In a recent interview with How we made it in Africa, Sango Capital co-founder Richard Okello outlined the countries where he sees the greatest investment potential. Okello points first to Egypt, which he describes as “very intentional about becoming a middle-income country”. A key advantage is its population of some 120 million. For businesses, that means a vast…
President Joseph Nyuma Boakai has declared that transparency, accountability, and strong oversight institutions remain critical to strengthening investor confidence and promoting sustainable development across Africa, as Liberia hosts the 22nd Governing Board Meeting and Strategic Review of the African Organization of English-speaking Supreme Audit Institutions (AFROSAI-E) in Monrovia. Speaking Wednesday at the opening of the…
Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100,…
More than 10 investigations underway as the Financial Sector Conduct Authority highlights systemic risks in trading platforms. (Image created via Gemini) The Financial Sector Conduct Authority (FSCA) has intensified its scrutiny of online investment and trading platforms, with more than 10 active investigations underway, amid mounting consumer complaints. Speaking during a roundtable discussion last week…
African Export-Import Bank (Afreximbank) has successfully concluded a new three-year Dual Tranche Syndicated Term Loan Facility totaling US$2 billion equivalent (raising US$1.73 billion and €228 million in US$ Facility A and EUR Facility B respectively). Proceeds from the facility, concluded on 9 March 2026, will be used by Afreximbank to refinance existing facilities and for…
MTN Group has appointed Roy Mutooni as new executive of group investor relations. MTN Group has appointed Roy Mutooni as new executive of group investor relations, effective 1 April. In a statement, the company says Mutooni brings to MTN more than 20 years of experience in equity research, portfolio management, and value-based strategy across African…
Tosin Ojo Branded foods and sustainable packaging. These are just two of the areas in West Africa’s agribusiness sector where investment firm Sahel Capital sees attractive opportunities. How we made it in Africa spoke to Tosin Ojo, a partner at Sahel, who shared her insights from successfully investing in the region’s agribusiness industry. Topics discussed…
Shares in Blue Owl Capital tumbled almost 6% on Thursday after the private market and alternative assets manager sold $1.4 billion of loan assets held in three of its private debt funds. Blue Owl said Wednesday it had agreed the sale with four North American pension and insurance investors, with the loans changing hands at…
Online education platform Coursera will acquire rival Udemy in an all-stock deal, valuing the combined company at US$2.5-billion, as the industry consolidates after a post-pandemic slowdown and heightened investor scrutiny. Udemy shareholders will receive 0.8 shares of Coursera for each held, valuing the company at about $930-million. Coursera shares were up about 4%, while Udemy…
Gold has been on a tear this year, and now a Goldman Sachs survey shows many investors think the precious metal will hit a new all-time high of $5,000 by the end of 2026. Gold prices have rallied 58.6% year-to-date, and broke through the landmark $4,000 level for the first time on Oct. 8. In…
