CinCor Pharma raises $143 million in Series B Financing

LONDON, UK: RTW Venture Fund Limited notes the announcement by CinCor Pharma Inc. on 12 October 2021 of its completion of a US$143 million Series B financing round. The Company,…

NNR October 13, 2021

Wire

Airtel Africa appoints Tsega Gebreyes new non-executive director

Ms Gebreyes is the founding partner of Satya Capital Ltd., a private investment firm specialising in Africa-related investments. LAGOS, NIGERIA: Airtel Africa Plc announced the appointment of Tsega Gebreyes as…

NNR October 13, 2021

Wire

IBM Board approves separating Kyndryl

ARMONK, N.Y.: IBM announced that its board of directors has approved the previously announced separation of Kyndryl, the company’s managed infrastructure services business. To effect the separation the IBM board…

NNR October 12, 2021

Wire

Kingmaker Footwear resumes production at Vietnam factory

HONG KONG: Kingmaker Footwear Holdings Limited has resumed production at the group’s factory in Binh Duong Province, Vietnam. Kingmaker Footwear had earlier notified temporary production halt at the factory after the report…

NNR October 12, 2021

Wire

valU wins “Fintech Company of the Year” at Entrepreneur Middle East’s Tech Innovation Awards 2021

CAIRO, EGYPT: valU, Egypt’s leading buy-now pay-later fintech platform, announced that it was recognized as the “Fintech Company of the Year” at the Tech Innovation Awards 2021, hosted by Entrepreneur…

NNR October 11, 2021

Wire

AppLovin to acquire Twitter’s MoPub business for $1.0bn

PALO ALTO: AppLovin Corporation, a leading marketing software company, has entered into a definitive agreement to acquire Twitter Inc.’s MoPub business for approximately $1 billion. The closing of the transaction…

NNR October 7, 2021

Wire

Huawei appoints Steven Yi regional president for Middle East

DUBAI, UAE: Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, has announced the appointment of Steven Yi as President for the Middle East at…

NNR October 4, 2021

Wire

UK’s CDC backs Fatima Gobi Ventures’ Pakistan-focused fund

KARACHI: CDC Group (CDC), the UK’s development finance institution and impact investor, has made an anchor investment in Techxila Fund I, a fund managed by local venture capital (VC) firm…

NNR October 1, 2021

Wire

MISSO Wealth Management to join Focus Partner Firm Connectus Wealth Advisers

NEW YORK: Focus Financial Partners Inc. , a leading partnership of fiduciary wealth management firms, entered into a definitive agreement under which MISSO Wealth Management (MISSO), a boutique wealth management firm headquartered in Brisbane,…

NNR October 1, 2021

Wire

Sony buys videogame-remake studio Bluepoint

AUSTIN, TEXAS: Sony Group is acquiring Bluepoint Games, a studio best known for remaking classic PlayStation videogames. Terms of the acquisition were not announced. In recent years, Bluepoint won acclaim…

NNR October 1, 2021

Wire

West Monroe acquires Verys

CHICAGO: West Monroe, a digital consulting firm, acquired Verys, a Santa Ana, California-based product engineering services firm. The acquisition comes on the heels of the firm’s announcement last week that…

NNR September 24, 2021