Tag: Featured

Sterling HoldCo: A Story of Quiet Strength, Stakeholder Confidence

Sterling HoldCo raises N200 billion, boosts Sterling Bank and Alternative Bank, signaling investor confidence and regulatory compliance.

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Cameroonian tech investor Eunice Ajim seeks $20 million to back Africa’s next fintech winners

Cameroonian tech entrepreneur and investor Eunice Ajim seeks $20 million to back Africa’s next generation of fintech startups.

Omokolade Ajayi Omokolade Ajayi

Cameroonian Cyrille Nkontchou’s Enko Education secures $22 million from Standard Bank for African expansion

Enko Education secures $22 million from Standard Bank to expand across Africa, boosting access to high-quality, global education.

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IFC invests $45 million in clean telecom power to boost Africa connectivity

IFC commits $45 million to IPT PowerTech to expand clean telecom power, boosting connectivity across Ethiopia, Liberia, and Sierra Leone.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s fintech unicorn Moniepoint acquires restaurant management platform Orda

Nigeria’s fintech unicorn Moniepoint Orda, boosting Moniebook as transactions hit $300.39 billion in 2025.

Omokolade Ajayi Omokolade Ajayi

Kenya Airways’ bookings climb, providing temporary relief from $2.4 billion liabilities

Kenya Airways sees seat occupancy near full capacity, offering temporary relief from $2.4 billion in liabilities.

Omokolade Ajayi Omokolade Ajayi

Sandile Zungu: KZN businessman behind South Africa’s $10 billion lottery, sports license

KwaZulu-Natal businessman Sandile Zungu leads South Africa’s $10 billion National Lottery and Sports Pools license.

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Nigerian monarch Lamido Sanusi’s MTN earnings reach N1.5 billion over seven years

Nigerian monarch Lamido Sanusi earned N1.5 billion from MTN over seven years, blending traditional leadership with corporate influence.

Omokolade Ajayi Omokolade Ajayi

Egyptian mogul Safwan Thabet hit by $40.8 million loss from Juhayna stake

Safwan Thabet loses $40.75 million in 46 days as Juhayna shares drop 14.45%, dragging down the value of his majority stake.

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10 of Africa’s richest hotel owners in 2026

Africa’s richest hotel owners are reshaping luxury hospitality, driving tourism growth and building world-class hotel empires across the continent.

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Egypt to pay $1.3 billion in oil company arrears by June amid energy crunch

Egypt plans $1.3 billion arrears payment to international oil firms by June, easing energy strains and boosting investor confidence.

Omokolade Ajayi Omokolade Ajayi

Equity Group emerges Kenya’s most valuable brand in global ranking

Equity Group tops Kenya’s most valuable brands as profit rises 54.6 percent and regional growth drives earnings diversification.

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