Hassan Allam Construction to lead key projects on Abu Dhabi’s Ramhan Island
This win not only reinforces the company’s footprint in the UAE but also highlights its growing presence in the Middle East’s competitive construction sector.
Absa seals $300-million green syndicated loan deal
The syndicated loan, Absa’s first, signals a significant step in the bank’s commitment to sustainable investments.
MTN Nigeria raises $46.6 million from commercial paper issuance
The issuance forms part of the company’s N250-billion ($151.9 million) commercial paper program.
Sanlam Kenya shareholders approve $25.1 million rights issue to boost capital
This move aligns with the company’s broader strategy to improve its financial standing and long-term stability.
Bidvest to sell banking business to Access Bank for $157.2 million
Bidvest Group to sell its stake in Bidvest Bank Holdings to Access Bank for $157.2 million as part of its financial services simplification strategy.
Access Bank expands to Malta, strengthening Europe-Africa trade links
Access Bank's decision to establish a presence in Malta signals its broader push into key global markets, following the recent opening of its Hong Kong branch.
Zahid offers $1.3 billion for South Africa's Barloworld in acquisition bid
This underscores Zahid’s aggressive push to capitalize on Africa’s infrastructure boom amid global interest in the continent’s construction sector.
Dangote Sugar Refinery launches $32 million commercial paper to fund expansion
The Series 7 paper, with a 270-day tenor, offers a 24.5524 percent discount rate and a 30 percent implied yield.
Alex Karp’s Palantir extends $36.8 million AI deal with U.S. Special Operations
This extension highlights Palantir's growing influence in defense, leveraging its expertise in artificial intelligence and data analytics to modernize mission-critical systems.
Seplat Energy acquires ExxonMobil Nigeria for $800 million
The deal strengthens Seplat’s leadership in the country’s energy sector and enhances its global standing.
Sibanye Stillwater sells Beatrix 4 shaft for $28 million to advance Beisa uranium project
The sale reflects a shift in the company’s strategy, prioritizing growth in sectors such as battery and precious metals, while monetizing its uranium assets.
Chappal Energies completes $1.2 billion Equinor Nigeria acquisition
The Nigerian federal government approved the divestment on October 21, 2024, enabling Chappal to take control of ENEC through Project Odinmim.
Karooooo shares boost South African mogul Zak Calisto’s fortune by $398 million
Karooooo shares surge adding millions to South African tech mogul's wealth
Glencore, led by South African exec Nagle, targets Jamaican LNG acquisition
This underscores Glencore’s ambition to deepen its presence in strategic energy markets, further diversifying its expansive portfolio.
UBA targets Saudi Arabia for expansion by 2025
Pan-African bank eyes Middle Eastern growth as profits surge.
Amsons secures Government approval for Bamburi Cement acquisition
The green light from Kenyan authorities, coupled with unconditional approval from the COMESA Competition Commission, clears the regulatory path for Amsons' buyout bid.