Aliko Dangote said a private placement of shares in his oil refinery in Nigeria attracted as much as $2 billion of investor demand before a proposed initial public offering by @osaeB and @LoniPrinsloo1 https://t.co/FGjifvt2AH
African e-mobility startup Spiro, which owns 100K+ electric bikes, raised $215M at a near-$1B valuation, after raising $100M in 2025 and $50M debt in 2026 (@loniprinsloo1 / Bloomberg)
(Visit Techmeme dot com for the link and full context!)
Microsoft is pushing for more Africans to adopt its AI tools as it competes with DeepSeek: training 3M people, partnering with telecom MTN to sell 365, and more (@loniprinsloo1 / Bloomberg)
https://t.co/8zH123afQG
https://t.co/27nvJ6g6LA
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Prosus agrees to a multiyear AWS cloud and AI deal that runs into "hundreds of millions of dollars", as it seeks to expand in Europe, India, and Latin America (@loniprinsloo1 / Bloomberg)
https://t.co/rokQkBNP1p
https://t.co/HVC3J1wRNj
📥 Send tips! https://t.co/wlNZvXtJTU
Dangote, owned by Africa’s richest man, appointed MTN CEO Ralph Mupita to the board of its fertilizer business as it prepares to expand and list the operation in Nigeria. https://t.co/rJPJfnfQ48
Iranian authorities ousted the CEO of Irancell, accusing him of taking too long to comply with a shutdown order designed to quell protests. They failed to tell MTN Group, which co-owns Irancell and is now disputing the decision.
@LoniPrinsloo1 reports
https://t.co/C8kYd2bTZe
Great scoop by @LoniPrinsloo1
Iranian authorities fired the CEO of mobile operator MTN Irancell without informing MTN Group Ltd. (the South African company that co-owns the mobile network) accusing him of taking too long to comply with shutdown orders
https://t.co/Ggc6lnJAKD
"Elon Musk's SpaceX is now offering free Starlink satellite service in Iran amid deadly protests and a days-long internet blackout," @LoniPrinsloo1 reports
https://t.co/Ar9bQVCofP
A deep dive into DeepSeek's surge in Africa & Chinese AI's inroads into a continent that could become key to more users, more human-generated data & loads of soft power @business@LoniPrinsloo1@HelenNyambura
(gift link: free to read until Oct 30)
https://t.co/5hvnphlADV
#AI
Bloomberg exclusive, packed with scoops on dealings between the Middle East's biggest economy, and Africa's largest economy South Africa, read more here: https://t.co/DBShZ7ymLo
Big colorful feature piece here, exclusive from Bloomberg on Formula One and thr different people trying to get the race to Africa - the only populated continent where there is no F1 motorrace currently : https://t.co/EolueSAu7Q
A South African DFI is considering taking a majority stake in the local unit of ArcelorMittal SA as it tries to halt the planned closure of two steel mills crucial to the nation’s manufacturing sector @LoniPrinsloo1@NtandoThukwana
https://t.co/weNCvZBfgQ via @business
South Africa is nearing a deal to provide funding to ArcelorMittal's local unit and keep the steel mills open, which are crucial for the nation’s economy https://t.co/qcJ56BA69C
Rainbow Chicken, a poultry firm backed by South African billionaire Johann Rupert, rose on its debut on the Johannesburg stock exchange https://t.co/zuyswSOCHL
African Infrastructure Investment Managers. is in talks with companies including BlackRock to sell a stake in one of the continent’s biggest renewable energy businesses. https://t.co/InC48khoSs
Investor demand at South Africa’s weekly government bond sale rose, signaling improved sentiment after political parties in the country agreed to form a governing alliance. https://t.co/cDwC3GVuDL