Mozambican President Daniel Chapo visits equipment manufacturer SANY Group in Changsha, Central China’s Hunan Province, during his trip to China. Photo: X account of President Daniel Chapo
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The move forms part of a broader strategy to create new opportunities for Indonesian agricultural, food and processed goods in emerging markets
PalmPay, one of Africa’s fastest-growing digital payments companies, is considering a listing in Hong Kong after reaching a valuation of more than $1 billion, positioning the company to become one of the continent’s few fintech unicorns to test public markets following the slowdown in global startup funding.
Africa’s renewable energy market is attracting growing interest from investors eager to finance solar projects, but the difficulty of verifying projects and monitoring them after they are built, continues to slow the sector’s growth.
Market snapshot: Indoco Remedies is refocusing its international operations and strengthening its balance sheet through a structured debt-repayment plan. The company aims to introduce its oral solid drugs in Europe by Q4, utilizing integrated R&D and API capabilities. Concurrently, the pharmaceutical player has outlined a clear path to reduce its leverage by repaying ₹260 cr…
Indus Towers plans to launch its African telecom infrastructure operations by September, following regulatory approvals in Namibia, Zambia, and Uganda. The company has secured an anchor tenant to lower entry risks and plans to fund initial capital spending through debt. Investors may monitor how this new venture balances against the company’s steady domestic growth and…