Tag: Business Africa

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...

Varun Beverages strengthens African expansion with new 10-year PepsiCo agreement

Ravi Jaipuria’s Varun Beverages has secured a new 10-year bottling and distribution agreement with PepsiCo as the company’s revenues across seven African markets climbed...

Finnfund backs Ecobank nature bond with $15 million investments

Finnfund has invested $15 million in a nature bond issued by Ecobank Transnational Incorporated, marking a significant push toward sustainable finance and climate-focused investment...

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