Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment. South Africa's Vodacom in Tanzania announced its plans to develop and grow in the country within the year.

Cloud solutions provider Ajubeo said it received additional investment from Colorado private equity firm Grey Mountain Partners.

Texas-based startup media analytics firm TrendKite scored USD 1.2 million in its Series A round led by Silverton Partners.

San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds. Mobile photo application developer PicCollage scored USD 2.

Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.

Norway said its sovereign wealth fund could now include Africa Israel Investments and its subsidiary company Danya Cebus in its investment portfolio.

Collegefeed received USD1.8 million investment from Accel Partners A new social media platform specifically catered to college students has attracted a USD1.

Maginatics raised $17 million in Series B financing for its projects. Maginatics, a leader in technology innovations, clinched USD17 million in Series B funding.

BHP Billiton slow to build into expanded operations in the potash industry through delaying production at the giant deposit until at least 2020.

Socialspiel received EUR200K new funds from angel fund FLOOR13 and ex-Rockstar Games veterans, Clemens Beer and Mike Borras.