Moscow News

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

South Africa's Naspers returns to bond market to fund emerging markets internet acquisitions

Naspers Ltd. sold bonds for the first time in almost two years to fund emerging-market Internet acquisitions, a strategy that’s transformed the media group into Africa’s biggest publicly traded company by market value.

Luanda, Angola’s capital city. Angola is rich in national resources, particularly oil and gas.

Angola's capital Luanda remains 'most expensive city' for expats in Mercer's 2015 Cost of Living ranking

The Angolan capital, Luanda, remains the world’s most expensive city for expatriates, according to an annual survey by consultancy Mercer.

Nigeria is in talks with Russia's Rosatom for nuclear power plants

Nigeria is in talks with Russia's Rosatom for nuclear power plants

Nigeria is in talks with Russia’s Rosatom Corp. to build as many as four nuclear power plants costing about $20 billion as Africa’s biggest economy seeks to boost generation and end daily blackouts.

Fernando de Sousa, General Manager Africa Initiatives at Microsoft and HumanIPO's Paul Adepojuat DEMO 2014

Microsoft and 88mph announce partnership to support startups in Nigeria

Technology company Microsoft today announced a partnership with seed fund and accelerator 88mph to expand Microsoft Ventures program into Nigeria.

Twins Kessie and Eku Edewor

The Nigerians have arrived ... and London is paying attention

Richard Vedelago is 29 years old and worth more millions than he’s prepared to tell. ‘Money talks, but wealth whispers,’ he says with a smile, sitting back in the bar at Claridge’s – his idea – and lazily sipping an elderflower juice.

Nuclear Power Plant

South Africa and France in talks to sign nuclear pact

South Africa, which plans a multi-billion dollar nuclear energy build, will sign a nuclear cooperation agreement with France, the government said Friday.

Renaissance Capital

Yvonne Ike, RenCap's West Africa CEO, quits for Bank of America

Yvonne Ike, chief executive officer of Renaissance Capital’s West African operations, has quit to join Bank of America (BAC:US) Corp. after almost three years with the brokerage owned by Russian billionaire Mikhail Prokhorov.