MTN: Connecting Africa and the World

Founded in 1994 as M-Cell, the MTN Group has outgrown its humble beginnings in South Africa to become a formidable force in the telecommunications industry. Today, with a mobile subscriber base of about 273 million, MTN is the eight largest mobile network operator in the World and the largest in Africa. With a workforce that is believed to be in excess of 19,000, an asset base valued at US$19.43 billion and revenues exceeding US$9 billion as at 2019, MTN controls significant wealth in the continent, making it a true herald…

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TADB: FINANCING TANZANIA’S AGRICULTURAL FUTURE

Raising financial resources in Africa remains one of the biggest impediments to the growth and sustainability of agriculture – especially in Tanzania, which is one of the countries with the brightest prospects to boost agricultural productivity in the Continent. Tanzania Agricultural Development Bank’s Managing Director outlines how the Bank is seeking to change this narrative The transformation of Tanzania’s agriculture sector offers huge opportunities for acceleration of job creation, economic growth and poverty reduction – in a country with vast land resources, adequate water and fertile soils. Looking at key…

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TONY ELUMELU: CHANGING AFRICA THROUGH DEALS & GIVING BACK

Through his Heirs Holdings, one of Africa’s most important business conglomerates, Tony Elumelu continues to invest in some of the key sectors in Africa, including banking, hospitality, power, oils and gas and more – while building the capacity of Africa’s next wave of entrepreneurs. Tony Elumelu is an African economist, entrepreneur, and philanthropist. He is one of Africa’s billionaires, having joined the exclusive list in 2014. He is the Chairman of United Bank for Africa, one of the largest financial services groups on the African continent with more than 18…

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FES Group: Building Southern African Agriculture through Technology

ENGINEERING & AGRIBUSINESS SERVICES Farming & Engineering Services (FES Group) is an agricultural solutions company based in Blantyre, Malawi. With a diverse range of services to the sector, the company prides itself in its rich history and exemplary customer service to its customers. The company has recently received investment by leading private equity funds and has also entered the Zambian market to grow its footprint in Southern Africa region For more than 50 years and counting, one company has straddled the agriculture landscape in Malawi like no other. Farming &…

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Hewa Tele: Boosting Oxygen Supplies to Kenya’s Healthcare System

HEALTHCARE As the Covid-19 pandemic ravages the World, the need and relevance of oxygen in human health has become one of the most important debate topics. Hewa Tele, a Kenyan based social enterprise that provides oxygen to medical institutions in Kenya, and its founder Dr. Bernard Olayo, have become critical to how the region survives the pandemic in Kenya and the region and how the future of healthcare will be formulated in the years to come Not many people get their names mentioned by US billionaire Bill Gates, leave alone…

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Kaeme: Personal Care Products with a Purpose

PERSONAL CARE The personal care industry in Africa is changing to meet the needs of a young, vibrant population. Kaeme is a young start-up based in Accra, Ghana that is leading the way in producing high quality personal care products from Ghana for West Africa, Africa and the World market. We interviewed the proprietor of Kaeme, the jubilant entrepreneur Freda Obeng Ampofo on starting the business, its growth prospects and her future aspirations The future of the personal care industry in Africa is young, authentic, hip and vibrant. With a…

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Eugene Stals – Why Phatisa is Focused On Investing In Africa’s Food Industry

PRIVATE EQUITY Africa Inc. talked to Eugene Stals, the Chief Investment Officer of Phatisa on the private equity fund focused on the food and housing industry in Africa. The opportunities in Africa’s food industry value chain are increasing, and Eugene believes that Phatisa’s approach fits perfectly in changing the narrative in the Continent. Eugene, you joined the Phatisa team as Chief Investment Officer in November 2018, after almost a year back on the continent, what are your impressions on the growth of the asset class in your absence? I think…

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Jeremy Block – Coffee icon celebrates 70 years of Dormans Group’s impact

INSPIRATIONAL INTERVIEW The name Jeremy Block is synonymous with the coffee industry in Kenya, Africa and beyond, and when put together with Dormans Group, he has spent nearly 40 years to grow the company to be the leading coffee growers, processors and exporters in East Africa. As the company celebrates its 70th anniversary, Africa Inc.magazine had a discussion with Jeremy as he eases off his responsibilities and hands over daily management of the Group to a new set of leaders. Please take us back to 70 years ago when the…

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Musa Otieno – Growing Africa’s Next Leaders Through Football

SPORTS & COMMUNITY Through The Kick-Off To Hope Foundation, Musa Otieno Has Turned His Love For Football To Bring Change To Young People And The Community In Nairobi. The Foundation Runs A Football Academy In The Deprived Eastlands Section Of Nairobi For Young Boys And Girls, While Helping The Local Community. The name Musa Otieno is synonymous with football in Kenya – especially in the Eastlands area of Nairobi, where the love for football comes as second nature to young people and adults alike. As a former captain of the…

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Kwanza Tukule Foods – Improving Access to Nutritious Foods for Urban Dwellers

START-UP Kwanza Tukule Foods is seeking to change the way lower income earners in Nairobi, Kenya eat away from home. With a focus on providing access to affordable, delicious and nutritious protein foods and utilising the latest digital technology and sustainable practices, the company aims to transform food vending in Kenya and the region’s urban landscape. Innovation is on the rise in Africa and the use of technology to solve day to day problems is moving full steam ahead, and with it the kinds of enterpreneurs and solutions being launched…

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