Tendai Madziwanyika-led RTG to invest $1.6 million in Harare hotel upgrades
Rainbow Tourism Group plans $1.6 million upgrades at Harare’s Rainbow Towers, including solar power, restaurants, and wellness facilities.
Southern Africa
How Thom Mpinganjira built Malawi’s largest bank, became its first billionaire, and conquered the world
In an exclusive chat with Billionaires.Africa, Thom Mpinganjira shares how he rose from humble beginnings to become Malawi’s first billionaire
Kenny Fihla-led Absa, deepens AWS partnership to drive digital transformation across Africa
The move underscores CEO Ralph Mupita’s push for consolidation in a market where Vodacom has already secured approval for a contested fiber deal.
MTN, led by Zimbabwean executive Ralph Mupita, rules out building fiber network
The move underscores CEO Ralph Mupita’s push for consolidation in a market where Vodacom has already secured approval for a contested fiber deal.
South African billionaire Patrice Motsepe’s ARM halts operations at Bokoni mine
The company said Friday the shutdown will allow it to work on a revised mining plan for the Limpopo-based mine, after mounting losses and rising costs.
Neal Froneman-led Sibanye completes $129 million U.S. metals recycling deal
Sibanye-Stillwater, led by outgoing CEO Neal Froneman, closed its $129 million purchase of U.S. recycler Metallix to boost circular economy push.
South African billionaire Koos Bekker-led Prosus backs Orbii’s $3.6 million seed round
The round also drew backing from VentureSouq, DASH Ventures, Taz Investments, and Sanabil 500.
Zimbabwean billionaire Strive Masiyiwa’s Liquid C2 seals deal to boost Africa’s cloud adoption
Cloudmania, part of Strive Masiyiwa’s Liquid C2, partners with AvePoint to boost secure cloud adoption and data protection across Africa.
Zimbabwean billionaire Strive Masiyiwa to pocket $7.4 million in Econet interim dividends
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.
Kansagra family-backed Kavango Resources plans Zimbabwe listing
Kavango Resources, backed by the Kansagra family, plans a Zimbabwe listing to fund gold projects, drawing support from local pension funds.
Zimbabwean social entrepreneur Tsitsi Masiyiwa aims to raise $50 million for African-led ventures
Tsitsi Masiyiwa’s RemitHope seeks $50 million to channel diaspora remittances into African-led projects spanning health, education, and welfare.
Beyond AI, Strive Masiyiwa targets Zimbabwe’s $1.5 billion remittance flows
TN CyberTech, part of Strive Masiyiwa’s Econet Global, is expanding in key diaspora hubs to capture more of Zimbabwe’s $1.5 billion remittance market.
South African tycoon Mike Teke urges rethink on coal investments after Seriti’s $295 million package
South African tycoon Mike Teke urges financiers to back responsible coal funding, saying the resource remains key to energy security and growth.
Zimbabwean telecom executive Ralph Mupita denies talks on Telkom acquisition
The remarks came a day after reports suggested MTN was reconsidering a takeover bid for Telkom, which owns South Africa’s biggest fiber network.
Shameel Joosub-led Vodacom strikes clean energy deal to ease South Africa grid reliance
The company launched its virtual wheeling solution, enabling companies to source renewable electricity through the grid from independent producers.
South Africa’s Stephen Saad expects $50 million sales from Aspen’s weight loss drug
South African pharma tycoon Stephen Saad says Aspen’s weight loss drug could reach $50 million in sales within two years.