UK government bets $15 million on one of Kenya’s biggest supermarket chains as QuickMart heads for IPO
Reports show that the FCDO,of the Kenyan supermarket chain, Quick Mart, to the tune of US$15 million (KES 1.94 billion)
Wall Street’s biggest obsessions are showing up in inflation
Wednesday’s inflation report suggests the broader economy is being pulled along by those same drivers to the detriment of the everyday consumer
Africa’s biggest phone seller faces weak investor demand ahead of $428 million Hong Kong debut
The company closed its public offering on Monday, 12 October, ahead of a planned stock-market debut on 15 October, as it seeks to raise up to $428 million (HK$3.36 billion)
Airtel Money set for £5.3bn float in biggest London IPO for five years
Airtel Money set for £5.3bn float in biggest London IPO for five years The group is looking to raise around 800 million US dollars (£601 million) from the IPO. F7HM3R MALAWI, Salima, money transfer with airtel money, Airtel is an indian mobile phone company in contrast VISA advertisement of FMB Bank Holly Williams3 minutes ago
Nvidia just greenlit the biggest buyback in stock market history
The tech giant, whose chips are powering much of the AI boom, said on Monday that it has authorized an expansion of its existing share buyback plan by $150 billion, increasing the value of approved repurchases to $235 billion
Africa’s biggest economy seeks private partners for $2.7 billion manganese export corridor
Transnet issued a request for qualifications for the Ngqura manganese export corridor, which connects Northern Cape mines to Eastern Cape ports. The private partner will help finance, build and operate the infrastructure while also rehabilitating the rail network supporting the route
Africa’s biggest economy taps Gulf expertise as it looks to unlock $9.5 billion property empire
The government is considering a development fund that could raise money for projects linked to the planned South African National Property Company, Public Works and Infrastructure Minister Dean Macpherson said in a Bloomberg TV interview
Africa’s biggest economy wants to revive two inactive refineries, but the bill is over $8 billion
The Central Energy Fund (CEF) said it plans to spend about $7.15 billion upgrading the Sapref refinery in Durban, the country’s largest refinery, which it acquired from BP and Shell in 2024 for a symbolic 1 rand after the facility was damaged by floods
Africa’s 3 biggest economies are at UNGA 2026, but their presidents are missing
The three economies are projected to be worth roughly $480 billion, $430 billion and $377 billion respectively in 2026, according to the latest International Monetary Fund (IMF) projections, putting South Africa, Egypt and Nigeria at the top of the continent’s economic rankings
South Africa opens its biggest hospitality investment in nearly 50 years worth over $122.69 million
The Club Med Beach & Safari Resort in Tinley Manor, KwaZulu-Natal, was officially opened on Thursday, with Tourism Minister Patricia de Lille delivering Ramaphosa’s address on his behalf