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Namibia Breweries profit growth
Featured

Namibia Breweries posts $36.9 million profit, boosts dividend amid resilient demand

Namibia Breweries profit jumps 47% to NAD632 million ($36.9 million) as cost discipline and margin gains offset weak consumer demand.

Feyisayo Ajayi Feyisayo Ajayi
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Sun King-Ethiopia $150 million solar energy expansion Deal
Ethiopia solar

Sun King to invest $150 million in Ethiopia solar energy expansion

Sun King’s $150M push into Ethiopia targets rapid solar adoption through PAYG financing and last-mile distribution networks

Timilehin Adejumobi Timilehin Adejumobi
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KCB BANK
Export growth

KCB Group backs Kenya leather industry with new strategic partnerships

KCB signs deals to unlock Kenya’s leather sector, boosting exports and SME financing

Timilehin Adejumobi Timilehin Adejumobi
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IFC African Frontier Capital solar financing
Featured

Mauritius-based African Frontier Capital gets IFC backing for $125 million off-grid solar financing platform

IFC weighs $30 million loan to African Frontier Capital platform to expand off-grid solar access and mobilize $125 million funding.

Feyisayo Ajayi Feyisayo Ajayi
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IFC Banco Industrial $850 million financing
Featured

IFC backs Banco Industrial with $850 million to boost Guatemala’s banking sector

IFC plans $850 million financing for Banco Industrial to strengthen Guatemala’s banking sector and deepen capital markets.

Feyisayo Ajayi Feyisayo Ajayi
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AB InBev chairman retirement
AB InBev chairman retirement

Chairman of the world’s largest brewer, Martin Barrington to retire after nearly a decade on board

AB InBev Chairman Martin Barrington will retire April 29, ending nearly a decade overseeing strategy, governance and global growth.

Feyisayo Ajayi Feyisayo Ajayi
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Noluthando Gosa MTN South Africa board
Featured

MTN taps Noluthando Gosa for South Africa board role amid governance expansion

MTN appoints Noluthando Gosa to its South Africa board, strengthening governance and strategic oversight in its largest market.

Feyisayo Ajayi Feyisayo Ajayi
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Standard Bank share awards
African investment banking

Standard Bank Group plans $6 billion corporate banking revenue growth by 2028

Standard Bank CEO Sim Tshabalala eyes $6 billion CIB revenue by 2028, boosting Africa growth amid rising infrastructure and trade demand.

Feyisayo Ajayi Feyisayo Ajayi
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Christo Wiese

South African billionaire Christo Wiese to receive $11.3 million dividend from Shoprite

South African billionaire Christo Wiese to receive $11.3 million interim dividend from Shoprite for his 10.67% stake.

Omokolade Ajayi Omokolade Ajayi
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