Mauritius’s state-owned telecommunications operator is assessing opportunities in several African nations as part of a key strategic initiative to diversify out of the Indian Ocean island market. Mauritius Telecom is evaluating potential acquisitions in places such as Seychelles, Madagascar, Congo Brazzaville and Ghana, CEO Kapil Reesaul said in an interview. While expansion could be through an existing mobile operator, the company won’t limit itself to mobile communications.
“We have the resources and the capacity to invest, backed by well-reputed banks based on our strong financial foothold,” Reesaul said. “We are hence seeking new markets and niche markets where we are confident we will be able to replicate what we have achieved in Mauritius.”
Kapil Reesaul
It has invested R1.1-billion in a new submarine fibre cable connecting Mauritius to South Africa
The Port Louis-based operator has built an unchallenged position in the island nation of 1.26 million people with 100% fibre-to-home coverage, 1.05 million mobile subscribers and 393 000 fixed lines. Its profit jumped 79% last year.
The Mauritian government is the biggest shareholder with a 33.49% direct stake, and another 25.55% through state-run SBM Holdings and the National Pension Fund. France’s Orange has 40% through an investment vehicle, according to the operator’s 2022 annual report.
Ahead of acquisitions, Mauritius Telecom has invested R1.1-billion in a new submarine fibre cable connecting Mauritius to South Africa. The next step will be its extension to India and Singapore for an estimated $120-million, said Reesaul, who was appointed CEO in August 2022.
“We are currently in talks with Indian operators as well as Orange and Cable & Wireless of Seychelles,” he said.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
Sam Bankman-Fried lied to the world as he built his cryptocurrency empire at FTX, telling only his friends and girlfriend the truth about what was happening, prosecutors said on the first day of a historic fraud trial.
Nathan Rehn, an assistant US attorney, painted a picture of the 31-year-old as a calculated criminal who used investor deposits at FTX as a personal bank account before the company collapsed into bankruptcy a year ago. He said that only Bankman-Fried’s small inner circle knew that he was taking customer money to fund his lifestyle.
“He had wealth, he had power, he had influence, but all of that was built on lies,” Rehn told jurors in a federal court in Manhattan on Wednesday. “He was committing a massive fraud, and taking billions of dollars from thousands of victims.”
Sam Bankman-Fried
He was committing a massive fraud, and taking billions of dollars from thousands of victims.
Prosecutors included several references to former Alameda Research CEO Caroline Ellison in their opening statements, as one of the individuals that knew what was going on behind the scenes. Ellison is the government’s star witness after reaching a plea deal last year. Gary Wang, former FTX chief technology officer and Nishad Singh, FTX’s former engineering director, are also expected to take the stand as cooperating witnesses.
The case, which the government has labelled one of the biggest financial crimes in the country’s history, will explore how an awkward 20-something from California came to run and allegedly ruin one of the largest crypto exchanges in the world. The MIT graduate faces a maximum prison term of 20 years for each of the five most serious charges against him.
Bankman-Fried was expressionless as Rehn spoke, but briefly looked at the jury as the government lawyer emphasised “billions of fraud”, before turning back to stare at his laptop. The former crypto executive’s parents, a pair of Stanford University law professors, sat in the gallery behind their son.
‘Unprecedented’
John Reed Stark, a former SEC enforcement attorney and crypto critic, said on X that the prosecution’s “stockpile of cooperating prosecution witnesses is arguably unprecedented for a financial fraud trial”.
“For the past year or so, these three informants, together with a legion of other informants, turncoats and whistleblowers (who are also similarly desperate to save their own skin), have been providing the prosecution with a road map of SBF’s alleged criminal activities.,” said Stark, who now runs his own consulting company.
The company’s terms of service as well as old Bankman-Fried tweets assuring customers that their money was safeguarded were among the examples Rehn touched upon to indicate to the jury that FTX engaged in fraud.
Rehn said that FTX misleadingly told customers that the money belonged to them, not the company. “FTX’s advertising slogan was about how customers could trust it,” he said.
He made reference to a Bankman-Fried’s tweet that “FTX has a long history of safeguarding assets and that remains true today”. Statements about FTX keeping customer money safe “were lies”, Rehn said.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
In a strategic partnership, Southbridge Investments and On.Capital have unveiled their visionary $100 million fund, strategically designed to fuel cleantech innovation across the African continent. This partnership represents a significant leap forward in advancing universal energy access and enhancing climate resilience, with a special focus on underserved regions. The collaboration leverages the collective expertise and resources of both firms, united by their commitment to driving innovative, sustainable energy solutions and fostering inclusive economic growth.
