Tag: Naspers

Prosus
BusinessHot News

Prosus, Amazon strike AI, cloud deal to cut costs by double digits      

Prosus signs a multi-year AWS cloud and AI deal, aiming for double-digit cost savings across its global portfolio.

Timilehin Adejumobi Timilehin Adejumobi
Africa’s $10 billion club
BusinessExclusive

Africa’s $10 billion club

Africa’s $10 billion club highlights banking, mining, telecom, and tech giants shaping global investment trends.

Feyisayo Ajayi Feyisayo Ajayi
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
TechnologyHot News

Africa’s $50 billion giant is banking on India to create a $100 billion tech company

Naspers eyes India’s booming tech scene, betting $10 billion via Prosus to replicate its Tencent success and spark the next $100 billion startup.

Omokolade Ajayi Omokolade Ajayi
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
TechnologyHot News

Naspers, Africa’s most valuable company, hits $44.3 billion market cap

The global consumer internet giant has added $4.76 billion in value since the start of the year, driven by renewed investor confidence and key global developments.

Omokolade Ajayi Omokolade Ajayi
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
TechnologyBusinessHot News

U.S. blacklist of China’s gaming giant wipes out $3.8 billion from Africa’s most valuable company

This decline reflects a ripple effect from Tencent’s own struggles, with the Chinese tech giant’s shares falling over 6 percent since the start of the year.

Omokolade Ajayi Omokolade Ajayi
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
BusinessHot NewsTechnology

Naspers tops $40 billion market cap, holds position as Africa’s most valuable firm

Naspers’ market cap has now surpassed the $40 billion mark, reflecting its resilient performance despite global economic challenges.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Africa’s 20 most valuable companies in September 2024

At a Glance South Africa dominates Africa’s top companies list, reflecting its economic and industrial strength on the continent. Naspers Limited leads as Africa’s most valuable company with a $36.2 billion market cap, showcasing global tech prowess. Of 20 top companies, 17 are South African, while Morocco, with a 3.4% GDP growth, highlights its rising economic influence. A glance at…

Omokolade Ajayi Omokolade Ajayi