Mohammed Dewji, Tanzania’s richest man and CEO of MeTL Group.
BillionairesBusinessHot News

Tanzania weighs takeover of billionaire Mo Dewji’s MeTL tea estates in Mbeya

In Mbeya, tea remains a cash crop, but inactive processing facilities linked to MeTL have left thousands of smallholder farmers…

Omokolade Ajayi Omokolade Ajayi
Egyptian wheat supply linked to import diversification strategy.
BusinessGlobal NewsHot News

Egypt targets Middle East grain hub amid rising import costs and supply risks

This comes as countries across the region continue to grapple with supply disruptions, rising import costs and pressure on food…

Omokolade Ajayi Omokolade Ajayi
Kasapreko debt reduction 2025
BusinessHot News

Ghanaian mogul Kwabena Adjei’s Kasapreko cuts debt to $52 million as cash reserves climb

Kasapreko cut debt to $52 million in 2025 as cash reserves rose, strengthening its balance sheet amid expansion in Ghana's…

Feyisayo Ajayi Feyisayo Ajayi
YeboYethu board resignation
BusinessHot News

YeboYethu director Tersha Walljee exits board after Vodacom employee trust cuts stake below 8%

YeboYethu director Tersha Walljee resigns after Vodacom Siyanda Employee Trust cut stake to 7.85%, breaching board representation threshold.

Feyisayo Ajayi Feyisayo Ajayi
Capitec dividend Jannie Mouton
BillionairesBusinessHot News

South African billionaire Jannie Mouton set for $27 million Capitec dividend

Mouton family to receive $27 million as Capitec lifts dividend on strong earnings and rising digital banking demand.

Feyisayo Ajayi Feyisayo Ajayi
Uber has approached Delivery Hero with an offer of €33 ($38.3) per share.
BusinessHot NewsTechnology

Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber has approached Delivery Hero with an offer of €33 ($38.3) per share, according to people familiar with the matter.

Omokolade Ajayi Omokolade Ajayi
Allan Kilavuka, immediate former Group Managing Director and CEO of Kenya Airways, in an official executive portrait.
BusinessHot News

Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kilavuka’s total compensation of KSh131.07 million ($1.01 million) included KSh75.4 million ($581,000) in pensions and other benefits, alongside a basic…

Omokolade Ajayi Omokolade Ajayi
Gold nuggets.
BusinessHot News

Zimbabwe restricts small-scale gold mining to citizens, tightening sector rules

The policy is aimed at separating large industrial mining projects from smaller operations reserved for local participants.

Omokolade Ajayi Omokolade Ajayi
Jaiz Bank dividend payout 2025
BusinessHot News

Nigerian banker and lawyer Sa’adat Mohammed set to earn N450 million dividend in 2025

Nigerian banker and lawyer Sa’adat Mohammed is set to earn over N450 million dividend from Jaiz Bank’s 2025 payout on…

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu
BillionairesBusinessHot News

Nigerian billionaire Abdul Samad Rabiu sees $1 billion wiped from net worth in 4 days

The decline follows a sharp run-up in the shares of several major Nigerian companies as investors reacted to stronger corporate…

Omokolade Ajayi Omokolade Ajayi
Orange Mastercard digital payments Africa
BusinessHot News

Orange, Mastercard join forces to accelerate digital payments across seven African markets

Orange, Mastercard partner to expand digital payments across Africa, targeting underserved users with mobile money-linked debit cards.

Feyisayo Ajayi Feyisayo Ajayi
Zak Calisto Karooooo dividend
BusinessHot NewsTechnology

South African tech tycoon Zak Calisto set for $27 million dividend from Karooooo

Karooooo plans a $46 million dividend payout, boosting South African billionaire Zak Calisto’s earnings to $26.9 million.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote and NNPC Group CEO Bashir Bayo Ojulari.
BusinessHot News

NNPC accuses Dangote refinery of monopoly claims as refinery private placement draws $2 billion

NNPC argued that Nigeria’s fuel market still relies on a mix of domestic refining and imports, and that sudden restrictions…

Omokolade Ajayi Omokolade Ajayi
Cape Town-based executive Alan Keet, a regional leader at Apex Group overseeing African operations.
BusinessGlobal NewsHot News

Cape Town-based executive Alan Keet steers Apex Group to $300 billion in South African assets under administration

The growth reflects years of building operational depth in a market where scale, reliability, and client confidence remain central to…

Omokolade Ajayi Omokolade Ajayi
Johann Rupert Richemont profit 2026
BillionairesBusinessHot News

Johann Rupert’s Richemont profit in 2026 tops $4 billion on booming Cartier jewellery sales

Richemont profit topped $4 billion in 2026 as Cartier jewellery demand lifted annual sales to $26 billion.

