Corporate deals Archives - Nairametrics https://nairametrics.com/category/companies/corporate-deals/ Destination for Business news and analysis from Africa's largest economy Sat, 05 Jul 2025 10:59:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Corporate deals Archives - Nairametrics https://nairametrics.com/category/companies/corporate-deals/ 32 32 201037849 Verve and Global Partners Unite to transform the future of payments in Africa and beyond  https://nairametrics.com/2025/07/05/verve-and-global-partners-unite-to-transform-the-future-of-payments-in-africa-and-beyond/ https://nairametrics.com/2025/07/05/verve-and-global-partners-unite-to-transform-the-future-of-payments-in-africa-and-beyond/#respond Sat, 05 Jul 2025 10:59:47 +0000 https://nairametrics.com/?p=518518 In today’s interconnected world, strategic partnerships have become essential levers for growth, innovation, and customer satisfaction. As digital platforms continue to transform how people live, work, shop, and connect, the demand for interoperable, borderless payment systems has never been greater. Across Africa, digital adoption is accelerating, and cross-border commerce is gaining momentum. A new wave […]

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]]> https://nairametrics.com/2025/07/05/verve-and-global-partners-unite-to-transform-the-future-of-payments-in-africa-and-beyond/feed/ 0 518518 9mobile, MTN to roll out National Roaming nationwide before end of July  https://nairametrics.com/2025/07/03/9mobile-mtn-to-roll-out-national-roaming-nationwide-before-end-of-july/ https://nairametrics.com/2025/07/03/9mobile-mtn-to-roll-out-national-roaming-nationwide-before-end-of-july/#respond Thu, 03 Jul 2025 19:59:41 +0000 https://nairametrics.com/?p=518428 Telecommunications companies, 9mobile and MTN, have announced that the National Roaming deal recently approved by the Nigerian Communications Commission (NCC) will be rolled out before the end of this month across Nigeria. 

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]]> https://nairametrics.com/2025/07/03/9mobile-mtn-to-roll-out-national-roaming-nationwide-before-end-of-july/feed/ 0 518428 Tantalizers announces partnership to revive DBN TV, reveals plans to promote African storytelling  https://nairametrics.com/2025/07/03/tantalizers-announces-partnership-to-revive-dbn-tv-reveals-plans-to-promote-african-storytelling/ https://nairametrics.com/2025/07/03/tantalizers-announces-partnership-to-revive-dbn-tv-reveals-plans-to-promote-african-storytelling/#comments Thu, 03 Jul 2025 11:13:04 +0000 https://nairametrics.com/?p=518404 Tantalizers Plc has announced that it signed a memorandum of understanding on June 25, 2025, to partner with Degue Broadcasting Network, owners of DBN Television. 

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]]> https://nairametrics.com/2025/07/03/tantalizers-announces-partnership-to-revive-dbn-tv-reveals-plans-to-promote-african-storytelling/feed/ 1 518404 Moove set to raise $1.2 billion debt round to fund US autonomous vehicle expansion—Report   https://nairametrics.com/2025/07/03/moove-set-to-raise-1-2-billion-debt-round-to-fund-us-autonomous-vehicle-expansion-report/ https://nairametrics.com/2025/07/03/moove-set-to-raise-1-2-billion-debt-round-to-fund-us-autonomous-vehicle-expansion-report/#respond Thu, 03 Jul 2025 06:21:39 +0000 https://nairametrics.com/?p=518382 African mobility fintech startup, Moove, is on the verge of securing a $1.2 billion debt financing round to support the rollout of a fleet of autonomous vehicles in partnership with Alphabet Inc.’s Waymo in the United States. 

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]]> https://nairametrics.com/2025/07/03/moove-set-to-raise-1-2-billion-debt-round-to-fund-us-autonomous-vehicle-expansion-report/feed/ 0 518382 NCC approves three-year national roaming deal between MTN Nigeria and 9Mobile  https://nairametrics.com/2025/07/02/ncc-approves-three-year-national-roaming-deal-between-mtn-nigeria-and-9mobile/ https://nairametrics.com/2025/07/02/ncc-approves-three-year-national-roaming-deal-between-mtn-nigeria-and-9mobile/#respond Wed, 02 Jul 2025 04:47:42 +0000 https://nairametrics.com/?p=518296 The Nigerian Communications Commission (NCC) has approved a three-year national roaming agreement between MTN Nigeria Communications Plc and Emerging Markets Telecommunications Services Limited (9Mobile), enabling 9Mobile subscribers to access MTN’s network infrastructure across the country. In a statement released to the Nigerian Exchange and the investing public, MTN Nigeria confirmed that the agreement would span […]

