@Paga announced investment in Ethiopian-based software development firm, Apposit for an undisclosed amount. The deal gave Paga full access to the expertise of Apposit’s engineers and technicians.
This is our summary of some of the notable Corporate Deals that affected Nigerian companies in 2020.
The thread starts here...
@Paga announced investment in Ethiopian-based software development firm, Apposit for an undisclosed amount. The deal gave Paga full access to the expertise of Apposit’s engineers and technicians.
@AccessBank acquired Kenyan Based TNB for an undisclosed amount.
@LeapFrog III Insurance acquired 38.8% major equity stake in AIICO Insurance for N5.28bn. This was a move to boost the capital base of AIICO Insurance.
@Farmcrowdy acquired a majority stake in Best Foods for an undisclosed amount in its bid to explore the meat business.
@FieldIntelligence secured $3.6m in a Series A funding round led by Blue Haven Initiative, Sunu Capital, Accion Venture Lab and Imperial Venture Fund.
@UnitedCapital successfully raised a sum of N5.3bn in a Series 1 and 2 CP Issuance.
@DangoteCement also completed the Issuance of N100bn Series 1 Fixed Rate Senior Unsecured Bonds due in April 2025.
@ChipperCash secured $13.8m Series A funding from Deciens Capital, a US-based venture capital and private equity firm.
Energicity Corp closed a $3.25m seed investment led by Sustainability-focused venture capital fund and Ecosystem Integrity Fund.
Nigerian based e-commerce platform @TradeDepot raised $10m in a preSeries B equity round, led by Partech, IFC, We-Fi, and MSA Capital.
Nigeria’s JET Motor Company raised $9m funding after creating an electric vehicle.
Dangote Cement listed its N50bn Commercial Paper Notes in Series 17 & 18 under its N150bn CP Programme
Inq, a subsidiary of Convergence partners acquired 100% stakes of Vodacom operations in Nigeria, Côte d’Ivoire, and Zambia.
Heineken Brouwerijen B.V purchased additional 3.3m units of Nigerian Breweries shares.
Global fintech giant Stripe acquired Nigeria’s fintech startup, @Paystack in a deal worth $200m and the biggest M&A deal in Nigerian tech history.
@Kuda raised $10m funding led by Target Global alongside Entrée Capital and SBI Investment.
December 2020
@InfraCo Africa completed a $27m equity investment in Nigeria’s InfraCredit with the aim of growing the credit institution.
More from Economy
One of the hardest problems post-pandemic will be how to revive so-called "left behind" places.
Post-industrial towns, run-down suburbs, coastal communities - these places were already struggling before the crisis and have fared worst in the last year.
What should we do?
Today, @ukonward sets out the beginning of a plan to repair our social fabric. It follows our extensive research over the last year, expertly chaired by @jamesosh, and funded by @jrf_uk, @Shelter and @peoplesbiz.
https://t.co/d3T5uPwG9N
Before I get into recommendations, some findings from previous Onward research.
In 2018, we found 71% of people believe "community has declined in my lifetime"
In 2019, we found 65% would rather live in “a society that focuses on giving people more security” vs 35% for freedom
This was the basis for our identification of 'Workington Man' as the archetypal swing voter in 2019, and led us to predict (correctly) that large numbers of Red Wall seats could fall. A key driver was a desire for security, belonging and pride in place.
There is also a key regional dimension to this. We also tested people's affinity with the UK's direction of travel, across both cultural and economic dimensions - revealing the extraordinary spread below: London vs. the Rest.
https://t.co/HrorW4xaLp
Post-industrial towns, run-down suburbs, coastal communities - these places were already struggling before the crisis and have fared worst in the last year.
What should we do?
Today, @ukonward sets out the beginning of a plan to repair our social fabric. It follows our extensive research over the last year, expertly chaired by @jamesosh, and funded by @jrf_uk, @Shelter and @peoplesbiz.
https://t.co/d3T5uPwG9N
Before I get into recommendations, some findings from previous Onward research.
In 2018, we found 71% of people believe "community has declined in my lifetime"
In 2019, we found 65% would rather live in “a society that focuses on giving people more security” vs 35% for freedom
This was the basis for our identification of 'Workington Man' as the archetypal swing voter in 2019, and led us to predict (correctly) that large numbers of Red Wall seats could fall. A key driver was a desire for security, belonging and pride in place.
There is also a key regional dimension to this. We also tested people's affinity with the UK's direction of travel, across both cultural and economic dimensions - revealing the extraordinary spread below: London vs. the Rest.
https://t.co/HrorW4xaLp
Priyamvada Gopal is part of a class of elite academics in the imperial core who teach the ruling class, and use woke radlib rhetoric to justify current Western imperial aggression.
She echoes propaganda against Syria, Iran, and China and is silent about Venezuela, Nicaragua, etc
Anti-anti-imperialist Cambridge University Professor @PriyamvadaGopal smears opponents of the Western neocolonial war on Syria as "Assadists"
Would she ever call liberal imperialist Obama a "blood-soaked cretin"? He has exponentially more blood on
The CIA spent over a billion dollars per year arming and training "rebels" who massacred and ethnically cleansed Syrian civilians, especially religious minorities.
But anti-anti-imperialist @PriyamvadaGopal insists these CIA-backed contras are
This was elite anti-anti-imperialist Cambridge University gatekeeper @PriyamvadaGopal's response right after colonial powers the US, UK, and France bombed Syria in April 2018 on bogus lies that have since been
Of course anti-anti-imperialist Cambridge Professor @PriyamvadaGopal's is also a supporter of the neoliberal imperialist European Union -- one of the key institutions of European necolonialism
She echoes propaganda against Syria, Iran, and China and is silent about Venezuela, Nicaragua, etc
Far too much of the 'left' is into a joke version of "anti-imperialism" which denies state atrocities in the global south.
— Priyamvada Gopal (@PriyamvadaGopal) January 14, 2021
Anti-anti-imperialist Cambridge University Professor @PriyamvadaGopal smears opponents of the Western neocolonial war on Syria as "Assadists"
Would she ever call liberal imperialist Obama a "blood-soaked cretin"? He has exponentially more blood on
Let us be in no doubt: there is nothing anti-imperialist about supporting a blood-soaked cretin like Assad. https://t.co/nuzJE6xUy5?
— Priyamvada Gopal (@PriyamvadaGopal) February 21, 2018
The CIA spent over a billion dollars per year arming and training "rebels" who massacred and ethnically cleansed Syrian civilians, especially religious minorities.
But anti-anti-imperialist @PriyamvadaGopal insists these CIA-backed contras are
Deeming non-ISIS Syrian resistance CIA stooges: embarrassing, insulting and patronising
— Priyamvada Gopal (@PriyamvadaGopal) November 29, 2015
This was elite anti-anti-imperialist Cambridge University gatekeeper @PriyamvadaGopal's response right after colonial powers the US, UK, and France bombed Syria in April 2018 on bogus lies that have since been
Am truly glad that a lot of people are 'holding Syria in their thoughts' since last night. Was there a reason they weren't being 'held in your thoughts' since 2011 when Assad crushed a popular uprising and kept bombing his own people with Russian assistance?
— Priyamvada Gopal (@PriyamvadaGopal) April 14, 2018
Of course anti-anti-imperialist Cambridge Professor @PriyamvadaGopal's is also a supporter of the neoliberal imperialist European Union -- one of the key institutions of European necolonialism
Worth your realising that over this, over Syria, over Brexit, you are swiftly losing enthusiastic support we once offered you
— Priyamvada Gopal (@PriyamvadaGopal) November 9, 2016
