Companies

In a groundbreaking transaction worth $4 billion, Vista Equity Partners, the renowned global technology investment firm helmed by Robert F. Smith, the wealthiest Black billionaire in the United States, has reached an agreement to sell software company Apptio to International Business Machines Corp. (IBM). Following IBM’s declaration of their intention…

Nigerian companies that have contributed to its robust economic growth and development. However, like any country, the country has seen its share of companies with a controversial past, marked by mismanagement, corruption, and other dark episodes. These companies, which have faced significant challenges and encountered controversies, serve as reminders of the…

Zak Calisto, a prominent South African entrepreneur and the visionary behind Karooooo Limited, is on the verge of earning a handsome dividend of $17.3 million. This substantial sum comes as a result of his majority ownership in Karooooo, a dynamic mobility platform headquartered in Singapore. Karooooo, a leading enterprise in…

Flutterwave, a fintech unicorn spearheaded by Gbenga Agboola, a prominent Nigerian tech billionaire with headquarters in San Francisco and Lagos, is currently embroiled in yet another legal dispute. This time, a Nairobi court has issued an order to freeze 45 bank accounts and ten mobile money wallets owned by the…

Olugbenga Agboola, CEO of Flutterwave, Africa’s leading payments technology company was announced to have been selected to join the Wall Street Journal (WSJ) CEO Council. Flutterwave made the announcement today. The members of the CEO Council, which comprise 350 CEOs, lead companies that collectively employ more than 11 million people,…