South African tycoon Piet Mouton gains $32.7 million from Capitec Bank first week of 2022
Capitec is one of South Africa’s largest lenders by number of customers.
Egyptian businessman Wael Olama’s e-commerce fashion startup Gahez raises $2 million in pre-seed funding
The $2-million round funding was led by Disruptech Ventures, a $25-million VC fund.
John Kimani-linked Kakuzi expects earnings to fall by 25 percent in 2021
Kenyan media mogul John Kimani who holds a governance role in Kakuzi, is the firm’s largest shareholder with a 32.3-percent stake.
Indian tycoon Sunil Bharti Mittal’s Airtel Africa reaches all-time high as capitalization soars above $9.5 billion
Airtel Africa is a leading telecom and mobile money services provider with a presence in 14 countries in Africa.
South African executive Alan Pullinger acquires additional stake in FirstRand worth $1.84 million in 2021
FirstRand Limited is Africa’s largest financial services group in terms of market capitalization.