Tag: Featured

Top 15 brokerage firms by value traded on Egyptian Exchange

Top 15 brokers drive Egypt’s trading surge, executing EGP12.5 billion as retail and foreign investors reshape the Egyptian Exchange.

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Capitec edges FirstRand to become Africa’s most valuable bank as earnings seen up to 25%

Capitec Bank becomes Africa’s top bank as shares rise and earnings are expected to jump 25 percent.

Omokolade Ajayi Omokolade Ajayi

Ethiopian Airlines, Africa’s largest carrier, posts $4.4 billion revenue in H1 2026

Africa’s largest carrier reports $4.4 billion revenue in H1 2026, with strong passenger and cargo growth despite operational challenges.

Omokolade Ajayi Omokolade Ajayi

El Ezaby Pharmacies targets 2027 IPO on Egypt’s EGX in major healthcare listing plan

El Ezaby Pharmacies targets 2027 IPO on Egypt’s EGX, signaling a major healthcare retail listing.

Feyisayo Ajayi Feyisayo Ajayi

Naivas, Kenya’s largest retail chain, gets $1.03 million for 2025 protest losses

Naivas receives $1.03 million from CIC Insurance for 2025 protest losses, underscoring rising costs for Kenya’s largest supermarket chain.

Omokolade Ajayi Omokolade Ajayi

Discovery co-founder Adrian Gore gains nearly $40 million from stock rally

Discovery co-founder Adrian Gore gains nearly $40 million as shares rally, pushing his net worth toward $700 million.

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European Investment Bank funds Namibia lithium expansion at Uis Mine with $2.4 million

EIB backs Andrada Mining with $2.4 million to advance Namibia’s Uis lithium expansion, boosting EU battery supply ambitions.

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20 of Africa’s richest hotel chain owners in 2026

Africa’s richest hotel chain owners are building multibillion-dollar hospitality empires across luxury, business and eco-tourism markets.

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Jumia posts $818.6 million merchandise sales in 2025

Jumia records $818.6 million in 2025 merchandise sales, boosting revenue and narrowing losses as Africa’s top e-commerce platform grows.

Omokolade Ajayi Omokolade Ajayi

20 Kenyan firms and the multi-millionaire women behind them

Kenya’s top women entrepreneurs are reshaping banking, manufacturing, healthcare and energy with scalable, impact-driven firms.

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Dangote Petroleum Refinery lowers petrol prices by 3% despite global oil squeeze

Dangote Petroleum Refinery cuts petrol prices by 3 percent to N774 per liter, undercutting imports amid global supply tensions.

Omokolade Ajayi Omokolade Ajayi

Nigerian oil tycoon Mohammed Indimi gains $35 million from Jaiz Bank shares in 40 days

Mohammed Indimi’s Jaiz Bank stake gained over $35 million in 40 days as shares surged nearly 80% on the Nigerian Exchange in 2026.

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