Tax tribunal favors John Ugbe-led MultiChoice Nigeria against tax master
Earlier, MultiChoice had filed an appeal over a perceived wrongful tax assessment spanning 10 years.
Ishioma Emi
Kenyan liquor tycoon Tabitha Karanja plans to run for Nakuru senatorial seat in 2022
After a month’s consultation with family and friends, she has decided to run for political office.
Fintech tycoon Dare Okoudjou’s MFS Africa acquires leading Nigerian fintech startup
The startup, Capricorn Digital, has an impressive footprint across Nigerian households.
Strive Masiyiwa’s Liquid launches Asian-U.S. global Internet transit route through African coasts
In doing so, it has created a global Internet transit route that avoids high-risk bottlenecks in the Middle East and Europe.
The top 10 African women in government you should know
Gender parity in government has traditionally been a major challenge in African politics.
Jack Bowles’ British American Tobacco commits to net-zero carbon emission by 2050
This will bring its sustainability targets in line with limiting global warming to 1.5C.
How sanctioned Zimbabwean billionaire Kudakwashe Tagwirei keeps earning incredible cash
They call him “Queen Bee” because of his sprawling business empire.
Shares in telecom tycoon Sam Darwish’s IHS Towers plunge 18 percent after recent IPO on NYSE
The listing still managed to raise $378 million to fund the company’s growth plans.
Neobank tycoon Uzoma Dozie’s Sparkle closes $3.1-million seed round to scale Nigeria operations
This follows the closing of a friends and family pre-seed round of $2 million within the past year.
Patrice Motsepe-backed South African stock exchange company expects to break even in 2023
The value of stocks and funds on A2X Market more than doubled to $336 billion in the past 12 months.
Ashraf Sabry’s Fawry announces investment in Sudan’s Alsoug online marketplace
Alsoug is a Sudanese startup that allows consumers to buy and sell products and services online.
Sawiris-backed Endeavour concludes refinancing with $500-million note issuance
The latest issuance will pay interest semiannually at a rate of five percent per year, maturing on Oct. 14, 2026.
Ghanaian businesswoman Roberta Annan launches $115.8-million fund to invest in African fashion enterprises
Annan is the founder of the African Fashion Foundation Annan Capital Partners.
Sam Darwish’s IHS Towers makes moves to erect and lease telecom towers in Egypt
IHS Towers is a Nigeria-based telecommunication infrastructure company, operating internationally.
Google CEO Sundar Pichai announces plans to invest $50 million in African startups
He made the announcement while speaking at a virtual event on Oct. 7.
Nigerian Export Promotion Council teams up with Tony Elumelu to support local entrepreneurs
Their joint initiative will aim to support small and medium enterprises in the non-oil sector in Nigeria.