South Africa's Vodacom, led by Shameel Joosub, moves to control Kenya's Safaricom
Vodacom, led by Shameel Joosub, moves to take control of Kenya’s Safaricom in a deal valued at about $2.4 billion.
Vodacom, Johann Rupert’s Remgro close $672.9 million Maziv fiber deal
Vodacom finalizes a $672.9 million fiber deal with Remgro’s Maziv to expand fast internet across South Africa.
Egyptian tycoon Ashraf Sabry’s Fawry unveils holding company to consolidate investments
Fawry launches a holding company to consolidate investments and boost its fintech expansion under Ashraf Sabry.
How Adeniji Adeyemi built Starlink Global & Ideal Ltd, Nigeria’s $550 million non-oil export giant
From a one-room cocoa shop to a $550 million export engine, Adeniji Adeyemi’s Starlink Global & Ideal Ltd is redefining non-oil success in Nigeria.
Belgian SIAT invests $100 million in Nigerian tycoon Rasheed Sarumi-led Presco
Belgian SIAT invests $100 million in Presco to expand Nigeria’s palm oil production and boost Edo State’s economy.
Tony Elumelu’s HH Capital lifts Transcorp Power stake with $201,000 share buy
HH Capital, tied to billionaire Tony Elumelu, snapped up more than 1 million Transcorp Power shares in a fresh insider deal on the Nigerian Exchange.
Egyptian billionaire Hisham Talaat Moustafa plans $5 billion Oman projects
Hisham Talaat Moustafa’s TMG launches $5 billion Oman projects with 15,000 residential units, hotels, and coastal amenities.
Seplat, co-founded by Austin Avuru, completes key offshore gas upgrade
Seplat, co-founded by Austin Avuru, boosts offshore output after completing its key Inlet Gas Exchanger upgrade in OML 67.
South African billionaire Johann Rupert’s Remgro to take full Mediclinic control
Johann Rupert’s Remgro plans a major restructuring to gain full control of Mediclinic Southern Africa.
Idrissa Nassa's Coris Bank gets $11.6 million investment from Dutch lender to support expansion
Coris Bank, led by Idrissa Nassa, secures $11.6 million from Dutch lender FMO to fund WAEMU expansion, strengthen digital banking, and boost lending capacity.
Egyptian billionaire El-Sewedy family’s electric group signs deal to boost Qatar power solutions
Elsewedy Electric teams with Raneen Energy to strengthen Qatar’s power systems and advance local production.
Malagasy tycoon Hassanein Hiridjee’s AXIAN joins Mastercard to boost Africa payments
AXIAN and Mastercard team up to deliver safer digital payments and boost financial inclusion in Africa.
Kenya turns to China for $1.5 billion after Nigerian businessman Tony Elumelu’s $1 billion pledge
Kenya moves ahead with a $1.5 billion highway deal after Tony Elumelu’s $1 billion pledge to support new infrastructure projects.
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.
Access Holdings, led by Aig-Imoukhuede, plans $27.7 million private placement
Access Holdings moves to raise $27.7 million in new capital as Aig-Imoukhuede strengthens the group’s growth plan.
Tomi Amosun's Summit Africa gets $20 million from IFC
Summit Africa secures $20 million from IFC to boost growth in financial services, technology and food security.