Tag: Featured

Sub-saharan Africa to benefit big from EU IFC funding
Hot News

Sub-Saharan Africa to benefit from $332 million EU-IFC funding deal

The EU and IFC launched a $332 million guarantee plan to unlock private investment for sustainable development, with big gains expected for Sub-Saharan Africa.

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Top 10 Founders driving Africa’s Tech revolution
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Mike Adenuga, before the billions, was Africa’s leading car stereo importer

From selling car stereos to building an empire, Mike Adenuga’s relentless drive and vision made him one of Africa’s wealthiest and most discreet billionaires.

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Morocco
Hot NewsTourism

Moroccan tourism posts record $11 billion revenue

Morocco’s tourism hit a record $11 billion in 2024, driven by surging arrivals, solid domestic efforts, and resilience across key economic sectors.

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African Supermarket Owners
BusinessHot News

Top 10 owners of supermarket chains in Africa

Africa’s retail tycoons have reshaped economies, built formidable supply chains, and created millions of jobs, driving regional integration and GDP growth.

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African banks with most branches
BusinessHot News

Top 15 largest banks in Africa by assets

Africa’s largest banks drive economic growth, anchoring trade, credit, and resilience across sectors with deep assets and cross-border strength.

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Sam Sithole
BusinessHot News

Sam Sithole: Sun International, Value Capital’s quiet strategist

Sam Sithole’s quiet leadership and sharp financial instincts have reshaped Sun International and Value Capital into pillars of South Africa’s corporate revival

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Libya's Central Bank
BusinessHot News

Top 10 countries with the highest Gross National Reserves

Gross national reserves shield currencies, bolster trade, and anchor economic resilience amid global shocks, sustaining investor confidence and policy space.

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MTN Group
BusinessHot News

Top 10 mobile operators in Africa

Africa’s top 10 mobile operators contribute 8% to the continent’s GDP, driving economic growth through digital services, mobile money, and financial inclusion.

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Edith Jiya
BusinessHot News

Edith Jiya’s ascent: Group CEO in Malawi to South Africa’s leadership

Edith Jiya, Old Mutual Malawi’s first female CEO, ascends to lead South Africa's Retail Mass Market, marking a milestone in African financial leadership.

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Africa's most indebted nations in 2024
BusinessHot News

Top 10 most indebted nations in Africa

Africa's external debt hit $1.15 trillion in 2024, with the top 10 nations accounting for 69% of the total, raising concerns about economic stability.

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Presco
BusinessHot News

Presco PLC posts over $50 million in earnings in 2024 as ownership transitions drive growth

Presco PLC posted a net profit of $50 million in 2024, doubling earnings as ownership shifted to Nigerian investors and revenues surged 103%.

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Eaton
Hot NewsTechnology

Eaton finalises $1.4 billion Fibrebond’s acquisition, eyes $110 million in 2025 EBITDA

Eaton completes $1.4 billion acquisition of Fibrebond, enhancing its power infrastructure solutions with a projected $110 million in adjusted EBITDA for 2025.

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