Tag: Featured

MTN eyes full IHS Towers ownership deal
TechnologyBusiness

Why MTN is targeting a takeover of IHS Holdings

MTN plans $2.76 billion buyout of IHS Towers’ remaining 75%, aiming full control over Africa telecom infrastructure.

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Tlou Energy grid connection
BusinessHot News

Botswana tycoon Anthony Gilby’s Tlou Energy nears first grid connection

Tlou Energy, led by Anthony Gilby, nears first grid access as Lesedi substation hits 90% completion, unlocking gas-fired power in Botswana.

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Econet InfraCo IPO
TechnologyHot News

Econet’s InfraCo targets $1 billion valuation in VFEX listing

Econet plans a VFEX listing, valuing its new InfraCo at $1 billion in Zimbabwe’s biggest-ever IPO, signaling a milestone for capital markets.

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TechnologyHot News

Redtech, backed by Tony Elumelu, plans $100m raise for Africa expansion

Redtech, backed by Tony Elumelu, plans a $100 million raise to expand digital payments across Africa.

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Victoria Falls Stock Exchange
Hot NewsBusiness

15 most valuable stocks on Victoria Falls Stock Exchange

Victoria Falls Stock Exchange’s top 15 stocks offer US-dollar stability, gold gains, and frontier-market growth in Zimbabwe.

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BusinessHot News

Nigeria’s cement battle heats up as Lafarge Africa plans plant expansions

Lafarge Africa plans to expand its Ashaka and Sagamu plants, lifting capacity to 13 million tonnes as competition with Dangote and BUA Cement intensifies.

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Econet InfraCo IPO
TechnologyHot News

Why Cassava Technologies targets liquidity with stake sale in one of its crown jewels

Cassava plans a minority sale in Africa Data Centres to STANLIB to unlock liquidity, ease Liquid’s debt burden and improve refinancing flexibility.

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Top Capitec Bank shareholders
BusinessHot News

Meet top Capitec Bank shareholders controlling $12.3 billion in shares

Capitec Bank’s biggest shareholders control $12.3 billion in stock, reflecting the South African lender’s scale, profits and investor confidence.

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BusinessHot News

Nigeria’s Aradel posts over $290 million profit in 2025 on energy expansion

Aradel Holdings posts $290 million profit in 2025, fueled by energy expansion and rising oil, gas, and refining revenue.

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Fawry $57.6 million profit
TechnologyHot News

Fawry to keep stake in Bosta after planned IPO

Fawry plans to retain its stake in logistics startup Bosta after its planned EGX listing, underscoring confidence in Egypt’s fast-growing digital economy.

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Solar panels
TechnologyHot News

Africa’s solar capacity jumps 54 percent in 2025, led by South Africa and Nigeria

Africa’s solar capacity jumped 54 percent in 2025, driven by South Africa, Nigeria, and Egypt’s rapid installations.

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TechnologyHot News

Ethiopia joins Africa’s mobile payment boom with 58 million digital wallet users

Ethiopia is emerging as a major mobile payments market, with 58 million digital wallet users and mobile transactions rising sharply.

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