Zedcrest Group Consolidates Financial Ecosystem to Drive African Capital Growth
Zedcrest Group is restructuring its operations to create a seamless financial ecosystem, aiming to bridge capital gaps across Nigeria and the broader African market.
Category: Companies
Air Tanzania Suspends Moscow Flights Over Russian Airspace Safety Risks
Air Tanzania has temporarily suspended its services between Dar es Salaam and Moscow following a risk assessment regarding the safety of operating conditions in Russian airspace.
Kenyatta and Ndegwa families gain $166m in NCBA sale to Nedbank
The Kenyatta and Ndegwa families have gained $166 million since agreeing to sell their NCBA stake to Nedbank, driven by a 9.5% rise in the South African bank’s shares.
Discovery Bank records first profit as external customer growth surges
Discovery Bank has posted its first profit of R370 million, driven by a significant shift toward attracting customers from outside the wider Discovery group.
Medhat Khalil’s Raya Holding Abandons Sale of Raya Foods to Helios
Raya Holding has cancelled the sale of its frozen food subsidiary, Raya Foods, to Helios eight months after initial board approval due to unmet conditions.