Kenya's top banker gains $3 million in three weeks from Equity Group investment
Over the past 20 days, the market value of his stake has increased by Ksh396.21 million ($3.07 million), fueled by a robust stock performance on the NSE.
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Court orders KeNHA and NLC to pay Mohamed Jaffer and Ashok Doshi for land taken during Mombasa-Nairobi highway expansion.
Naivas, majority-owned by Arnaud Lagesse’s IBL Group, opens its 112th branch in Nairobi
Naivas, backed by Arnaud Lagesse’s IBL Group, opens its 112th Nairobi store, expanding reach in fast-growing Mihango estate.
Credit Bank, led by Kenya’s wealthy Nyachae family, seeks approval for $35 million raise
Credit Bank, backed by Kenya’s Nyachae family, seeks shareholder approval for a $35 million capital raise to support growth and meet regulatory demands.
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Nigerian billionaire Abdul Samad Rabiu gives $20.7 million to long-serving employees
Abdul Samad Rabiu shares $20.7 million in cash rewards with long-serving BUA Group employees, reinforcing loyalty across the conglomerate.
Nigerian-Lebanese billionaire Gilbert Chagoury promotes ORCA’s mega-showroom as Lagos bets big on premium retail
Backed by ambassador Gilbert Chagoury, ORCA’s four-floor showroom opens in Eko Atlantic, bringing scale, jobs and confidence to Lagos’ premium retail market.
Elon Musk’s Starlink could soon reach South Africa
Starlink, Elon Musk’s satellite internet service, may soon expand to South Africa as the government eases foreign ownership rules.
Insider trading complaint surfaces after South African billionaire Jannie Mouton’s Curro buyout wins approval
South Africa’s regulator reviews suspicious Curro share trades after Jannie Mouton Foundation secured approval for a 7.2 billion rand buyout.