Despite increased connectivity, internet costs in Africa are still high
Technology multinationals from Meta to Google are scrambling to upgrade Africa’s digital infrastructure at a frenetic pace to lower...
Omondi Joseph
Sultan Khimji: Kenyan billionaire who sold his bank for $1 fights on
Until 2022, details of the acquisition of Kenya’s Fidelity Commercial Bank were kept a secret. All that people knew...
Edha Nahdi: Little-known Tanzanian tycoon who wants to buy Kenya’s largest cement company
When word came out that Amsons Group, a Tanzanian conglomerate, had offered a $182 million binding deal to take...
How President Ruto’s broken promises to ‘hustlers’ drove Kenya into crisis
Kenya has been on the news a lot lately. The “youthquake” has shaken the political class, with people saying...
Corruption and greed: How Kenya’s President Ruto lost favour with ‘hustlers’
Kenya’s President William Ruto rode to power on anger among low-income Kenyans against the previous regime – in which...
Cyril Ramaphosa – billionaire struggling to run a fractured South Africa
South Africa’s President Cyril Ramaphosa seems to face a daunting challenge running Africa’s largest economy and most industrialized nation....
The 10 largest companies in Africa based on market capitalization
African stock exchanges are relatively smaller compared to other continents. Consequently, listed firms are not as big as the...
South Africa: Ruins of Nelson Mandela’s rainbow nation dream
South Africa, the rainbow nation, makes for an interesting story. Experts and polls prediction that the ruling party ANC...
Why are well-funded African startups closing?
Post-financial crisis ushered in an era of easy capital for some African enterprises that were considered to be operating...
Adnan Khashoggi: Saudi arms dealer who hosted parties for CIA spies and tycoons in Kenya
Adnan Khashoggi, the Saudi arms dealer who once strode Kenya like a colossus, is not your typical billionaire who...