MTN CEO Karl Toriola urges tariff hike to prevent telecom shutdown
MTN Nigeria CEO Karl Toriola has called for a tariff hike to address rising operational costs and prevent a potential service shutdown, as the telecom giant faces significant financial pressures amid Nigeria’s challenging economic environment.
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Africa’s richest man Aliko Dangote is $213 million richer this year
The increase is tied to his 86 percent stake in Dangote Cement Plc, Africa’s largest cement producer, which has gained nearly $200 million in value this year.
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Egypt’s richest family powers major expansion at the American University in Cairo
The company has secured the contract to develop “Campus 2026,” a major expansion of The American University in Cairo (AUC).
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Zimbabwe’s richest man urges local venture funding, pushes for high school entrepreneurship
Strive Masiyiwa believes a stronger local investment ecosystem would create a more sustainable future for entrepreneurs across the continent.
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South African billionaire Patrice Motsepe’s ARC, raises stake in JSE-listed Alexforbes to $264 million
Patrice Motsepe’s ARC raises its stake in JSE-listed Alexforbes to $264.34 million, reinforcing its influence in South Africa’s financial services sector.