Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $30 million in equity and debt. The investment — which co-founder and CEO Eerik Oja called...

Sodexo Africa & Middle East, a company offering services that improve the Quality of Life, has announced the appointment of its new CEO, Colm O'Mahony. In his role, O’Mahony plans to strengthen and expand Sodexo’s regional portfolio, while incorporating...

What do you think about this Wisecrack? Do you think it is a smart one? How would you interpret it? Post your comment on our Facebook Page @downtownafrica And if you have a proverb or wisecrack, send it to...

What do you think about this Wisecrack? Do you think it is a smart one? How would you interpret it? Post your comment on our Facebook Page @downtownafrica And if you have a proverb or wisecrack, send it to...

Samsung Electronics has appointed Mr. Tae Sun Lee as the new East Africa Managing Director effective January 2022. He takes over from Mr. Seok Min Hong who has been at the helm of the company since September 2017.Mr. Lee...