Access Bank, led by Nigerian executive Chizoma Okoli, launches ‘Power of 100 Africa’ initiative to empower 100 female entrepreneurs
Access Bank introduces a groundbreaking initiative to support 100 female entrepreneurs across 16 African countries, reinforcing its commitment to women’s leadership and economic growth.
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Centum, backed by Kenya’s Kirubi family, posts $2.5 million half-year loss
Centum reported a $2.52 million loss for the half-year ended Sept. 30, 2025, as weaker sales and uneven economic conditions weighed on performance.
Lowe’s, led by Marvin Ellison, completes $8.8 billion acquisition of Foundation Building Materials
Lowe’s, led by Marvin Ellison, completes $8.8 billion acquisition of Foundation Building Materials, expanding its professional services network.
Nigerian billionaire Adebayo Ogunlesi’s GIP eyes $40 billion U.S. power company deal
Adebayo Ogunlesi’s Global Infrastructure Partners is in advanced talks for a takeover of Virginia-based AES Corp.
Kenya court orders businessman SK Macharia’s guards out of Directline office
Court rules SK Macharia violated orders, directing removal of guards from Directline’s Nairobi office amid leadership battle.
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Egyptian billionaire El-Sewedy family’s group plans $500 million investment in Saudi Arabia, Qatar
Egypt’s El-Sewedy Electric plans $500 million investment in Saudi Arabia and Qatar to expand factories and power infrastructure.
1,706 employees of Nigerian billionaire Abdul Samad Rabiu now $20.7 million richer
1,706 BUA Group employees receive $20.7 million in cash awards at the annual BUA Night of Excellence Long Service Awards held at Eko Hotel & Suites.
Dangote presses regulators, urges probe of NMDPRA chief over $5 million Swiss tuition
Aliko Dangote criticizes fuel imports, calls for transparency in Nigeria’s refinery sector and urges probe of NMDPRA chief over $5 million Swiss tuition.
Egyptian billionaire Hisham Talaat Moustafa gains $90 million as TMG shares rise
Egyptian billionaire Hisham Talaat Moustafa sees wealth rise by $90 million as TMG shares rally, lifting market value above $3 billion.