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CATEGORY

Business

Kenyan Millionaire Vimal Shah Steps Down As CEO Of Edible Oils Giant Bidco

Kenyan multimillionaire tycoon Vimal Shah has stepped down as the CEO of Bidco Africa, the $400 million (annual revenues) edible oils manufacturer he co-founded...

Indian Firm Acquires Kenyan Cancer Care Center For Almost $1 million

Healthcare Global Enterprises Ltd (HCG), a chain of Indian cancer treatment hospitals, has agreed to acquire a controlling stake in a Kenyan cancer care...

TECNO Launches New Selfie Smartphone For Africa

Africa’s leading mobile phone maker, TECNO Mobile, unveiled its latest smartphone, the Camon CX, at an event which took place in Nairobi last Friday....

Africa’s Richest Man Aliko Dangote To Invest $700 Million In Sugar Processing

Africa’s richest man, Aliko Dangote plans to invest $500 million in establishing a sugar processing facility in Nasarawa State, Nigeria.According to a report by...

Nigeria, South Africa and Egypt dominate the African Billionaire list of 2017

There are 25 African billionaires this year, up from 24 last year. Nigerian businessmen Femi Otedola and Abdulsamad Rabiu failed to make the cut...

Media Alert: KYOCERA Document Solutions win big at the iF DESIGN AWARD 2017

Munich, Germany - In November 2016, KYOCERA Document Solutions Inc. was recognised for their innovative product designs at the GOOD DESIGN AWARD 2016 held...

Africa’s Richest Woman Isabel dos Santos to resign from Sonangol

Africa’s richest woman, Isabel dos Santos, might resign as Chairman of state oil firm Sonangol before Angola’s General Elections in August.The Expresso, a Portuguese...

Shoprite speaks out against Xenophobia

Shoprite Nigeria strongly condemns any kind of xenophobic violence and intimidation against the citizens of other countries, anywhere in the world.The retailer is highly...

Rajiv Mehta, The 31 Year-Old Kenyan Entrepreneur Who Built A $1 Million Advertising Business

Rajiv Mehta, 31, is one of Kenya’s most outstanding young entrepreneurs. The 31 year-old serial entrepreneur is the founder of Tangerine Investments, an outdoor...

Africa’s Richest Man Loses 3.5 Million Tires To Thieving Employees

Dangote Group, the conglomerate owned by Africa’s richest man, Aliko Dangote, has announced that more than 3.5 million of its customized company tires have...

Carlyle Group And TPG Capital Make $100 Million Bid For Kenyan Restaurant Chain

Two of America’s largest private equity firms, Carlyle Group and TPG Capital, are looking to acquire Kenyan coffee chain Java House is a deal...

Rihanna announces new fragrance ‘Kiss’ for Valentine

'With Valentines Day right around the corner I got something special for my ladies. The 3rd part of the "RiRi" trilogy Kiss is finally...

Kenyan Business Mogul Twahir Sheikh Said Has Passed Away

Twahir Shiekh Said, one of Kenya’s most prominent businessmen, is dead.According to a report by The Star, the Mombasa-based businessman, who was popularly known...

Nigerian Fintech Startup Paystack Raises $1.3 Million

Paystack, one of Nigeria's most hotly anticipated tech start-ups, has just secured $1.3M Seed investment from both international and homegrown investors. The investors...

Four MFPs and Printers from KYOCERA Document Solutions Receive Prestigious Recognition at the Good Design Award 2016

KYOCERA Document Solutions once again has been recognised for their innovative product designs at the recently concluded Good Design Award 2016 held in Osaka,...

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