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]]> https://nairametrics.com/2025/07/02/ncc-approves-three-year-national-roaming-deal-between-mtn-nigeria-and-9mobile/feed/ 0 518296 EcoCommerce Nigeria to buy Pick n Pay’s 51% stake in Nigerian Subsidiary Pikwik   https://nairametrics.com/2025/06/30/ecocommerce-nigeria-to-buy-pick-n-pays-51-stake-in-nigerian-subsidiary-pikwik/ https://nairametrics.com/2025/06/30/ecocommerce-nigeria-to-buy-pick-n-pays-51-stake-in-nigerian-subsidiary-pikwik/#respond Mon, 30 Jun 2025 14:26:50 +0000 https://nairametrics.com/?p=518167 EcoCommerce Nigeria Limited (ECN), an emerging markets-focused private equity firm, is set to buy Pick n Pay’s 51% equity stake in Pikwik Nigeria Limited as the South African retail giant divests.  

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]]> https://nairametrics.com/2025/06/30/ecocommerce-nigeria-to-buy-pick-n-pays-51-stake-in-nigerian-subsidiary-pikwik/feed/ 0 518167 FG, Rwanda seal double taxation deal at AAM2025 to boost cross-border investment   https://nairametrics.com/2025/06/27/fg-rwanda-seal-double-taxation-deal-at-aam2025-to-boost-cross-border-investment/ https://nairametrics.com/2025/06/27/fg-rwanda-seal-double-taxation-deal-at-aam2025-to-boost-cross-border-investment/#respond Fri, 27 Jun 2025 18:12:41 +0000 https://nairametrics.com/?p=518002 The Federal Government and the Republic of Rwanda have signed a landmark Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income, reaffirming their shared commitment to deepening economic cooperation and advancing private sector-led growth across Africa. 

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]]> https://nairametrics.com/2025/06/27/fg-rwanda-seal-double-taxation-deal-at-aam2025-to-boost-cross-border-investment/feed/ 0 518002 Kaduna Govt, SMEDAN sign N1 billion deal to boost MSMEs  https://nairametrics.com/2025/06/27/kaduna-govt-smedan-sign-n1-billion-deal-to-boost-msmes/ https://nairametrics.com/2025/06/27/kaduna-govt-smedan-sign-n1-billion-deal-to-boost-msmes/#respond Fri, 27 Jun 2025 04:53:24 +0000 https://nairametrics.com/?p=517934 The Kaduna State Government has entered into a N1 billion partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to strengthen the growth of Micro, Small, and Medium Enterprises (MSMEs) across the state.  

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]]> https://nairametrics.com/2025/06/27/kaduna-govt-smedan-sign-n1-billion-deal-to-boost-msmes/feed/ 0 517934 World Bank, IAEA sign agreement to drive nuclear energy use in developing countries  https://nairametrics.com/2025/06/26/world-bank-iaea-sign-agreement-to-drive-nuclear-energy-use-in-developing-countries/ https://nairametrics.com/2025/06/26/world-bank-iaea-sign-agreement-to-drive-nuclear-energy-use-in-developing-countries/#respond Thu, 26 Jun 2025 12:03:16 +0000 https://nairametrics.com/?p=517903 The World Bank Group and the International Atomic Energy Agency (IAEA) have sealed an agreement today to work together to support the safe, secure, and responsible use of nuclear energy in developing countries.  

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]]> https://nairametrics.com/2025/06/26/world-bank-iaea-sign-agreement-to-drive-nuclear-energy-use-in-developing-countries/feed/ 0 517903 Qatar’s largest dairy producer, Baladna, to establish multi-million dollar dairy facility in Ogun State  https://nairametrics.com/2025/06/24/qatars-largest-dairy-producer-baladna-to-establish-multi-million-dollar-dairy-facility-in-ogun-state/ https://nairametrics.com/2025/06/24/qatars-largest-dairy-producer-baladna-to-establish-multi-million-dollar-dairy-facility-in-ogun-state/#comments Tue, 24 Jun 2025 12:54:24 +0000 https://nairametrics.com/?p=517770 Qatar’s largest dairy producer, Baladna, is set to establish a multi-million-dollar dairy and food processing facility in Ogun State to strengthen Nigeria’s domestic dairy production and reduce reliance on imports. 