Feyisayo Ajayi Feyisayo Ajayi
Putprop sells Pretoria asset
BusinessHot News

South Africa’s Putprop sells Pretoria asset for $1.8 million in portfolio reshuffle

Putprop sells Pretoria industrial asset for $1.8 million, advancing portfolio reshuffle and reinvestment into higher-yielding properties.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian monarch and Islamic traditional ruler Lamido Sanusi, the Emir of Kano.
BusinessHot News

Nigerian monarch Lamido Sanusi’s MTN board pay may top N500 million in 2026 on stronger earnings

Over the longer term, disclosures show he has received R22.57 million in total compensation from MTN between 2019 and 2025,…

Omokolade Ajayi Omokolade Ajayi
Melanie Da Costa, CEO-designate of Netcare, a $1.4 billion South African healthcare group, during a corporate leadership transition announcement.
BusinessHot News

South African executive Melanie Da Costa named CEO of $1.4 billion healthcare group, Netcare

As Da Costa prepares to take over, the group is expected to continue expanding beyond its acute hospital business while…

Omokolade Ajayi Omokolade Ajayi
Sky Investments Holding, Egyptian conglomerate expanding investments across ports, logistics, and real estate infrastructure development.
BusinessGlobal NewsHot News

Sky Investments outlines $500 million plan for Egypt’s logistics and ports growth

The largest share of the planned capital, between $300 million and $350 million, will go into logistics and ports.

Omokolade Ajayi Omokolade Ajayi
BillionairesBusinessHot News

NCC probe puts FlySafair under scrutiny as Tshepo Mahloele’s Harith advances deal

The NCC added that FlySafair itself has acknowledged that overbooking forms part of its commercial approach.

Omokolade Ajayi Omokolade Ajayi
ExclusiveHot News

MTN CEO Ralph Mupita earns $4.1 million as telecom giant returns to profit

MTN Group posts $2.81 billion profit; CEO Ralph Mupita takes home $4.1 million in 2025 compensation.

Private jet fleet VistaJet
BusinessLuxury

10 private Jet firms elevating Luxury travel across Africa

Africa’s private jet market thrives as VistaJet, ExecuJet, and Anap Jets lead luxury travel.

Mohammed Dewji, Tanzania’s richest man and CEO of MeTL Group.
BillionairesBusinessHot News

Tanzania weighs takeover of billionaire Mo Dewji’s MeTL tea estates in Mbeya

Tanzania is reviewing options to take over or restructure Mo Dewji’s MeTL tea estates in Mbeya as government talks with the company continue.

Omokolade Ajayi Omokolade Ajayi
Egyptian wheat supply linked to import diversification strategy.
BusinessGlobal NewsHot News

Egypt targets Middle East grain hub amid rising import costs and supply risks

Egypt is expanding its grain trading and storage network to serve Middle East and African markets as import costs rise and supply risks grow.

Omokolade Ajayi Omokolade Ajayi
Kasapreko debt reduction 2025
BusinessHot News

Ghanaian mogul Kwabena Adjei’s Kasapreko cuts debt to $52 million as cash reserves climb

Kasapreko cut debt to $52 million in 2025 as cash reserves rose, strengthening its balance sheet amid expansion in Ghana's beverage market.

Feyisayo Ajayi Feyisayo Ajayi
Chevron
BusinessHot News

Chevron expands Egypt gas push with new Narges field well

Chevron starts drilling in Egypt’s Narges gas field with partners to boost output and expand Eastern Mediterranean energy production.

Timilehin Adejumobi Timilehin Adejumobi
YeboYethu board resignation
BusinessHot News

YeboYethu director Tersha Walljee exits board after Vodacom employee trust cuts stake below 8%

YeboYethu director Tersha Walljee resigns after Vodacom Siyanda Employee Trust cut stake to 7.85%, breaching board representation threshold.

Feyisayo Ajayi Feyisayo Ajayi
Capitec dividend Jannie Mouton
BillionairesBusinessHot News

South African billionaire Jannie Mouton set for $27 million Capitec dividend

Mouton family to receive $27 million as Capitec lifts dividend on strong earnings and rising digital banking demand.

Feyisayo Ajayi Feyisayo Ajayi
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