BSE’s market capitalization has risen to BWP709.5 billion ($52.27 billion), reflecting a 5.1-percent increase year-to-date.
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Reinet, led by South Africa’s richest man Johann Rupert, posts $6.7 billion in net assets
Reinet’s net asset value jumps 8.1 percent, driven by smart investments and hefty dividends from tobacco and insurance holdings.
- West & Central Africa
Africa’s richest man Aliko Dangote offers to sell 650,000 BPD Oil Refinery to NNPC
Dangote’s offer comes amid a new dispute with one of the key equity partners in the plant and ongoing issues with regulatory …
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Malawi Stock Exchange sees leading investors’ fortunes rise significantly, driven by a decade-long bullish trend in shares, bonds, and unit trusts.
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Talaat Moustafa tops list, as stake in TMG Holdings explode to $1.28 billion, dethroning steel tycoon as Egypt’s top investor.
- Southern Africa
Zimbabwean billionaire Strive Masiyiwa’s Liquid C2 expands Cloudmania services into Egypt
Liquid C2 strengthens its presence in the MENA region by launching Cloudmania in Egypt, enhancing cloud and cybersecurity solutions
- Hot News
Africa’s richest man Aliko Dangote’s refinery to receive first crude shipment from Brazil
Despite being Africa’s top oil producer, Nigeria relies heavily on imported fuels due to its underdeveloped domestic refining sector.
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Nigerian billionaire Femi Otedola’s Geregu Power rakes in $51.9-million revenue in H1 2024
Geregu Power’s H1 2024 revenue surged 132.5% year-over-year to $51.9 million, driven by increased energy sales and capacity charges.
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Matodzi admitted to orchestrating VBS scandal from 2017-2018, leading to the bank’s collapse and widespread financial devastation.
- West & Central Africa
Ghanaian tycoon Paa Kwesi Nduom claims deliberate undervaluation forced GN Bank collapse
Nduom’s claims reveals potential bias against local banks and call for a thorough investigation into Ghana’s financial regulatory practices.