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Shola Akinlade has spent a decade building Paystack into a critical piece of Nigeria’s digital economy, quietly shaping how money moves between businesses and customers. Now, the Nigerian software engineer is steering the Stripe-owned company into a new phase that places small businesses at the center of its ambitions.
With the acquisition of Ladder Microfinance Bank, r...
Coris Bank International, the Burkina Faso-based banking group founded by Idrissa Nassa, has completed the takeover of Banco Comercial do Atlântico (BCA), one of Cape Verde’s largest commercial lenders. The transaction closed Jan. 15 in Praia after clearance from Banco de Cabo Verde, the country’s central bank.
Coris enters Cape Verde banking market
Glencore Plc, the Swiss mining and commodity trading giant led by South African executive Gary Nagle, has agreed to buy at least 500,000 tons a year of hot briquetted iron from a planned plant in Oman, locking in long-term supply of a lower-carbon steelmaking input from 2030.
The offtake agreement with Meranti Green Steel allows Glencore to purchase between 500,00...
Africa’s largest cement producer, Dangote Cement Plc, majority-owned by Aliko Dangote, has rewarded its top distributors and customers with prizes valued at N15 billion ($10.5 million), highlighting the reliance on its distribution network to move products across the continent.
The awards were presented at the 2026 Distributors’ Awards Night in Lagos, an annual event re...
In Dubai, a city that has become a favored meeting point for global capital and quiet deal-making, Nigerian billionaire Femi Otedola recently welcomed fellow billionaire Abdul Samad Rabiu and other top dignitaries to his home. The gathering was not staged as a corporate event or public show, but it came at a moment when both men are overseeing transactions and expansions that...
