The Development Bank of Central African States (BDEAC) has approved a financing package of 7 billion CFA francs for Molsa Groupe S.A. to finalize the construction of a four-star hotel in Malabo, the capital of Equatorial Guinea. The agreement, signed on August 18, 2025, represents a significant milestone in the country’s drive to expand its...

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...

In a time of rapid economic transformation, Africa’s banking sector is emerging as a strategic pillar for development and regional integration. The continent’s top 30 banks, spanning both mature markets and fast-growing economies, are posting strong performances fueled by diversified portfolios, demographic growth, and the rise of intra-African trade. Their influence now extends far beyond...

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...

Libreville, août 2025 – FlyGabon, la compagnie nationale gabonaise opérée par Afrijet Business Service, vient d’accueillir son tout premier ATR 42-600, un appareil de dernière génération qui marque une étape stratégique dans sa volonté de renforcer la connectivité régionale et nationale. Cette livraison concrétise une ambition affirmée : offrir un transport aérien plus accessible, plus...

Heirs Holdings celebrates 15 years of impact, catalyzing transformation across Africa through strategic investments in critical sectors. The group has a $10.2 billion portfolio spanning 24 countries across four continents. (Heirs Holdings) Founded in 2010 by Tony O. Elumelu, CFR, Heirs Holdings embodies Elumelu’s core philosophy of Africapitalism: combining profit with impact, transforming lives, and...

London, October 14–15, 2025 — Africa’s industrial future will take center stage at AFSIC – Investing in Africa 2025, as the UK’s flagship development initiative, Manufacturing Africa, hosts a high-impact investment session: the Manufacturing Deals Pitch Room. This 90-minute showcase will feature a select group of investment-ready African manufacturing businesses pitching directly to a curated...

In a bold move to stabilize one of Africa’s most strategic industrial assets, Afreximbank has committed $1.35 billion to refinance the debt of the Dangote refinery, part of a $4 billion syndicated package. This landmark deal not only safeguards the future of the world’s largest single-train refinery but also signals a turning point in Africa’s...

After revolutionizing the auto industry, space exploration, and energy storage, Elon Musk may now be setting his sights on a new frontier: mobile technology. While not officially confirmed, the so-called “Tesla Phone” is already sending ripples through the tech world. With deep integration across the Tesla, Starlink, and potentially Neuralink ecosystems, the device could upend...