Beltone accelerates regional expansion with Baobab majority stake acquisition
This acquisition is set to accelerate Beltone’s growth strategy, centered on innovation, as the firm seeks to leverage advanced technologies like data science and AI.
Haldane McCall raises $1.6 million through Housing unit sales
This milestone underlines the company’s commitment to alleviating Nigeria’s housing deficit while balancing affordability and quality.
Terrence Moolman makes $15 million from Caxton stake in 2024
This not only cements Moolman’s position among South Africa's wealthiest investors but also highlights his significant influence in the media industry.
Craig Arnold makes $69.1 million from Eaton stake in 2024
Eaton CEO Craig Arnold’s 0.14% stake, equivalent to 737,044 shares, has surged by $69.14 million amid a stock rally in 2024.
Mansour Group joins China’s SAIC Motor for $135-million Egyptian auto plant
The project, announced at a ceremony with Egypt’s Prime Minister Mostafa Madbouly, supports Egypt’s goal to localize vehicle production.
FCMB Group secures $95.2 million in oversubscribed public offer
The bank issued 19.8 billion new shares, priced at N7.3 ($0.005) each, bringing in over 39,000 new investors—underscoring rising interest in the bank.
Sasol cuts gas production at Mozambique plant amid unrest
The unrest, triggered by Mozambique’s contentious October elections, has led to widespread instability, claiming at least 54 lives this week.
Haldane McCall launches $97 million bond for affordable housing solutions
Highlighting the urgency, Akinlade noted that Lagos State has built only 13,000 homes since 1999, reinforcing the need for private-sector participation.
Beltone approves $211 million to power expansion and growth goals
The fresh funds will support Beltone's initiatives to deepen its capabilities and strengthen its competitive positioning in the MENA region’s fast-evolving financial services sector.
Madinet Masr secures $177 million for Egypt’s development projects
The development projects, which are set to generate more than five million jobs, will help bridge the housing gap.
Access Holdings secures CBN, SEC nod for $228 million rights issue completion
The completion of this offering underscores Access Holdings’ strategic resilience and its ability to meet the evolving demands of Nigeria’s financial sector.
IHS closes $230 million deal to sell Kuwait unit to Zain Group
This deal represents a pivotal shift in IHS's strategy to optimize its global assets and strengthen its financial footing amid a volatile market.
Holcim sells $100 million stake in Bamburi Cement to Tanzania’s Amsons Group
The move follows Amsons’ earlier purchase of an 18 percent stake in Bamburi Cement for $70 million after receiving regulatory approval.
Jay-Z’s Marcy Ventures joins forces with Pendulum Holdings' investment arm
This strategic move brings together two powerhouse entities and marks a significant step toward consolidating Black-led financial influence.
Koos Bekker-linked family trust offloads $162 million in Prosus stock
This highlights Bekker’s approach to blending technology investments with high-end real estate, showcasing his commitment to diversified growth.
Aradel-backed consortium gets approval for $2.4 billion Shell deal
The transaction has been designed to preserve SPDC’s operational integrity post-acquisition.