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Tag: First Assurance

Absa Group

Business Banking

Absa sells Kenyan insurance business in major ownership change

Absa sells Kenyan insurance business as First Assurance acquires two insurers; Absa Bank Kenya retains distribution links too.

Timilehin Adejumobi November 9, 2026

Yoco secures $97 million from Victory Park Capital

Business Technology

Yoco secures $97 million from Victory Park Capital to fund African businesses

Yoco secured $97.42 million from Victory Park Capital to expand merchant financing and help South African small businesses access capital.

Oluwatosin Alao November 9, 2026

De Beers

Mining Business

Botswana plans to double De Beers stake to 30% as Anglo American exits

Botswana De Beers stake will double to 30% as Anglo American prepares to sell its controlling interest in the diamond giant.

Timilehin Adejumobi November 9, 2026

Anel Bosman

Business Executives Hot News

Nedbank’s executive Anel Bosman sells nearly $1 million in shares days after NCBA board appointment

Nedbank executive Anél Bosman has sold 52,500 shares worth nearly $1 million days after joining NCBA’s board as a non-executive director.

Feyisayo Ajayi November 9, 2026

Absa Group

Business Banking

Absa sells Kenyan insurance business in major ownership change

Absa sells Kenyan insurance business as First Assurance acquires two insurers; Absa Bank Kenya retains distribution links too.

Timilehin Adejumobi November 9, 2026

MTN

Hot News Business

MTN Rwanda’s 9-month profit surges 130% to $20.5 million on fintech, data surge

MTN Rwanda’s profit jumped 130% to $20.52 million in nine months, driven by MoMo gains, expanding data usage, and disciplined cost management.

Omokolade Ajayi November 9, 2026

Yoco secures $97 million from Victory Park Capital

Business Technology

Yoco secures $97 million from Victory Park Capital to fund African businesses

Oluwatosin Alao November 9, 2026

De Beers

Mining Business

Botswana plans to double De Beers stake to 30% as Anglo American exits

Timilehin Adejumobi November 9, 2026

Anel Bosman

Business Executives Hot News

Nedbank’s executive Anel Bosman sells nearly $1 million in shares days after NCBA board appointment

Feyisayo Ajayi November 9, 2026

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