Capitec Bank transforms into fintech powerhouse, expands with Capitec Connect’s mobile success
Capitec Bank, once a "bank for the unbanked," has evolved into a leading fintech firm, driven by the explosive growth of Capitec Connect, South Africa's fastest-growing mobile operator, and a 36.8-percent surge in half-year profits.
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Nigerian-American billionaire Adebayo Ogunlesi bids for Eni stake in Nigeria’s Renaissance JV
Bayo Ogunlesi is bidding for Eni’s 5% Renaissance JV stake, as Nigerian investors push deeper into assets left by foreign majors.
Belgian-Congolese billionaire George Forrest bets $2.8bn on Kinsuka dam to light up Kinshasa
Groupe Forrest and Great Lake Energy are advancing a 900 MW Kinsuka hydropower project designed to cut blackouts in Kinshasa and supply mines.
Kenyan tycoon Francis Njogu's Gulf Energy secures $15 million drilling rig
Gulf Energy chairman Francis Njogu has secured a $15 million oil rig as the company prepares to begin drilling in Turkana.
British billionaire Richard Branson unveils Virgin Active’s $6.2 million “social wellness” club in Cape Town
Richard Branson opened Virgin Active’s new Green Point flagship, a R100 million plus rebuild that blends training, recovery, health support and social space.