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]]> https://nairametrics.com/2025/06/24/qatars-largest-dairy-producer-baladna-to-establish-multi-million-dollar-dairy-facility-in-ogun-state/feed/ 1 517770 Access Bank acquires Standard Chartered Tanzania operations amid CBN’s regulatory forbearance restrictions on foreign deals  https://nairametrics.com/2025/06/24/access-bank-acquires-standard-chartered-tanzania-operations-amid-cbns-regulatory-forbearance-restrictions-on-foreign-deals/ https://nairametrics.com/2025/06/24/access-bank-acquires-standard-chartered-tanzania-operations-amid-cbns-regulatory-forbearance-restrictions-on-foreign-deals/#respond Tue, 24 Jun 2025 11:40:26 +0000 https://nairametrics.com/?p=517768 Access Bank has announced the acquisition of Standard Chartered Tanzania’s Consumer, Private, and Business Banking division. 

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]]> https://nairametrics.com/2025/06/24/access-bank-acquires-standard-chartered-tanzania-operations-amid-cbns-regulatory-forbearance-restrictions-on-foreign-deals/feed/ 0 517768 Hasetins to establish $400 million Rare Earth Plant in Nasarawa, targets 10,000 new jobs  https://nairametrics.com/2025/06/23/hasetins-to-establish-400-million-rare-earth-plant-in-nasarawa-targets-10000-new-jobs/ https://nairametrics.com/2025/06/23/hasetins-to-establish-400-million-rare-earth-plant-in-nasarawa-targets-10000-new-jobs/#respond Mon, 23 Jun 2025 14:25:55 +0000 https://nairametrics.com/?p=517712 Hasetins Commodities Ltd has announced plans to establish a $400 million plant, which will be Africa’s largest rare earth and critical minerals processing facility, in Nasarawa State, targeting 10,000 new jobs.  

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]]> https://nairametrics.com/2025/06/23/hasetins-to-establish-400-million-rare-earth-plant-in-nasarawa-targets-10000-new-jobs/feed/ 0 517712 Chowdeck acquires Mira to gain competitive edge in Nigeria’s food delivery race https://nairametrics.com/2025/06/23/chowdeck-acquires-mira-to-gain-competitive-edge-in-nigerias-food-delivery-race/ https://nairametrics.com/2025/06/23/chowdeck-acquires-mira-to-gain-competitive-edge-in-nigerias-food-delivery-race/#respond Mon, 23 Jun 2025 12:48:29 +0000 https://nairametrics.com/?p=517700 On-demand delivery platform Chowdeck has announced the acquisition of Mira, a fast-growing provider of modern point-of-sale (PoS) solutions tailored to the food and hospitality industry.  

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]]> https://nairametrics.com/2025/06/23/chowdeck-acquires-mira-to-gain-competitive-edge-in-nigerias-food-delivery-race/feed/ 0 517700 Nigeria signs MoU with Chinese firm to deploy direct-to-device satellite connectivity   https://nairametrics.com/2025/06/19/nigeria-signs-mou-with-chinese-firm-to-deploy-direct-to-device-satellite-connectivity/ https://nairametrics.com/2025/06/19/nigeria-signs-mou-with-chinese-firm-to-deploy-direct-to-device-satellite-connectivity/#respond Thu, 19 Jun 2025 06:18:05 +0000 https://nairametrics.com/?p=517465 The National Space Research and Development Agency (NASRDA) has signed a Memorandum of Understanding (MoU) with Chinese satellite firm, Galaxy Space, to roll out Direct-to-Device (D2D) satellite communication connectivity across Nigeria. 

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]]> https://nairametrics.com/2025/06/19/nigeria-signs-mou-with-chinese-firm-to-deploy-direct-to-device-satellite-connectivity/feed/ 0 517465 NITDA signs agreement with Japanese consortium to build Abuja startup hub   https://nairametrics.com/2025/06/18/nitda-signs-agreement-with-japanese-consortium-to-build-abuja-startup-hub/ https://nairametrics.com/2025/06/18/nitda-signs-agreement-with-japanese-consortium-to-build-abuja-startup-hub/#respond Wed, 18 Jun 2025 22:04:03 +0000 https://nairametrics.com/?p=517455 The National Information Technology Development Agency (NITDA) has signed an agreement with a Japanese consortium for the implementation of the recently announced Abuja Startup Hub Project. 

