Tag: Business Africa

Standard Bank edges out Capitec and FirstRand in historic $91 billion banking race

Standard Bank has overtaken Capitec Bank and FirstRand to become Africa’s most valuable lender in a fierce South African banking race that has pushed...

Eni and partners approve major new expansion for Ivory Coast energy project

Eni and its partners have approved a new development phase for the Baleine offshore project in Ivory Coast, marking another major milestone for one...

Pepkor earnings climb as acquisitions and strong clothing demand lift growth

Pepkor reported a 10.3% rise in half-year earnings, driven by acquisitions, strong demand for affordable clothing, and continued growth across its financial services business....

Delivery Hero shares surge to 18-month high after reports of Uber takeover interest

Shares in Delivery Hero climbed to their highest level in 18 months following reports that Uber is exploring a potential bid for the global...

Moroccan billionaire Anas Sefrioui deepens Africa expansion with new Gabon cement investment

Anas Sefrioui is redirecting millions of dollars in investment from Europe toward Africa as he expands his cement and industrial footprint in Gabon through...

Moroccan billionaire Elalamy expands into Europe’s distressed debt market with Swedish acquisition

Moulay Hafid Elalamy has acquired a majority stake in Arktika Capital AB, marking a strategic move into Europe’s rapidly growing distressed and non-performing loans...

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