Global

This Is How Alphabet Beat Q2 Estimates
Global

This Is How Alphabet Beat Q2 Estimates

Alphabet Inc., the parent company of Google today announced financial results for the quarter ended June 30, 2016, the company beat analysts estimates Headline revenue  increased from USD17,653 billion same quater last year USD21,315 billion this year. Google, its most profitable segment saw its revenue increasing from USD5,608 billion last […]

How Global Capital Is Fuelling African Property Markets
Global

How Global Capital Is Fuelling African Property Markets

Despite Africa’s economic slowdown, property developers and private equity funds continue to pour investment into African property market, but with more focused strategies. This is based on insight by African Property Investment Summit. “Over $1,2 billion has been raised and allocated to real estate investment in Africa over the past year and […]

Rocket Internet’s GFG Raises EUR330 Million
Global

Rocket Internet’s GFG Raises EUR330 Million

Global Fashion Group, GFG, one of Rocket Internet’s composite eCommerce group focusing on fashion has announced that another round of EUR330 million was raised from existing investors. In a release by Rocket Internet, the company said the itself invested EUR68 million to keep its stake in GFG at 20.4%. The […]

AfroCan Clarifies Its Involvement In Botched Deal With Vantage Goldfields
Global

AfroCan Clarifies Its Involvement In Botched Deal With Vantage Goldfields

AfroCan Resources Gold Ltd has responded to recent media reports regarding its involvement in the Vantage Goldfields Ltd transaction. With a single statement “AfroCan denies much of the positioning …. and notes that certain statements are mere spurious allegations.  AfroCan has issued a formal communication to Vantage Goldfields Limited the Australian holding […]

Calm Returns To Turkey As Coup Fails
Global

Calm Returns To Turkey As Coup Fails

Turkey’s government has finally regained control of the country after a splinter group in the military tried to carryout a coup to takeover the government. Based on reports from Reuters, Forces loyal to Turkey’s government fought on Saturday to crush the last remnants of a military coup attempt which collapsed after […]