Crookes Brothers will sell its Mozambique macadamia businesses for $2 after recording a $19 million loss and mounting debt obligations.

Feyisayo Ajayi September 19, 2026

Azania Bank secures a $10 million facility from Afreximbank to expand SME financing and support Tanzanian exporters.

Timilehin Adejumobi September 19, 2026

Co-op Bank, Fanaka partnership gives Kenyans a new path to property ownership, financing land and residential or commercial development.

Timilehin Adejumobi September 19, 2026

South African businessman Don Ncube loses $5.2 million as Kinetiko Energy shares fall 47%, cutting the value of his stake sharply in 2026.

Feyisayo Ajayi September 19, 2026

South Africa’s PetroSA moves to block a $37.2 million liquidation attempt by Nako Energy, mounting a formal legal defense to protect its operations.

Omokolade Ajayi September 19, 2026

Tag: Tanzanian SMEs

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