Tag: Featured

How late Herbert Wigwe engineered and safeguarded his global fortune

Herbert Wigwe built a global fortune using trusts, offshore firms and 106 London properties to protect wealth and ensure long-term control.

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5 richest Arab families in 2026 ranked by net worth

Five richest Arab families in 2026 leverage energy, real estate, and telecoms to build multibillion-dollar empires and global influence.

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Nigeria’s Moniepoint expands into Kenya, targets SME banking growth

Moniepoint acquires 78% of Sumac Microfinance Bank, expanding SME banking and operations in Kenya under Tosin Eniolorunda.

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Funds managed by British billionaire Stephen Butt in Tiger Brands hits $390 million

Stephen Butt controls a $390 million stake in Tiger Brands, cementing Silchester’s quiet influence in South Africa’s consumer sector.

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Kenyan businessman John Kimani to receive Ksh105.1 million dividend from Kakuzi

Kenyan businessman John Kibunga Kimani to receive Ksh105.1 million dividend from Kakuzi as profits rebound in 2025.

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Nigeria’s FCMB limits exposure in fraud attempt

FCMB blocks N2.4 billion ($1.73 million) in fraud attempt, limiting exposure as Nigeria strengthens digital banking security.

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Anna Mokgokong: South African businesswoman behind billion-dollar investment group, CIH

From selling sandwiches to leading a $1.1 billion group, Anna Mokgokong rose to shape South Africa’s healthcare, mining, and ICT sectors.

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Namibia Breweries posts $36.9 million profit, boosts dividend amid resilient demand

Namibia Breweries profit jumps 47% to NAD632 million ($36.9 million) as cost discipline and margin gains offset weak consumer demand.

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Mauritius-based African Frontier Capital gets IFC backing for $125 million off-grid solar financing platform

IFC weighs $30 million loan to African Frontier Capital platform to expand off-grid solar access and mobilize $125 million funding.

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IFC backs Banco Industrial with $850 million to boost Guatemala’s banking sector

IFC plans $850 million financing for Banco Industrial to strengthen Guatemala’s banking sector and deepen capital markets.

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Chairman of the world’s largest brewer, Martin Barrington to retire after nearly a decade on board

AB InBev Chairman Martin Barrington will retire April 29, ending nearly a decade overseeing strategy, governance and global growth.

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MTN taps Noluthando Gosa for South Africa board role amid governance expansion

MTN appoints Noluthando Gosa to its South Africa board, strengthening governance and strategic oversight in its largest market.

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