The Energy Go-Getters Fund, as it’s aptly named, will target investments across a spectrum of cleantech businesses, ranging from nascent startups with promising technologies to well-established companies poised for expansion. By harnessing the potential of clean and renewable energy sources, the fund aims to make substantial contributions to Africa’s sustainable development goals while delivering attractive returns for its investors.
Dr. Frannie Léautier, CEO of Southbridge Investments
Dr. Frannie Léautier, CEO of Southbridge Investments, emphasized the significance of this endeavor, stating, “We firmly believe that Africa holds vast potential in harnessing its renewable energy resources to meet its energy, employment, and carbon targets, ushering in a brighter and more sustainable future for its people. This joint venture with On.Capital not only underscores our commitment to responsible investing but also highlights our confidence in Africa’s potential as a global leader in the renewable and digital energy sector.”
Emmanuel Beau, CEO of On.Capital and founding Partner of Energy Access Ventures, a $90 million smart infrastructure fund, expressed his enthusiasm, saying, “Through the Energy Go-Getters Fund, we provide essential early-stage and scale-up equity to champions of energy access, particularly in underserved markets. As Go-Getters, we are on the ground, alongside our entrepreneurs, committed to overcoming new and challenging situations. We are determined to Go-Get universal access to energy done! We are thrilled to embark on this journey with Southbridge Investments, as we combine our resources and collective expertise to continue driving innovation, job creation, and environmental stewardship across the continent.”
Both Southbridge Investments and On.Capital have established themselves with a proven track record of successful investment strategies, value creation, and an unwavering commitment to responsible business practices. This joint venture solidifies their dedication to generating a positive impact through sustainable investments.
The launch of this dedicated fund management platform marks a significant milestone in the partnership between Southbridge Investments and On.Capital as they work together to accelerate Africa’s journey towards a more sustainable energy landscape.
SouthBridge Investments (SBI) operates as the investment and asset management arm of SouthBridge Group, a Pan-African advisory and investment entity with operational hubs in Abidjan, Casablanca, Kigali, London, and Paris. The firm is helmed by a team of seasoned professionals, including founders Donald Kaberuka and Lionel Zinsou, along with CEO Frannie Leautier and COO Emeryc Kpenou.
SBI endeavors to deliver a uniquely Pan-African investment service imbued with on-the-ground operational experience. It directly manages a range of investment vehicles tailored for African markets and advises partners and clients on investment opportunities and issues across the continent.
SBI’s overarching mission is to actively participate in realizing Africa’s potential by channeling investments into distinctive opportunities. The firm sets itself apart with distinctive features, including an unparalleled team comprising some of the most seasoned professionals in the African investment industry, an exceptional network spanning Africa and the globe, premium access to deal flow across all regions of the continent, and an unwavering focus on long-term value creation.
Smart Capital for Peace and Prosperity On.Capital, headquartered in Paris, functions as an advisory, fundraising, and investment enterprise established with the goal of unleashing capital, talent, and innovation in frontier markets. Recognized as a Climate Champion for its efforts in climate resilience by the Boston Consulting Group for COP27, On.Capital has received support from the United Nations Environment Program Seed Capital Assistance Facility for fundraising efforts related to the Energy Go-Getters Fund. On.Capital specializes in smart infrastructure and responsible commodities for impact.
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard
Yango , the global tech company, has unveiled its entrance into the burgeoning Ethiopian ride-hailing market, specifically launching its services in Addis Ababa. This strategic move comes as part of Yango’s expansion plans across Africa, and it has established a partnership with ShuuFare, a subsidiary of Ethiopian tech firm G2G IT Group, to spearhead its operations in the capital.
In an official statement, Adeniyi Adebayo, the Head of Yango’s Africa Office, expressed excitement about the collaboration with G2G IT Group, affirming that this venture would combine Yango’s cutting-edge technologies, extensive expertise, and international quality standards with ShuuFare’s profound understanding of the Ethiopian market. The goal is to provide an exceptional ride-hailing service tailored to the Ethiopian population.
Adeniyi Adebayo, the Head of Yango’s Africa Office
Under this partnership, G2G IT Group will assume the role of a franchise holder responsible for managing Yango’s service operations within Ethiopia. Tedros Mehari, Chief Technology Officer at G2G IT Group, emphasized their shared vision and expertise in delivering a cutting-edge, reliable, and efficient ride-hailing service that promises to transform the industry.
