Equity Insurance unit’s nine-month profit surges to $8.26 million, outpaces regional banking subsidiaries
Equity Life Assurance Kenya, a fast-growing subsidiary of Equity Group Holdings, posts a remarkable 181-percent profit increase, signaling robust performance in the insurance sector.
Investec raises dividend despite slight profit drop, targets global growth
Despite a marginal profit decline, Investec Group reinforces its commitment to shareholders and international expansion, signaling confidence in its strategic vision.
Investec reports strong lending surge as post-election optimism lifts economic prospects
Renewed confidence in South Africa's governance and economy drives growth for Investec Group, with improved lending activity and expanded opportunities at home and abroad.
Hassan Allam and partners secure 1,200-megawatt solar deal to advance Egypt’s renewable energy sector
Landmark agreement highlights regional leadership in clean energy transition.
Vista Investment Partners deepens tech portfolio with $3.85-million NVIDIA stake
Investment reflects strategic focus on high-growth, high-impact sectors.
NCB Financial Group achieves record turnaround with bold profit and efficiency goals
NCB Financial Group posts remarkable financial gains under Michael Lee-Chin’s leadership, targeting sustained growth and higher shareholder returns.
Oriental Weavers achieves strong Q3 2024 results amid global market growth
Oriental Weavers reports robust revenue growth in Q3 2024, driven by international market expansion and strategic domestic initiatives.
Vista Equity Partners sells minority stake in LogicMonitor in $2.4-billion deal
Vista Equity Partners secures $2.4-billion valuation for LogicMonitor with new minority investment while retaining strategic control.
NCBA opens new branch in Kerugoya to boost local businesses
NCBA’s new Kerugoya branch brings tailored banking services to Kirinyaga County, supporting local businesses and economic growth.
Raya Holding posts record-breaking Q3 2024 financial results
Raya Holding’s Q3 2024 results highlight remarkable growth and profitability despite challenging global economic conditions.
LADOL’s $500-million investment drives Nigeria’s industrial growth
Ambitious expansion plans include job creation and economic diversification.
Wema Bank strengthens leadership with key executive appointments
Ajimisinmi and Bakare to drive strategic growth and innovation.
QCIL posts over 500-percent profit surge to $6 million
Pharmaceutical leader reports robust growth in revenue and margins.
NCBA manager detained in $364,000 fraud case at Kisii branch
Arrest exposes vulnerabilities in internal banking controls.
NCBA Bank partners with Xpress Money to streamline global remittance services
Seamless money transfers for NCBA diaspora customers.