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WPP Scangroup Plc has announced the appointment of Akua Brayie Owusu-Nartey as the new Group Chief Executive Officer (CEO) and CEO of Ogilvy Africa, effective November 17, 2025. She will also join the company’s board as an Executive Director. The significant leadership change underscores WPP Scangroup’s commitment to strengthening its strategic direction and operational excellence across Sub-Saharan Africa. Ms. Owusu-Nartey brings over 18 years of experience in integrated communications, brand transformation, and business growth across Africa. She is recognized for her ability to revitalise underperforming businesses and manage large cross-functional teams. Her leadership spans key African markets, including Ghana, Nigeria,…
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Java House, a quick service restaurant chain in Uganda and other East African countries is set to change ownership for the fourth time in a space of a decade with the transaction awaiting approval from the Comesa Competition Commission. Alterra Capital Partners, an Africa- focused equity firm is set to acquire Java House from Actis International, a U.K based limited liability company registered in accordance with the laws of England. Actis holds an investment fund under the Actis LLP, a Mauritian investment holding company,which through its subsidiaries, is involved in the fast food and restaurants business, operating the Java House…
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“Do you know Christine Namara?” Godfrey Mutabazi, the founder of Karaa, an e-mobility startup in Uganda, asked me around 2022. “No, I don’t. Why do you ask?” I replied. “She wrote the investment memo of my startup as part of Dream VC!” Mutabazi explained. But this was the first time I had heard about Namara. I had been in venture capital for about two years and had built a strong database in my brain of people in venture capital, especially those in East Africa. But Namara was entirely unknown to me. I was intrigued. For starters, Namara was a Ugandan…
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Investment migration consultancy Henley & Partners has published its annual ranking of African cities with the most wealthy residents in its Africa Wealth Report, in collaboration with New World Wealth. The report provides a comprehensive review of private wealth in Africa, including trends in high-net-worth individuals, luxury and wealth management, as well as expert insights on investing in Africa, the migration sector investment and economic mobility on the continent. The following ranking is based on the number of millionaires (in US dollars) living in these cities: 1. Johannesburg (14,600) The city of Johannesburg, established during the Witwatersrand Gold Rush of…
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