500 Business Champions: Is Lekela’s takeover of Infinite Power a game changer?

Is the renewable energy sector following the example of telecoms in the African market, consolidating around big hitters like MTN or Orange in their day? On 23 March last year, Infinity Power — a joint venture between Egypt’s Infinity and Masdar of the Emirates — became Africa’s largest private producer of renewable energy by completing its acquisition of 100% of Lekela Power.

A group of NGOs have challenged the LBMA over gold mining transparency as a responsible sourcing summit starts in London.12 years after its creation, the Ivorian company has already become a giant in the construction industry, both at home and in the sub-region. The key ...By focusing on a hub strategy, the Ethiopian airline has gradually established itself throughout the country’s aviation ecosystem, and now reigns supr...

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500 Business Champions: Has Dangote Cement finally found the right strategy outside of Nigeria?Despite inflationary pressures and logistical constraints, the ‘king of cement’ has confirmed its rise to prominence and seems to be finding the path to profitability in pan-African markets.
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500 Business Champions: Joining the ‘billion dollar revenue’ clubFourteen companies from the continent have entered the exclusive circle of billionaire dollar companies in the 2024 edition of our exclusive ranking of the 500 African champions.
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500 Business Champions: Russian gold billionaire Mordashov faces sanctionsIn 2008, Alexeï Mordashov gained a foothold in West African gold through the company now known as Nordgold. Today, the company is a victim of its alleged links with Moscow.
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