Naspers Ltd. will approach investors in the U.S. and the U.K. this about a bond issue as Africa’s biggest company by market value continues its acquisition-hungry quest to expand its internet businesses.
M-Pesa, the mobile money system that is the pride and anchor of Kenya’s homegrown technology community, has had plenty of hype and excitement since its 2007 launch.
Barclays has been given regulatory approval for the sale of its remaining stake in its Barclays Africa Group, according to a unit of the business.
It was only a year ago that Uber declared that its Lagos market was potentially bigger than its London market.
He has a staggering seven nominations at the Billboard Music Awards and will come to the UK to headline festivals this summer.
For eons, piracy in African book publishing has been something that booksellers lived with and factored in as part of the climate of doing business.
One of South Africa’s richest business leaders talks about his commercial successes and failures, the debates about race and economics in South Africa and his criticism of the government.
Africa50, the pan-African infrastructure investment platform capitalized by the African Development Bank, 23 African countries, and two African Central Banks, has appointed Carole Wamuyu Wainaina as Chief Operating Officer.
Naspers, Africa’s biggest ecommerce and digital company, has just invested R960 million (about $69.4 million) in Takealot Online, South Africa’s largest ecommerce company.
Family businesses seek sales amid growth in buyout groups in the region
Last month the romantic comedy The Wedding Party became the first movie from Nigeria’s growing film industry to break 400 million naira ($1.3 million).
How do you get from a talk show sofa to boardroom chair? If you ask Mosunmola “Mo” Abudu, it’s being motivated by an eagerness to dispel ignorance – more specifically about Africa.
South Africa’s Brait SE has suspended plans to list on the London Stock Exchange.
Barclays Africa Group today announced that it has agreed terms for operational separation with UK-based Barclays PLC, which is reducing its shareholding in Barclays Africa.
A successful deal would have created Africa’s biggest retailer. Shares of both companies jump as news ends antitrust concerns over deal.
Standard Bank Group, Africa’s largest bank by assets, has appointed Sola David-Borha as the CEO (Rest of Africa) of Standard Bank Group effective January 19th, 2017.
The investment case for Africa requires taking the long view, especially when it comes to thinking about serving consumers on the continent.
Seven years ago, when Jason Njoku moved back in with his mother into their public housing apartment in Deptford, southeast London, he felt like a failure.
In Zambia, one of their blogs is the undisputed arbiter of style. In South Africa, one of their apps is the gateway to private beaches and pop-up dining.
Nigerian novelist Chimamanda Ngozi Adichie warned in 2009 about the danger of hearing a “single story” about a person, country or continent.
Car-hailing app Uber has frequently attracted controversy — whether over workers’ rights, management practices and its attitude to regulation.
Three years ago, MallforAfrica joined the raft of Nigerian tech start-ups attracting private equity and venture capital backing.
Africa’s biggest pension fund, Public Investment Corporation, has sought approval from South Africa’s central bank to raise its stake in Barclays Africa.
A music video released this month by Luket Ministries, an Oklahoma missionary group working in Uganda, features five white women in traditional Ugandan dresses dancing with plastic jerry cans, knocking back deworming tablets, and eating sukuma wiki, or kale, with their hands.
The rainy season is supposed to be over in Nigeria, but on Thursday just before midnight, torrential rain and crackling lightning let loose over Benin City.
Aliko Dangote, Africa’s richest man, plans to buy London-based Arsenal soccer team within four years.
Standard Chartered Plc will look beyond Angola’s oil and gas industry to pursue growth. The bank remains committed to Angola even as the country has had to deal with the plunge in crude prices.
The football season in Europe has started with a bang. Premier League clubs spent over a billion dollars in the summer transfer window, with 13 clubs breaking their spending records.
South Africa’s economy regained the position of Africa’s largest in dollar terms more than two years after losing it to Nigeria as the value of the nations’ currencies moved in opposite directions.
If you want a city that’s a modern musical powerhouse, you don’t need to think of London or Los Angeles or New York.
When 36-year-old Nigerian entrepreneur Jason Njoku talks about embracing failure, he is speaking from experience.
As the curtain falls on the first Nigerian musical to make the leap to a London theater, its executive producer is setting her sights higher still.
If you’re a writer of African descent, and you’re plugged into the literary or media scene, you’re probably aware of the term ‘Poverty Porn’.
I have a first-class degree in Economics from the University of Hull, UK. I have a Master’s degree in Economics and Finance from the University of Warwick, UK, and an MBA from the Kellogg School of Management at Northwestern University, USA.
South Africa’s stock exchange is getting an upgrade. To keep up with growing competition, the Johannesburg Stock Exchange has embarked on a long-term project to gather all of its markets onto a single, faster trading platform and a new clearing system.
This weekend the African Union unveiled an e-passport that will hopefully be available to all citizens of member states by 2018.
South African mobile phone operator MTN Group named the head of Vodafone Europe as its new CEO on Monday, bringing in an outsider with a risk-management background 10 days after it agreed to pay a $1.7 billion fine in Nigeria.