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13.12.25 - 15:18
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Ten finalists of 32,000 contestants vie to be Africa′s Business Heroes in start-up bonanza (SCMP)
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A record 32,000 entrepreneurs took part in the 2025 African Business Heroes summit in Rwanda on Saturday, in the seventh annual edition of the largest event for start-ups of its kind on the continent.
The event, organised by the Jack Ma Foundation since 2018 and sponsored by Alibaba Philanthropy, aimed to recognise 100 outstanding entrepreneurs over the course of 10 years. Applications came from across 54 African nations, while the finalists were selected from applicants from Cameroon, Egypt,......
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24.11.25 - 12:06
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Alibaba′s Cainiao expands service in Africa as demand for China goods surges (SCMP)
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Alibaba Group Holding's logistics arm, Cainiao, has expanded its small-parcel delivery service to eight African countries – including Morocco, Ghana and Nigeria – as it races to give Chinese e-commerce merchants a cheaper, more reliable way to reach the fast-growing continent.
The company planned to extend the service to South Africa and Egypt by the end of December, Cainiao said in a statement over the weekend. Alibaba owns the South China Morning Post.
Cainiao said underdeveloped logistics......
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12.11.25 - 11:06
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Houlihan Lokey Continues to Strengthen European Financial Sponsors Coverage Team With Senior U.K. Hire (Business Wire)
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Neil Price Joins as a Managing Director in the Financial Sponsors GroupLONDON--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Neil Price has joined the firm as a Managing Director in its Financial Sponsors Group, based in London.
Mr. Price will work closely with senior U.K. coverage colleagues, James Mitchell and Paul Rablen, to further expand client relationships in the U.K. market, as well as with the broader Financial Sponsors Group, to grow the overall sponsor business across Europe. His appointment follows the recent addition of Martin Rezaie as a Managing Director in Germany, reflecting Houlihan Lokey's continued growth and leadership in advising financial sponsors.
Mr. Price joins Houlihan Lokey following his successful tenure at Mayfair Equity Partners. As Head of Originations at Mayfair, he led the new business drive, held nonexecutive board positions, and oversaw financing activities across the portfolio. Prior to joining Mayfair, Mr. Price sp...
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