Tag: Naspers
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South Africa’s Naspers Denies Rumors It Plans to Dump Tencent Shares
South African tech investment firm Naspers denied rumors that it is in talks with the Chinese state-owned investment company CITIC to sell its $70 billion stake in the Chinese tech behemoth Tencent. The Cape Town-based company issued a statement ...
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Week in Review: Chinese Hostages Freed in Nigeria & China Cuts Oil Buys From African Suppliers
Chinese defense contractors are making further inroads into the Angolan market. The state-owned China National Aero-Technology Import & Export Corporation (CATIC) signed an $85 million deal to provide the Angolan defense sector with a “supply of equipment, military means and assistance services.” CATIC is already a big player ...
Naspers Stock Rises on White House Assurances That Proposed WeChat Ban Won’t be as Broad as Previously Feared
Investors in Africa's most valuable public company, Naspers, breathed a sigh of relief on Monday after hearing that any White House measures against WeChat and its parent company Tencent won't be as broad as initially feared. A Naspers subsidiary is Tencent's ...
Africa’s Largest Publicly Traded Company Now Squarely in the U.S.-China Crossfire
The stock price of Africa's largest and most valuable publicly traded company has been on a roller coaster ride since U.S. President Donald Trump announced plans to ban Tencent-owned WeChat from U.S. app stores. Naspers, through one of its subsidiaries, is ...
The electric bus that the School of Nations in Kenya acquired from BasiGo. The refurbished bus is an indicator of the potential of the second-hand vehicle market for EVs. Photo / BasiGo
This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service. Different forms of electric vehicle (EV) technology innovations are occurring in different African countries. As newer technology arrives, there is a small shift in ...
South Africa’s Naspers Denies Rumors It Plans to Dump Tencent Shares
South African tech investment firm Naspers denied rumors that it is in talks with the Chinese state-owned investment company CITIC to sell its $70 billion stake in the Chinese tech behemoth Tencent. The Cape Town-based company issued a statement ...
Week in Review: Chinese Hostages Freed in Nigeria & China Cuts Oil Buys From African Suppliers
Chinese defense contractors are making further inroads into the Angolan market. The state-owned China National Aero-Technology Import & Export Corporation (CATIC) signed an $85 million deal to provide the Angolan defense sector with a “supply of equipment, military means and assistance services.” CATIC is already a big player ...
Naspers Stock Rises on White House Assurances That Proposed WeChat Ban Won’t be as Broad as Previously Feared
Investors in Africa's most valuable public company, Naspers, breathed a sigh of relief on Monday after hearing that any White House measures against WeChat and its parent company Tencent won't be as broad as initially feared. A Naspers subsidiary is Tencent's ...
Africa’s Largest Publicly Traded Company Now Squarely in the U.S.-China Crossfire
The stock price of Africa's largest and most valuable publicly traded company has been on a roller coaster ride since U.S. President Donald Trump announced plans to ban Tencent-owned WeChat from U.S. app stores. Naspers, through one of its subsidiaries, is ...