Mauritius’ IBL moves to consolidate financial assets under new holding structure
Mauritius-based IBL plans to consolidate banking and insurance assets under a fully…
25 startups and firms that closed in Africa in 2025
2025 saw 25 African companies close as funding, costs, and regulatory pressures…
Angola’s Banco Millennium Atlantico secures $17.6 million to fund food imports
Banco Millennium Atlântico secured a $17.6 million Proparco guarantee to support food…
How African billionaires buy everything in the company’s name
African billionaires use trusts and corporate vehicles to buy assets, gaining tax…
Crown Beverages Mauritius targets Kenya’s $3.7 billion beverage market with Pepsi expansion
Crown Beverages ramps up Kenya expansion with Ksh30 million ($190,000) Fizzmas push…
Kenya’s $38.8 billion mega infrastructure plan receives interest from private sectors
Kenya’s $38.8 billion 10-year infrastructure plan is drawing private capital for roads,…
Mauritius-based group, FMB Capital’s income tax amounts to $42.3 million across its operating countries
FMB Capital paid $42.3 million in income taxes in 2024, with profits…
How African billionaires use high-cash-value policies to grow generational wealth
As African fortunes grow, billionaires turn to high-cash-value policies, real estate and…
Afrirent’s contribution to South Africa’s hospitality sector and real estate
South African businessman Senzo Tsabedze has grown Afrirent into a black-owned force…
FMB Capital, Mauritius banking arm, claims top spot on Malawi bourse with $4.8 billion valuation
FMB Capital overtakes Standard Bank Malawi to become the Malawi Stock Exchange’s…
How 8 West Africa’s economies run on one Central Bank
Eight West African states share one central bank, using the CFA franc…
10 most attractive capital cities in Africa
Africa’s capital cities are emerging as hubs for investment, tourism and culture,…
