Business
By
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…
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…
