East Africa Finance Archives

Jiji expands beyond Africa with Bangladesh’s Bikroy acquisition deal

Jiji, the Lagos-based classifieds marketplace, has acquired Bangladesh’s Bikroy in a move that extends its business beyond Africa for the first time. The deal comes just 13 months after Jiji entered Bangladesh, where it positioned itself as a direct competitor to Bikroy and other local platforms. Chief executive Anton Volianskyi said the transaction was financed through internal resources and shareholder…

Oluwatosin Alao May 13, 2026

Business Hot News

Transnet opens South Africa rail network to Grindrod, Minrail

Transnet opens South Africa’s freight rail network to private operators including Grindrod and Minrail to ease export bottlenecks.

Timilehin Adejumobi May 13, 2026

Business Hot News

MeTL plans $50 million Kenya soda plant to challenge Coca-Cola in East Africa

MeTL plans $50 million Kenya soda plant to challenge Coca-Cola and PepsiCo in East Africa through Mo Cola expansion strategy push into market

Feyisayo Ajayi May 13, 2026

Airtel Africa continues expanding mobile and digital services across African markets as subscriber growth accelerates.

Business Hot News Technology

Airtel Africa profit tops $800 million as data, mobile money growth accelerates

Airtel Africa's profit rose to $813 million as data usage and mobile money growth boosted revenue to $6.41 billion.

Omokolade Ajayi May 13, 2026

FirstRand plans UK exit after $1 billion motor-finance hit

Business Global News

South Africa’s FirstRand exits UK market after $1 billion setback

FirstRand Ltd., a leading financial services group is preparing to step back from the UK after a sharp rise in compensation costs tied to a motor-finance mis-selling review pushed it to reassess its overseas exposure. FirstRand is now working with advisers, including Bank of America and its own investment-banking arm, RMB, to explore the potential sale of its UK subsidiary,…

Oluwatosin Alao May 13, 2026

Tag: East Africa Finance

Equity Group boosts Tanzanian subsidiary with $19.8 million capital injection

KCB Group expands into fintech with strategic stake in Pesapal

Jiji expands beyond Africa with Bangladesh’s Bikroy acquisition deal

Transnet opens South Africa rail network to Grindrod, Minrail

MeTL plans $50 million Kenya soda plant to challenge Coca-Cola in East Africa

Airtel Africa profit tops $800 million as data, mobile money growth accelerates

South Africa’s FirstRand exits UK market after $1 billion setback

Jiji expands beyond Africa with Bangladesh’s Bikroy acquisition deal

Transnet opens South Africa rail network to Grindrod, Minrail

MeTL plans $50 million Kenya soda plant to challenge Coca-Cola in East Africa

Jiji expands beyond Africa with Bangladesh’s Bikroy acquisition deal

Transnet opens South Africa rail network to Grindrod, Minrail

MeTL plans $50 million Kenya soda plant to challenge Coca-Cola in East Africa

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