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.
BUA Chairman Abdul Samad Rabiu blames middlemen for high cement prices
Rabiu explained that middlemen inflated prices, preventing savings from reaching consumers, impacting families and fueling a nationwide housing crisis.
Ecobank, led by Chairman Alain Nkontchou, launches 'Oja Oge' marketplace with 100+ exhibitors in Lagos
Ecobank launches 'Oja Oge' marketplace in Lagos, showcasing fashion, beauty, and lifestyle with over 100 exhibitors.
Fidelity Bank, led by Chairman Mustafa Chike-Obi, partners with ImpactHER to train 1,276 women
Fidelity Bank and ImpactHER train 1,276 women in digital skills, enhancing entrepreneurship and economic growth in Nigeria.
