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BUA Cement’s after-tax profit surged by 640.8% year-on-year in Q3 2025 — the highest growth among the top three cement makers. Dangote Cement followed with 149.8%, while Lafarge Africa posted 144.1%.

According to the latest ‘Where to Invest in Africa’ report by Rand Merchant Bank (RMB), the country climbed eight places — from 16th to eighth position — among 31 African economies assessed.

From Nigeria’s Access Holdings and FirstHoldCo to Togo’s Ecobank, Kenya’s Equity Group and KCB, and Tanzania’s CRDB Bank, regional lenders are deepening their footprint in the vast Central African nation — long viewed as too risky for large-scale banking operations.

The conglomerate completed the acquisition of a 100% equity stake in C.H.I. Limited on October 3, 2025, making the beverage and dairy firm a wholly owned subsidiary.
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The directive comes at a time when investor sentiment in Ghana’s equities market is slowly improving after years of economic uncertainty.

Data from Kenya’s Capital Markets Authority (CMA) shows that foreign participation in total equity turnover fell to 28.01% in September 2025, down from 31.28% in August. The last time foreign participation was this low was in August 2010, when it stood at 21.8%.

Nigeria’s subnationals are learning to earn, not just receive. They’re digitising taxes, reforming budgets, and using infrastructure policy to build fiscal resilience beyond Federal allocations.

A practical guide for fintech founders, product leads, and payments operators navigating payment switches in Nigeria