Discovery Health rises to the top: How Adrian Gore’s vision made it Africa's leading insurer
Discovery Health has consistently risen through the ranks, from fifth place in 2019 to becoming Africa's leading insurer in 2024.
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Discovery Health, linked to South African tycoon Adrian Gore, distributes over $32 million via wellness fund
With more than $32 million distributed to more than 485,000 medical aid members, the initiative underscores Discovery’s commitment to enhancing healthcare accessibility.
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Airtel Africa kicks off $100 million buyback program for shareholders
This initiative follows a similar $100 million buyback completed in March 2024, further underscoring Airtel Africa’s commitment to capital reduction and rewarding shareholders.
Safaricom plans to insure millions of mobile users to increase revenue
Safaricom’s entry into mobile phone insurance is part of its ongoing efforts to expand financial services across East Africa.
Holcim sells $100 million stake in Bamburi Cement to Tanzania’s Amsons Group
The move follows Amsons’ earlier purchase of an 18 percent stake in Bamburi Cement for $70 million after receiving regulatory approval.
Abdul Samad Rabiu faces $1.6 billion loss in BUA Cement as naira weakens
This underscores Nigerian investors' broader financial challenges amid currency volatility and economic uncertainty.