Industry Moves - Finance in Africa

What to know about Afreximbank’s new 4th president, George Elombi

Ernest Favour

Africa’s richest man, Aliko Dangote, retires as chairman of $300m sugar firm after 20 years

Cyrus Ademola

SA’s Absa Group names new chair in major leadership overhaul

Ernest Favour

Nigeria court backs apex bank amidst trademark lawsuit over eNaira

Ernest Favour

Mauritius court grants bail to ex-finance minister in $6.7m fraud case

Amarachi Orjiude-Ndibe

Afreximbank has named Dr. George Elombi as its new President and Chairman of the Board, inheriting the bank’s ambitious target to transform the bank into an institution within the next decade.

Aliko Dangote, Africa’s richest man, is stepping down as Chairman of the Board of Dangote Sugar Refinery Plc, a company worth $300m (N473.73bn) after two decades at the helm of leadership.

Rene Van Wyk appointed Absa Group Chair as part of sweeping leadership overhaul to restore stability and investor confidence

The Federal High Court in Abuja has refused to stop the CBN from using the name eNaira, ruling that halting its use could harm the economy and public trust.

A court in Mauritius has granted bail to former finance minister Renganaden Padayachy, days after ex-central bank governor Harvesh Seegolam was also released in a $6.7 million fraud case.

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What to know about Afreximbank’s new 4th president, George Elombi

Cameroonian legal expert Dr. George Elombi has been appointed president and Chairman of Afreximbank, becoming the fourth to lead the continent’s trade institution since its creation in 1993

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Africa’s richest man, Aliko Dangote, retires as chairman of $300m sugar firm after 20 years

Aliko Dangote, Africa’s richest man, is stepping down as Chairman of the Board of Dangote Sugar Refinery Plc, a company worth of over $300m (N473.73bn), after two decades at the helm of leadership. His retirement, which takes effect from June 16, 2025, marks the end of a 20-year leadership era during which he transformed the…

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SA’s Absa Group names new chair in major leadership overhaul

Absa Group has announced Rene Van Wyk as its new board chair, succeeding Sello Moloko amid the broader leadership overhaul

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Nigeria court backs apex bank amidst trademark lawsuit over eNaira

Nigeria High Court ruling backs CBN’s right to use eNaira, easing investor concern over Nigeria’s digital currency

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Mauritius court grants bail to ex-finance minister in $6.7m fraud case

The minister’s release comes just days after the island nation’s former central bank governor Harvesh Seegolam, who was also implicated in the fraud scandal, was granted bail.

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Afreximbank has named Dr. George Elombi as its new President and Chairman of the Board, inheriting the bank’s ambitious target to transform the bank into an institution within the next decade.

Aliko Dangote, Africa’s richest man, is stepping down as Chairman of the Board of Dangote Sugar Refinery Plc, a company worth $300m (N473.73bn) after two decades at the helm of leadership.

Rene Van Wyk appointed Absa Group Chair as part of sweeping leadership overhaul to restore stability and investor confidence

The Federal High Court in Abuja has refused to stop the CBN from using the name eNaira, ruling that halting its use could harm the economy and public trust.

A court in Mauritius has granted bail to former finance minister Renganaden Padayachy, days after ex-central bank governor Harvesh Seegolam was also released in a $6.7 million fraud case.