Tag: Featured

Cameroonian Cyrille Nkontchou’s Enko Education secures $22 million from Standard Bank for African expansion

Enko Education secures $22 million from Standard Bank to expand across Africa, boosting access to high-quality, global education.

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IFC invests $45 million in clean telecom power to boost Africa connectivity

IFC commits $45 million to IPT PowerTech to expand clean telecom power, boosting connectivity across Ethiopia, Liberia, and Sierra Leone.

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Nigeria’s fintech unicorn Moniepoint acquires restaurant management platform Orda

Nigeria’s fintech unicorn Moniepoint Orda, boosting Moniebook as transactions hit $300.39 billion in 2025.

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Kenya Airways’ bookings climb, providing temporary relief from $2.4 billion liabilities

Kenya Airways sees seat occupancy near full capacity, offering temporary relief from $2.4 billion in liabilities.

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Sandile Zungu: KZN businessman behind South Africa’s $10 billion lottery, sports license

KwaZulu-Natal businessman Sandile Zungu leads South Africa’s $10 billion National Lottery and Sports Pools license.

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Nigerian monarch Lamido Sanusi’s MTN earnings reach N1.5 billion over seven years

Nigerian monarch Lamido Sanusi earned N1.5 billion from MTN over seven years, blending traditional leadership with corporate influence.

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Egyptian mogul Safwan Thabet hit by $40.8 million loss from Juhayna stake

Safwan Thabet loses $40.75 million in 46 days as Juhayna shares drop 14.45%, dragging down the value of his majority stake.

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10 of Africa’s richest hotel owners in 2026

Africa’s richest hotel owners are reshaping luxury hospitality, driving tourism growth and building world-class hotel empires across the continent.

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Egypt to pay $1.3 billion in oil company arrears by June amid energy crunch

Egypt plans $1.3 billion arrears payment to international oil firms by June, easing energy strains and boosting investor confidence.

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Equity Group emerges Kenya’s most valuable brand in global ranking

Equity Group tops Kenya’s most valuable brands as profit rises 54.6 percent and regional growth drives earnings diversification.

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Aliko Dangote’s refinery becomes key as Europe, Africa face fuel supply strain

Aliko Dangote’s $20 billion Lagos refinery becomes a key jet fuel source amid global supply chain pressures.

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South Africa’s largest single-phase solar project secures Standard Bank backing

Standard Bank backs South Africa’s 475MW Notsi solar project, powering 140,000 homes and boosting Africa’s renewable growth.

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