Tag: Featured

South Africa’s economy grows fastest in three years amid reforms

South Africa’s GDP grew 1.1 percent in 2025, its fastest pace in…

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Absa, South Africa’s third-biggest lender, boosts headline earnings to $1.52 billion

Absa’s headline earnings rise 12% to $1.52 billion, driven by stronger client…

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Aliko Dangote’s refinery just raised fuel prices by up to 34%. Here is why it had no choice

Aliko Dangote’s refinery raises petrol and diesel prices up to 34% as…

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IFC considers $40 million loan for Sawiris family’s Nile Sugar expansion in Egypt

IFC considers $40 million loan to support Sawiris family’s Nile Sugar expansion,…

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50 largest listed agribusiness companies in Africa

Shore Africa profiles 50 of Africa’s biggest listed farms and agribusinesses powering…

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Billionaire Tony Elumelu takes time off in France’s Biarritz after historic growth across his business empire

Nigerian billionaire Tony Elumelu takes a break in France following major financial…

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Pan African Resources expands Australia presence with $218 million acquisition

Pan African Resources to buy Emmerson Resources for $218 million, consolidating Tennant…

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Nigerian lender FCMB meets $360 million capital requirement, secures international banking license

FCMB meets $360 million capital requirement, earning an international banking license for…

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Africa’s 23 billionaires gain $20.3 billion; net worth hits $126.7 billion

Africa’s richest 23 gained $20.3 billion, with net worth reaching $126.7 billion…

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Nigeria’s Shoprite shuts all stores after 20 years despite local takeover

Shoprite Nigeria shuts all Nigerian outlets after two decades, ending local retail…

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Africa’s leading farm, Crookes Brothers, mourns loss of CFO and director Farzanah Mall

Crookes Brothers mourns CFO Nigel Naidoo and director Farzanah Mall, honoring their…

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Kenyan tycoon Baloobhai Patel set for $1.6 million Absa Kenya dividend

Kenyan investor Baloobhai Patel is set to earn $1.6 million after Absa…

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