Tag: Featured

Brait trims Premier stake, raises $63M
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Brait raises $63 million from Premier Group share sale, trims stake to 24.3%

Brait raises $63 million selling Premier shares, cuts stake to 24.3%, boosting…

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Del Monte Kenya IQF line
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Del Monte Kenya adds $4 million solar-powered IQF line to boost exports

Del Monte Kenya launches $4 million IQF line, boosting frozen fruit exports,…

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Seplat Energy posts $2.73 billion revenue in 2025 on output boost

Seplat Energy reports $2.73 billion revenue in 2025 as offshore and onshore…

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Africa’s richest heirs
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Africa’s 20 richest heirs leading billion-dollar empires

Africa’s richest heirs are reshaping billion-dollar empires, driving governance, expansion, and next-generation…

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Africa could add $17 billion, 3.3 million jobs by doubling seafood production

Doubling Africa’s seafood production could add $17 billion to GDP and create…

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Nigerian billionaire Abdul Samad Rabiu’s BUA Cement profit nearly quintuples to $260 million

Nigerian billionaire Abdul Samad Rabiu's posts $260 million profit, up 379%, driven…

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Malawi’s richest investors
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Malawi’s 20 richest investors and their investments

Malawi’s 15 richest investors shape banking, agriculture, telecoms and infrastructure across one…

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Nassef Sawiris Orascom stake $475 million
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Nassef Sawiris crosses $10 billion as Orascom stake climbs to $475 million

Nassef Sawiris’ Orascom stake climbs to $475 million after Abu Dhabi shift,…

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Over 400 Nestlé employees in South Africa face layoffs

Nestlé starts layoffs in South Africa, part of a global restructuring affecting…

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Vukile Islazul Madrid acquisition
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Vukile, led by South African REIT specialists, acquires Islazul Shopping Centre in Madrid

Vukile acquires Madrid’s Islazul Shopping Centre for €202 million ($238.4 million), expanding…

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MTN Nigeria tax bill 2025
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Karl Toriola-led MTN Nigeria posts $3.8 billion in revenue, returns to profitability

MTN Nigeria posts $3.8 billion revenue in 2025, reversing losses as data,…

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Parkville Pharmaceuticals Egypt investment
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Egypt’s Parkville Pharmaceuticals gets investment from Proparco, Adenia and DEG

Proparco, Adenia and DEG acquire majority stake in Egypt’s Parkville to boost…

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