Tag: Business

Vodacom, Africa’s communications giant, hits $15 billion market cap

Vodacom hits $15B market cap, driven by FY2025 growth, pan-African expansion, and…

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10 African countries hit by Donald Trump’s US travel ban and visa restrictions

Trump expands U.S. visa and travel bans to 10 African countries, sparking…

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Naspers becomes Africa’s first $50 billion company

Naspers hits $50 billion valuation, driven by Tencent gains, AI momentum, and…

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Attijariwafa bank: Morocco’s biggest company is now worth over $15 billion

Attijariwafa bank posts strong 2024 growth, boosting profits, assets, and market share…

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FirstRand tops Capitec to become Africa’s most valuable bank

With a market cap of $22.9 billion, FirstRand overtakes Capitec as Africa’s…

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Nigeria’s NNPC moves closer to landmark IPO, but timeline unclear

The move aligns with Nigeria’s Petroleum Industry Act (PIA) of 2021, which…

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Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top…

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South Africa becomes MTN’s biggest market as Nigeria revenue, earnings decline

The shift highlights the economic and regulatory pressures hampering telecom operations in…

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Tanzania’s biggest bank, NMB, sees $100 million market value increase in first 25 days of 2025

NMB’s broad footprint in Tanzania, with 231 branches, 715 ATMs, and 7.1…

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U.S. blacklist of China’s gaming giant wipes out $3.8 billion from Africa’s most valuable company

This decline reflects a ripple effect from Tencent’s own struggles, with the…

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Paradise under threat: Africa’s safest tourist haven could run out of water by April

If the situation doesn't improve by April, the island could find itself…

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Africa’s biggest Island, Madagascar, sees surge in passenger demand, driven by leisure tourism growth

As the country’s tourism sector continues to rebound post-pandemic, there has been…

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