Economy

KEY POINTS Kenya approves East Africa’s first dollar denominated industrial REIT. Dollar denominated industrial REIT reduces currency risk for investors. Listing adds depth to the Nairobi Securities Exchange. Africa Logistics …

KEY POINTS Starlink South Africa licensing dispute centers on ownership rules .Musk says race based laws block Starlink’s market entry. Starlink South Africa licensing dispute persists despite investment pledges. Elon …

KEY POINTS Capitec Bank shares added $1.1 billion to Le Roux wealth. Rand strength amplified investor gains in dollar terms. Banking stocks led renewed JSE investor interest. South African billionaire …

KEY POINTS Paul van Zuydam is South Africa’s newest billionaire with an estimated net worth of $1.7 billion He acquired Le Creuset in the late 1980s and rebuilt it through …

KEY POINTS Groupe EDK Senegal retail expansion will add up to 18 new stores IFC financing is largely structured in local currency The project is expected to create more than …

KEY POINTS • Ghana’s parliament has approved a law regulating cryptocurrency activities• Central bank to license and supervise crypto platforms and service providers• Crypto remains legal but not legal tender …

KEY POINTS Adrian Gore sells $3 million Discovery stock while securing long-term hedge. Gore uses collar strategy to manage risk and protect his stake. Discovery reports $545 million profit and …

Talaat Moustafa Group is investing more than $5 billion in Oman real estate projects, marking one of the largest foreign property expansions in the sultanate

Crown Healthcare secures $10 million to build a pharmaceutical plant in Kenya, marking a shift from distribution to local drug manufacturing

KEY POINTS UK court orders Paul Ndung’u to repay $2.9 million to former co-shareholders. Ndung’u’s appeal to reclaim a 17 percent SportPesa stake is blocked. SportPesa continues operations under institutional …