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MCB climate financing Africa
Featured

MCB secures $100 million climate financing facility to drive green growth in Africa

MCB secures $100 million, 10-year climate facility to fund renewable energy and resilience projects across Africa, deepening its green finance push.

Feyisayo Ajayi Feyisayo Ajayi
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Alami Lazraq ADI stake loss
Alami Lazraq ADI stake loss

Moroccan real estate mogul Alami Lazraq faces $118 million loss as ADI shares slump

Moroccan tycoon Alami Lazraq loses $118.3 million as ADI shares fall, cutting his stake value below $550 million on Casablanca Bourse.

Feyisayo Ajayi Feyisayo Ajayi
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equity-group-center-building-nairobi-kenya
capital injection

Equity Group boosts Tanzanian subsidiary with $19.8 million capital injection

Equity Group commits $19.8 million to its Tanzanian subsidiary, strengthening its balance sheet and expanding lending capacity

Timilehin Adejumobi Timilehin Adejumobi
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Flutterwave logo representing Africa’s most valuable tech unicorn.
Featured

Flutterwave, gains Nigerian banking license as lifetime payments top $50 billion

Flutterwave secures banking license after surpassing $50 billion in lifetime payments, marking a major shift into lending and deposits across Africa.

Omokolade Ajayi Omokolade Ajayi
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MTN mobile money separation Ghana
Featured

MTN completes mobile money separation in Ghana, advances fintech strategy

MTN completes Ghana mobile money separation, meeting regulations and advancing fintech growth strategy across Africa.

Feyisayo Ajayi Feyisayo Ajayi
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FCMB

Nigerian lender FCMB, state government provide $1.1 million to support youth farmers

FCMB, Oyo State fund 1,000 youth agripreneurs with $1.1 million to boost agribusiness and create scalable enterprises.

Omokolade Ajayi Omokolade Ajayi
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International Monetary Fund
Africa growth

IMF backs Rwanda with $250 million deal to boost economic growth

IMF agreement positions Rwanda to sustain strong growth while reinforcing fiscal discipline and macroeconomic stability

Timilehin Adejumobi Timilehin Adejumobi
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Rose Ada Okwechime investments
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Rose Ada Okwechime takes lead in Nigeria’s mortgage sector with $10.3 million stake in Abbey Mortgage Bank

Nigerian mortgage pioneer Rose Ada Okwechime holds $10.3 million stake in Madonna Ashib, shaping Nigeria’s mortgage and financial services sector.

Feyisayo Ajayi Feyisayo Ajayi
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Khalifa Rabiu with $271 million BUA Foods stake, steps into Nigeria’s wealthy ranks.
Abdul Samad Rabiu

Abdul Samad Rabiu’s son, Khalifa, to receive $9.6 million from BUA Foods

Nigerian billionaire Abdul Samad Rabiu’s son, Khalifa Rabiu, to receive N13.2 billion ($9.6 million) from BUA Foods’ record dividend payout.

Omokolade Ajayi Omokolade Ajayi
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