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...

Africa is no longer the continent of tomorrow—it is the continent of now. With explosive demographic growth, accelerating urbanization, and bold leadership driving innovation across key sectors, Africa is reshaping the global economic landscape. For French companies and international investors, this is not just an opportunity—it’s a call to action. The future is being built...

Under the distinguished patronage of His Excellency Professor Faustin-Archange Touadéra, President of the Central African Republic, Mr. Tony O. Elumelu, Group Chairman of United Bank for Africa (UBA) and Founder of the Tony Elumelu Foundation, delivered the keynote address at the African Caucus of Governors of the World Bank and IMF, held in Bangui on Thursday,...

Kinshasa – A new chapter opens in the Democratic Republic of Congo’s financial governance as André Wameso Nkwaloki is appointed Governor of the Central Bank of Congo (BCC), following a presidential decree issued on Wednesday, July 23, 2025. He succeeds Malangu Kabedi Mbuyi, who held the position for nearly four years. At 50, Wameso brings...

From infrastructure to innovation, a new generation of African banks is reshaping the continent’s economic destiny. With billions of dollars in capital mobilized, these investment-oriented financial institutions are financing bold projects—from clean energy and digital highways to cultural industries and industrial parks. More than lenders, they are builders of the new African economy. 1. Afreximbank...

Industrialist, banker, entrepreneur, researcher, and thinker—Paul Kammogne Fokam, 76, is the visionary behind Afriland First Group, a pan-African financial empire with global reach. Beyond banking, he is a firm believer in knowledge as a catalyst for liberation, and remains one of the continent’s most compelling advocates for inclusive development and cognitive sovereignty. Few African leaders...

Group Head, Retail and Digital Banking, Shamsideen Fasola that enhanced security and confidentiality and wider options for remittance products are other benefits that customers stand to gain from the service. “This is a transformative step in Africa’s financial services landscape. With LEO now fully integrated with the PAPSS infrastructure, UBA customers can send and receive...