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Standard Bank Group welcomes the opportunity for its Chief Executive Officer, Sim Tshabalala, to meet with His Majesty King Misuzulu kaZwelithini in KwaZulu-Natal. The engagement reflects the bank’s longstanding commitment to the province and its continued support for inclusive economic growth, entrepreneurship, infrastructure development and community upliftment across South Africa’s ....
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In a move that sent shockwaves of optimism through Africa’s startup ecosystem, the Africa Finance Corporation (AFC) has just approved a landmark commitment of up to US$100 million to back Africa-focused technology fund managers. Announced on May 18 in London, this isn’t just another cheque – it’s a deliberate, powerful signal that African institutional capital […]
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Africa’s wealthiest entrepreneurs aren’t parking their money in London penthouses or New York stocks. They’re pouring it into factories right here at home – and the ripple effects are about to be felt in every corner of the continent. Abdul Samad Rabiu, Africa’s second-richest man and chairman of BUA Group, is now just $300 million […]
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The successful completion of the programme supported a cohort of nine African-led businesses through tailored brand audits and visibility roadmaps, marking a significant milestone in Bloomwit’s mission to close the visibility gap for African SMEs. Bloomwit, Africa’s leading PR and communications agency, has officially concluded its Brand Audit and Visibility Support Programme, marking the successful […]
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In a move that could reshape Kenya’s fiercely competitive beverage sector, East Africa’s richest man, Mohammed “Mo” Dewji, is preparing to challenge Coca-Cola and Pepsi head-on. The Tanzanian billionaire, whose net worth Forbes pegs at $2.1 billion (Sh271 billion), is investing Sh6.5 billion ($50 million) in a new soft-drinks plant in Mombasa through his conglomerate, […]
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The African Growth and Opportunity Act (Agoa) is a landmark piece of trade legislation enacted by the United States in 2000. Its goal is to promote economic growth, development and poverty reduction in sub-Saharan Africa by providing qualifying countries with duty-free access to the US market for over 6,500 products. By eliminating import tariffs and […]
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His Net Worth Rose 120% in 12 Months At most gatherings of Africa’s business elite, Aliko Dangote is the name in the room. The tower. The refinery. The scale that demands to be acknowledged. Abdulsamad Rabiu is often the other name — the one that earns a nod, a respectful qualifier, a “second-richest man in […]
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