Majority ownership benefits Archives

South Africa’s Nedbank secures 77% backing for $856 million NCBA acquisition in Kenya

Nedbank secures 77% backing for its $856 million NCBA stake acquisition, advancing a cross-border deal to expand into Kenya’s fast-growing banking market.

Feyisayo Ajayi May 4, 2026

Amadou Diallo, Senegalese executive and CEO of Aramex.

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Senegalese executive Amadou Diallo named CEO of logistics giant Aramex

Amadou Diallo takes over as Aramex CEO as the $1.73 billion logistics group seeks steadier earnings and growth.

Omokolade Ajayi May 4, 2026

Business Hot News

Egypt increases gas prices for industries as energy costs fluctuate

Egypt raises natural gas prices for key industries as it adjusts subsidies and manages rising energy import costs under IMF program.

Omokolade Ajayi May 4, 2026

Business Hot News

Marvin Ellison earns $22 million as Lowe’s CEO, cementing position among top Black executives

Marvin Ellison earns $21.6 million in 2025 as Lowe’s posts strong revenue growth, reflecting performance-linked executive compensation.

Feyisayo Ajayi May 4, 2026

Business Hot News

PIC joins top investors in Spear REIT, acquires $22 million stake

PIC has acquired a $22 million stake in Spear REIT, securing 6.557% holding and ranking among top five shareholders in a regulatory filing.

Feyisayo Ajayi May 3, 2026

Tag: Majority ownership benefits

Why it pays for African private equity to control everything

South Africa’s Nedbank secures 77% backing for $856 million NCBA acquisition in Kenya

Senegalese executive Amadou Diallo named CEO of logistics giant Aramex

Egypt increases gas prices for industries as energy costs fluctuate

Marvin Ellison earns $22 million as Lowe’s CEO, cementing position among top Black executives

PIC joins top investors in Spear REIT, acquires $22 million stake

South Africa’s Nedbank secures 77% backing for $856 million NCBA acquisition in Kenya

Senegalese executive Amadou Diallo named CEO of logistics giant Aramex

Egypt increases gas prices for industries as energy costs fluctuate

South Africa’s Nedbank secures 77% backing for $856 million NCBA acquisition in Kenya

Senegalese executive Amadou Diallo named CEO of logistics giant Aramex

Egypt increases gas prices for industries as energy costs fluctuate

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