After a decade of creating wealth and rewarding investors, the Malawi Stock Exchange (MSE) has seen…
Category: Business & Opportunities
General Motors is a Giant Insurance Firm With an Attached Auto Company – Warren Buffett
In a 2006 interview with Charlie Rose, Warren Buffett, the Oracle of Omaha, revealed some surprising…
Africa’s Richest Man Aliko Dangote Proposes Selling 650,000 BPD Refinery to NNPCL Amid Monopoly Claims
Aliko Dangote, Africa’s richest person, is considering selling his oil refinery to the Nigerian National Petroleum…
China’s Richest Man Faces Losing Title After $13 Billion Loss
China’s richest man is on the verge of losing the top spot he’s held for nearly…
Asian Markets Drop As Biden Bows Out Of White House Race
Asian markets fell Monday as Joe Biden’s decision to drop out of the US presidential race…
Former Black Panther Leader Unveils $80M Affordable Housing Project in Oakland
Elaine Brown is a former Black Panther Party leader who has ventured into affordable housing projects. According…
UK Inflation Holds At 2.0 Percent In June
Britain’s inflation rate remained stable in June after returning to the Bank of England’s target the…
Tanzania’s NALA Secures $40 Million for Cross-Border Payments in Emerging Markets
NALA, established by Tanzanian entrepreneur Benjamin Fernandes, has raised $40 million for international expansion and development…
Moroccan Businessman Alami Lazraq’s ADI Stake Decreases by $7 Million
Alami Lazraq, a notable Moroccan real estate entrepreneur, has seen the market value of his holding…
Egypt’s Elsewedy Electric Lands $274.7 Million Deal in Qatar
Elsewedy Electric, owned by Egyptian billionaire Ahmed El-Sewedy, has signed a contract worth QAR1 billion ($274.7…
Egyptian Businessman Ahmed Ezz’s Ezz Steel Stake Drops By $39 Million
Egyptian steel magnate Ahmed Ezz, creator of Ezz Steel, has seen the market value of his…
Egyptian Billionaire Hisham Talaat Moustafa’s SouthMED Hits $4.2 Billion in Sales
TMG Holding, owned by billionaire Hisham Talaat Moustafa, has collected in a staggering $4.2 billion in…
Zimbabwean Billionaire Strive Masiyiwa’s Liquid C2 Launches Cloudmania Services in Egypt
Liquid C2, a subsidiary of African technology conglomerate Liquid Intelligent Technologies that is owned by Zimbabwean…
Ethiopia’s Richest Man Mohammed Al Amoudi’s Samir Oil Loses International Court Case
Mohammed Al-Amoudi, Ethiopia’s richest man, suffered a major loss in Morocco. On Monday, the International Centre…
IMF Maintains 2024 Global Growth Forecast At 3.2%
In a study released Tuesday, the IMF maintained its global growth projection for 2024 while lowering…
South African IT Engineer’s Marula Oil Business Earns Over $13M Annually
A beauty solution that generates millions of dollars in revenue annually is the brainchild of Portia…
Jordan Brand, Led by a Woman, is Nike’s Top Division with $7Billion in Revenue
At his prime, Michael Jordan was a favorite of prominent businesses like Nike. In 1984, he…
Delta Q2 Earnings Fall Short Despite Robust Travel Demand
Delta Air Lines (DAL) announced record revenue for the June quarter on Thursday, but earnings fell…
Kenyan Banker John Gachora Buys 2.3 Million More NCBA Shares
John Gachora, CEO of NCBA Bank Group, has raised his stake in the bank, bolstering his…
Egyptian Billionaire Yasseen Mansour’s Gains $3.4 Million from Palm Hills Stake
Over the last 16 days, Egyptian billionaire Yasseen Mansour, chairman of Palm Hills Developments, has seen…
Vista to Acquire Cloud Storage Firm in $1.2 Billion Deal
A consortium led by Robert F. Smith, America’s richest Black billionaire, has reached an agreement to…