25 business icons shaping Africa’s finance sector

Africa’s financiers are redefining banking, insurance, and capital markets, driving inclusion and growth across the continent.

Feyisayo Ajayi Feyisayo Ajayi

Motsepe-backed Tyme Group renames SA unit GoTyme Bank after $1.5B success

Tyme Group renames its SA unit GoTyme Bank, unifying global operations and enhancing digital banking services.

Omokolade Ajayi Omokolade Ajayi

Why MTN is targeting a takeover of IHS Holdings

MTN plans $2.76 billion buyout of IHS Towers’ remaining 75%, aiming full control over Africa telecom infrastructure.

Feyisayo Ajayi Feyisayo Ajayi

Botswana tycoon Anthony Gilby’s Tlou Energy nears first grid connection

Tlou Energy, led by Anthony Gilby, nears first grid access as Lesedi substation hits 90% completion, unlocking gas-fired power in…

Feyisayo Ajayi Feyisayo Ajayi

Econet’s InfraCo targets $1 billion valuation in VFEX listing

Econet plans a VFEX listing, valuing its new InfraCo at $1 billion in Zimbabwe’s biggest-ever IPO, signaling a milestone for…

Feyisayo Ajayi Feyisayo Ajayi

Redtech, backed by Tony Elumelu, plans $100m raise for Africa expansion

Redtech, backed by Tony Elumelu, plans a $100 million raise to expand digital payments across Africa.

Omokolade Ajayi Omokolade Ajayi

15 most valuable stocks on Victoria Falls Stock Exchange

Victoria Falls Stock Exchange’s top 15 stocks offer US-dollar stability, gold gains, and frontier-market growth in Zimbabwe.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s cement battle heats up as Lafarge Africa plans plant expansions

Lafarge Africa plans to expand its Ashaka and Sagamu plants, lifting capacity to 13 million tonnes as competition with Dangote…

Omokolade Ajayi Omokolade Ajayi

Why Cassava Technologies targets liquidity with stake sale in one of its crown jewels

Cassava plans a minority sale in Africa Data Centres to STANLIB to unlock liquidity, ease Liquid’s debt burden and improve…

Feyisayo Ajayi Feyisayo Ajayi

Meet top Capitec Bank shareholders controlling $12.3 billion in shares

Capitec Bank’s biggest shareholders control $12.3 billion in stock, reflecting the South African lender’s scale, profits and investor confidence.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s Aradel posts over $290 million profit in 2025 on energy expansion

Aradel Holdings posts $290 million profit in 2025, fueled by energy expansion and rising oil, gas, and refining revenue.

Omokolade Ajayi Omokolade Ajayi

Fawry to keep stake in Bosta after planned IPO

Fawry plans to retain its stake in logistics startup Bosta after its planned EGX listing, underscoring confidence in Egypt’s fast-growing…

Feyisayo Ajayi Feyisayo Ajayi

Africa’s solar capacity jumps 54 percent in 2025, led by South Africa and Nigeria

Africa’s solar capacity jumped 54 percent in 2025, driven by South Africa, Nigeria, and Egypt’s rapid installations.

Omokolade Ajayi Omokolade Ajayi

Ethiopia joins Africa’s mobile payment boom with 58 million digital wallet users

Ethiopia is emerging as a major mobile payments market, with 58 million digital wallet users and mobile transactions rising sharply.

Omokolade Ajayi Omokolade Ajayi

Dipula Protea Gardens Mall Soweto deal boosts long-term value

Dipula’s $30 million Protea Gardens Mall deal boosts income stability, rental growth, and portfolio defensiveness in Soweto’s retail market.

Feyisayo Ajayi Feyisayo Ajayi

South African billionaire Tshepo Mahloele’s Capitec Bank stake surpasses $2 billion

South African tycoon Tshepo Mahloele’s Capitec Bank stake tops $2 billion as strong investor sentiment drives a sharp share price…

Feyisayo Ajayi Feyisayo Ajayi

Mauritius-based flower farm to receive $13 million for expansion in Ethiopia, Kenya

Mauritius-based Star Bright Holdings is set to receive $13 million from IFC to expand flower farms in Kenya and Ethiopia…

Omokolade Ajayi Omokolade Ajayi

How Bryan Acheampong’s Rock City Hotel is transforming Ghanaian hospitality

Ghana’s Bryan Acheampong is reshaping African hospitality with Rock City Hotel, a 2,700-room mega resort redefining tourism and conferences.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s oldest food companies that still feed millions today

Africa’s oldest food companies survived wars, inflation and political change, shaping resilient industries that still feed millions across generations.

Feyisayo Ajayi Feyisayo Ajayi

Morocco freezes $1 billion LNG project after King Mohammed VI meeting

Morocco pauses $1 billion Mediterranean LNG terminal after King Mohammed VI meeting, refocusing energy transition and gas infrastructure plans.

Omokolade Ajayi Omokolade Ajayi

Ghana turns to Dangote refinery for fuel as Nigeria boosts regional

Nigeria’s Dangote Refinery will export fuel to Ghana, boosting West Africa’s energy…

Omokolade Ajayi Omokolade Ajayi

MAG Group bets big on Africa mining and infrastructure expansion

MAG Group positions itself as a major private player in Africa’s mining…

Timilehin Adejumobi Timilehin Adejumobi

Historic city icon: Sarova Stanley’s enduring luxury in Nairobi

Sarova Stanley Nairobi pairs over a century of heritage with refined luxury…

Timilehin Adejumobi Timilehin Adejumobi