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Phase3 Telecom champions unified digital ecosystem for Africa

Phase3 Telecom champions unified digital ecosystem for Africa

Phase3 Telecom, a leading digital infrastructure and technology provider in West Africa, has reaffirmed its commitment to advancing a unified, inclusive, and future-ready digital ecosystem across the continent. A statement from the firm stated...

EPRA DG Daniel Kiptoo appointed Vice Chair of global energy regulators body

EPRA DG Daniel Kiptoo appointed Vice Chair of global energy regulators body

Energy and Petroleum Regulatory Authority (EPRA) Director General Daniel Kiptoo Bargoria has been appointed as the Vice Chair of the International Confederation of Energy Regulators (ICER). Acknowledging his appointment, Kiptoo said the new role...

Epra boss picked for global energy body's post

Epra boss picked for global energy body's post

The Energy and Petroleum Regulatory Authority (Epra) Director General Danie Kiptoo has been appointed the vice chairman of the International Confederation of Energy Regulators (ICER). [Courtesy] The Energy and Petroleum Regulatory Authority (Epra)...

Europe Unleashes Long-Forgotten Ocean Energy Source as 200-Year-Old Legend Sparks a New Green Power Revolution

Europe Unleashes Long-Forgotten Ocean Energy Source as 200-Year-Old Legend Sparks a New Green Power Revolution

IN A NUTSHELL 🌊 Europe is at the forefront of turning the ocean’s thermal energy into a viable power source. 💡 The concept of ocean thermal energy conversion (OTEC) was first proposed in 1881 by French physicist Jacques-Arsène d’Arsonval. 🌍 OTEC...

Russia ambassador to Mauritius states fair trade is critical for Africa

Russia ambassador to Mauritius states fair trade is critical for Africa

(MENAFN) Fair trade is crucial to Africa’s development and long-term independence, according to Irada Zeynalova, Russia’s ambassador to Mauritius. In a recent interview with the local publication Bizweek, Zeynalova emphasized the importance of...

Oliver leads Stallions’ 14-man team to Mauritius

Oliver leads Stallions’ 14-man team to Mauritius

Team Captain, Kitto Oliver, will lead Nigeria’s 14-man squad to the Mauritius 2025 Africa Men’s Rugby Sevens Tournament billed to be held between June 21 and 22, at the Labourdonnais Sports Club. Other members of the squad announced by the Nigeria...

Diageo completes sale of Seychelles Breweries majority stake

Diageo completes sale of Seychelles Breweries majority stake

Diageo has sold the majority of its shares in Seychelles Breweries to IBL Group subsidiary Phoenix Beverages for US$80 million. Diageo first revealed plans to sell its 54.4% shareholding in Seychelles Breweries to Mauritius-based Phoenix Beverages...

Vedanta shares in focus today; here's why

Vedanta shares in focus today; here's why

Shares of Vedanta Ltd were in focus on Thursday morning ahead of the Anil Agarwal-led company's 60th annual general meeting (AGM) today. The stock was also in news after the metals & mining major informed stock exchanges about the release of...

Seychelles and RISE Advance Sustainable Ports for Small Island States

Seychelles and RISE Advance Sustainable Ports for Small Island States

[By Mikael Lind, Rajelle Barbe, Sandra Haraldson, Wolfgang Lehmacher, Daniel Adam, David Bianchi, Chrystold Chetty, Sony Payet, Phillippa Samson, and Lennart Swenson] On 6 May 2025, the Seychelles Port Authority (SPA) and Sweden’s RISE have signed...

Zee fundraising fails as shareholders block founding family from raising stake

Zee fundraising fails as shareholders block founding family from raising stake

Zee Entertainment Enterprises on Thursday failed to secure the required shareholder votes to raise funds by issuing warrants, blocking plans by the founding Goenka family to increase their stake in the broadcaster. The setback comes after the...

Rivals speed ahead as Tata Motors lags in EV race

Rivals speed ahead as Tata Motors lags in EV race

This article was originally published in Rest of World, which covers technology’s impact outside the West. Until recently, Tata Motors had a dream run in India’s electric-vehicle market. The first homegrown automaker to successfully launch an EV...

UPL subsidiary acquires Wuhan Advanta Seeds to expand presence in China

UPL subsidiary acquires Wuhan Advanta Seeds to expand presence in China

UPL Ltd. announced today that its step-down subsidiary, Advanta Seeds International Mauritius, has entered into an agreement to acquire 100% equity in Wuhan Advanta Seeds Company Limited (Advanta China). The acquisition, valued at USD 4,200, marks...

TCS, DMart, Apollo Tyres, Zensar among stocks in focus on Friday

TCS, DMart, Apollo Tyres, Zensar among stocks in focus on Friday

Benchmark equity indices settled lower on Thursday. The 30-share BSE Sensex pack fell 345.80 points or 0.41 per cent to close at 83,190.28, while the broader NSE Nifty index dropped 120.85 points or 0.47 per cent to settle at 25,355.25. Here are a...

Diageo completes sale of majority stake in Seychelles Breweries

Diageo completes sale of majority stake in Seychelles Breweries

Credit: Unsplash 09 July, 2025 Diageo has completed the sale of its 54.4% shareholding in Seychelles Breweries to Phoenix Beverages Limited, a subsidiary of Mauritius-based IBL Group. Seychelles Breweries will continue the production and...

TCS Q1 beats expectations; VC-funded Probo under ED lens

TCS Q1 beats expectations; VC-funded Probo under ED lens

TCS reported a 6% growth in net profit for the June quarter, while revenue rose 1.3%. This and more in today’s ETtech Top 5. Also in the letter: ■ Ecomms eye beyond metros ■ ETtech Done Deals ■ Yaccarino X-its the building TCS flexes profits,...

Swiss PE firm Partners Group to acquire majority stake in Infinity Fincorp for $230 mn, outbids Advent and Creador

Swiss PE firm Partners Group to acquire majority stake in Infinity Fincorp for $230 mn, outbids Advent and Creador

Swiss private equity firm Partners Group is set to acquire a majority stake in shadow lender Infinity Fincorp for ₹1,950 crore ($230 million), the companies said on Thursday. The transaction includes a primary capital infusion of ₹600 crore ($70...

Emirates search data reveals top 2025 summer getaways

Flight searches for summer travel have climbed 7% compared to last year, with France leading the charge, experiencing a remarkable 35% increase in outbound travel searches, followed by Ireland, Canada and Saudi Arabia. Germany and the United Arab...

Partners Group to acquire majority stake in Infinity Fincorp for Rs 1,950 crore

Partners Group to acquire majority stake in Infinity Fincorp for Rs 1,950 crore

Swiss private equity firm Partners Group will acquire a majority stake in Infinity Fincorp Solutions, a Mumbai-based non-bank lender focused on MSMEs, through an investment of Rs 1,950 crore (around $230 million), the companies said on Wednesday....

Luxury living and multi-million-rand views

Luxury living and multi-million-rand views

[PARTNER CONTENT] BBC Lifestyle is enhancing its South African programming with an exciting new addition to its local line-up. Following the success of Listing Jozi, Listing Cape Town and Listing Mauritius, the hit luxury reality property...

Mahadev Betting App Scandal: Unmasking India’s Dark Online Betting Racket

Mahadev Betting App Scandal: Unmasking India’s Dark Online Betting Racket

In a stunning expose, investigators have recently peeled back the layers of the so-called Mahadev betting app in a wedding ceremony in Jaipur, again highlighting not just an illegal gambling platform, but a vast, multi-crore money-laundering and...

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