Blackstone and Vista Equity acquire Smartsheet in $8.4-billion enterprise software deal
Blackstone and Vista Equity’s $8.4-billion acquisition of Smartsheet highlights booming demand for enterprise collaboration tools.
Blackstone and Vista Equity’s $8.4-billion acquisition of Smartsheet highlights booming demand for enterprise collaboration tools.
SK Macharia halts DCI raids in court battle over Directline Assurance’s dissolution amid industry concerns.
Ahmad Farroukh steps in as Globacom's CEO to lead critical reforms and address urgent subscriber challenges.
UBA seeks $143.6 million in new capital to drive expansion across Africa.
Over the past 53 days, the market value of his stake has increased by N5.45 billion ($3.26 million), fueled by a robust stock performance on the NGX.
Richemont’s profit fell nearly 70% to €457 million ($490 million) due to weak Asian sales and a €1.22 billion ($1.31 billion) impairment on YNAP.
This represents a significant 30.18 percent decline from the £7.5 million ($9.7 million) he received in the previous year.
Over the past three weeks, the value of his holdings has dropped by $3.1 million, tracking a 7.8 percent fall in IHS shares.
This decline reverses a $1.51 million gain between Oct. 9 and 18, when Pullinger's stake rose from $31.52 million to $33.03 million.
This follows a prior loss of $48.44 million from Sept. 27 to Oct. 17, when her stake declined from $303.06 million to $254.62 million.
Investec is positioning itself for a $1.7-billion market expansion by enhancing its business banking unit with a new payments system for corporate clients.
The telecom giant reported this milestone with its half-year results, marking rapid growth in one of Africa’s biggest telecom markets.
Co-op Bank secures $3.8 million partnership aimed at improving clean water and sanitation access across the country.
Moniepoint hires ex-Stanbic IBTC CFO Bayo Olujobi to lead expansion as it accelerates growth across Africa following a $110-million funding boost.
Earlier, between Sept. 6 and 19, his stake increased by R1.68 billion ($95.3 million), lifting the value from R37.94 billion ($2.16 billion) to R39.62 billion ($2.26 billion).
East Africa's telecom giant, Safaricom, sees revenue growth but faces profitability hurdles.