Euroafrica Digital Ventures AB (OM:EURA) entered into LOI to acquire Zoomtanzania.com from Ringier One Africa Media.

Euroafrica Digital Ventures AB is a Sweden-based software company. EuroAfrica is a Techhub for digital services and platforms. The company owns and operates services and platforms for both B2B and B2C in the international markets. The Company's business concept is to identify functioning digital business models in a mature market and establish these in fast and less developed growth markets in East Africa. Euroafrica Digital Ventures is a developer of the Software as a service (SaaS) platform that offers media planning, campaign optimization, publishing as well as results follow-up. The platform is built on an AI technology that allows users to correct their media investments faster in real time.