Kenyan businessman SK Macharia’s firm regains lead, overtakes President Ruto-linked Amaco

Directline Assurance, owned by SK Macharia regains Kenya’s PSV insurance lead after strong Q1 2026 results, overtaking Ruto-linked Amaco in a shifting market.

Feyisayo Ajayi July 14, 2026

Business Hot News

AfDB backs Egypt’s Dandara solar project with $66 million financing

Dandara solar project receives $66 million AfDB funding to boost Egypt’s renewable energy, storage capacity and green industry growth.

Timilehin Adejumobi July 14, 2026

Tourism Business

Egyptian billionaire Hisham Talaat Moustafa’s TMG bets big on tourism with hotel expansion

TMG hotel expansion plans aim to double Egypt’s luxury hotel portfolio as Hisham Talaat Moustafa targets tourism growth.

Timilehin Adejumobi July 14, 2026

Business Hot News

Banque Misr, MSMEDA launch $10 million microenterprise fund

Banque Misr, MSMEDA launch $10 million fund to finance 2,500 microenterprises, boosting access to credit and accelerating Egypt’s push to formalize informal businesses.

Feyisayo Ajayi July 14, 2026

Africa’s 10 richest billionaires in July 2026

Billionaires Business Hot News

Africa’s 10 richest billionaires now worth $106.4 billion after $6.2 billion gain

Africa’s top 10 billionaires see their combined wealth jump to $106.4 billion, driven by massive stock market gains from Aliko Dangote and BUA Group.

Omokolade Ajayi July 14, 2026

Tag: Bank of Tanzania

Tanzania strengthens gold reserves as Central Bank buys 28 tons

Kenyan businessman SK Macharia’s firm regains lead, overtakes President Ruto-linked Amaco

AfDB backs Egypt’s Dandara solar project with $66 million financing

Egyptian billionaire Hisham Talaat Moustafa’s TMG bets big on tourism with hotel expansion

Banque Misr, MSMEDA launch $10 million microenterprise fund

Africa’s 10 richest billionaires now worth $106.4 billion after $6.2 billion gain

Kenyan businessman SK Macharia’s firm regains lead, overtakes President Ruto-linked Amaco

AfDB backs Egypt’s Dandara solar project with $66 million financing

Egyptian billionaire Hisham Talaat Moustafa’s TMG bets big on tourism with hotel expansion

Kenyan businessman SK Macharia’s firm regains lead, overtakes President Ruto-linked Amaco

AfDB backs Egypt’s Dandara solar project with $66 million financing

Egyptian billionaire Hisham Talaat Moustafa’s TMG bets big on tourism with hotel expansion

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