This entrepreneur went from Goldman Sachs to building a financial firm in Nigeria – all part of his 30-year plan

This entrepreneur went from Goldman Sachs to building a financial firm in Nigeria – all part of his 30-year plan

Femi Ogunjimi co-founded the Nigerian financial firm CardinalStone in 2008. He now focuses on its private equity arm, CardinalStone Capital Advisers, which invests in companies across West Africa. He spoke to How we made it in Africa editor-in-chief Jaco Maritz about his journey as an entrepreneur and investor. Topics discussed during the interview include: The…

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30-year Treasury yield hits 19-year high

30-year Treasury yield hits 19-year high

Traders work on the New York Stock Exchange (NYSE) on August 06, 2026 in New York City. Spencer Platt | Getty Images Treasury yields pulled back slightly on Tuesday after long-dated bonds hit their highest level in almost two decades amid a worsening U.S. fiscal situation and persistently higher inflation. The yield on the U.S….

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Usaasa’s 30-year run nears its end

Usaasa’s 30-year run nears its end

Communications minister Solly Malatsi. Image c/o DCDT The department of communications & digital technologies has confirmed that the Universal Service & Access Agency of South Africa (Usaasa) will be “disestablished”, bringing to an end nearly three decades of involvement by the troubled state entity in the country’s universal access efforts. The confirmation is contained in…

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Africa: From Analyst to Architect – Prof Oramah’s 30-Year Afreximbank Legacy End

Africa: From Analyst to Architect – Prof Oramah’s 30-Year Afreximbank Legacy End

Abuja, Nigeria — When Professor Benedict Oramah joined the African Export-Import Bank (Afreximbank) in 1994 as a young chief analyst, few could have foreseen that he would devote more than three decades to the institution–culminating in a transformative presidency that redefined its mission and expanded its impact across the continent. On June 28, during Afreximbank’s…

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