Egyptian billionaire Mohammed Mansour donates £100,000 to COVID-19 memorial fund in Knightsbridge
His donation will support building a multi-faith memorial at St. Paul’s Cathedral.
Latest
Elon Musk says Tesla has suspended vehicle purchases using Bitcoin
Tesla will be looking at other, more sustainable cryptocurrencies.
DRC could lose billions from resource deals with Dan Gertler: activists
Publicly available data shows that the DRC already lost $1.95 billion between 2003 and 2021.
Kenyan court spares Ronald Karauri’s SportPesa from state asset seizure
SportPesa and its owners will not face asset seizures, bank account freezes, or travel bans.
Nigerian anti-graft agency recovers $153 million from former petroleum minister
An additional 80 homes valued at $80 million have been recovered from ex-Minister Diezani Allison-Madueke.
Kenyan government eyes former Nairobi Governor Evans Kidero’s luxury real estate in capital
A trail of cash allegedly stolen from City Hall seems to lead back to the governor.
Financially distressed AAR Healthcare unit in Tanzania put under liquidation
The healthcare provider is exiting after a decade-long presence in Tanzania.
Nigerian billionaire Aliko Dangote, Aigboje Aig-Imoukhuede team up to improve healthcare in Africa
The duo have signed a deal with the United Nations Economic Commission for Africa.
JSE appoints former MTN boss Phuthuma Nhleko as independent non-executive director
Nhleko will serve as a member of the remuneration, nominations and deal Committees.
Nairobi-based mobile payments platform Cellulant passes baton to Acting CEO Akshay Grover
Kenyan entrepreneur and company founder Ken Njoroge previously headed the company.
Nigerian banking executive Herbert Wigwe’s Access Bank Group acquires South Africa’s Grobank
The Nigerian tier-1 capital bank now has a controlling stake in Grobank.
Zimbabwean lobbying group appoints diamond mogul Martin Boka consulting adviser
Boka is the son of one of the country’s most prolific black empowerment advocates.
Strive Masiyiwa’s Distributed Power Africa terminates power lease deal with Nyanza Light Metals
The contract was terminated due to delays in constructing a solar power plant.
Ghanian tycoon Ibrahim Mahama’s new cement factory set to make waves on local market
It has thus far been dominated by foreign players.
Aliko Dangote’s sugar company confirms price increases months after sugar scarcity controversy
The hike in prices grew Dangote Sugar Refinery’s revenue by 41.5 percent.
Emeka Okonkwo now among Union Bank’s biggest shareholders following acquisition of 2.4 million shares
Okonkwo is also the company’s CEO.