Access Bank Group also recently acquired Grobank South Africa.
Africa’s richest people
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Distell is linked to South African billionaire Johann Rupert.
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TCL has canceled plans to delist from the Nairobi Securities Exchange, where it is planning a rights issue.
- West & Central Africa
Aliko Dangote’s cement company moves to close cement supply gap in Nigeria
by Ishioma Emiby Ishioma EmiDangote Cement has restated its commitment to bridge the supply gap and help reduce prices.
- North Africa
Aliko Dangote, Mo Ibrahim join France in deliberating on Sudan’s $5-billion debt cancellation
President of France Emmanuel Macron announced the cancelation as a nod to Sudan’s progress with reforms.
- North Africa
Morocco’s King Mohammed VI extends philanthropic activities in Ghana
by Ishioma Emiby Ishioma EmiHis foundation has donated provisions to a polyclinic in Nima in Greater Accra.
- West & Central Africa
Nigeria’s anti-graft agency confiscates oil tycoon Ernest Azudialu Obiejesi’s home in affluent Ikoyi
Obiejesi is known for his expensive taste, obsession with aircraft and penchant for acquiring private jets and pricey automobiles.
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He made the clarification in a recent tweet.
- West & Central Africa
Equity Group’s expansion in DRC can help spark economic growth: Group CEO James Mwangi
The company has acquired an additional 7.7-percent stake in its subsidiary, Equity Bank Congo.
- West & Central Africa
Ghanaian waste mogul Joseph Siaw Agyepong partners with U.S. firm to build hi-tech waste-to-energy plants
by Ishioma Emiby Ishioma EmiThey plan to construct the first plant in a new industrial enclave in the Greater Accra Region.