TAQA Arabia reports $266-million revenue in first nine months of 2024
TAQA Arabia's revenue surged to $266 million in the nine months of 2024, up from $198.3 million during the same period in 2023.
Hot News
Oprah Winfrey denies $1-million payment for endorsing Kamala Harris’ campaign
The media mogul clarifies she was not compensated for supporting the Democratic candidate.
Pick 'n Pay’s Boxer subsidiary prepares for historic JSE listing
Discount grocery chain Boxer to launch IPO on Johannesburg Stock Exchange, aiming to raise substantial capital for expansion.
Safaricom suspends advertising on Nation Media Group platforms amid critical coverage
Kenya's largest telecom halts ads on major publications following critical reports on data privacy practices.
Ecobank and Nium join forces to enable real-time cross-border payments in 35 African markets
Ecobank and Nium partner to bring real-time cross-border payments to 35 African markets, empowering businesses with faster, more efficient global transactions
Fidelis Ayebae’s stake in Fidson Healthcare falls to under $7 million
Fidson Healthcare founder, Fidelis Ayebae, sees major stake decline, but holds firm in pharma industry.
Shoprite Nigeria expands, opens new outlet in Benin City
This new store reinforces the company's strategic growth in Nigeria.
Giovanni Ravazzotti’s stake in Italtile nears $570 million as shares surge
Italtile’s market surge boosts Ravazzotti’s net worth by $24.82 million in just 15 days.
MDaaS begins Francophone expansion with new office in Cameroon’s largest city
This is part of the company’s strategy to broaden its presence beyond Nigeria to meet increasing healthcare demands across the continent.
Equity Group's nine-month profit rises 13 percent to $317 million
Regional subsidiaries contributed 49.78 percent of the earnings, reflecting the group's successful regional diversification strategy.
Morocco’s royal family’s stake in Attijariwafa Bank gains $1.08 billion in 2024
This highlights Attijariwafa Bank’s position as a leading North African financial institution and the royal family’s key role in the region’s economy.
Margins Developments launches $304-million residential resort in Cairo
The 35-feddan project marks the developer’s entry into luxury residential and hospitality.
Khamis family loses over $44 million from Oriental Weavers stake
This decline reversed a $17.05 million gain for the Khamis family between October 9 and 15.
Baraka Smiles Foundation launches $387-million campaign to transform oral health in Kenya
Baraka Smiles Foundation launches a $387-million campaign to bring essential dental care to Kenya’s underserved communities, aiming for "1 million healthy smiles" by 2027.
Minority shareholders demand governance overhaul at Oando Plc amid delisting concerns
Minority shareholders push for governance reforms at Oando Plc amid delisting uncertainties, seeking stronger protections and transparency to safeguard their interests.
BUA Industries secures $200-million facility from Afreximbank to drive expansion and industrial growth in Nigeria
BUA Industries secures $200 million from Afreximbank to accelerate expansion, boosting Nigeria’s industrial growth and self-sufficiency in key sectors.