Paratus Group, led by Schalk Erasmus, expands African footprint with Rwanda launch
Paratus Group, led by Schalk Erasmus, launches in Rwanda to expand reliable broadband access across Africa.
Alain Nkontchou's Enko Capital closes $100 million round for private credit expansion
Enko Capital, led by Cameroonian financier Alain Nkontchou, raised $100 million to boost private credit access for mid-sized African firms.
MTN, led by Zimbabwean executive Ralph Mupita, hits 300 million subscribers
MTN under Ralph Mupita surpasses 300 million subscribers, marking a major milestone in African telecoms.
South African billionaire Michiel Le Roux’s Capitec targets SMEs with fintech push
Capitec Bank partners with fintech startup Stub to give small businesses real-time access to banking data and boost South Africa’s SME growth.
American-Burkinabe banker Simon Tiemtoré's Vista Group gets $34 million to aid West African SMEs
Vista Group, led by banker Simon Tiemtoré, gets $34.8 million from the EIB to expand SME financing in Guinea and Sierra Leone, aiding women and youth.
NCBA, backed by Kenya's richest families, unveils $6 million digital banking
NCBA unveils a $6 million digital platform with Intellect Global to enhance corporate banking and expand its digital reach in Kenya.
Aliko Dangote's refinery gears up to supply 310 million liters of petrol
Dangote refinery prepares 310 million liters of petrol for loading amid soaring fuel prices in Nigeria.
Michael Georgiou exits Accelerate Property Fund after shareholder opposition
Accelerate Property Fund has cut ties with founder Michael Georgiou after 97% of shareholders rejected his return to the board at its annual meeting.
Oando, led by oil mogul Wale Tinubu, faces creditor pressure over unpaid debt
Oando, led by Wale Tinubu, faces pressure as Irad Investment demands payment of long-overdue debts for completed energy projects.
Malagasy tycoon Hassanein Hiridjee’s AXIAN acquires solar plant in Zambia
AXIAN Energy, led by Malagasy tycoon Hassanein Hiridjee, acquires Zambia’s Bangweulu Solar Plant to boost clean energy and expand access.
Egyptian tycoon Hassan Allam’s group wins $550 million New Cairo project
Hassan Allam Construction wins $550 million New Cairo project, boosting Egypt’s sustainable urban growth and luxury real estate.
Wema Bank, partly owned by Kessington Adebutu, gets approval for $34 million raise
Wema Bank, partly owned by Adebutu, raises $34 million, strengthening capital and funding digital expansion.
Egyptian billionaire Yasseen Mansour’s Palm Hills settles $6.3 million North Coast dues
Palm Hills, chaired by billionaire Yasseen Mansour, settles $6.3 million in North Coast fees as sales surge amid Egypt’s resilient property market.
Seplat, co-founded by Austin Avuru, grows oil operations with new Mobil assets
Seplat Energy steps up oil and gas production after acquiring Mobil assets, strengthening performance and expanding Nigeria’s offshore capacity.
Vodacom, led by Shameel Joosub, to invest $29 million to expand 5G coverage in Limpopo
Vodacom commits $29 million to enhance Limpopo’s 5G network, improve connectivity, and empower local communities.
James Mwangi-led Equity Group backs Kenyan farmers with tractor financing
Equity Bank joins Inchcape to finance up to 95% of tractor costs, empowering Kenyan farmers and strengthening food security.