Hot News

South African businessman Andre Du Plessis retires as CFO of Capitec Bank

Du Plessis co-founded Capitec Bank with South African billionaire Michiel Le Roux and leading businessmen Jannie Mouton and Riaan Stassen in 2001.

Kenyan banker James Mwangi loses $3.7 million in seven days from stake in Equity Group

Mwangi, the CEO and managing director of Equity Group, owns a 3.38-percent stake in the bank.

Aliko Dangote’s cement company launches move to buy back shares worth more than $112.7 million

Dangote Cement will buy up to 170,003,074 fully paid-up ordinary shares.

South African businessman Jonathan Jawno gains $15.8 million as shares in Transaction Capital surge

Transaction Capital is a South Africa-based financial services group that specializes in asset-backed lending.

Malian entrepreneur Moulaye Taboure’s Afrikrea secures $6.2 million in funding round led by Jack Ma-linked firm

Afrikrea is an e-commerce startup founded in 2016 as a marketplace for Africa-based and -inspired fashion, clothing, accessories, arts, and crafts.