Nigerian fintech firm Moniepoint Inc. said on Tuesday it had raised more than $200 million in a funding round led by Development Partners International, as it seeks to expand its digital financial services across Africa and beyond.||Nigerian fintech firm Moniepoint Inc. said on Tuesday it had raised more than $200 million in a funding round led by Development Partners International, as it seeks to expand its digital financial services across Africa and beyond.

Coca-Cola HBC AG has announced the acquisition of a 75% stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company (TCCC) and Gutsche Family Investments (GFI) for a total of $2.6 billion, valuing CCBA at $3.4 billion. ||Coca-Cola HBC AG has announced the acquisition of a 75% stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company (TCCC) and Gutsche Family Investments (GFI) for a total of $2.6 billion, valuing CCBA at $3.4 billion.

South Africa’s (SA) State-owned freight and logistics company Transnet plans to invest $7.3 billion over five years in modernising rail lines and upgrading ports, its Chief Executive Michelle Phillips said on Tuesday.||South Africa’s (SA) State-owned freight and logistics company Transnet plans to invest $7.3 billion over five years in modernising rail lines and upgrading ports, its Chief Executive Michelle Phillips said on Tuesday.

South Africa’s (SA) automotive industry takes a major step towards a greener future this week, as the inaugural New Energy Vehicles (NEV) Summit begins in Midrand, Johannesburg. ||South Africa’s (SA) automotive industry takes a major step towards a greener future this week, as the inaugural New Energy Vehicles (NEV) Summit begins in Midrand, Johannesburg.

The International Monetary Fund (IMF) has warned that the global economy is heading into a period of slower growth and heightened uncertainty. ||The International Monetary Fund (IMF) has warned that the global economy is heading into a period of slower growth and heightened uncertainty.