Business

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…

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…

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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…