Skip to content
Elsewedy Electric, led by Egypt’s El-Sewedy family, will invest $2.5 billion in Algeria to build new factories and expand renewable energy capacity.
At 93, Othman Benjelloun leads Bank of Africa and reclaims title as Morocco’s richest man with a $2 billion fortune.
Cloudmania, part of Strive Masiyiwa’s Liquid C2, partners with AvePoint to boost secure cloud adoption and data protection across Africa.
The acquisition followed the transfer of all issued shares from Azumah Resources Ghana Ltd. and Upwest Resources Ltd., according to filings with Ghana’s Registrar of Companies.
Serena Williams and other investors fuel Unrivaled’s rise to a $340 million valuation, boosting women’s basketball growth.
The deal, sealed at Southwest’s Dallas, Texas headquarters, marks a pivotal step in the Nigerian airline’s fleet expansion strategy.
Alami Lazraq’s ADI stake nears $700 million, reflecting rising influence in Morocco’s property market and wealth rankings.
Zimbabwe’s Strive Masiyiwa will pocket $7.4 million from Econet’s $15.5 million interim dividend, reflecting the telecom giant’s strong 2025 run.
Njeru Industries, a Kenyan tea firm, enters administration amid sector challenges and financial pressures on exporters and farmers.
Raya Integration secures $23.3 million credit to boost Egypt’s digital banking, IT infrastructure, and cybersecurity capabilities.
Malawian billionaire Thom Mpinganjira’s FDH Bank stake loses $113 million as shares slide 10 percent on Malawi Stock Exchange.
Kavango Resources, backed by the Kansagra family, plans a Zimbabwe listing to fund gold projects, drawing support from local pension funds.
Tsitsi Masiyiwa’s RemitHope seeks $50 million to channel diaspora remittances into African-led projects spanning health, education, and welfare.
Egypt’s Munify raises $3 million led by Y Combinator to grow cross-border banking for millions of Egyptians overseas.
Jaggaer, backed by Robert F. Smith’s Vista, will expand in Hyderabad with plans to grow its workforce to 500 employees.
Billionaire Femi Otedola’s Making It Big tops Amazon’s business category, blending memoir with leadership lessons.