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MTN Ghana secures $202 million spectrum award to bolster 5G network

MTN Ghana secures $202 million in spectrum licences to expand 5G coverage, increase network capacity and strengthen broadband services nationwide.

Feyisayo Ajayi Feyisayo Ajayi
South African billionaire Patrice Motsepe.
BillionairesHot NewsMarkets

Africa’s first Black billionaire Patrice Motsepe loses $400 million in mining rout

Patrice Motsepe’s net worth has fallen by $400 million to $3.3 billion as weaker mining stocks pressure his African Rainbow…

Omokolade Ajayi Omokolade Ajayi
Egyptian entrepreneur Mounir Nakhla
FintechEntrepreneursMarkets

Egyptian entrepreneur Mounir Nakhla drives MNT-Halan to Egypt’s biggest IPO since 2021

Nakhla and Ahmed Mohsen founded MNT-Halan in 2017, building the business from a financial-services startup into one of Egypt’s largest…

Omokolade Ajayi Omokolade Ajayi
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Ecobank CIBS
BusinessGlobal NewsHot NewsLatestMarkets

Ecobank joins Africa’s yuan-clearing race 102 days after Standard Bank

Ecobank has signed a CIPS agreement to expand yuan payment services across Africa, following Standard Bank’s entry into renminbi clearing.

Feyisayo Ajayi Feyisayo Ajayi
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Jude Chiemeka, NGX Limited CEO & President ASEA.
BusinessExecutivesMarkets

NGX CEO Jude Chiemeka takes helm of African Securities Exchanges

Jude Chiemeka takes over as ASEA president, putting Nigeria at the center of Africa's push for deeper capital markets.

Timilehin Adejumobi Timilehin Adejumobi
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in2food, Woolworths
BusinessHot NewsLatestMarkets

Woolworths acquires South African food producer in2food to strengthen premium food business

Woolworths will acquire South African food producer in2food after regulatory approval, strengthening its premium food business and supply chain.

Feyisayo Ajayi Feyisayo Ajayi
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Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria.
MarketsBusinessHot News

Dangote Refinery opens $300 million IPO stake to East Africa

Dangote Refinery targets $300.4 million from East African investors through nearly 20 percent of its planned $1.6 billion IPO.

Omokolade Ajayi Omokolade Ajayi
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Pretoria-born Elon Musk
MarketsBusinessHot News

Pretoria-born Elon Musk regains world’s only trillionaire crown after $65 billion gain

Elon Musk has reclaimed his title as the world’s sole trillionaire after his net worth jumped $65 billion on Monday to hit $1.04 trillion.

Omokolade Ajayi Omokolade Ajayi
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BIG BOM
MarketsLatest

South African entrepreneur Hamint Daya wins court protection in BIG BOM trade dispute

South African entrepreneur Hamint Daya wins court protection for BIG BOM after a ruling halts rival POP GUM imports and sales over trademark claims.

Feyisayo Ajayi Feyisayo Ajayi
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Woolworths South Africa
BusinessMarkets

Woolworths to roll out new-generation stores across South Africa

Woolworths stores are set to expand across South Africa as the retailer invests in new formats, food outlets and personalised shopping.

Timilehin Adejumobi Timilehin Adejumobi
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Airtel Money IPO
MarketsHot News

IFC commits $90 million to Airtel Money IPO as African fintech targets London listing

IFC commits up to $90 million to Airtel Money’s proposed London IPO, backing Africa’s fintech expansion and financial inclusion ambitions worldwide.

Feyisayo Ajayi Feyisayo Ajayi
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South African executive Raisibe Morathi
ExecutivesHot NewsMarkets

Limpopo-born executive Raisibe Morathi’s Vodacom stake tops $5 million

Vodacom CFO Raisibe Morathi’s direct shareholding in the telecom giant tops $5.02 million following long-term executive incentive vestings.

Omokolade Ajayi Omokolade Ajayi
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