Led by Aller Media Nordic

AI-powered book translation startup attracts strategic investors as it revolutionizes global publishing STOCKHOLM, STOCKHOLM, SWEDEN, May 21, 2025 /⁨EINPresswire.com⁩/ -- Aniara, the Swedish AI startup transforming global book publishing through …

Distribution channels: Banking, Finance & Investment Industry, Technology ...
Published on May 21, 2025 - 06:49 GMT

Solidion Technology Reports First Quarter 2025 Financial and Operating Results

Company expects commercial sales in 2025 DALLAS, TX, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Solidion Technology Inc. (“Solidion” or the “Company”) (Nasdaq: STI), an advanced battery technology solutions provider, today has released …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on May 21, 2025 - 06:38 GMT

Exabytes supporta JGZSTO nello sviluppo di un'infrastruttura globale, accelerando la crescita delle piattaforme Web3

ROME, LAZIO, ITALY, May 21, 2025 /⁨EINPresswire.com⁩/ -- In una fase cruciale in cui le piattaforme di scambio crypto puntano alla ricostruzione del brand e all'espansione internazionale, le imprese Web3 stanno cercando soluzioni di crescita …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:59 GMT

Recode's Vishal Gulati Elected Fellow of the Academy of Medical Sciences for Contributions to Translational Medicine

Healthcare Venture Capitalist, Vishal Gulati Elected to the Prestigious Academy of Medical Sciences LONDON, LONDON, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- Recode Ventures is honoured to announce that Vishal Gulati, MD, Co-founder and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:30 GMT

FinTech Global releases second annual DataTech50 highlighting the must know data management firms in financial services

The latest edition of the DataTech50 list reveals the leading tech companies helping financial institutions unlock the full value of their data LONDON, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- FinTech Global, a specialised financial research …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:00 GMT

GTCFX Honored with Trusted Broker Rising Star Award 2025 at TrustFinance Business Bangkok

Celebrating Emerging Excellence in the Global Forex Industry SINGAPORE, May 21, 2025 /⁨EINPresswire.com⁩/ -- GTCFX has been awarded the prestigious “Trusted Broker Rising Star Award 2025” during the TrustFinance Business Bangkok 2025 event, held …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:00 GMT

XM Wins 'Client Experience Excellence – Asia Pacific' at TrustFinance Business Bangkok 2025

Recognizing Outstanding Commitment to Client-Centered Service Across the Region SINGAPORE, May 21, 2025 /⁨EINPresswire.com⁩/ -- At the prestigious TrustFinance Business Bangkok 2025 event in Bangkok, XM was awarded the "Client Experience …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:00 GMT

IUX Wins 'Best Trader Choice' at TrustFinance Awards 2025

Recognizing Consistent Excellence and Trader-Focused Innovation at TrustFinance Business Bangkok SINGAPORE, May 21, 2025 /⁨EINPresswire.com⁩/ -- IUX has been honored with the prestigious “Best Trader Choice” award at the TrustFinance Awards 2025, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:00 GMT

MH Markets Wins 'Best Value Forex Broker 2025' at TrustFinance Business Bangkok 2025

Recognizing Excellence in Cost-Efficiency, Transparency, and Trader-Centric Services SINGAPORE, May 21, 2025 /⁨EINPresswire.com⁩/ -- MH Markets has been awarded the prestigious “Best Value Forex Broker 2025” title at the TrustFinance Business …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:00 GMT

FBS Wins 'Best Trading Conditions 2025' at TrustFinance Awards

Recognizing Global Excellence in Trading Environment at TrustFinance Business Bangkok SINGAPORE, May 21, 2025 /⁨EINPresswire.com⁩/ -- FBS has been awarded the prestigious “Best Trading Conditions 2025” title at the TrustFinance Awards, presented …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:00 GMT

RoboForex Named 'Best Copy Trading Platform 2025 (International)' at TrustFinance Awards

Recognizing a Global Leader in Social Trading at TrustFinance Business Bangkok 2025 SINGAPORE, May 21, 2025 /⁨EINPresswire.com⁩/ -- RoboForex has been honored with the prestigious “Best Copy Trading Platform 2025 (International)” award at the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 05:00 GMT

BlueGrace Energy Bolivia Aligns with UK’s Global Vision for Trusted Voluntary Carbon Markets

As the UK unveils plans to boost carbon credit markets, BlueGrace Energy Bolivia emerges as a leader with its traceable, tokenized climate solution. LONDON, GREATER LONDON, UNITED KINGDOM, May 21, 2025 /⁨EINPresswire.com⁩/ -- Following the UK …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 20, 2025 - 21:56 GMT

Bullion Mart Launches Exclusive Dealer Program — Wholesale Pricing on Bullion and Jewelry with Instant Availability

Bullion Mart’s Dealer Program offers wholesale bullion & jewelry at Dubai/India prices with no wait—ready for instant shipping or pickup. TORONTO, ONTARIO, CANADA, May 20, 2025 /⁨EINPresswire.com⁩/ -- Bullion Mart, one of Canada’s most …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...