Kenyan executive Peter Ndegwa leads Safaricom to record $388 million half-year profit

Safaricom posted a record $387.61 million profit under Peter Ndegwa as M-PESA revenue surged and Ethiopian losses dropped sharply.

Omokolade Ajayi November 6, 2026

Hot News Business

Ethiopia leaps into Africa’s top 5 economies as revised GDP tops $210 billion

A sweeping GDP rebasing lifts Ethiopia’s economic output to $210.7 billion, propelling the nation into Africa’s five largest economies as debt talks loom.

Omokolade Ajayi November 6, 2026

Business Companies Hot News

Uganda’s DOTT Services gets $28 million for $550 million regional EPC pipeline

Afreximbank provides Uganda’s DOTT Services with $28 million to execute a $550 million infrastructure pipeline across four African markets.

Feyisayo Ajayi November 6, 2026

Business Companies Hot News

Stephen Saad’s Aspen repurchases $164 million in shares after completing $221 million Ovestin sale

Aspen repurchases $164 million in shares after completing its $221 million Ovestin sale, advancing its capital allocation strategy.

Feyisayo Ajayi November 5, 2026

Tourism Business

Kruger National Park grapples with $29.2 million funding gap after floods

Kruger National Park faces a $29.2 million funding gap as flood recovery puts South Africa's tourism infrastructure under pressure.

Timilehin Adejumobi November 5, 2026

Tag: UBA CEO

UBA CEO Oliver Alawuba says economic indicators point to Nigeria’s stabilisation journey

Kenyan executive Peter Ndegwa leads Safaricom to record $388 million half-year profit

Ethiopia leaps into Africa’s top 5 economies as revised GDP tops $210 billion

Uganda’s DOTT Services gets $28 million for $550 million regional EPC pipeline

Stephen Saad’s Aspen repurchases $164 million in shares after completing $221 million Ovestin sale

Kruger National Park grapples with $29.2 million funding gap after floods

Kenyan executive Peter Ndegwa leads Safaricom to record $388 million half-year profit

Ethiopia leaps into Africa’s top 5 economies as revised GDP tops $210 billion

Uganda’s DOTT Services gets $28 million for $550 million regional EPC pipeline

Categories

About Us

Our Team