Access Holdings, led by Aig-Imoukhuede, acquires Standard Chartered Bank Cameroon
Access Holdings, led by Aigboje Aig-Imoukhuede, has acquired Standard Chartered Bank Cameroon, expanding its regional banking network.
West & Central Africa
Cameroonian businessman Célestin Tawamba acquires Grands Moulins assets
Célestin Tawamba completes the purchase of Grands Moulins units in Cameroon and Congo, strengthening Cadyst Group’s regional footprint.
Congolese Rawji family’s CIMKO to invest $300 million in DR Congo cement
CIMKO, partly owned by the Congolese Rawji family, plans a $300 million expansion to boost DR Congo cement output to 3 million tons.
Senegalese entrepreneur Omar Cissé's Teranga Capital gets $1.8 million for SME expansion
Teranga Capital, co-founded by Omar Cissé, receives a $1.8 million Proparco guarantee to expand financing for growth-stage SMEs in Senegal.
Ghanaian tycoon Daniel McKorley urges graduates to innovate and create opportunities
Ghanaian tycoon Daniel McKorley urges graduates to innovate, solve problems and create opportunities beyond traditional jobs.
Ivorian businessman Koné Dossongui's Atlantic gets $150 million financing for gold mine
Koné Dossongui’s Atlantic Group gets $150 million to buy the Tongon gold mine in Côte d’Ivoire.
Nigerian oil magnate Gabriel Ogbechie’s Eterna launches $14.9 million rights issue
Eterna launches a $14.9 million rights issue as Gabriel Ogbochie moves to strengthen the company’s finances and expand operations.
Belgian SIAT invests $100 million in Nigerian tycoon Rasheed Sarumi-led Presco
Belgian SIAT invests $100 million in Presco to expand Nigeria’s palm oil production and boost Edo State’s economy.
Nigerian billionaire Abdul Samad Rabiu to expand empire with new rice processing line
Abdul Samad Rabiu signs a new deal in Dubai to build a 32-tonnes-per-hour rice processing line as BUA Foods’ earnings surge.
Nigerian magnate Aderemi Makanjuola’s Caverton unveils Nigeria’s first electric ferry
Caverton unveils Nigeria’s first electric ferry as Aderemi Makanjuola expands the group’s clean-energy push on Lagos waterways.
Seplat, co-founded by Austin Avuru, completes key offshore gas upgrade
Seplat, co-founded by Austin Avuru, boosts offshore output after completing its key Inlet Gas Exchanger upgrade in OML 67.
Idrissa Nassa's Coris Bank gets $11.6 million investment from Dutch lender to support expansion
Coris Bank, led by Idrissa Nassa, secures $11.6 million from Dutch lender FMO to fund WAEMU expansion, strengthen digital banking, and boost lending capacity.
Nigerian billionaire Femi Otedola’s First HoldCo joins Microsoft to expand innovation in Africa
Femi Otedola’s First HoldCo partners with Microsoft to expand innovation and technology solutions across Nigeria and Africa.
Nigerian oil magnate Gabriel Ogbochie’s stake in Eterna rebounds above $20 million
Richemont, controlled by South Africa’s Johann Rupert, posted $12.3 billion in half-year sales as strong jewelry demand and solid retail gains lifted results.
Africa's richest man, Aliko Dangote, to triple fertilizer output in Nigeria
Aliko Dangote aims to triple Nigeria’s fertilizer output to 9 million tons, expanding operations and boosting exports.
Nigerian billionaire Femi Otedola’s First HoldCo completes FBNQuest sale
First HoldCo, chaired by Femi Otedola, finalizes FBNQuest sale, streamlining operations and shifting ownership to EverQuest group.