Nigerian banker Herbert Wigwe says 370 million Africans have no access to financial services
Wigwe owns a 4.51-percent stake in Access Holdings.
Nairobi-based entrepreneur Jit Bhattacharya’s BasiGo to assemble 1,000 electric buses in Kenya
BasiGo is a Kenyan e-mobility startup.
South African pharma tycoon Stephen Saad gains $37.1 million from Aspen shares
Saad owns a significant 12.5-percent stake in Aspen Pharmacare Holdings.
GB Corp emerges as cohesive entity, honoring legacy of late Egyptian tycoon Raouf Ghabbour
The rebranding efforts follow the passing of Ghabbour.
Mauritian tycoon Arnaud Lagesse’s IBL Group looks to expand in Kenya’s diverse industries
The Lagesse family owns 16.8 percent of IBL Group.
Jimnah Mbaru loses $4 million in Britam Holdings shares in one year
Mbaru owns a 7.72-percent stake in Britam Holdings.
Hassanein Hiridjee-linked WeLight raises $20.5 million to deliver clean energy to 120 villages in Madagascar
As many as 45,000 households and businesses will be connected to the power grid.
Kenya’s richest families own more wealth than 22 million Kenyans combined
Kenya’s wealth gap is staggering.
Egyptian entrepreneur Ashraf Sabry’s Fawry secures $1.67-million capital increase approval
Sabry controls 2.3 percent of the fintech company.
Cameroonian businessman accuses South African bank of misleading justice in $235-million property seizure
Danpullo is the founder of Baba Ahmadou Group.
Centum, led by family of late Kenyan tycoon Chris Kirubi, to buy back shares worth $4.8 million
Kirubi passed away in 2021 at the age of 80.
Kenyan entrepreneur Cynthia Wandia’s fintech startup Kwara raises $3-million seed extension
Kwara is a Nairobi-based fintech startup.
Swazi billionaire Natie Kirsh’s net worth surges by $157 million
Kirsh derives the majority of his fortune from Kirsh Group and Jetro Holdings.
Cameroonian banker Alain Nkontchou makes $1.5-million power move with Ecobank share purchase
Nkontchou is the chairman of Ecobank.
Kenyan tycoon Ronald Karauri’s Sportpesa unveils restructuring plan
Sportpesa is a leading sports news and betting technology company.
Nigeria’s president to commission $19-billion refinery owned by Aliko Dangote
The project will strengthen the country’s downstream industry.