FirstRand has posted a $2.6 billion profit for the year ended 30 June 2025, marking a 10 per cent rise on the previous year. The banking group’s performance was fuelled by stronger revenue streams across retail, commercial, and investment banking, alongside improved treasury earnings. The bank reported headline earnings of about R45.1 billion, supported by solid growth in deposits, […]
HarbourView Equity Partners and the Steward family have led a $30 million minority investment into Lion Forge Entertainment, the Newark-based studio founded by David Steward II. The investment is designed to deepen Lion Forge’s ownership of original intellectual property and to accelerate the company’s pipeline of family, youth and adult franchises. HarbourView described the move as a strategic bet […]
Tendai Madziwanyika’s RTG has announced a $1.6 million investment to upgrade several hotels in Harare, a move industry insiders say could sharpen the city’s hospitality offering and support short-term construction employment. The funds will target physical improvements and service enhancements across existing properties. RTG has framed the project as a focused upgrade rather than a major expansion. Work is […]
Paratus, under the leadership of Schalk Erasmus, has launched Namibia’s first private mobile network. The rollout marks a new phase for the country’s digital infrastructure, offering dedicated wireless capacity designed for businesses, government agencies and industrial operators that require secure, reliable and low-latency connectivity. A private mobile network gives a single organisation its own licensed or managed wireless environment. […]
Standard Bank Group Chief Executive, Sim Tshabalala, has announced a $1 billion commitment to finance and scale women-led businesses across Africa, marking one of the boldest private sector pledges ever directed at the continent’s female entrepreneurs. For Africa’s banking sector, the figure is unprecedented. For women entrepreneurs, it represents a direct response to years of documented funding gaps. Studies […]
Alain Nkontchou has forged a defining moment in African banking. The Cameroonian financier will acquire Nedbank’s 21.22 percent stake in Ecobank, a deal worth $100 million through his investment vehicle, Bosquet Investments. This acquisition, subject to regulatory approval, is expected to close in the fourth quarter of 2025. Nkontchou’s connection to Ecobank runs deep. He joined the board in […]
A huge history was cemented in Kigali on Sunday night as Nigeria’s D’Tigress clinched their fifth consecutive AfroBasket Women’s Championship title after outplaying a determined Malian side in a fierce and emotionally charged final. The victory makes them the first team, male or female, to win the continental trophy five times in a row. The final whistle triggered more […]
There are football legends. There are world leaders. But there is only one man in modern history who has been both and his name is George Weah. Born in the slums of Clara Town, Monrovia, Weah did not just beat the odds. He rewrote them. Rising from a war-torn nation with little infrastructure for global football to conquer the […]
Nigeria is the most successful nation in the history of WAFCON When it comes to the Women’s Africa Cup of Nations (WAFCON), the Super Falcons of Nigeria are not just participants or contenders. They are history’s most dominant force. Since the tournament evolved into its current full-scale format in 1998, no nation has come close to Nigeria’s record. Out […]
When Layo Ogunbanwo speaks about technology, she doesn’t reach for buzzwords. There’s no talk of unicorns, no obsession with “disruption”. Instead, she talks about systems, the invisible ones that hold up our daily lives, or fail us when they don’t exist. And right now, the beauty and wellness sector in Africa, an industry run largely by women, is operating […]