Ethiopia will become the thirteenth African country to welcome the Yango ride-hailing service once ShuuFare commences operations. Tedros reiterated their commitment to leveraging technology for the betterment of customers and the growth of the Ethiopian economy, expressing enthusiasm for introducing this excellent service to local communities.
For the time being, Yango, in collaboration with ShuuFare, will operate as a cash-only service. However, they have plans to integrate the platform with local payment solutions, including Telebirr. Moreover, their mobile app, available for free download on both iOS and Android platforms, offers services in Amharic and several other languages.
Beyond Africa, Yango’s ride-hailing app is operational in numerous countries spanning Europe, Central Asia, South America, and the Middle East.
In a recent development, Yango has obtained a license to operate in Cameroon, indicating a shift in its expansion strategy after facing regulatory challenges in Morocco.
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard
In an extraordinary financial journey that has propelled it to a valuation of over $260 million in total assets, VFD Group, a Nigerian investment company, has officially made its debut on the Nigerian Exchange Limited (NGX). The company, which initially commenced operations in 2009 with a humble $3,250 in capital from a group of 35 visionary investors, celebrated its listing on the Main Board of the NGX, leaving behind its three-year stint at the Lagos-based over-the-counter securities exchange NASD OTC.
Unlike conventional investment banks that manage assets on behalf of others, VFD Group adopts a proprietary investment-focused approach, strategically targeting companies for direct market gain. This unique approach has propelled them to new heights in the financial realm.
A total of 190,027,365 shares, each priced at $0.32 per unit, were added to the NGX, translating to a market value of $59.98 million. The company’s extensive investment portfolio encompasses more than 40 companies, with some of them already listed on the NGX.
VFD Group’s ascent in the financial world gained further momentum with its acquisition of a significant stake in the NGX Group, representing 5.2% of the bourse’s issued shares.
Listing on the standard exchange not only provides VFD Group with access to increased capital but also enhances its visibility among potential investors. The company has ambitious plans to raise $16.25 million through rights offerings as part of its larger $42.25 million equity and debt fundraising strategy to fortify its capital base.
At the Facts Behind the Listing ceremony held at the Nigerian Exchange building in Lagos, CEO Nonso Okpala shared his insights, stating, “This is a momentous occasion for VFD Group. Our journey from a boutique investment firm to a publicly traded company on the Nigerian Exchange reflects the dedication and hard work of our entire team. We are excited about this new chapter and the opportunities it brings to further strengthen our market position.”
Echoing these sentiments, VFD Group Chair Olatunde Busari expressed enthusiasm, saying, “We are excited to join the distinguished ranks of companies listed on the Exchange, and we are confident that this step will provide us with the resources we need to continue our growth trajectory and serve our shareholders even better.”
VFD Group’s investment portfolio extends to several Nigerian tech companies, including Minerva Tech, PiggyVest, ErrandPay, and VerifyMe. This momentous listing marks a significant milestone in the company’s journey towards further financial growth and market prominence in Nigeria’s dynamic tech and investment landscape.
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard
The African Development Bank Group and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and €50 million to support local agricultural businesses in West Africa.
Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID, and Solomon Quaynor, African Development Bank Vice President for Private Sector, Infrastructure, and industrialisation, formalised the agreement during a signing ceremony at the African Development Bank’s Abidjan headquarters.
Dr. George Agyekum Donkor, President and Chairman of the Board of Directors of EBID
Dr. Donkor said, “This credit facility illustrates EBID’s continued efforts to mobilise adequate resources to honour its commitment to the region’s transformation agenda through supporting and investing in key sectors, in this case, the agribusiness industry.”
The African Development Bank’s board of directors approved the dual currency line of credit for EBID early in 2023. The Africa Growing Together Fund, managed by the African Development Bank, will provide an additional $30 million in co-financing. AGTF is sponsored by the People’s Bank of China.
The three-and-a-half-year facility will enable EBID to offer direct financing to commercial banks and local businesses operating in the agriculture and soft commodity sector within its member states.
This aligns with EBID’s strategic aim to support local businesses, particularly small and medium-sized enterprises (SMEs), local business cooperatives, and farmers in West Africa. The credit lines are expected to strengthen food security, economic growth, and employment generation.
