Africa's Markets, Startups & Money Moves — Updated Daily

Seplat Energy Market Capitalisation Climb to $5.24 Billion

Seplat Energy Plc, Nigeria’s leading indigenous energy company, has seen its market capitalisation climb to $5.24 billion, as the equity stake held by Heirs Holdings crosses the $1 billion mark.

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Tony Elumelu's Redtech Eyes $100 Million Capital Raise

Redtech, a Nigerian fintech startup backed by business mogul Tony Elumelu, is considering plans to raise about $100 million over the next two years as it steps up its expansion across Africa.

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