Somali tycoon Ismail Ahmed’s Zepz raises $267 million to expand in Africa
The venture capital firm Accel, along with Leapfrog and TCV, led the latest funding round for Zepz.
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Jannie Mouton's Capitec Bank stake hits $1 billion milestone
Over the past 12 weeks, Mouton’s stake has increased by R3.02 billion ($173.13 million), rising above the $1 billion mark.
BP, Vitol, Trafigura drive sales at Dangote Refinery, redefining Africa’s oil market
British oil giant BP, Swiss-based Vitol, and Singapore’s Trafigura lead sales from Dangote Refinery as Africa’s largest oil plant reshapes market.
Karooooo shares drop, leading to $107 million loss for Zak Calisto
South African tech mogul Zak Calisto faces wealth decline amid Karooooo share drop.
Funke Opeke exits MainOne after $320-million deal as Equinix focuses on growth
Funke Opeke steps down after 14 years as MainOne's CEO following a milestone $320 million acquisition by Equinix.