Vice President Quaynor said, “This agreement underscores our strong commitment to harness the continent’s limited resources to deliver, with speed and at scale, quality investments to help address the ever increasing trade finance gap in Africa while working with strategic regional partners like EBID and – through you – local commercial banks.”
The partnership between EBID and the African Development Bank demonstrates the increasing cooperation among African Development Finance Institutions to bridge trade finance gaps and direct much-needed funds to economically challenged countries and sectors.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
Microsoft, through its Africa Transformation Office, is partnering with Terragon to support its cloud capabilities; Terragon plans to leverage Microsoft’s cloud technologies to provide brands with powerful consumer insights.
Business owners in Africa will have access to a wide range of powerful customer insights thanks to a partnership between Terragon and Microsoft. The three-year agreement will further Terragon’s work in the marketing technology (MarTech) space, while also driving Microsoft’s ambition to enable digital transformation using the cloud.
Terragon is a leading data and marketing company with a mission to build Africa’s largest and most unique data-powered marketing cloud ecosystem to help businesses on the continent better understand their customers. The marketing company leverages data and technology to help brands reach, engage and deliver more meaningful mobile experiences to consumers. Using cloud-based solutions, Terragon is able to provide its customers with in-depth analytics and insights into customer engagement that better tells the story of the African consumer.
Terragon’s customers include both enterprises and SMBs that cover a range of industries such as fast-moving consumer goods (FMCG), financial services and consulting services. The company supports brands in the management of first-party data, and improved targeting and segmentation to deliver personalised engagements online and offline.
The partnership with Microsoft will support Terragon’s vision of using innovation to make mobile meaningful while also helping businesses on the continent to harness the power of cloud technology.
“We evolved into an enterprise solution company in 2018, and since then we’ve worked with a wide spectrum of over 30 multi-national enterprises and 8,000 SMBs, helping them achieve better ROI on their marketing spend and improving customer experience through the power of data-driven marketing,” says Chimezie Okonkwo, Senior Vice President of Data, Infrastructure, and Platforms at Terragon. “This Microsoft partnership is exciting because it validates our mission which has been to build the largest data-powered marketing cloud ecosystem in Africa. Deploying Microsoft tools and solutions will help us accelerate our goal of adding value to businesses by increasing marketing cost efficiencies, becoming more intelligent in our insights and delivering more meaningful and personalised engagements to customers on mobile.”
Gerald Maithya, General Manager, Africa Transformation Office at Microsoft, emphasised that the collaboration underscores Microsoft’s dedication to fostering sustainable digital growth in Africa.
“Working with businesses like Terragon that prioritise cloud-based solutions in their own operations and with their own customers better supports the acceleration of digital transformation on the continent,” says Maithya. “Through our work with Terragon, businesses of all sizes will have access to the latest cloud technologies to achieve their business goals and contribute to Africa’s economic growth and development. This partnership supports our efforts to be the preferred and trusted partner for cloud innovation on the continent.”
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
MEST Africa, the entrepreneurial institution renowned for its support of startups in Africa, has extended the application deadline for the MEST Africa Challenge. This extension is aimed at encouraging a wider range of applications from early-stage technology startups based in Ghana, Nigeria, Senegal, Kenya, and South Africa. The competition offers an opportunity for these startups to showcase their innovative business ideas. The application period is now open until October 16, 2023.
The MEST Africa Challenge offers substantial benefits to participants, with the winner receiving a USD 50,000 equity investment to help accelerate their business growth. Additionally, the winner and other standout participants gain access to MEST Africa’s global network, which can lead to valuable partnerships, mentorship, and potential investment opportunities. This platform is designed to help startups advance to the next level of growth and gain recognition on a global scale.
Ashwin Ravichandran, Portfolio Advisor and MEST Africa Challenge Lead, emphasized the organization’s commitment to inclusivity, stating, “We have seen significant interest from entrepreneurs across Africa, and in response, we have extended the application deadline. This ensures that all innovative startups have a fair opportunity to be part of this transformative journey. We’ve witnessed the positive impact this challenge has had on past winners, and we’re excited to discover the next startup that will make a mark in the African tech scene.”
In 2022, the MEST Africa Challenge crowned Senegal’s B2B e-commerce startup, Kwely, as the winner, further solidifying its reputation as a platform for exceptional startups from across the African continent. Past participants have included startups like Tanzania’s Kilimo Fresh, Ghana’s OZE, South Africa’s Snode Technologies, Kenya’s Waya Waya, and Nigeria’s Accounteer, all of whom have contributed to the vibrant entrepreneurial landscape in Africa.
