James Mwangi’s Equity Bank partners with African Guarantee Fund to promote female-led MSMEs
The $75-million deal will provide loans to female-led micro, small and medium-sized businesses in four African countries.
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Adrian Gore’s Discovery Limited ready for next phase of COVID-19 vaccination in South Africa
More than 13 million people need to be vaccinated during the second phase of the vaccination roll-out in South Africa.
Embattled Pastor Shepherd Bushiri blames officials for daughter’s death amid extradition case
Multimillionaire Pastor Shepherd Bushiri has announced the unexpected death of his 8-year-old daughter Israella.
Mohamed Frikha’s Syphax Airlines partners with local aviation firm to provide online pilot training
The training will help update its pilots’ skills and provide a better customer experience.
Strive Masiyiwa’s free COVID-19 test in Zimbabwe records low turnout
Billionaire Strive Masiyiwa’s efforts to help combat COVID-19 in Zimbabwe’s schools fell short due to poor media coverage.
South African miner partners with Johnson Matthey to develop solutions for low carbon future
A leading South Africa-based miner has partnered with Johnson Matthey to develop solutions to promote a low carbon future.
South African billionaire Patrick Soon-Shiong partners Biovac to produce COVID-19 vaccines
Patrick Soon-Shiong looks to deploy COVID-19 vaccines in South Africa.
Nigeria to commission $1.3-billion fertilizer plant with Morocco
The plant will facilitate fertilizer production using gas reserves, improve Nigerian agriculture and enhance bilateral trade between the countries.
From the Guinean mountains to Swiss prison: The story of Israeli diamond mogul Beny Steinmetz.
Steinmetz was recently sentenced to five years in prison and a massive fine.
Kenyan advertising tycoon Bharat Thakrar resigns from WPP Scangroup
Scangroup announced that its founder has resigned.
Swiss court reverses freeze on Angolan tycoon Carlos Manuel de Sao Vicente’s assets
Carlos Manuel de Sao Vicente has a brief window to enjoy his recently released assets while behind bars.
Ardova moves to acquire Tunde Folawiyo’s Enyo
The Nigerian oil company Ardova has announced plans to acquire Enyo.
Abdul Samad Rabiu launches $100-million philanthropic drive
Nigerian tycoon Abdul Samad Rabiu recently launched a $100-million Africa fund called the Abdul Samad Rabiu Initiative.
Aliko Dangote fertilizer plant soon to commence operations in Lagos
Africa’s richest man has announced the commencement of operations of his new granulated urea fertilizer plant.
Mark Cuban invests in Morocco’s tech sector as ties with Israel restored
U.S. billionaire Mark Cuban is making moves to invest in Morocco’s emerging fintech sector.
Elon Musk faces unusual investor lawsuit in March
The investor accuses Musk of violating a 2018 settlement with the SEC.