Africa

Mohamed Hassan Bensalah's Holmarcom Group has sold Biscoland, a Moroccan biscuit and chocolate maker, to Spanish food group Adam Foods...

Tanzanian billionaire Edha Nahdi's Amsons Group is set to inject $201.7 million into East Africa Portland Cement, aiming to quadruple...

Shoprite Holdings, Africa’s largest retailer and partly owned by South African billionaire Christo Wiese, has reached a major milestone: the...

Ugandan property billionaire Sudhir Ruparelia has launched the next phase of his Kingdom Kampala complex, a 21-storey tower featuring a...

In a decisive move that underscores the growing friction between African financial institutions and global credit assessors, the African Export-Import...

Kenyan billionaire Rasik Kantaria's stake in FMB Capital Holdings Plc has fallen below the $1 billion mark, just weeks after...

South African billionaire Zak Calisto's Karooooo Ltd. has reported impressive growth in its third-quarter revenue, reaching $86.1 million. The company's...

South Africa’s Nedbank has made a bold move into East Africa, offering to buy a controlling stake in Kenya’s NCBA...

Kenyan businessman Peter Muthoka has sold his airport cargo handling firm, Transglobal Cargo Centre Ltd, to Celebi Cargo GmbH for...

In a clear display of global humanitarian leadership, the European Union has earmarked €557 million in humanitarian assistance for Nigeria...