To be eligible for the MEST Africa Challenge 2023, startups must meet certain criteria, including a minimum monthly recurring revenue of $5,000, cumulative funding raised of $1 million or less, existence for three years or less, at least six months of recurring revenue, a founding team of at least two members, and registration in Delaware (preferred). Demonstrated traction in key markets, including Ghana, Kenya, Nigeria, South Africa, and Senegal, is also important.
Entrepreneurs looking to showcase their startups and unlock their potential are encouraged to apply for the MEST Africa Challenge at apo-opa.info/3rL7v4H.
MEST, an African-wide software and entrepreneurship training program, seed fund, and incubator, plays a significant role in nurturing technology startups across the continent. Founded in Ghana in 2008 by Jorn Lyseggen, MEST offers a comprehensive 12-month program that provides training in software development, business skills, and communication to emerging tech talent in Africa. MEST not only provides seed funding for promising ideas but also supports the growth of its portfolio companies.
To date, MEST has trained over 2,000 entrepreneurs from various African countries and funded more than 80 startups in sectors such as Agritech, Fintech, SaaS, eCommerce, Digital Media, and Healthcare, among others. MEST is funded by the Meltwater Foundation, the nonprofit arm of Meltwater, a global leader in social and media intelligence headquartered in San Francisco.
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard
VALR, the cryptocurrency exchange co-founded by former Rand Merchant Bank executive Farzam Ehsani, has disclosed that it has processed more than US$10-billion in trading volume since its launch in 2018. The figure, which at the current exchange rate equates to R190-billion, underscores the scale of crypto trading taking place in South Africa.
VALR, which claims it is Africa’s largest bitcoin exchange by trading volume, made the disclosure in a statement this week in which it said it had won initial approval from Dubai’s Virtual Assets Regulatory Authority, or Vara, as part of a global expansion plan by the company. The application was done through a subsidiary of VALR’s called VALR FZE.
We see Asia, the Middle East and the United Arab Emirates as attractive markets with significant crypto flows
Stacked cryptocurrency coins
The company, which has raised $55-million in funding since its launch, said it now serves more than half a million retail customers and some 900 corporate and institutional clients.
It hopes to replicate this track record by building a global crypto business from its new Dubai offices.
“The initial approval granted to VALR FZE does not allow it to undertake any virtual asset services yet but is a critical step as it seeks to establish a virtual asset exchange in Dubai and affirms VALR’s position as a reputable player in the virtual asset industry, committed to upholding the highest standards of operational integrity, compliance and security,” the company said in the statement.
“Obtaining initial approval from Vara is a significant milestone that marks a major step forward in VALR’s global expansion plans,” said Ehsani. “This initial approval from Vara is a significant milestone for VALR to bring our products and services to a more global audience under the auspices of a world-leading regulator.”
“We see Asia, the Middle East and the United Arab Emirates as attractive markets with significant crypto flows,” added VALR’s head of growth, Blake Player. “Dubai is quickly gaining recognition as a forward-thinking and pragmatic jurisdiction for crypto businesses.”
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
Huawei Technologies is building a commodities team to hedge and trade metals and energy products, according to the Chinese technology company’s job posts on LinkedIn. The company was looking for a commodity trader and a commodity market analyst in Singapore a month ago, the posts on LinkedIn showed. Both positions are no longer accepting applications.
Huawei was also hiring a metals hedging specialist and a metals research specialist in the city-state four months ago, according to separate LinkedIn posts.
Li Jie, Chairman of Huawei’s Supervisory Board
The team’s goal is to hedge Huawei’s raw materials exposure in base metals, ferrous metals, energy and lithium
Huawei did not respond to a request for comment on the commodities team hirings it has made or its hiring plans.
The positions will work closely with Huawei’s teams in China and Hong Kong to grow its metals hedging and research capabilities as well as risk control, focusing on ferrous, nonferrous and battery metals, the posts said.
Huawei started building the team this year, which currently has five members, and will likely hire up to four more staff in the commodities and financial trading hubs of Singapore and Hong Kong, a source with direct knowledge of the matter said.
The team’s goal is to hedge Huawei’s raw materials exposure in base metals, ferrous metals, energy and lithium products, said the source, who did not wish to be identified as the matter is not meant to be discussed publicly.
The team is drafting the hedging proposals and trading plans, said the source.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry
