Ade Sun-Basorun, CEO of FoodCo Ade Sun-Basorun is the chief executive of FoodCo, a Nigerian retailer and consumer goods company. In this interview, he talks about the company’s growth, the challenges of operating in Nigeria, and the lessons he has learnt in the retail industry. FoodCo was recently ranked by the Financial Times as one…
With the African Growth and Opportunity Act (AGOA) that has anchored U.S-Africa relations since 2000 set to expire on September 30, prospects for extension or renewal grow increasingly slim. Among foundational principles that have anchored AGOA, the key one is the duty-free entry of specific African products into the American market. “AGOA has helped bolster economic growth,…
The African Union has warned the continent loses billions in illicit financial flows each year. Analysts say stopping tax evasion and corruption is just the first step to keeping African wealth in the continent. An estimated US$88 billion (€76 billion) leaves Africa annually through tax evasion, money laundering, and corruption, the African Union (AU) says. In 2015, that figure was…
South African edtech company, The Invigilator, has secured over R195m in international equity investment to support its global expansion strategy. The Invigilator team and Kaltroco team | image supplied The newly secured funding will be used to enhance the platform’s AI-powered capabilities, support multilingual functionality, expand operational teams in key global markets, and strengthen partnerships…
Are finance teams still reporting on what happened yesterday, or are they shaping what happens next? This was the centre of the conversation that happened at the Bryanston Country Club on 13 August 2025. Senior leaders gathered for TechCentral’s exclusive briefing, hosted with Sage. The focus? Future-fit enterprise – finance as a growth engine. Finance…
JSE-listed technology group Altron has issued a voluntary operational update for the six months to 31 August 2025, describing its performance in the period as “resilient” as strong growth in its “platforms” segment offset pressure in IT services. The company – with operations spanning fintech, telematics, IT services, security and document solutions – said the…
Africa Prudential Plc has announced a strong performance for the first half of 2025, posting a 75 per cent year-on-year growth in Profit Before Tax to N1.98 billion, compared to N1.13 billion recorded in the same period of 2024. The unaudited results released in Lagos showed that Profit After Tax rose by 73 per cent…
Exponant and Sage hosted the #ExponantIntacctExperience. On 14 August, Exponant and Sage hosted the #ExponantIntacctExperience, in Midrand, where finance leaders discovered how cloud and AI are reshaping the role of the CFO. The message was clear: finance is no longer about balancing books; it is about driving growth. Legacy systems and manual processes are hindering…
At the Ninth Tokyo International Conference on African Development (TICAD 9), African and Japanese leaders reaffirmed their commitment to shared growth through innovative technologies and localized solutions. The Ninth Tokyo International Conference on African Development (TICAD 9) is underway in Yokohama, bringing together governments, international organizations, private companies, and civil society. In his message regarding…
Over the past decade, African farmers and workers have done what many thought impossible – reshaping the continent’s trade into a force for good. By leading from the front, they have built resilient systems that have accorded them fairer prices, built stronger communities, and advanced inclusive practices; all emerging from their urgency and knowledge of…
