The deal is still subject to the validation of the supervisory authorities.
Ishioma Emi
Ishioma Emi
Ishioma Emi is a future-forward female and passionate business news journalist. She writes for Ventures Africa and Billionaires.Africa. Her focus area is African markets, tech startups, mergers and acquisitions, deals, businesses, and exceptional women-led businesses on the continent.
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- Hot News
Nigerian-American telecom tycoon Sam Darwish moves to list IHS Towers on NYSE
by Ishioma Emiby Ishioma EmiIHS called off an initial plan to list on the U.S. exchange in 2018.
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LeapFrog Investments acquires 16.94-percent stake in Edward Effah’s Fidelity Bank Ghana
by Ishioma Emiby Ishioma EmiThe company acquired the stake from Amethis and Edmond de Rothschild Equity Strategies.
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Malawian tycoon Ramesh Savjani earns $3.4 million in 96 days as Malawi’s best performing stock surges
by Ishioma Emiby Ishioma EmiThe multimillion-dollar profit from his stake can be attributed to a surge in the share price of Illovo Sugar Malawi.
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Nigerian billionaire Aliko Dangote says Nigeria could save $700 million annually from sugar master plan
by Ishioma Emiby Ishioma EmiDangote said: “If the national sugar master plan is followed … the country will be better for it.”
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Women are fighting the general trend in Ghana, with some now ranking among its biggest dollar millionaires.
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The 10 most distinguished African women on the international arena
by Ishioma Emiby Ishioma EmiFor centuries, people of color — primarily Black Africans — have been marginalized on the world stage.
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U.S. retail tycoon Rob Walton commits $100 million to Johannesburg’s African Parks
by Ishioma Emiby Ishioma EmiRob is the first son of Helen and Sam Walton, founders of Walmart Inc., America’s largest retailer.
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Mining mogul Neal Froneman moves to invest $490 million for 50-percent stake of ioneer Limited lithium mine
by Ishioma Emiby Ishioma Emiioneer’s project in Nevada is the largest known lithium and boron deposit in North America.
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Timothy Nuy’s Finclusion secures $20 million in funding for expansion in Sub-Saharan Africa
by Ishioma Emiby Ishioma EmiFinclusion is a Mauritius-based startup that seeks to drive financial inclusion in Africa.