💵Frigoglass Sells Nigerian Units to Helios

TGIF☀️

Imagine your favorite Disney characters stepping off the screen and into a story you create yourself. That’s exactly what Disney is letting fans do now. With the new Sora AI tool, users can generate videos starring iconic characters, from Mickey Mouse to Elsa, bringing your ideas to life in ways that were only possible in your imagination before.

This isn’t just a fun gimmick; it’s a peek into how AI is reshaping storytelling. Disney is blending beloved intellectual property with cutting-edge technology, giving creators unprecedented control while still preserving the magic of its characters. The move also signals a broader trend: media giants are experimenting with AI not just as a tool for efficiency, but as a way to engage audiences in entirely new, interactive ways.

For fans, storytellers, and creators, it’s a reminder that the lines between imagination and production are getting blurrier and that the next generation of content might be written, directed, and even starred in by AI-assisted creators.

Let’s dive in.👇

Today’s Menu ☕️

💵 Frigoglass Sells Nigerian Units to Helios
📶Vodacom Unveils Value News Network (VNN)
💰GIP Ghana Backs SBCL Expansion
📶MTN South Africa Raises Prices to Cover Rising Costs
💼Mahube Infrastructure Eyes Privatization Deal

💵DIVESTMENTS

Frigoglass Sells Nigerian Units to Helios

Frigoglass Group has agreed to sell its Nigerian operations, including Beta Glass Plc and Frigoglass Industries Nigeria, to Africa-focused private equity firm Helios Investment Partners in a deal valued at up to €100 million. The divestment is part of Frigoglass’ ongoing strategy to focus on its core businesses—commercial refrigeration and glass packaging—while improving operational efficiency and asset performance.

Beta Glass, a flagship subsidiary with a strong track record of margins and growth, will continue its operations under Helios’ stewardship, ensuring continuity for employees, customers, and partners......….continue reading

📶TELECOMS

Vodacom Unveils Value News Network (VNN)

Vodacom has launched the Value News Network (VNN), a social-driven platform aimed at helping customers easily discover its value offerings, digital services, and promotions. The platform shares weekly short videos across YouTube, Instagram, and TikTok, covering mobile data, voice packages, fibre deals, RED contracts, lifestyle rewards, and VodaPay services. VNN is part of Vodacom’s push for digital-first, customer-centric communication, making it easier for users to access deals and understand how to maximize value from the Vodacom ecosystem.........….continue reading

💰INVESTMENTS

GIP Ghana Backs SBCL Expansion

Growth Investment Partners (GIP) Ghana has invested in Springs and Bolts Company Limited (SBCL), a Kumasi-based manufacturer of automotive components. The funding will allow SBCL to install a fully automated leaf spring production line, tripling capacity from 4 to 12 tonnes per day. The expansion aims to strengthen local manufacturing, reduce imports, and position Ghana as a competitive supplier of high-quality automotive parts in West Africa.......….continue reading

 📶TELECOMS

MTN South Africa Raises Prices to Cover Rising Costs

MTN South Africa will raise subscription and out-of-bundle rates starting 1 February 2025 due to rising operational costs, including network vandalism, theft, and electricity price hikes. Subscription fees will increase by 8.3%, voice rates by 7%, and overall bills by an average of 4.4%. Some charges, such as insurance, device fees, and data rates, will remain unchanged. To offset the increases, MTN will enhance Flexi and Mega Flex plans with 18% more airtime. The company stresses that these adjustments are needed to maintain network quality and service reliability............…continue reading

💼BUSINESS

Mahube Infrastructure Eyes Privatization Deal

Mahube Infrastructure, listed on the JSE since 2015, has received an offer to be delisted and taken private through a scheme of arrangement by Sustent Holdings, a vehicle backed by Mergence Renewable Energy Debt Fund II and SLIEP. Shareholders would receive R5.50 per share, a 30%+ premium over current trading prices. Delisting would allow Mahube to reduce costs, adopt private market valuation methods, and serve as a platform for equity aggregation in renewable energy projects. Mahube holds minority stakes in five REIPPPP-backed solar and wind farms totaling 400 MW............…continue reading

OTHER STORIES

• Spotify Tests New AI-Powered Prompted Playlists….continue reading

• Disney Lets Sora Create AI Videos Featuring Its Iconic Characters………continue reading

• Opera Neon: AI-Powered Browser Now Available for $20/Month….continue reading

• Google Tests AI Summaries on News Pages to Boost Context….continue reading

• Mediterrania Capital Partners completes partial exit from Cash Plus….continue reading

• Eos Capital marks milestone with first successful exit in Namibia….continue reading

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