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Thursday, December 26, 2024

Amazon to buy Whole Foods for $13.7 billion

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Amazon's paying $13.7 billion for the grocery chain, which now operates some 465 stores across the U.S. Starting out as a online book seller, Amazon...

5 Egyptian Multi-Millionaires You Should Know

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Egypt is home to the largest population of millionaires in Africa after South Africa and Nigeria. Apart from the easily recognizable names like Naguib...

Ten Multi-Millionaires From Kenya You Should Know

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The number of Kenyan centi-millionaires continues to grow substantially as economic growth in the country outstrips that of other countries in the East African...

Kenyan Restaurant Discovery Site EatOut Raises $500,000 From Craft Silicon

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Nairobi-based FinTech innovator, Craft Silicon, has invested $500,000 in EatOut, a Kenyan food tech & media company. EatOut is a Kenyan restaurant search and discovery...

Meet The 36 Year-Old Entrepreneur Who Built A $1 Billion Oil...

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On a crisp late May afternoon in Dar es Salaam Ally Awadh, one of Tanzania’s most prominent businessmen, is waxing lyrical about a deal...

Rajiv Mehta, The 31 Year-Old Kenyan Entrepreneur Who Built A $1...

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Rajiv Mehta, 31, is one of Kenya’s most outstanding young entrepreneurs. The 31 year-old serial entrepreneur is the founder of Tangerine Investments, an outdoor...

Smudge, the web design company delivering top-notch digital services at the...

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Rosebank, a cosmopolitan commercial and residential suburb north of Johannesburg, is well-known for its big corporate offices, high-end shopping malls and offering a wide...

A Conversation With Vicki Escarra, Global CEO of Opportunity International

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Vicki Escarra is the CEO of Opportunity International, a nonprofit organization that provides small business loans, savings, insurance and training to more than five...

Tanzanian Multimillionaire Businessman Launches $120 Million Juice Processing Factory

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Said Bakhresa, one of Tanzania’s wealthiest man, on Thursday launched a $120 million fruit processing factory in the outskirts of Dar es Salaam. According to...

5 Business Lessons From Nigerian Oil Multimillionaire Muhammadu Indimi

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Nigerian oilman Muhammadu Indimi is one of Africa’s most successful businessmen. Indimi, who has a net worth of $500 million according to FORBES Magazine’s...

South African Billionaire Stephen Saad Scoops Entrepreneur Of The Year Award

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South African pharma billionaire Stephen Saad has been announced as the winner of the Entrepreneur of the Year Award at the annual All Africa...

Nigerian Classifieds Startup ToLet.com.ng Raises $1.2 million From Frontier Digital Ventures

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Lagos-based real estate classifieds start-up ToLet.com.ng today has raised a $1.2 million Series A round of funding from Frontier Digital Ventures. “The new funds raised...

uShaka CEO takes top honours at Businesswomen’s Association’s Business Achiever Awards

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Stella Khumalo, chief executive of uShaka Marine World, took top honours in the government section of the Durban Businesswomen’s Association Regional Business Achiever Awards...

Mark Zuckerberg backs startup looking to ‘close the opportunity gap’ in...

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Mark Zuckerberg and Priscilla Chan "like" Andela. The Chan Zuckerberg Initiative will lead a funding effort worth $24 million for Andela, a New York-based startup...

Apple invests $1 billion in China’s biggest ride-sharing company

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s an iCar showing up on our crystal balls? It sure looks like it after it was announced on Thursday that Apple has invested $1...

Istanbul and Santiago Connected: A New Route for Travelers

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Istanbul and Santiago Connected: A New Route for Travelers Turkish Airlines has expanded its network in the Americas with the launch of flights to Santiago,...

Istanbul and Santiago Connected: A New Route for Travelers

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Istanbul and Santiago Connected: A New Route for Travelers Turkish Airlines has expanded its network in the Americas with the launch of flights to Santiago,...