Timilehin Adejumobi

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Moroccan billionaire Anas Sefrioui
BillionairesBusiness

Moroccan billionaire Anas Sefrioui expands into pharmaceuticals with Servier deal

Anas Sefrioui’s Servier deal expands his pharmaceutical business as Pharma Capital seeks to acquire Servier’s Moroccan operations.

Timilehin Adejumobi Timilehin Adejumobi
PSG Building
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South African billionaire Mouton family’s PSG to delist from Stock Exchange of Mauritius

PSG Financial Services delisting from Mauritius takes effect Aug. 31 as the South African group cuts a low-activity dual listing.

Timilehin Adejumobi Timilehin Adejumobi
Hilton Saven, outgoing Chairman of Truworths
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South Africa’s Truworths chairman Hilton Saven to retire after 23 years

Truworths chairman Hilton Saven will retire after 23 years, with Hans Hawinkels set to succeed him after the Nov. 5 AGM.

Timilehin Adejumobi Timilehin Adejumobi
Petrobas
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Brazil’s Petrobras targets four offshore blocks in Ghana’s Keta Basin

Petrobras Ghana advances talks for four offshore blocks in the Keta Basin as Brazil’s state oil giant expands frontier exploration.

Timilehin Adejumobi Timilehin Adejumobi
ADNOC Distribution
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ADNOC to sell minority stake in Shell South Africa to Reatile Group

ADNOC Distribution will acquire Reatile Group’s stake in Shell South Africa, expanding its fuel retail and convenience business.

Timilehin Adejumobi Timilehin Adejumobi
Aldermore Bank
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FirstRand’s Aldermore sale draws CVC Partners as bidding race heats up

Aldermore sale attracts CVC as FirstRand prepares to exit its UK bank after a $997.2 million motor finance provision.

Timilehin Adejumobi Timilehin Adejumobi
Aliko Dangote, Africa’s richest man and founder of the Dangote Group
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Dangote offers 30% stake in new $16 billion refinery to East African nations  

Dangote refinery Kenya plan could give East African nations a 30% stake in the proposed $16 billion oil project.

Timilehin Adejumobi Timilehin Adejumobi
Stella Okoli, founder and CEO of Emzor Pharmaceutical Industries Limited
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Nigerian pharmacist Stella Okoli’s Emzor raises $20 million bond to boost drug production

Emzor $20 million bond will fund drug production, working capital and an antimalarial API plant in Nigeria.

Timilehin Adejumobi Timilehin Adejumobi
Trustco Group
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Trustco board survives U.S. investor Sean Riskowitz’s shareholder challenge

Trustco board survives a shareholder challenge led by U.S. investor Sean Riskowitz as governance and regulatory concerns persist.

Timilehin Adejumobi Timilehin Adejumobi
Prosus
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South African Billionaire Koos Bekker’s Prosus bets $100 million on India’s Navi

Prosus Navi investment puts $100 million into India’s fintech market, backing Navi ahead of a potential IPO and expanding its digital finance reach.

Timilehin Adejumobi Timilehin Adejumobi
Thetele Mashilwane, independent director of Mr Price
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Mr Price appoints Emma  Mashilwane as independent director   

Mr Price appoints Thetele Mashilwane as an independent director as the retailer strengthens its board amid NKD expansion.

Timilehin Adejumobi Timilehin Adejumobi
south-african-asset-manager-ninety-one
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Ninety One’s Africa credit fund reaches $404 million at final close

Ninety One Africa Credit Fund reaches $404 million, backing private credit and infrastructure projects across Africa and emerging markets.

Timilehin Adejumobi Timilehin Adejumobi