Tag: Featured

Tencent AI setbacks in China wipe $8.26 billion off Naspers’ market cap

Naspers loses $8.26 billion in market value as Tencent’s AI setbacks deepen,…

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Cell C reports $355.8 million revenue in first interim results after JSE listing

Cell C posts $355.8 million interim revenue after JSE debut, signaling operational…

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Nigeria’s largest brewer returns to profit as revenue tops $1 billion

Nigerian Breweries returns to profit as revenue tops $1.08 billion, reversing prior…

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Orascom Construction revenue jumps 55% to $5.1 billion in 2025

Orascom Construction reports $5.1 billion 2025 revenue as backlog, profit and U.S.…

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Strive Masiyiwa, Zimbabwe’s richest man, rebuilds net worth to $1.5 billion

Strive Masiyiwa rebuilds wealth to $1.5 billion with AI, fintech, and renewable…

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Coty posts $3.26 billion revenue in Sue Nabi’s final year

Coty revenue drops to $3.26 billion after Sue Nabi exit, driven by…

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15 richest African women in mining industry

African women are reshaping mining, building billion-dollar mineral empires across gold, coal,…

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Thousands of jobs at risk as South Africa’s Tongaat Hulett faces liquidation

Thousands of jobs are at risk as South African sugar producer Tongaat…

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South Africa’s richest man Johann Rupert gains $900M; net worth rises to $19.1B

South Africa’s Johann Rupert sees fortune rebound by $900 million, lifting his…

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IHS Towers sells Brazilian fiber network to TIM for $453 million

IHS Towers exits Brazil fiber market, selling $453 million I-Systems stake to…

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CIC Group raises $14 million from Kenya land sales, boosting liquidity

CIC Group raises $13 million from Tatu City, Kajiado land sales, boosting…

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Foreign investors targeted for $2B Kenya Airways rescue as Ethiopian Airlines posts $4.4B revenue

Kenya Airways plans $2 billion investment; Ethiopian Airlines reports $4.4 billion revenue,…

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