Author: PageOne

LafargeHolcim to close Paris, Zurich offices
Big Business

LafargeHolcim to close Paris, Zurich offices

LafargeHolcim said it will close corporate offices in Paris and Zurich, eliminating 200 jobs as part of a cost-cutting drive. The cement maker confirmed in a statement that the move is consistent with its Strategy 2022 to further simplify its corporate organization. As a consequence of these additional measures around […]

Lidya raises USD6.9 million in a Series A Round
Startups

Lidya raises USD6.9 million in a Series A Round

Lidya, the digital financial services platform focused on improving access to credit for micro-, small-, and medium-sized enterprises (MSMEs) in Africa, confirmed that it has raised USD6.9 million in a Series A investment round. The funding was led by Omidyar Network, the Silicon Valley impact investment firm established by Pierre […]

Publiseer posts $10K as first profit
Startups

Publiseer posts $10K as first profit

Nigeria’s digital content publisher, Publiseer has reported its first profit. The startup said in a statement it made a first-quarter profit of $10,877.58. The company said it has launched its ‘Premium Distribution Service’ that will distribute books and songs for an upfront fee, allowing its authors and musical artists to […]

Shell discovers oil in Gulf of Mexico
Energy Global

Shell discovers oil in Gulf of Mexico

Shell has announced a large, deep-water, exploration discovery in the U.S. Gulf of Mexico with its Dover well (100% Shell). The company said the Dover discovery is Shell’s 6th in the Norphlet play and has encountered more than 800 net feet of pay (244 meters). The discovery is located approximately […]