Family Bank, the Kenyan lender founded by businessman Titus Karanja (TK) Muya, is preparing to raise 7 billion shillings (about 48 million US dollars) in fresh capital, a move that underscores its ambitions to cement its position among the country’s mid-tier banks. The initiative is expected to support balance sheet expansion, strengthen its capital adequacy, and fund strategic growth […]
Nigeria’s pharmaceutical industry has received a major lift as business leader and founder of Emzor Pharmaceutical Industries, Stella Okoli, announced the completion of a $23 million state-of-the-art manufacturing plant. The facility, located in Shagamu, Ogun State, is positioned to scale up local drug production and reduce the country’s heavy reliance on imported medicines. The project represents one of the […]
When Marvin Ellison took the reins at Lowe’s in 2018, he inherited a company lagging behind its closest rival, Home Depot. Analysts doubted whether Lowe’s could close the gap. But Ellison, with years of experience at both J.C. Penney and Home Depot, understood retail cycles, consumer behaviour, and the critical role of supply chain strength. His vision was clear: […]
Burkina Faso’s leading financier, Idrissa Nassa, has marked another milestone as Coris Bank International reported a $60 million profit for the first half of 2025. The performance strengthens Nassa’s position as one of West Africa’s most influential bankers and underscores the resilience of the bank he founded nearly two decades ago. Coris Bank, headquartered in Ouagadougou, has steadily grown […]
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 […]
Ralph Mupita, the Zimbabwean executive steering Africa’s largest telecom group, delivered an impressive first half of 2025 performance at MTN. The company announced $6 billion in revenue, marking a clear turnaround after facing significant macroeconomic hurdles just a year earlier. The driving momentum came from strong growth in Nigeria and a remarkable rebound in Ghana. Nigeria’s operations powered this […]
At 30, Ama Amo-Agyei is reshaping Britain’s beauty landscape, not with borrowed formulas or buzzwords, but with a powerful blend of identity, intention, and instinct. As the founder of Plantmade, the UK-based natural haircare brand now valued at over £11 million, Amo-Agyei has done far more than create bestselling products. She’s built a movement. Her journey didn’t begin in […]
In a small corner of South London, inside a modest bakery once at the brink of collapse, a father and his son decided they were not ready to close the shutters for good. Today, Flake Bake, a Jamaican patty brand once unknown beyond its postcode, stands as one of the UK’s fastest-growing food businesses, with projected revenues of £3 […]
David Adedeji Adeleke, known globally as Davido, has built an empire around sound, spotlight, and swagger. Yet behind the thumping beats and stadium shows lies a less-publicised but equally weighty responsibility, his position within his father’s billion-dollar energy empire, Pacific Energy. While many recognise Davido for his musical genius and continent-spanning hits, few know the scale of influence he […]
Nigerian oil magnate Ademola Adeyemi-Bero is positioning his company, First Exploration and Petroleum Development Company (First E&P), for a calculated expansion into East Africa. The Lagos-based upstream energy firm has expressed keen interest in Tanzania’s growing gas sector, marking a significant pivot in regional energy dynamics and underlining the ambition of Nigerian energy players to play a broader continental […]
