Kenyan telecom tycoon Peter Ndegwa launches new Safaricom airtime plan to lift revenue
Ndegwa launches Safaricom's Sh1 airtime purchase option via M-Pesa, aiming to attract low-budget consumers and drive revenue growth.
South African banking mogul Sim Tshabalala leads Standard Bank's Mauritius offshore expansion
South African banking mogul Sim Tshabalala leads Standard Bank's Mauritius offshore expansion, providing African businesses with secure access to international financial services.
Jumia Nigeria CEO Sunil Natraj leads rural e-commerce expansion to boost market reach
Jumia Nigeria CEO Sunil Natraj drives the rural e-commerce expansion targeting underserved areas in Nigeria.
Boxing legend Floyd Mayweather lists Beverly Hills mansion for $48 million
Boxing legend Floyd Mayweather lists his Beverly Hills mansion for $48 million, nearly doubling the price he paid in 2017, as part of his extensive real estate investments.
Nigerian commodities tycoon Ibidapo Lawal raises $15 million for Neveah
Neveah’s revenue has grown by 858 percent in four years.
Kenyan billionaire heiress Mary-Ann Musangi elected chair of KAM’s Women in Manufacturing Committee
Musangi will focus on increasing women's representation and promoting sustainability in manufacturing.
United Capital, led by Peter Ashade, sees $900-million domestic dollar bond oversubscribed; reflects investor confidence
The bond attracted Nigerian, diaspora, and institutional investors.
7 businesses owned by prominent Ghanaian entrepreneur Ibrahim Mahama
Mahama is transforming multiple sectors across Africa with his dynamic business ventures, from mining to agriculture, while championing philanthropy and economic development.
Richemont, led by Africa's richest man Johann Rupert, urges luxury watchmakers to cut production
Richemont Chairman Johann Rupert urges luxury watchmakers to cut production as global demand cools, warning that oversupply could harm brand value amidst market shifts.
Sibanye-Stillwater, led by CEO Neal Froneman, to cut palladium and platinum output by 45 percent
Sibanye-Stillwater is cutting palladium and platinum production by up to 45 percent to regain profitability amid falling prices.
Egypt's wealthy Khamis family seals deal for $1.5-million solar plant
Oriental Weavers partners with IRSC to install a $1.5-million solar power plant, reinforcing its commitment to sustainability and reducing carbon emissions by 4,000 tonnes annually
7 businesses owned by Nigerian senator and mogul Orji Uzor Kalu
Orji Uzor Kalu's business portfolio spans media, shipping, finance, and more. Here are seven key ventures that define his success as a Nigerian entrepreneur.
Nigerian billionaire Femi Otedola applauds Dangote refinery for disrupting fuel import market
Nigerian billionaire Femi Otedola praises the Dangote refinery for its impact on reducing Nigeria's dependency on fuel imports.
Dis-Chem exec Stanley Goetsch divests $19 million in shares for portfolio diversification
Goetsch's divestiture provides insights into expected corporate governance and strategic directions, crucial for investors and market analysts.
Fidelity Bank, led by Chairman Mustafa Chike-Obi, partners with mastercard to enhance cross-border payments in Nigeria
Fidelity Bank and Mastercard introduce "Fidelity Send," aiming to revolutionize cross-border payments with faster, cost-effective solutions.