Paris, September 22, 2025 (Cemac-eco.finance) — After nearly two years of negotiations, Canal+ has finalized its acquisition of MultiChoice, Africa’s largest pay-TV and streaming operator. The €2.5 billion deal creates a combined group with around 40 million subscribers across nearly 70 countries, cementing Canal+ as the continent’s pay-TV leader and reshaping the competitive landscape for...

Kinshasa. Rawbank, the leading bank in the Democratic Republic of Congo, has formalized its partnership with the Congolese Government under COPA-TRANSFORME, a program co-financed by the International Development Association (IDA). The initiative aims to structure and strengthen the ecosystem for micro, small, and medium enterprises (MSMEs) nationwide, with a priority emphasis on women-owned and women-led businesses. From pledges to practical...

The Appeal of Conscience Foundation announced today that His Eminence Timothy Cardinal Dolan, the Archbishop of New York, and Tony Elumelu Chairman of Heirs Holdings, The United Bank for Africa, and Founder of the Tony Elumelu Foundation, will be honored with the Appeal of Conscience Award at the foundation’s Annual Gala, taking place on September...

The Global Energy Alliance for People and Planet (GEAPP) announced on August 4, 2025, the appointment of Carol Koech as its new Vice President for Africa. This move signals a stronger focus on mobilizing investment and accelerating the continent’s transition toward clean and inclusive energy systems. GEAPP, launched in 2021 with the backing of leading philanthropic institutions...

In August 2025, Alain and Cyrille Nkontchou took a bold step forward in their mission to reshape Africa’s banking landscape. Through their pan-African investment fund Enko Capital and the private vehicle Bosquet Investments Ltd, they executed two major deals that are redefining the continent’s financial power dynamics. On August 15, Bosquet Investments Ltd — owned...

As Africa undergoes rapid economic transformation, Verdant Capital emerges as a key player in inclusive finance. With a footprint spanning over 25 African countries, the firm is leveraging microfinance and SME lending to unlock sustainable growth, while navigating macroeconomic volatility through risk-mitigation strategies and regional diversification. Africa’s investment landscape is shifting. Fueled by demographic growth,...

Ecobank Group has reached a significant milestone with the signing of a share purchase agreement between Nedbank Group Ltd. and Bosquet Investments Ltd., the private investment vehicle of Alain Francis Nkontchou, for the acquisition of a 21.22% equity stake in ETI. The transaction, subject to regulatory approval, represents a strong vote of confidence in the...

Visa has announced the appointment of Aminata Kane Ndiaye as Senior Vice President for West and Central Africa. She will oversee a strategic region covering 23 markets, with the regional headquarters based in Abidjan. Proven, Multidimensional Leadership Before joining Visa, Aminata Kane amassed over a decade of experience in digital financial services and telecommunications. She...

With a bold idea and a strong will, Danny Manu, a former aerospace engineer, turned a vision into a groundbreaking product: CLiK, the world’s first smart earbuds capable of translating 37 languages in real time — with no Wi-Fi, no data, just pure innovation. As Africa pushes forward in the digital age, Manu’s creation is opening new...