Johann Rupert – Africa’s Second-Richest Man, Departs from FirstRand with $218Million Turnover
Africa’s corporate landscape is quietly reshaping itself as one of its most influential business figures - Johann Rupert, steps back...
Business
Morocco’s Conglomerate – Akwa Group, Strategically Ventures into Seawater Desalination
Morocco’s Akwa Group is reshaping its industrial strategy, pivoting toward water security, cleaner production and regional expansion, in a move...
Olam Agri Launches $50 Million Soybean Processing Plant in Kwara State, a Nigeria’s Drive to Industrialize Agriculture
Global agribusiness giant Olam Agri has opened a $50 million soybean crushing plant and feed mill in Ilorin, unveiling what...
African Development Fund Approves CFA 1.7 Billion to Strengthen Private Sector Competitiveness in WAEMU Nations
The project will also deliver targeted support, including training of trainers, to 80 small and medium-sized enterprises (SMEs) that are...
Somalia’s Fragile Currency System and the Tussle to Sustain Daily Trade with Stitched-Banknotes
More than three decades after civil war dismantled Somalia’s central institutions, the country continues to operate under one of the...
Kholo Capital and Tensai provide R275 million to support Management Buy-Out (“MBO”) of Isambane Mining
The transaction enables the company's management team to acquire 100% ownership of the business, strengthening operational control and positioning Isambane...
Africa is Giving Attention to Strait of Gibraltar, Defining its Own ‘Strait of Hormuz’
Renewed geopolitical tensions along vital shipping corridors are prompting a rethink of how goods, energy and people move between continents....
Africa’s Waste Recycling Revolution, Breeding a Circular New Economy
Across African cities, where landfills once symbolized neglect, a quiet economic-transformation is taking root, driven by street-level entrepreneurs, waste pickers...
Middle East Crisis Ripple Effect on Most African Currencies, Pressuring Households
As conflict in the Middle East drags further into 2026, its effects are being felt far beyond the region, quietly...
Afreximbank Secures $2bn Three-Year Dual-Tranche Syndicated Loan, Indicating Robust Investor’s Confidence
Proceeds from the facility, concluded on 9 March 2026, will be used by Afreximbank to refinance existing facilities and for...
