Tech billionaire Gbenga Agboola’s Flutterwave to recover $52.5 million from Kenyan gov’t
Flutterwave is a financial technology company.
East Africa
Malagasy businessman Hassanein Hiridjee’s AXIAN Group launches 1.8 MW solar power plant
AXIAN Group is now recognized as Madagascar’s top energy producer.
Kenyan businessman Paul Ndung’u challenges expulsion from Sportpesa
The move follows a special resolution by Sportpesa CEO Ronald Karauri and other key stakeholders at Pevans East Africa.
Kenyan sugar mogul Jaswant Rai takes on Kakuzi’s dominance with entry into avocado farming
Rai ranks as one of Kenya’s richest businessmen.
Tanzanian billionaire Mohammed Dewji to take on Pepsi, Coca-Cola, other world leading brands
Dewji has expressed his readiness to challenge major beverage companies.
Kenyan mogul John Kimani-linked Kakuzi gears up for showcase at Berlin’s global trade fair
Kimani owns a 32.3-percent stake in Kakuzi.
Keroche CEO Tabitha Karanja battles state capture in $112.80-million tax dispute
Keroche Breweries is one of the largest producers of alcoholic beverages in Kenya.
Antoine Delaporte’s Adenia Partners looks to acquire Kenyan restaurant chain, Java House
Adenia Partners is an African-focused private equity firm.
Kenyan businessman Paul Ndung’u ousted as SportPesa shareholder amid legal battle
Ndung’u and Asenath Wachera Maina each owned 17 and 21 percent of Pevans East Africa.
U.S. billionaire Robert F. Smith partners with Deepak Chopra to boost Black leadership
Smith is America’s richest Black man.
Meet 36-year-old Kenyan entrepreneur who recently secured $3 million for her startup
Wandia is the CEO of Kwara, a Kenyan-based online and mobile banking platform.
Sasini, controlled by family of late Kenyan tycoon, aims for growth after reaching $10-million profit milestone
The late Kenyan tycoon Naushad Merali’s family owns a 65.46-percent stake in Sasini Tea.
Tanzania’s leading entrepreneur Mo Dewji soars to top of Africa’s billionaires list
Dewji’s entrepreneurial journey began at a young age, and he has since built MeTL Group into a multi-billion-dollar empire.
Humphrey Kariuki: A glimpse at the Kenyan magnate’s properties and businesses
Kariuki’s business empire is vast and covers several industries, including energy, hospitality, real estate development, and more.
Kenyan banker-turned-politician Peter Kenneth, others to pocket $40 million from Mayfair Bank sale
Mayfair Bank was established in June 2017 by a consortium of prominent investors led by Kenneth.
James Mwangi’s Equity Group to receive $4.1 million for acquisition of Spire Bank
Equity Group is the largest financial services conglomerate in East Africa.