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]]> https://nairametrics.com/2025/06/18/nitda-signs-agreement-with-japanese-consortium-to-build-abuja-startup-hub/feed/ 0 517455 Wilmar buys out PZ Cussons in $70M deal to fully own PZ Wilmar  https://nairametrics.com/2025/06/18/wilmar-buys-out-pz-cussons-in-70m-deal-to-fully-own-pz-wilmar/ https://nairametrics.com/2025/06/18/wilmar-buys-out-pz-cussons-in-70m-deal-to-fully-own-pz-wilmar/#respond Wed, 18 Jun 2025 08:29:57 +0000 https://nairametrics.com/?p=517405 PZ Cussons PLC and Wilmar International Limited (“Wilmar”) on Wednesday jointly announced that the two parties have agreed on definitive terms for Wilmar to purchase the 50% equity stake in PZ Wilmar Limited (“PZ Wilmar”) held by PZ Cussons plc, for cash consideration of $70  million.  

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]]> https://nairametrics.com/2025/06/18/wilmar-buys-out-pz-cussons-in-70m-deal-to-fully-own-pz-wilmar/feed/ 0 517405 Nigerian startup Salpha Energy secures $1.3 million funding from All On to expand solar operations  https://nairametrics.com/2025/06/12/nigerian-startup-salpha-energy-secures-1-3-million-funding-from-all-on-to-expand-solar-operations/ https://nairametrics.com/2025/06/12/nigerian-startup-salpha-energy-secures-1-3-million-funding-from-all-on-to-expand-solar-operations/#respond Thu, 12 Jun 2025 06:32:06 +0000 https://nairametrics.com/?p=517073 Nigerian clean energy startup Salpha Energy has received a $1.3 million investment from All On, a Shell-backed impact investor, to scale its solar operations and deepen clean energy access across underserved communities in Nigeria. 

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]]> https://nairametrics.com/2025/06/12/nigerian-startup-salpha-energy-secures-1-3-million-funding-from-all-on-to-expand-solar-operations/feed/ 0 517073 FG strengthens partnership with Impact Investors, confirms $50 million commitment WIIF https://nairametrics.com/2025/06/10/fg-strengthens-partnership-with-impact-investors-confirms-50-million-commitment-wiif/ https://nairametrics.com/2025/06/10/fg-strengthens-partnership-with-impact-investors-confirms-50-million-commitment-wiif/#respond Tue, 10 Jun 2025 20:00:53 +0000 https://nairametrics.com/?p=517008 The Federal Government has announced its renewed commitment to fostering sustainable economic growth through a $50 million investment in the Nigeria Wholesale Impact Investment Fund (WIIF), marking the first close of the fund at $100 million.  

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]]> https://nairametrics.com/2025/06/10/fg-strengthens-partnership-with-impact-investors-confirms-50-million-commitment-wiif/feed/ 0 517008 African startups raise $254 million in May as Egypt leads investment surge  https://nairametrics.com/2025/06/10/african-startups-raise-254-million-in-may-as-egypt-leads-investment-surge/ https://nairametrics.com/2025/06/10/african-startups-raise-254-million-in-may-as-egypt-leads-investment-surge/#respond Tue, 10 Jun 2025 08:39:34 +0000 https://nairametrics.com/?p=516953 Startups across Africa secured a total of $254 million in May 2025, marking a slight decline from April but a better performance compared to March. 

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]]> https://nairametrics.com/2025/06/10/african-startups-raise-254-million-in-may-as-egypt-leads-investment-surge/feed/ 0 516953 Mauritius investment firm to acquire 26% stake in Nigerian e-waste recycler Hinckley  https://nairametrics.com/2025/06/09/mauritius-investment-firm-to-acquire-26-stake-in-nigerian-e-waste-recycler-hinckley/ https://nairametrics.com/2025/06/09/mauritius-investment-firm-to-acquire-26-stake-in-nigerian-e-waste-recycler-hinckley/#respond Mon, 09 Jun 2025 13:35:24 +0000 https://nairametrics.com/?p=516932 uMunthu Investment Company II, a Mauritius-based private equity fund, is set to acquire a 26% stake in Hinckley Ewaste Recycling Limited, one of Nigeria’s leading electronic waste recyclers. The details of the deal were revealed in a notification submitted to the Federal Competition and Consumer Protection Commission (FCCPC). The investment, which will be executed via […]

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]]> https://nairametrics.com/2025/06/09/mauritius-investment-firm-to-acquire-26-stake-in-nigerian-e-waste-recycler-hinckley/feed/ 0 516932