Britain’s competition regulator on Friday cleared Amazon’s investment of up to $4 billion in Anthropic, an American developer […]
Business & Opportunities / Featured Posts
Kenya’s Safaricom Secures Second $116 Million Sustainability-Linked Loan
Safaricom, East Africa’s largest telecom operator and led by Kenyan businessman Peter Ndegwa, has acquired its second sustainability-linked […]
Business & Opportunities / Insurance
AXIAN Group Completes Stake Acquisition in Ivorian Insurance Startup
AXIAN Group, a Malagasy-based pan-African conglomerate led by renowned billionaire Hassanein Hiridjee, is expanding its position in the […]
Business & Opportunities / Featured Posts
Vista Equity Backs Mews With $100 Million Credit Facility
Mews, an Amsterdam-based hotel cloud startup, has secured a $100 million credit facility from Vista Credit Partners, a […]
Business & Opportunities / Featured Posts
Egypt’s Electric Firm Lands $1 Billion Deal With Saudi Electric
Elsewedy Electric, an international cable and electrical equipment maker founded by Egypt’s El-Sewedy family, has signed a $1 […]
Business & Opportunities
Grindrod to Acquire Stake in Mozambican Terminal for $79.6 Million
Grindrod Mauritius, a subsidiary of the South African logistics and transport giant plans to acquire the remaining 35% […]
Business & Opportunities
OCI to Sell Methanol Business for $2.05 Billion
OCI Global, a major nitrogen and methanol producer led by Egypt’s richest man, has agreed to sell its […]
Business & Opportunities
Truworths CEO Michael Mark Earns $11M in 10 Years Despite Weak Stock Performance
Despite recovering from the lows seen during the COVID-19 epidemic, Truworths International shares remain lower than the high […]
Business & Opportunities / Featured Posts
Egyptian Billionaire Ahmed Ezz’s Steel Group Reports $460M Profit in H1 2024
Ezz Steel, a Cairo-based steel firm founded by Egyptian billionaire Ahmed Ezz, announced a profit of $460.3 million […]
Business & Opportunities
South Africa’s Sim Tshabalala Leads Standard Bank’s Offshore Expansion in Mauritius
Standard Bank, founded by South African banking magnate Sim Tshabalala, has established a new offshore banking service in […]
Business & Opportunities / Technology
Kenyan Businessman Peter Ndegwa Launches New Safaricom Airtime Plan To Lift Revenue
Safaricom, led by Kenyan telecom mogul Peter Ndegwa, has launched a ground-breaking service that allows consumers to buy […]
Business & Opportunities / Technology
Smartvel Acquires Avuxi to Expand Destination Content and AI Capabilities
Smartvel, a travel content expert, has purchased Avuxi, a location-based travel service provider, for an unknown sum. TopPlace, […]
Business & Opportunities
Keeana Barber Becomes First Black Woman to Own a Signarama Franchise in Illinois
Keeana Barber, CEO and Founder of WDB Marketing, is the first Black woman to own a Signarama franchise […]
Business & Opportunities
Kenya’s Bamburi Cement Receives New $193.7 Million Offer
Bamburi Cement, a renowned cement manufacturer in East Africa that is partially owned by Kenyan billionaire and serial […]
Business & Opportunities / Technology
Zimbabwean Billionaire Strive Masiyiwa Boosts Cross-Border Service Capabilities in East Africa
Liquid Intelligent Technologies, a tech company controlled by Zimbabwean billionaire Strive Masiyiwa, has announced a substantial upgrade to […]
Business & Opportunities / Editor's Pick
Apollo Signs $1 Billion Deal with BP to Fund Stake in Trans Adriatic Pipeline
Apollo Global Management has completed a US$1 billion contract with BP to fund its interest in the Trans […]
Business & Opportunities / Featured Posts / Richest
Tencent’s Pony Ma Regains Top Spot as China’s Richest Person
Pony Ma Huateng, co-founder of Tencent, has returned to the top of China’s wealth rankings, becoming the country’s […]
Business & Opportunities
Kenya’s NCBA Bank Invests $5 Million in Cybersecurity
NCBA Bank, a subsidiary of the NCBA Group, a renowned financial services conglomerate owned by some of Kenya’s […]
Business & Opportunities
Egypt’s Madinet Masr Unveils New Luxury Project in Mostakbal City
Madinet Masr, the real estate developer led by Egyptian mogul Abdallah Sallam, has announced the debut of its […]
Business & Opportunities
Egyptian Businessman Hani Berzi’s Edita Foods Shares Drop by $9.3 Million
Egyptian businessman Hani Berzi experienced a sharp decline in his wealth as shares of Edita Food Industries, the […]
Business & Opportunities
Why Kenyan Court Stopped Indian Billionaire Gautam Adani’s Airport Lease Deal
Kenya’s High Court has temporarily halted a contentious request by Adani Enterprises, a part of the Adani Group […]