African retail market exits Archives

Cloud9 buys M-Tickets as East Africa’s fintech entertainment market grows

Cloud9 acquires M-Tickets, targeting Africa’s fast-growing events economy

Cloud9, a fintech startup aimed at providing digital banking, payments and savings for young Africans, has acquired digital ticketing platform M-Tickets. The move signals a further consolidation in a sector that has expanded quickly as Kenya’s growing middle class looks for easier ways to access live entertainment. In cities such as Nairobi, more consumers now buy tickets on mobile phones,…

Oluwatosin Alao May 4, 2026

Egyptian billionaire Naguib Sawiris, one of Africa's richest individuals.

Billionaires Business Hot News

Egyptian billionaire Naguib Sawiris’ net worth hits $11.3 billion as $400 million flows into gold

Egyptian billionaire Naguib Sawiris boosts wealth to $11.3 billion as $400 million flows into gold, strengthening his mining portfolio.

Omokolade Ajayi May 4, 2026

Business Hot News

Kenya’s richest banker James Mwangi’s stake in Equity Group tops $70 million

James Mwangi’s Equity Group stake tops $70 million as shares rally, boosting wealth and reinforcing investor confidence in the lender.

Feyisayo Ajayi May 4, 2026

Business Hot News

Egypt’s real estate push gets $500 million boost from Gulf investors

Egypt’s property sector gains a $500 million boost as Delta Capital and UAE investors launch mixed-use projects.

Timilehin Adejumobi May 4, 2026

Business Hot News

South Africa’s Metair secures $198 million debt refinance, extends maturity to 5 years

Metair refinances $198 million debt, extending maturity to five years to ease pressure and support capital spending ahead of FY2026 shift.

Feyisayo Ajayi May 4, 2026

Tag: African retail market exits

Why Shoprite exited 7 African markets but keeps its SADC stronghold

Cloud9 acquires M-Tickets, targeting Africa’s fast-growing events economy

Egyptian billionaire Naguib Sawiris’ net worth hits $11.3 billion as $400 million flows into gold

Kenya’s richest banker James Mwangi’s stake in Equity Group tops $70 million

Egypt’s real estate push gets $500 million boost from Gulf investors

South Africa’s Metair secures $198 million debt refinance, extends maturity to 5 years

Cloud9 acquires M-Tickets, targeting Africa’s fast-growing events economy

Egyptian billionaire Naguib Sawiris’ net worth hits $11.3 billion as $400 million flows into gold

Kenya’s richest banker James Mwangi’s stake in Equity Group tops $70 million

Cloud9 acquires M-Tickets, targeting Africa’s fast-growing events economy

Egyptian billionaire Naguib Sawiris’ net worth hits $11.3 billion as $400 million flows into gold

Kenya’s richest banker James Mwangi’s stake in Equity Group tops $70 million

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