
Asoma Banda, Ghanaian business icon and philanthropist, dies at 91
His passing has been met with an outpouring of tributes from business leaders and close associates, reflecting on his remarkable legacy.
His passing has been met with an outpouring of tributes from business leaders and close associates, reflecting on his remarkable legacy.
Anadkat’s rising wealth is closely tied to the performance of FMB Capital, a Mauritius-based investment firm with a strong presence across Africa.
The decision to reward shareholders follows a year of strong earnings growth and sustained market expansion.
By entering the UAE, Palm Hills is tapping into the Gulf’s booming real estate sector, where demand for high-end residential and commercial developments remains strong.
RLJ Lodging Trust’s revenue hit $1.37 billion in 2024, but net income dropped 11.2% due to rising costs, despite strategic acquisitions and capital allocation.
These are the leaders defining the country’s digital future.
Net total sales totaled $83.67 billion, marking a 3.13% decline, though strong online and pro sales offer optimism amid ongoing challenges.
These industry giants have built pharmaceutical empires that generate billions in revenue while making healthcare more affordable and widely available.
The company has communicated its decision to ioneer, which will now seek alternative pathways to advance the project.
De Beers secures a 25-year extension for Debswana’s mining licenses, reinforcing its leadership as Botswana rebalances its diamond trade strategy.
Seplat Energy targets 14 trillion cubic feet of gas to boost Nigeria’s energy security, expand crude output, and drive economic growth through strategic acquisitions.
Their influence extends far beyond the mines, reaching into banking, infrastructure, and energy—sectors that form the backbone of Africa’s most industrialized economy.
The company’s growth is attributed to the continued success of its real estate ventures and the booming hospitality sector.
The decline in revenue was driven by a combination of weaker oil prices, a 5 percent drop in sales volumes, and softer market demand.
Patrice Motsepe’s ARC raises its stake in JSE-listed Alexforbes to $264.34 million, reinforcing its influence in South Africa’s financial services sector.
Prosus acquires Just Eat Takeaway.com for $4.3 billion, expanding its European food delivery dominance and leveraging AI, investment expertise, and logistics innovation.