Tag: Featured

Top 25 most valuable stocks on Nairobi Stock Exchange H1 2025
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Top 25 most valuable stocks on Nairobi Securities Exchange, H1 2025

NSE’s top 25 stocks by market value in H1 2025 show Kenya’s rising capital markets and investor sentiment trends.

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South African contractor Aveng swings to loss of $55.2 million as infrastructure drags in 2025
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South African contractor Aveng swings to loss of $55.2 million as infrastructure drags in 2025

Aveng swung to a AUD92.3 million ($59.94 million) loss in FY2025 as weaker infrastructure markets hit revenue despite stronger cash balances.

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Co-op Bank Kenya half-year profit hits $109.1 million
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Co-op Bank Kenya half-year profit hits $109.1 million

Co-op Bank of Kenya posted $109.1 million H1 profit, lifted by digital growth, asset expansion, and strong shareholder returns.

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IFC’s $10.07 million bet on Pollman’s parent Safari Holdings takes shape
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IFC’s $10.07 million bet on Pollman’s parent Safari Holdings takes shape

IFC plans $10.07 million equity in Safari Holdings, parent of Pollman’s, bolstering East Africa’s safari tourism platform.

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PK Investments strengthens MAS stake with acquisition
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PK Investments lifts stake in MAS to $349.5 million in acquisition bid

PK Investments boosts MAS stake to 36.3%, securing near-majority control with €115m cash bid in strategic acquisition.

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Nigerian telecom mogul Bashir Ahmad El-Rufai’s stake hit $7.7 million in IHS
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Nigerian telecom mogul Bashir Ahmad El-Rufai’s stake hit $7.7 million in IHS

Bashir Ahmad El-Rufai’s IHS Towers stake surged to $7.7 million in 2025, driven by a 110% share price rally.

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Fawry delivers H1 revenue of $78 million under Ashraf Sabry
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Fawry delivers H1 revenue of $78 million under Ashraf Sabry

Fawry’s H1 revenue jumped 63.8% to $77.5 million, with profit nearly doubling as Egypt’s shift to cashless payments accelerates.

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Top 15 largest office buildings in Africa
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Top 15 largest office buildings in Africa

Africa’s tallest office towers fuse striking architecture with economic ambition, reshaping skylines from Egypt to South Africa.

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Nedbank acquires fintech iKhokha in $94.3 million SME growth push
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Nedbank acquires fintech iKhokha in $94.3 million SME growth push

Nedbank to buy fintech iKhokha for $94.3 million, boosting SME digital services, inclusive finance and fintech growth in South Africa.

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Sirius boosts UK footprint with $136.4 million Hartlebury deal
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Sirius boosts UK footprint with $136.4 million Hartlebury deal

Sirius Real Estate expands UK BizSpace portfolio with $136.4 million Hartlebury deal, boosting assets, revenue, and Midlands market presence.

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Shoprite Holdings, Africa’s largest retailer
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Top 10 largest food companies in Africa by revenue

Africa’s top 10 food companies drive growth with billions in revenue, diverse products, and strong presence across multiple nations.

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Deneb Investments unit to sell Durban industrial park for $9.6 million
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Deneb’s Sargas $2.73 million Durban industrial property sale collapses

Deneb’s Sargas unit scraps $2.73 million Durban industrial property sale after buyer fails to meet key deposit condition.

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