MTN to boost internet connectivity in remote areas using satellite technology
The move is part of MTN’s broader strategy to enhance its existing network with satellite technology.
Latest
LeBron James and Stephen Curry explore WNBA ownership as league popularity soars
NBA stars express interest in WNBA franchises, reflecting the league's rising value and the growing appeal of women's sports.
Orascom Development Egypt posts record sales growth despite economic challenges
Orascom Development Egypt reports a seventy-seven percent surge in real estate sales, reinforcing its resilience and strategic agility.
Brait SE targets UK listing for Virgin Active by 2026 amid portfolio streamlining
Brait SE plans Virgin Active UK stock listing to align with its debt reduction and portfolio optimization strategy.
Jospong Group secures $400-million Afreximbank funding for waste management and rice production across Africa
Jospong Group partners with Afreximbank to drive waste management reforms in Nigeria and expand rice production in Ghana.
Palm Hills partners with Saudi firm to boost real estate and education development
Palm Hills Developments joins forces with Dallah Real Estate to create integrated projects, focusing on 15 international schools in Saudi Arabia.
Sanlam completes $66.4 million acquisition of MultiChoice insurance unit
The move, positions Sanlam to leverage MultiChoice’s broad subscriber base and payment systems to expand its financial services offerings across Africa.
Palm Hills revenue tops $360 million in 9M 2024
Palm Hills Developments reports robust 9M 2024 performance, surpasses revenue expectations.
Dangote Cement to issue new bond series under $180.5 million program
The move aims to bolster the company’s financial strength and improve operational efficiency.
Nedbank commits $662 million to expand across Africa
South African financial giant, Nedbank, targets fourfold profit growth from African markets by 2029.
James Mwangi’s Equity Group stake nears $50 million
James Mwangi, Kenya's richest banker, solidifies his position with a 12.64% increase in Equity Group shares, boosting his net worth to nearly $50 million.
Amsons gains regulatory approval for Bamburi Cement deal
The COMESA Competition Commission confirms the deal will not harm regional competition or result in market dominance, supporting trade integration.
UBA launches $144.2-million rights issue to boost capital and expansion
United Bank for Africa’s rights issue aims to strengthen regulatory compliance and accelerate its pan-African growth strategy.
Co-op Bank profit rises to $148 million amid expansion drive
Co-op Bank reports 4.4-percent profit growth despite rising costs from expansion and staff investment.
Sanlam’s net inflows surge to $2.2 billion despite two-pot retirement withdrawals
Resilient performance showcases double-digit growth across key metrics and strong global expansion.
United Bank gears up for landmark IPO on Egyptian Exchange
IPO set to boost market activity, attract investments, and reinforce Egypt’s economic reforms.