Business

George Elombi takes Afreximbank helm, vows to transform African trade

In a historic moment for African economic sovereignty, Dr. George Elombi was officially invested as President and Chairman…

Equity Group launches 2024 Sustainability Report on Africa’s transformation

Equity Group Holdings Plc marked a significant milestone with the launch of its fourth annual Sustainability Report for…

Goldman Sachs to acquire Industry Ventures for up to $965m

Goldman Sachs, a landmark agreement to acquire Industry Ventures, a leading venture capital platform, for up to $965…

Coronation Group and FNB Ghana celebrate Customer Service Week

Coronation Group and First National Bank Ghana are marking Customer Service Week with a vibrant celebration under the…

Tanzania:CRDB Bank, GIZ launch Sh3bn Fund for entrepreneurs

The CRDB Bank Foundation (CBF), in collaboration with the German development agency GIZ, unveiled a transformative Sh3 billion…

Stanbic Bank PMI: Uganda’s private sector improves since February

Ugandan businesses maintained strong growth in August, marking the seventh straight month of private sector expansion, according to…

Milu Kipimo leads Bolt Business South Africa

Bolt Business has named Tanzanian executive Milu Kipimo as its new country manager for South Africa, a move…

Alain Nkontchou buys Nedbank’s Ecobank stake for $100m

Alain Nkontchou, former chairman of Ecobank Transnational Incorporated, has purchased a 21.2% stake in the pan-African bank from…

Absa, Network International to enhance fleet, commercial cards in Africa

Absa Business Banking has teamed up with Network International, a leading digital commerce enabler in the Middle East…

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Access Holdings pledges $100m to boost Zambia’s energy, agriculture

Access Holdings Plc has committed to financing transformative projects in Zambia’s energy and agriculture sectors, following a high-level…

Mantra drives $1.2bn uranium project in Tanzania

Mantra Tanzania Limited has reaffirmed its commitment to transforming the socio-economic landscape of Namtumbo District in Ruvuma Region,…

Tanzania’s Edhah Munif buys $5.56m stake in Kenya’s EAPC

Tanzanian billionaire Edhah Abdallah Munif has bolstered his dominance in East Africa’s cement industry by acquiring a 29.2%…

Yango Group opens Regional HQ in Abidjan to drive African expansion

UAE-based tech giant Yango Group has launched a new regional office in Abidjan, Ivory Coast, to serve as…

‎Ecobank to sell Mozambique stake to FDH Bank in strategic move

Ecobank Transnational Incorporated has announced a strategic agreement to divest its stake in Ecobank Mozambique S.A. to FDH…

UAC of Nigeria to Acquire Chivita  Hollandia from Coca-Cola Company

 UAC of Nigeria PLC (UAC) has announced plans to acquire Chivita | Hollandia (CHI Limited), a leading Nigerian…

DSE and AfriCapital partner to improve Tanzania’s capital market

The Dar es Salaam Stock Exchange (DSE) and AfriCapital Holdings signed a strategic Memorandum of Understanding (MoU) today,…

M-Pesa Foundation invests Ksh.50m to transform Chekombero special school

The M-Pesa Foundation has unveiled a Ksh. 50 million upgrade to Chekombero Special School in Sabatia Constituency, Vihiga…

AAR Insurance launches ‘AAR on the Go’ Branch in Nairobi

AAR Insurance has expanded its reach with the launch of its 11th branch, ‘AAR on the Go,’ at…