Malagasy mogul Hassanein Hiridjee’s Axion embarks on solar plant mega-expansion project
The move will see Axion boost the plant’s capacity to 40 MWp.
Hot News
Aliko Dangote Foundation disburses $10.2-million grant to empower women in Nigeria
The disbursement is part of the foundation’s one-off unconditional micro-grant program.
South African billionaire Koos Bekker’s net worth declines by $100 million as investors react to Prosus share purchase plans
Bekker is the chairman of Naspers.
French businessman Stephane Richard’s Orange moves to clinch Burkinabe market share with fiber optic launch
The French multinational has recently opened its doors in Ouagadougou.
Moroccan outsourcing mogul Karim Bernoussi forecasts $600 million in revenue for 2021
The company is one of France’s top-5 customer service outsourcers.
Cameroonian banker Jean Paulin Fokam receives state award from president of Guinea
Fokam received the Commander of the National Order of Merit award from Guinean President Alpha Conde.
Stake of Mauritian Lagasse family in IBL Limited now worth $130.24 million
The family is known for its role in modernizing industry and commerce in Mauritius.
Nigerian banker Herbert Wigwe’s stake in Access Bank gains $4.05 million in 43 days
An uptick in the bank’s share price steered the increase in his stake’s market value.
Detained Tunisian media mogul Nabil Karoui released as case continues
Earlier, Karoui launched a hunger strike to protest his detention.
Equity stake of Mauritian businessman Arnaud Dalais in CIEL Limited gains $4.11 million
The gains in his stake were triggered by a recent surge in the company’s shares.
Indian-Ghanian industrialist Ramchand Udharam Mohinani dies at 87
His family announced that he passed away early morning, June 12.
South African billionaire Patrice Motsepe’s Alexander Forbes Group hunts for new deals
The company is on the hunt for new acquisitions in a bid to build out its employee benefits offering.
Naguib Sawiris-linked Endeavour Mining lists on London Stock Exchange
Endeavour Mining is West Africa’s largest gold producer.
Australian billionaire Andrew Forrest moves to develop world’s largest hydropower project in Congo
Forrest has held talks with the DRC to acquire the exclusive rights to develop the Grand Inga Dam.
Nigerian economy could see serious boost from NNPC stake in Dangote Oil Refinery
The country could earn $11 billion per annum from the project.
Group Vice President Ebenezer Asante sees stake in MTN Ghana rise by $330,000
The gains were triggered by a surge in the company’s shares on the Ghana Stock Exchange amid renewed investor interest.