AfricaBusiness+ unveils first ranking of top private equity firms in ...
Dec 27, 2023 · The continent, projected to raise about $3 billion in funds in 2023, is still a marginal player in the global private equity industry, which is expected to raise $1,100 billion. The reluctance of international private investors and the departure of large firms like Carlyle and KKR underscore Africa’s isolation in this domain.
Kenya And South Africa Sign Eight Agreements ... - Ventures Africa
Download logo. President Uhuru Kenyatta and President Cyril Ramaphosa witnessed the signing of the agreements shortly after they led their delegations in bilateral talks at Union Buildings in Pretoria, the official seat of the South African Government.
Ventures Africa - African Business, Financial & Economic News
Business. ODEON tours targets 620,000 tourists in Egypt for 2024 with new headquarters expansion. Saudi Arabia to convene global mineral sector at fourth future minerals forum in January 2025. African fintechs will embrace blockchain in the coming years and here’s why. Kenyan youth justifiably target IMF and government in anger.
Lord Of The Mines: Billionaire Patrice Motsepe - Ventures Africa
Jul 17, 2012 · From a low-level mining services business, Motsepe has built one of Africa’s largest mining companies. In 2010 ARM had revenues of about $2 billion and the company currently employs over 9,500 people. As a result of his 40 percent stake in ARM, Motsepe is now one of Africa’s wealthiest men, with a net worth estimated at close to $3 billion.
Paramount+ and MultiChoice deal is significant for several reasons
In the first half of 2023, MultiChoice reported a loss of nearly half a million DStv subscribers in South Africa and a $50 million loss in its 2022/2023 financial year. Paramount Global Content Distribution is one of the world’s leading distributors of premium content, with a library of over 140,000 hours of programming, including global ...
Empowering Africa’s Small and Medium-sized ... - Ventures Africa
Mar 27, 2024 · Nearly 70% of small and medium-sized enterprises (SMEs) in Africa invested in technology in the past 12 months to help boost growth and resilience – an indication that SMEs are embracing the positive impact of technology.
Ventures Africa - African Business, Financial & Economic News
Africa’s Tech Ecosystem: Innovation Thrives Amid Funding Challenges. Techup Africa launches TAMP 2024 to empower 1,000 young Africans with tech skills through scholarship. $40 000 in prize money won by four leading African entrepreneurs. Advancing financial inclusion: TBD’s vision for Africa’s digital future. Business.
The 10 Richest Women In Africa - African Female Entrepreneurs
Jul 16, 2012 · Isabel Dos Santos. Dos Santos, 39, is the oldest daughter of Angolan President José Eduardo dos Santos. The millionaire businesswoman is estimated to be worth over $50 million, with interests in oil and diamonds. She also has shares in Angolan cement company Ciminvest and the Banco Africano de Investimentos. She is worth $170 million.
Africa’s Most Innovative Banker – FNB CEO, Michael Jordaan
Sep 29, 2013 · Business. Africa’s Most Innovative Banker – FNB CEO, Michael Jordaan. Six months after starting his PhD thesis on Banking Supervision, a young Michael Jordaan saw the following recruiting advertisement for Rand Merchant Bank’s (RMB) “Class Of” programme in a newspaper: “Archie and Ben were professional golfers and keen rivals.
East Africa Sets Sights on Becoming an Liquefied Petroleum Gas …
Mar 13, 2024 · With more than 900 million Africans using biomass fuel and kerosene for cooking, liquefied petroleum gas (LPG) has emerged as a highly attractive and viable clean cooking solution. While still a fossil fuel, LPG burns more efficiently and produces fewer carbon emissions than wood, charcoal or kerosene. The fuel is both easy to store and ...