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Malawia’s Letshego Posts $11.2 Million Profit in H1 2024
Business & Opportunities

Malawia’s Letshego Posts $11.2 Million Profit in H1 2024

August 29, 2024

Letshego Holdings, a subsidiary of the Botswana-based transnational financial services corporation partly owned by Malawian banking billionaire Hitesh […]

Kenya’s I&M Group Supports New Tatu City Facility
Business & Opportunities

Kenya’s I&M Group Supports New Tatu City Facility

August 29, 2024

I&M Group, a leading financial services provider founded by Kenyan billionaire Suresh Bhagwanji Shah, has partnered with Norfund […]

Egypt’s Madinet Masr Signs $13.3 Million Development Contract
Business & Opportunities

Egypt’s Madinet Masr Signs $13.3 Million Development Contract

August 29, 2024

Madinet Masr, a leading real estate developer founded by Egyptian tycoon Abdallah Sallam, has signed a Memorandum of […]

Egypt’s Ahmed Ezz Approaches Billionaire Status as Ezz Steel Shares Soar to $800 Million
Business & Opportunities / Featured Posts / Richest

Egypt’s Ahmed Ezz Approaches Billionaire Status as Ezz Steel Shares Soar to $800 Million

August 29, 2024

Ahmed Ezz’s share in Ezz Steel has increased from $700 million to $807 million in just 16 days, […]

Florida’s Richest Man Is Opening a Pricey New Miami Office
Business & Opportunities / Featured Posts / Richest

Florida’s Richest Man Is Opening a Pricey New Miami Office

August 29, 2024

Citadel, a leading hedge fund, recently announced plans for a 54-story headquarters in Miami. Citadel founder Ken Griffin, […]

Walmart Heiress Alice Walton Now World’s Richest Woman at $95 billion
Business & Opportunities / Featured Posts / Richest

Walmart Heiress Alice Walton Now World’s Richest Woman at $95 billion

August 27, 2024

Alice Walton is on track to join the elite company of centi-billionaires, including Elon Musk, Bill Gates, and […]

China’s Former Richest Man Loses $14 Billion After Temu’s Parent Company Drops 30%
Business & Opportunities / Featured Posts / Richest

China’s Former Richest Man Loses $14 Billion After Temu’s Parent Company Drops 30%

August 27, 2024

Colin Huang, the founder and former chairman of Chinese e-commerce business PDD Holdings, saw his net worth drop […]

Kenyan Entrepreneur Paul Kimani’s Startup Raises $5 Million From Investors
Business & Opportunities / Featured Posts

Kenyan Entrepreneur Paul Kimani’s Startup Raises $5 Million From Investors

August 27, 2024

Workpay, a quickly developing HR and payroll technology startup created by Kenyan entrepreneur Paul Kimani, has successfully received […]

Absa Bank Kenya to Open 17,000 Agency Service Points
Business & Opportunities

Absa Bank Kenya to Open 17,000 Agency Service Points

August 23, 2024

Absa Bank Kenya, a Nairobi-based institution partly controlled by Kenyan businessman Baloobhai Patel, has launched a huge expansion […]

Egyptian Businessman Mohammed Elsewedy’s Investment in Electric Giant Nears $500 Million
Business & Opportunities / Featured Posts

Egyptian Businessman Mohammed Elsewedy’s Investment in Electric Giant Nears $500 Million

August 23, 2024

Mohammed Elsewedy, an Egyptian businessman, is strengthening his position as one of the country’s wealthiest individuals, as his […]

Kenya’s KCB Group Resumes Dividends After an 87% Profit Jump to $225 Million
Business & Opportunities

Kenya’s KCB Group Resumes Dividends After an 87% Profit Jump to $225 Million

August 23, 2024

KCB Group, under the leadership of CEO Paul Russo, is back to rewarding its shareholders with dividends after […]

Craig Arnold’s Eaton Shares Surpass $150 million in Value
Business & Opportunities / Featured Posts

Craig Arnold’s Eaton Shares Surpass $150 million in Value

August 23, 2024

Craig Arnold, one of America’s most notable Black CEOs, has seen his fortune rise significantly, with the market […]

Egyptian Billionaire Hani Berzi’s Edita Foods Stake Drops by $11.63 Million
Business & Opportunities / Editor's Pick

Egyptian Billionaire Hani Berzi’s Edita Foods Stake Drops by $11.63 Million

August 23, 2024

Egyptian billionaire Hani Berzi’s wealth has plummeted, with the market value of his share in Edita Foods Industries […]

Uganda: Umeme’s Shareholder Equity Declines by 14.4%
Business & Opportunities

Uganda: Umeme’s Shareholder Equity Declines by 14.4%

August 23, 2024

Umeme Limited, Uganda’s main electricity distributor chaired by Patrick Bitature, reported a 14.4 percent drop in shareholder ownership […]

Senegal ‘Agri-Influencers’ Seek To Shake Up Key Sector
Business & Opportunities

Senegal ‘Agri-Influencers’ Seek To Shake Up Key Sector

August 20, 2024

Crouched next to a pile of fresh mangoes, Senegalese farmer Mame Abdou Diop shoots a TikTok clip hoping […]

SA Billionaire Christo Wiese’s Shoprite Shares Increase by $107 Million
Business & Opportunities

SA Billionaire Christo Wiese’s Shoprite Shares Increase by $107 Million

August 19, 2024

Christo Wiese, a South African billionaire, has seen his wealth grow significantly, with his holding in Shoprite Holdings, […]

Kenyan Tycoon Gideon Muriuki’s Co-op Bank Posts 7% Profit Rise
Business & Opportunities

Kenyan Tycoon Gideon Muriuki’s Co-op Bank Posts 7% Profit Rise

August 19, 2024

Co-operative Bank of Kenya, led by Managing Director Gideon Muriuki, announced a 7% increase in net profit to […]

South African Mogul Laurie Dippenaar Nets $32.6 Million from FirstRand Shares
Business & Opportunities / Editor's Pick / Richest

South African Mogul Laurie Dippenaar Nets $32.6 Million from FirstRand Shares

August 19, 2024

Laurie Dippenaar, a South African business entrepreneur, has experienced a significant increase in the market value of his […]

MTN Posts First Loss Since 2016
Business & Opportunities / Technology

MTN Posts First Loss Since 2016

August 19, 2024

MTN Group, led by Zimbabwean executive Ralph Mupita, reported its first financial loss since 2016, mostly due to […]

Kenya Govt Plans To Reinstate Some Taxes To Raise $1.2 Bn
Business & Opportunities

Kenya Govt Plans To Reinstate Some Taxes To Raise $1.2 Bn

August 19, 2024

According to a government minister, the Kenyan government intends to raise approximately $1.2 billion by reintroducing some unpopular […]

Ted Baker To Close Remaining Stores In Britain And Ireland
Business & Opportunities

Ted Baker To Close Remaining Stores In Britain And Ireland

August 19, 2024

Ted Baker, the insolvent British apparel retailer, will close its last 31 stores in Britain and Ireland, laying […]

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