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Day: August 17, 2025
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Mercedes-Benz to Expand in West Africa with New Truck Assembly Facility in Senegal
Mercedes‑Benz, through its Daimler Truck division, has committed to building a truck assembly plant in Senegal.
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Morocco’s Hypeo Ai Gets Backing from Renew Capital to Streamline Influencer Marketing
Hypeo Ai, a Moroccan startup offering an AI-powered platform for influencer marketing, has secured funding from Renew Capital to speed up and simplify brand-creator collaborations across Africa and the Middle East.
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Nedbank Acquires South African Fintech iKhokha in $94 million Deal to Support SMEs
Nedbank Group has struck a binding agreement to purchase iKhokha, a prominent South African fintech provider, for approximately R1.65 billion (about US$94 million) in an all-cash transaction.