Commonwealth News
Pakistani startup Tazah raises additional $4.5m to close pre-seed round at $6.5m
Tazah, a B2B agriculture marketplace in Pakistan, raises an additional $4.5 million in a pre-seed round after last raising $2m in October. The startup which is based in Lahore and has already expanded operations into Karachi plans to expand in another city. Tazah, in...
Insurers Sanlam and Allianz exploring options for Africa operations
Sanlam Ltd, South Africa's No.1 insurer, will be exploring "strategic alternatives" in relation to its investments with Allianz SE for their respective African businesses, excluding Sanlam's home market of South Africa. Sanlam's subsidiary Santam, the largest non-life...
Santos to list on Papua New Guinea’s stock exchange
One of the leading independent oil and gas producers in the Asia-Pacific region, Santos will be listing on Papua New Guinea’s stock exchange, the PNGX. After Santos’ merger with Oil Search, it has successfully applied to list as an ‘Exempt Foreign Company’ on the PNGX...
St Kitts and Nevis will host major cricket tournament in 2022
In a historic move, St Kitts and Nevis will welcome cricket back to the islands with the hosting of the International Cricket Council (ICC) U-19 Men’s Cricket World Cup in 2022. The strategic objective of the tournament is to grow awareness among young men and women...
Cyprus to spend over €460m as part of CAP
As per the new common agricultural policy (CAP), Cyprus plans to spend €461.9m on the agricultural sector over the five-year period of 2023-2027 subject to European Commission consultations and approval. The Agriculture ministry visions for a green Cyprus through...
Dump diamonds for digital? Botswana bets on tech
Botswana will be investing in the idea of a "knowledge-based economy" - one that does not rely on a finite resource. Diamond mining remains one of the biggest revenue earners but with the presence of high levels of inequality and an unemployment rate of 24.5%, the...