DR CONGO > South Africa based Engen Holdings and the Netherlands based Vivo Energy Holding B.V enter into a share transaction

Vivo logo Vivo Energy is set to purchase shares in Engen International Holdings Limited for the exchange of a shareholding in Vivo Energy and a possible cash settlement. If the transaction gets regulatory approval, the transaction will add nine new countries and over 300 Engen branded service stations to Vivo Energy’s network. This will add up Vivo Energy’s presence in 24 African More …

PERU > Global Pizza brand, Little Caesars expands into Peru and Nicaragua

Little Caesars logo The world’s third largest pizza chain, Little Caesars expands into Central and South America with two restaurants in Nicaragua and one in Peru. Only after a few months of opening its first restaurant in Chile, one restaurant will begin operations in the first week of December in both Nicaragua and Peru, while second restaurant in Nicaragua will open in January More …

INDONESIA > International provider of digital financial solutions, Wirecard has won Shell Indonesia as a new customer for Fleet cards

Shell logo To optimize the digital financial processes on one platform for Shell Indonesia, it has selected Wirecard, the international provider of digital financial solutions. Wirecard’s state-of-the –art fleet operations management with a special focus on control and efficiency will benefit Shell and the new Fleet card solution can be used for all purchases at Shell petrol stations throughout Indonesia. Intended to More …

CHINA > Chengdu Hi-tech Industrial Development Zone initiates a the “Golden Panda” talent plant which comprises of aspects such as introduction of talents, support for innovation, entrepreneurship assistance and accommodation assurance for human resources allocating $100 million every year

Chengdu logo new Known as the national treasure of China, the giant panda is famous all over the world. Chengdu which is considered the hometown of the pandas is now a world class science and technology zone. It is often compared to Silicon Valley of the US and Sophia Antipolis of France and the heart of Chengdu’s such recognition is Chengdu Hi-tech Industrial More …

UK > France based TRIGO acquires 100% of the capital of the UK based Bridge Group

Trigo logo For ensuring its development platform on UK territory in the automotive, aerospace and heavy transportation industries, TRIGO has acquired 100% of the capital of Bridge Group from its founder Neil Endley. The acquisition will also augment TRIGO from the Bridge Group’s proven expertise in supplier turnaround management, training and technical resourcing to further enrich TRIGO’s global supply chain performance service More …

CHINA > Italian Creation Group, a Milan based company is opening up 12 stores along the Silk Road in 2018

Italian Creation Group logo Italian Creation Group is set to open up 12 stores along the Silk Road out of which new stores in Mumbai, India; Hong Kong and Tokyo have already been opened and the stores in Shanghai, Foshan and Shenzen in China; Vietnam; Manila, The Philippines; Jakarta, Indonesia; Ahmedabad, India and Teheran, Iran are remaining. With the aim to expand its global More …

MOROCCO > USA based Varroc Lighting Systems is building a manufacturing facility and product development center in Tangier, Morocco

Varroc logo For producing headlamps and rear lamps for customers in Morocco and southern Europe, USA based Varroc Lighting Systems sets up a manufacturing facility in Tangier, Morocco. For producing and reinforcing its global capabilities as a premier developer and manufacturer of next- generation external lighting systems for the automotive industry, Varroc Lighting Systems has allocated the factory in located in “Tanger More …

SOUTH AFRICA > US based MRI Software, a real estate software company, is set to acquire MDA Property System, a property management and accounting software company based in Cape Town, South Africa

MRI logo For expanding its fast growing presence in EMEA region, MRI software is set to acquire South Africa based MDA Property Systems. MDA Property Systems dominates the South African real estate market with approximately 5000 users and 70 percent of South Africa’s listed real estate investment trusts (REITs) using the company’s software. Founded in 1990, MDA Property System is a property management and More …