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Top 5 billion-dollar companies on Dar es Salaam Stock Exchange

Five billion-dollar firms dominate Dar es Salaam exchange, driving liquidity, investor confidence, and Tanzania’s capital market growth.

Feyisayo Ajayi Feyisayo Ajayi
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Emaar Misr Building
African luxury housing

Emaar Misr unveils $1.1 billion residential project in Egypt

Emaar Misr unveils $1.1bn Belle Vie project near Cairo with villas, apartments, and premium amenities targeting rising demand

Timilehin Adejumobi Timilehin Adejumobi
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Elsewedy Electric Saudi substations
Elsewedy Electric Saudi substations

Egypt’s Elsewedy Electric expands Saudi grid with six high-voltage substations

Elsewedy Electric delivers six substations in Saudi Arabia, boosting grid reliability and supporting rising power demand across key regions.

Feyisayo Ajayi Feyisayo Ajayi
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Mary Vilakazi, First female Chief Executive Officer of FirstRand, South Africa’s $30 billion banking group.
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Mary Vilakazi: First female CEO of South Africa’s $30 billion lender, FirstRand

Mary Vilakazi oversees FirstRand, positioning the group at the center of Africa’s expanding financial services industry.

Omokolade Ajayi Omokolade Ajayi
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Centum share buyback Kenya
Centum share buyback Kenya

Kenyan investment firm Centum completes share buyback, acquires 10.8 million shares

Centum completes share buyback, acquiring 10.8 million shares to strengthen capital structure and boost long-term shareholder value.

Feyisayo Ajayi Feyisayo Ajayi
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Heineken building
African breweries

Heineken exits Congo, sells brewery stake after decades in market

Heineken sells its Congo brewery stake to ELNA Holdings, ending decades in DRC after conflict disrupts operations in the east.

Timilehin Adejumobi Timilehin Adejumobi
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Fani Titi Investec compensation 2025
Fani Titi Investec salary 2025

Fani Titi earns $4.51 million as Investec CEO pay drops 36% in 2025

Investec CEO Fani Titi earns $4.51 million in 2025, as compensation drops 35.9% on weaker long-term incentives despite steady leadership.

Feyisayo Ajayi Feyisayo Ajayi
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Wema Bank fraud losses Nigeria
Banking risk

Wema Bank records $5.3 million fraud exposure as insider risks climb in Nigeria

The figures mark a sharp increase from 2024, when fraud exposure stood at N255.9 million ($188,000), with losses limited to N29.4 million ($21,500).

Editorial Team Editorial Team
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Fani Titi Investec compensation 2025
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Investec secures $200 million IFC loan to scale green housing finance in South Africa

Investec secures $200 million IFC loan to expand green housing finance and accelerate low-carbon property development in South Africa.

Feyisayo Ajayi Feyisayo Ajayi
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