stake

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from…

3 weeks ago

Kenya loses Sh11bn stake in AfDB amid cash crunch

Kenya has lost 6,715 shares at the African Development Bank (AfDB), valued at Sh11.9 billion, after it failed to complete…

3 months ago

WA’s redistricting battle could be headed to the US Supreme Court. Here’s what’s at stake

A federal court decision earlier this month could shape who represents Eastern Washington in Olympia for years to come, and…

3 months ago

Nedbank Gains Approval for NCBA Stake Acquisition

Nedbank has secured regulatory approval to acquire a 66% stake in NCBA, a leading Kenyan bank. The transaction, valued at…

6 months ago

Prest secures Zambia court victory in Investrust stake dispute

Nigerian investor Prest is pursuing legal action to recover the value of a 24.8% stake in Investrust Bank, which he…

6 months ago