Coca-Cola Beverages Africa helps 50 women and youth grow businesses in Manica

Coca-Cola Beverages Africa trains 50 women and young entrepreneurs in Mozambique, helping them build businesses and support local economic growth.

Oluwatosin Alao Oluwatosin Alao

Nairobi Securities Exchange plans East Africa’s first AI-focused ETF

Nairobi AI ETF aims to give East African investors access to global AI leaders as NSE plans the region's first AI-focused ETF.

Timilehin Adejumobi Timilehin Adejumobi

France, UK to lead Zimbabwe’s $23 billion debt restructuring effort

France and the United Kingdom are set to take a leading role in Zimbabwe’s efforts to restructure its $23 billion debt burden, marking a significant step in Harare’s push to restore access to international financing and rebuild relations with global creditors.  The two European nations will co-chair Zimbabwe’s new Debt Consultative Group (DCG), a platform expected to coordinate negotiations between…

Oluwatosin Alao Oluwatosin Alao

South Africa’s lithium rush sparks backlash from farmers over land and water

South Africa’s lithium boom faces farmer opposition as mining expansion raises concerns over farmland, water security and rural livelihoods.

Oluwatosin Alao Oluwatosin Alao

Sanlam’s assets under management hit $4 billion, delivers $208 million

Sanlam’s assets near $4 billion as insurer posts $208 million return, underscoring resilience of conservative investment strategy.

Feyisayo Ajayi Feyisayo Ajayi

World’s richest Black person Aliko Dangote’s refinery targets $5 billion listing after $2.5 billion pitch

Aliko Dangote targets a $5 billion refinery IPO after a $2.5 billion private placement as the mega refinery prepares to list.

Omokolade Ajayi Omokolade Ajayi

IHS shareholders approve MTN’s $6.2 billion-backed merger in decisive EGM vote

IHS shareholders approve MTN’s $6.2 billion-backed merger, advancing a deal set to reshape Africa’s telecom tower ownership.

Feyisayo Ajayi Feyisayo Ajayi

Robert Gumede’s Vision Group targets $1.1 billion acquisition of sugar leader Illovo

Robert Gumede’s Vision Group targets a $1.1 billion acquisition of Illovo Sugar to build an African-owned agribusiness giant.

Omokolade Ajayi Omokolade Ajayi

PIC CEO Patrick Dlamini to resume duties after court overturns suspension 

PIC CEO Patrick Dlamini will return after a court overturned his suspension, ruling the board lacked authority to remove him.

Timilehin Adejumobi Timilehin Adejumobi

Elon Musk’s SpaceX revenue jumps 92% to $7.8 billion, beats expectations

SpaceX revenue climbed 92 percent to $7.8 billion, beating estimates as Starlink expanded despite heavy AI infrastructure spending.

Omokolade Ajayi Omokolade Ajayi

Femi Otedola targets 51% stake in First HoldCo after record N6 trillion market cap

Femi Otedola plans to raise his First HoldCo stake to 51 percent after the lender became Nigeria’s first bank to reach a N6 trillion market cap.

Omokolade Ajayi Omokolade Ajayi

KCB Bank Kenya to secure up to $150 million from IFC for MSME growth 

KCB Bank Kenya may secure up to $150 million from IFC to boost capital and expand MSME lending, with a focus on women-led businesses.

Feyisayo Ajayi Feyisayo Ajayi