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. […]
Gerald Van Wyk Steers AfroCentric to R4.4 Billion Half-Year Revenue Amid Health Insurance Demand Surge
Under the leadership of Gerald Van Wyk, AfroCentric Health has delivered a robust performance in the first half of 2025, generating R4.4 billion (approximately $238 million) in revenue. The results affirm the company’s growing role in South Africa’s private healthcare space and highlight Van Wyk’s strategic vision in navigating a complex, evolving industry landscape. These numbers reflect strong demand […]
Patson Moyo Expands Footprint with $30 Million Purchase of 418-Hectare Harare Estate
Patson Moyo, the Zimbabwean aviation entrepreneur, has acquired a 418-hectare property on the outskirts of Harare in a deal valued at $30 million. The purchase represents one of the largest single private land transactions in the city this year and marks a notable moment in Moyo’s expanding portfolio beyond aviation. Moyo built his reputation in aviation and related logistics. […]
Olugbenga Agboola’s Flutterwave Steps Into Retail Investing With U.S. Stock Trading Service
Flutterwave has introduced a U.S. stock trading service, signalling a deliberate push beyond payments into retail investing. The move places Olugbenga Agboola’s company in a growing lane where African fintechs link everyday savers to American equities through simple, mobile-first rails. The rollout frames Flutterwave’s consumer strategy with clearer edges. For years the company has been known for infrastructure that […]
Sim Tshabalala Anchors $1 Billion Standard Bank Drive for Africa’s Women Entrepreneurs
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 […]
Rotary Names Nigeria’s Olayinka Babalola President for 2026 to 2027 After Leadership Reset
Rotary International has selected Nigerian Rotarian Olayinka Hakeem Babalola as its president for the 2026 to 2027 year. His term is set to begin on 1 July 2026. The decision came after the organisation’s Board of Directors convened a special session guided by Rotary’s code of policies to fill the vacancy created when president-elect SangKoo Yun resigned to focus […]
Adegbite Falade Steers Aradel Energy into Landmark Domestic Supply Deal with NLNG
Nigeria’s drive for energy security has taken another significant step forward with Aradel Holdings sealing a domestic gas supply agreement with Nigeria LNG Limited (NLNG). At the centre of this development is Adegbite Falade, the Managing Director and Chief Executive Officer of Aradel Energy, who continues to strengthen the company’s role as a key contributor to Nigeria’s energy transition. […]
TK Muya’s Family Bank Sets Sights on $48 Million Capital Raise to Deepen Market Presence
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 […]
Stella Okoli’s $23 Million Pharma Plant Signals New Push for Nigeria’s Health Independence
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 […]
Aliko Dangote Crowned World’s Richest Black Billionaire in Forbes 2025 Ranking
Aliko Dangote stands at the summit once more. Forbes has named the Nigerian magnate, founder of Dangote Group, the richest Black billionaire on the globe in its 2025 list. His estimated net worth of approximately $23.9 billion places him 83rd among the world’s wealthiest individuals. The leap in Dangote’s fortune stems largely from the operational launch of Africa’s largest […]