Marvin Ellison’s Strategic Gamble: How Lowe’s Cemented Growth with $8.8 Billion FBM Deal

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: […]

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Idrissa Nassa’s Coris Bank Surges to $60 Million Profit in First Half of 2025

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 […]

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Alain Nkontchou: The Cameroonian Banker Poised to Shape Ecobank’s Next Chapter

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 […]

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Zimbabwe’s Ralph Mupita Drives $6 Billion Revenue Surge in H1 2025 at MTN

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 […]

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Crowned by Curls: How Ama Amo-Agyei Built an £11M Haircare Empire Rooted in Culture and Clarity

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 […]

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From Brixton to Britain: How Mike and Paul Williams Baked Their Way to a £3M Empire

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 […]

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The Power Play of Davido: OBO’s Afrobeats Royalty and a Seat at Nigeria’s Energy Table

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 […]

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Nigeria’s Ademola Adeyemi-Bero Sets Sights on Tanzania’s Gas Frontier with First E&P

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 […]

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Abdinasir Ali Hassan Pushes HASS Petroleum into Mozambique’s Gas Frontier

Kenyan-Somali entrepreneur Abdinasir Ali Hassan is poised to steer HASS Petroleum into transformative territory, Mozambique’s emerging natural gas and energy sector. In a high‑level meeting with Mozambican President Daniel Chapo in Maputo on 21 July 2025, Hassan unveiled plans to forge strategic alliances linking HASS Petroleum with both Mozambique and Oman’s state-backed energy trader, OQ Trading Lda. He emphasised […]

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Charles Mbire Leads Bold Spin‑Off: MTN Uganda’s Fintech Arm Gains Independence, Eyes IPO

MTN Uganda, chaired by seasoned Ugandan tycoon Charles Mbire, has completed the structural separation of its mobile money operations into a standalone fintech business, officially setting the stage for its long-term expansion in Uganda’s financial technology space. At the company’s Extraordinary General Meeting held on 22 July 2025, shareholders gave their full backing for the spin-off. This strategic move […]

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