Ham Serunjogi: The fintech trailblazer transforming African payments
The visionary CEO of Chipper Cash is driving financial inclusion and reshaping Africa's payment landscape.
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FCMB forecasts $141.83 million revenue for Q1 2025, targets $19.56 million profit
The bank targets diversified revenue growth, strong cash inflow, and operational efficiency in its Q1 2025 outlook.
Dangote Sugar Refinery launches $32 million commercial paper to fund expansion
The Series 7 paper, with a 270-day tenor, offers a 24.5524 percent discount rate and a 30 percent implied yield.
Stephen Brookes gains $1.8 million this year from Balwin stake
Since January 1, his stake has gained R32.63 million ($1.83 million), pushing his total stake above $22 million.
Meet Michelle Kilpin: First female MD of Tanzania’s biggest listed company
Kilpin’s career, which spans over two decades, is a testament to her unwavering commitment and exceptional leadership.
Hani Berzi's Edita Foods stake drops by more than $130 million
The decline stems from a steep fall in the company’s share price on the Egyptian Exchange (EGX) and the sharp devaluation of the Egyptian pound.
Meet Mitchell Elegbe: The visionary behind Interswitch, driving Africa’s digital payment revolution
From engineering graduate to fintech pioneer, Elegbe's transformative leadership has redefined digital payments in Africa.
Oando boosts oil production by 50 percent after $783-million Nigerian Agip Oil acquisition
Acquisition of NAOC strengthens Oando’s position as a major player in Nigeria’s energy sector.
Johann Rupert’s 7 biggest philanthropic contributions: Transforming lives in South Africa and beyond
From COVID-19 relief to wildlife conservation, Johann Rupert’s philanthropy is driving social and economic change.
Samih Sawiris acquires $400-million Moroccan tourism project, expands influence in North Africa
Billionaire Sawiris-led consortium to develop Essaouira Mogador with new hotels, resorts, and residential complexes.
Patrice Motsepe faces $195-million lawsuit over alleged non-compete breach in Tanzania
Motsepe denies allegations, calls claims "absolute rubbish" as lawsuit escalates in Tanzania's commercial court.
BUA Group partners with Starlinger for packaging production facility with six hundred million-bag capacity
BUA Group strengthens control over production and supply chain with new facility for polypropylene packaging.
Egyptian billionaire Naguib Sawiris unveils $150 million hotel project in Cairo
Naguib Sawiris plans to invest $150 million in luxury hotels near Egypt’s iconic Pyramids, aiming to enhance the country’s tourism appeal.
Dawie de Villiers receives $2 million compensation for 2024 fiscal year at Alexforbes Group
This represents a significant 89.68 percent surge from the R19.16 million ($1.07 million) he received in the previous year 2023.
Alex Karp’s Palantir extends $36.8 million AI deal with U.S. Special Operations
This extension highlights Palantir's growing influence in defense, leveraging its expertise in artificial intelligence and data analytics to modernize mission-critical systems.