French artificial-intelligence company Mistral has raised €3 billion at a valuation of approximately €21 billion, or $24 billion, weeks after signing an agreement to explore the use of its technology in Côte d’Ivoire.
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Northam Platinum has opened a competitive deal process after an unnamed rival approached the South African mining company about a possible asset or corporate transaction.
Moove, the Lagos-founded mobility company positioning itself as an operating platform for autonomous transportation, has raised $250 million in a Series C funding round that values the business at $2.1 billion.
Africa’s richest man, Aliko Dangote, says his organization is getting closer to breaking ground on the planned oil refinery in Kenya, indicating that the long-awaited project might soon move from planning to building.
Africa’s largest stock exchange is positioning itself to host a secondary listing of Dangote Petroleum Refinery, as interest grows across the continent ahead of what could become one of Africa’s biggest initial public offerings.
