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% acquisition paid for in cash and shares. The company will be called MFS Africa but Beyonic’s core […]
French media company Canal+ Group has completed the acquisition of ROK Studios, a Nollywood studio company that has produced over 550 movies and TV series as it attempts to gain a stronger foothold in French-speaking African countries.
The web-based platform was conceived by the trio of investors: Sean Obedih, Nick Engelking and Ade Oduntayo and aims to provide an online marketplace where anybody who wants to acquire or sell a company can do so across border, real-time and anonymously — at least for the most part.