Tag: Featured

IHS CEO Sam Darwish sells $710,000 shares after MTN $6.2 billion deal

IHS Holding CEO Sam Darwish sells $710,000 in shares under trading plan, signaling routine equity move tied to compensation.

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IFC backs Atlas Tower Kenya’s expansion with $30 million debt proposal

IFC weighs $30 million debt for Atlas Tower Kenya to expand telecom infrastructure and deploy green energy across underserved regions.

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Tolbi secures IFC support to improve Senegal maize yields

IFC backs $600,000 advisory project to boost Senegal’s maize productivity, supporting AgTech firm Tolbi and strengthening food security.

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Malawi’s 10 most profitable listed companies in 2025

Malawi Stock Exchange firms post $523.8 million profit in 2025, led by banks, telecoms, and Illovo Sugar’s strong earnings growth.

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UBA Group, BII partner to unlock trade finance across Africa

UBA, BII join to expand trade finance across Africa, bridging $80 billion gap and boosting SMEs via AfCFTA opportunities.

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Elsewedy Electric’s Rowad begins major logistics upgrade at Riyadh airport

Elsewedy Electric’s Rowad begins major Riyadh airport upgrade, boosting cargo capacity and advancing Saudi Arabia’s logistics ambitions.

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Namibia’s investment agency gets IFC advisory program funding  to unlock private capital

IFC funds Namibia advisory program to boost private investment and develop bankable projects across key sectors.

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Kenyan tycoon Gideon Muriuki set for $2.3 million Co-op Bank Kenya dividend

Kenyan tycoon Gideon Muriuki set for $2.3 million dividend as Co-op Bank Kenya posts stronger earnings, higher profits, and expanded customer base.

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Zenith Bank hits $3.3 billion market cap under Adaora Umeoji as Nigeria’s most valuable bank

Zenith Bank reaches $3.3 billion market cap under Adaora Umeoji, becoming Nigeria’s most valuable bank with global expansion plans.

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South Africa’s Exxaro reports $461 million earnings in 2025 as coal drives growth

Exxaro Resources Limited reports $461 million earnings in 2025 as coal output, exports and disciplined costs support growth.

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IFC Kenya2Equal initiative targets gender gaps in Kenya’s private sector

IFC launches Kenya2Equal, a three-year initiative to close gender gaps and boost women’s participation in Kenya’s private sector.

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IFC eyes $200 million financing for Bank of Georgia to expand MSME lending

IFC considers $200 million financing for Bank of Georgia to expand MSME lending, boost financial inclusion, and support rural enterprise growth.

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