Dubai-based transport startup Swvl has agreed to buy Shotl, an Uber-like service for bus and van operators that caters to municipalities, corporations and educational institutions, a source familiar with the matter told Reuters.
Copper prices rose on Friday but was on track for a weekly loss after investors sold the base metal complex on China's slowing growth, COVID-19 outbreaks, and U.S. tapering worries.
China left its benchmark interest rate unchanged on Friday for the 16th consecutive month but that did little to dampen expectations authorities will boost stimulus to counter a slowdown in the world's second-largest economy.
Zimbabwe has signed a $1.3 billion joint venture agreement with British-based Coven Energy to develop a fuel pipeline from the Mozambican port city of Beira to the capital city Harare, the minister of information said on Wednesday.