NEW YORK -Thursday 3 February 2022 [ AETOS Wire ]

(BUSINESS WIRE)-- Moody’s Corporation (NYSE: MCO) announced today that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited (GCR). GCR is a leading credit rating agency in Africa with operations spanning the continent, including in South Africa, Nigeria, Senegal, Kenya, and Mauritius.

“GCR’s ratings play a significant role in the growth of Africa’s financial markets by providing critical insights into credit across a range of economies and sectors,” said Rob Fauber, President & Chief Executive Officer of Moody’s. “By combining GCR’s successful domestic operations with Moody’s global expertise, we have a unique opportunity to expand Moody’s presence in a high-growth region.”

“This is an important milestone in the history of GCR,” said Marc Joffe, Chief Executive Officer of GCR. “This transa ... Read more »

As the COVID-19 pandemic continues to have a disproportionate impact on women, Organon issues a call to action for other leaders to create opportunities to focus on women’s health

JERSEY CITY, N.J.-Friday 4 February 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Organon (NYSE: OGN), a global women’s health company, is designating International Women’s Day (IWD) on March 8 as a day to recognize the growing health disparities women face that have been exacerbated by the COVID-19 pandemic. Since its inception, IWD has focused on accelerating gender parity. Organon recognizes the need for a global effort to address her health and is starting with its own employees by providing paid time off this year for all employees to attend to their own health needs. The company invites organizations across the globe to join in raising awareness of the inequity in women’s health and to adopt initiatives that help women prioritize their health.

Women have worke ... Read more »

 - Africa Tech is the fastest growing ecosystem in the world

 

- Compared to 2020, activities in 2021 have doubled & the amount invested has tripled

 

- Fintech accounts 63% of funding and Nigeria takes in 34%

 

DAKAR, Senegal & PARIS & BERLIN & SAN FRANCISCO-Thursday 3 February 2022 [ AETOS Wire ]

 

(BUSINESS WIRE) -- Today, Partech Africa publishes its annual report on VC Funding for African Startups. In 2021, amid global VC growth, Africa tech still grew faster than any other region with 2x the activity of last year and more than 3x the amount invested, reaching $5.2B.

 

A year of historic growth

 

681 rounds of equity fundraising brought in a total of $5.2B. When we include debt, this total reaches $6B in 724 rounds. The 2021 new record indicates a super-active ecosystem, where almost 3 deals are closed every weekday.

  ... Read more »

ADDIS, Ethiopia-Thursday 3 February 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Dashen Bank (www.dashenbanksc.com) the largest private bank in one of the world’s fastest growing economies – Ethiopia - today announced it has extended its strategic partnership with CR2 (www.CR2.com) as they accelerate their Branch Transformation programme, a key pillar of their overall digital transformation taking place at the bank.

This latest strategic initiative responds to the changing nature of the branch, migrating traditional teller services to digital points of access such as mobile, online and in-branch self-service terminals including the ATM and kiosk. Transitioning to a digital branch enables tellers and relationship managers to assist customers digitally in-branch or remotely via the self-service channels and allows customers avail of the services unassisted from the digital points of access. Services include account opening, card applications, cheque deposits, inw ... Read more »

PHILADELPHIA-Thursday 3 February 2022 [ AETOS Wire ]

--(BUSINESS WIRE)-- PCI Pharma Services (PCI), a leading global contract development and manufacturing organization (CDMO), today announced the addition of three new exceptional automated sterile fill-finish machines in its San Diego and Melbourne facilities. Purchased from Cytiva, this remarkable equipment can pivot between filling different sterile medications into vials and syringes. The addition of these machines comes after PCI’s recent acquisition of Lyophilization Services of New England, Inc. (LSNE), specialists in the manufacturing of complex injectables for biologics and small molecules, bringing even broader capabilities to PCI clients across the entire product lifecycle and allowing them to bring their life-changing therapies to market with increased speed and safety.

“The addition of this cutting-edge equipment in two key locations – San Diego and Melbourne – is part of our glob ... Read more »

SAN JOSE, Calif.-Thursday 3 February 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Cepton Technologies, Inc. (Cepton), an innovative provider of smart lidar solutions, is partnering with security solution provider Bowler Pons Solutions Consultants, LLC (Bowler Pons) to deploy a cutting-edge, lidar-enabled three-dimensional monitoring system.

Bowler Pons is a specialist in technology-focused enhanced electronic security systems for high-security applications, such as entry control points, perimeters, airspace, and other protected areas. Now, utilizing the insightful perception capabilities provided by Cepton’s MMT Vista®-P sensors as one of multiple sensing modalities, the Maryland-based company has launched a cost-effective, highly adaptable 3D monitoring system that accurately detects, tracks, and classifies objects to assess situations of interest against pre-defined threat characteristics, behaviors, and rule sets via a single fusion and analytics engine. The i ... Read more »

NEW YORK-Thursday 3 February 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Finsbury Glover Hering and Sard Verbinnen & Co. (“FGH and SVC” or the “Company”), which recently combined to create the world’s leading strategic communications firm, announced today that based on data collected and tabulated by Mergermarket, a leading independent provider of M&A data and intelligence, the combined firm ranks #1 in both Global M&A Deal Count and Global Deal Value for 2021.

According to Mergermarket’s 2021 PR Advisors database, FGH and SVC completed 321 transactions globally with a total transaction value of approximately $560 billion in 2021¹. FGH and SVC were leaders in a wide variety of transactions – from cross border mergers to spin-offs, SPACs and take-privates – ranging in value from $100 million to over $20 billion ... Read more »

DUBAI, UNITED ARAB EMIRATES.-Thursday 3 February 2022 [ AETOS Wire ]

CAE GmbH, the leading provider of training solutions to the military forces, has been awarded a contract by the Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support. The contract will be delivered over the next seven years, with the option to extend for an additional five years.

Romy Hawatt, Founder and Chairman of the Dubai-headquartered Airways Aviation Group said: “With several major successful airlines, including Emirates, Etihad, Fly Dubai and Air Arabia based in and operating out of the UAE, it is no surprise that the country is widely recognised as one of the world’s best strategic aviation hubs and therefore an excellent holding location for the Airways Aviation Group. Dubai is arguably the world’s best investor-friendly operating base and boasts first class infrastructure, communications, and other facilities, including an outstanding numbe ... Read more »