Tag: Featured

Paul Deuchar, long-serving head of Investec Investment Management, who oversaw growth of nearly $24 billion in assets under management.
BusinessHot News

Paul Deuchar to step down after building Investec AUM to nearly $24 billion

Investec veteran Paul Deuchar steps down after growing assets to nearly $24 billion, with Ryan Friedman named successor.

Omokolade Ajayi Omokolade Ajayi
global inflation 2026
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Global inflation surge in 2026 halts rate cuts, raises risk of new hikes

Global commodity shock fuels new inflation risks, forcing central banks to pause rate cuts as households brace for rising costs.

Feyisayo Ajayi Feyisayo Ajayi
African family-owned businesses growth
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20 family-owned giants powering Africa’s industrial growth

Family-owned businesses drive Africa’s growth, blending long-term vision, resilience and capital to shape industries and expand across markets.

Feyisayo Ajayi Feyisayo Ajayi
IFC TBC Leasing $40 million loan
Global NewsHot News

IFC targets Georgia leasing sector with $40 million MSME loan after 20 years

IFC eyes $40 million loan to TBC Leasing, targeting MSME growth and rural financing gaps in Georgia’s evolving leasing sector.

Feyisayo Ajayi Feyisayo Ajayi
Africa agricultural trade finance gap
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MCB raises $400 million bond as investor demand hits $800 million

Mauritius Commercial Bank raises $400 million bond, attracting $800 million orders to fund Africa expansion and sustainable finance growth.

Feyisayo Ajayi Feyisayo Ajayi
Femi Otedola, Nigerian billionaire and chairman of First HoldCo, the parent company of First Bank of Nigeria.
BillionairesBusinessHot News

Nigerian billionaire Femi Otedola’s stake in First Hold Co nears $500 million

Femi Otedola’s 18.12 percent stake in First HoldCo nears $500 million as shares rally, lifting confidence in First Bank’s parent company.

Omokolade Ajayi Omokolade Ajayi
Aiyesimoju NGX portfolio growth
BusinessHot News

Nigeria’s youngest dealmaker, Folasope Aiyesimoju, tops $90 million on UACN share rally

Folasope Aiyesimoju, Nigeria’s youngest dealmaker, tops $90M as UAC shares rally, boosting holdings amid strong NGX performance and dividends.

Feyisayo Ajayi Feyisayo Ajayi
Minkama's Chococam acquisition
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Cameroonian investor Fabricio Ndjodo’s Minkama Capital nears $76 million Chococam takeover

Minkama Capital nears takeover of Chococam, pending regulatory approvals, marking a shift toward local ownership of Cameroon’s cocoa processor.

Feyisayo Ajayi Feyisayo Ajayi
Capitec dividend 2026
BillionairesBusinessHot News

South African billionaire Michiel Le Roux set for $64 million Capitec dividend

Michiel Le Roux set for $64 million payout as Capitec boosts dividend on stronger earnings and rising digital banking growth.

Feyisayo Ajayi Feyisayo Ajayi
Capitec Bank
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South Africa’s Capitec profit tops $1 billion as customers reach record 26 million

Capitec posts its first annual profit above $1 billion as its clients rise to a record 26 million, driven by lending and digital services.

Omokolade Ajayi Omokolade Ajayi
Reinet NAV decline 2026
BillionairesBusinessHot News

South African billionaire Johann Rupert’s Remgro exits FirstRand with $515 million sale

Remgro exits FirstRand after R8.47 billion ($515 million) share sales, unlocking capital for new investments as the group reshapes its portfolio.

Feyisayo Ajayi Feyisayo Ajayi
Jamil Abubakar, Dangote Group infrastructure and logistics chief, appointed as Aliko Dangote expands trade and logistics operations across Africa.
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Aliko Dangote’s son-in-law, Jamil Abubakar, takes leadership role at Dangote Group

Jamil Abubakar becomes Dangote Group infrastructure and logistics chief as Aliko Dangote expands African trade network.

Omokolade Ajayi Omokolade Ajayi