Hisham Talaat Moustafa’s TMG stake increases by $321 million, surpasses $1 billion
Hisham Talaat Moustafa’s stake, amounting to 890,566,601 shares, has gained EGP29.46 billion ($321.54 million) in market value since the beginning of the year.
Vista Equity leads $800 million LogicMonitor investment
This investment reinforces Vista’s commitment to LogicMonitor’s continued growth and innovation.
Stephen Saad’s Aspen stake drops $99.7 million in 2024
This downturn is driven by a sustained decline in the market value of his holdings in Aspen Pharmacare, Africa's largest pharmaceutical company.
Simbisa Brands to add 31 stores, exceeding 750 by fiscal year-end 2025
Simbisa Brands plans 31 new outlets and refurbishes 44 stores in 2025 to expand market share and enhance customer experience.
Meet Mpumi Madisa: First Black woman to lead a top-40 South African company
Her journey to the helm of Bidvest is a testament to resilience, ambition, and a commitment to excellence.
Naspers, led by Koos Bekker, reports $3.4 billion in revenue for H1 2025
This highlights the group's strong financial performance and strategic execution under Bekker's leadership.
Anglo American secures $157.5 million Serpentina mine to bolster Brazilian presence
The deal, announced in February, solidifies Anglo’s strategic collaboration with Vale and positions both mining giants to enhance their production capacity.
Alami Lazraq’s stake in Moroccan real estate firm gains over $300 million
Lazraq’s stake, amounting to 11,414,630 shares, has gained MAD3.09 billion ($308.31 million) in market value since the beginning of the year.
UBA expands, set to begin full operations in France
The deal positions UBA under the leadership of Tony Elumelu as a bridge between Africa and the broader global financial ecosystem.
Choppies enters talks to exit Zimbabwe operations
The potential deal seeks to streamline Choppies' operations and focus on profitable markets amid Zimbabwe's challenging retail sector.
Letshego secures $15.8-million loan from Proparco for Botswana expansion
The funding aims to advance Letshego’s mission of delivering inclusive financial solutions across Botswana.
Giovanni Ravazzotti's Italtile stake gains nearly $137.2 million
Despite market volatility, Italtile’s stock has shown resilience this year, consistently delivering value to investors.
FirstRand partners with Proparco to boost Intra-African trade
Collaboration positions FirstRand as first Southern African bank in Proparco’s Trade Finance Guarantee Program.
Orascom reports $2.32-billion revenue amid MENA slowdown
Orascom posted $2.32 billion in revenue, a slight decline of 1.92 percent from $2.37 billion in the same period last year.
Naguib Sawiris unveils new digital news platform targeting emerging markets
Sawiris launches Moniify, a Dubai-based digital platform delivering emerging market business and finance news from a local perspective.
Barry Stuhler’s Lighthouse Properties stake drops $3 million amid JSE sell-off
This decline compounds an earlier loss of $2.18 million recorded between June 19 and July 19.