IFC Guinea construction financing
BusinessHot News

IFC backs $20 million risk-sharing deal to finance Guinea’s construction firm GPC

IFC plans $20 million risk-sharing deal with Ecobank Guinea to expand financing for construction and mining contractor GPC in Guinea…

Feyisayo Ajayi Feyisayo Ajayi
Growthpoint Properties revenue update
BusinessHot News

Growthpoint Properties reports $403 million revenue as property assets near $10 billion

Growthpoint Properties posts $406 million half-year revenue, interim dividend rises 8.5% on strong SA portfolio performance and strategic acquisitions.

Feyisayo Ajayi Feyisayo Ajayi
Hosken Consolidated Investments Kalahari Mall sale
Hot NewsLuxury

Hosken Consolidated Investments to sell Kalahari Mall for $48.6 million

Hosken Consolidated Investments agrees $48.6 million sale of Kalahari Mall in Upington, aiming to reduce debt and unlock value for…

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Tanzania’s first dollar billionaire, Rostam Aziz, acquires majority stake in Nation Media Group

The acquisition follows an agreement between The Aga Khan Fund for Economic Development S.A. (AKFED) and Aziz’s company, Taarifa Ltd.

Omokolade Ajayi Omokolade Ajayi
Hot NewsSports

Anthony Joshua moves to Dubai even as Iran tensions shake UAE safe-haven status

This comes as the UAE faces attacks from Iranian suicide drones, raising questions about the city’s promise of security.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Metair Investments Limited reports $1.1 billion revenue in 2025 as AutoZone drives growth

Metair Investments reports $1.1 billion revenue in 2025 as AutoZone expansion, restructuring, and stronger demand lift margins and operating performance.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTechnology

Naspers shares rise after 20% slump, market cap hits $44 billion

The rebound has lifted Naspers’ market capitalization to R726 billion ($44.4 billion), according to market data reviewed at the time…

Omokolade Ajayi Omokolade Ajayi
Remgro sells FirstRand stake
BusinessHot News

Remgro sells $300 million FirstRand stake as it exits non-core investment

Remgro sells R4.88 billion ($300 million) FirstRand shares, continuing its strategic exit from the banking giant after the 2020 RMB…

Feyisayo Ajayi Feyisayo Ajayi
largest listed agribusiness firms in Africa
BusinessHot News

20 largest listed agribusiness firms in Africa

Africa’s 20 largest listed agribusiness firms power food production, fertilizers, poultry, plantations and exports across major regional markets.

Feyisayo Ajayi Feyisayo Ajayi
ExclusiveHot News

Beyoncé, Dr. Dre join billionaire ranks as global total climbs to 3,428

Beyoncé and Dr. Dre join 3,428 billionaires worldwide as global wealth climbs to $20.1 trillion, fueled by tech, finance, and…

Omokolade Ajayi Omokolade Ajayi
Hot NewsTourism

Hilton Nairobi revives conference business after sale attempt falls through

Exterior view of the Hilton Nairobi building in Kenya’s central business district, a landmark property now hosting corporate conferences and…

Omokolade Ajayi Omokolade Ajayi
Desmond de Beer Lighthouse dividend
BusinessHot NewsLuxury

South African businessman Desmond de Beer to receive $6.3 million from Lighthouse

South African businessman Desmond de Beer will receive $6.3 million after Lighthouse Properties declared a €30.24 million ($35.2 million) interim…

Feyisayo Ajayi Feyisayo Ajayi
Hyprop Hyde Park Corner sale collapse
BusinessHot NewsLuxury

Hyprop top executives forfeit shares after Hyde Park Corner sale collapses

Hyprop executives repay incentives and forfeit shares after failed sale of 50% stake in Johannesburg’s Hyde Park Corner mall collapses.

Feyisayo Ajayi Feyisayo Ajayi
Portside Tower
BusinessHot News

South Africa’s economy grows fastest in three years amid reforms

While the increase may appear modest compared with global peers, for a country that has struggled to maintain consistent growth…

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Absa, South Africa’s third-biggest lender, boosts headline earnings to $1.52 billion

Absa’s headline earnings climb 12% to $1.52 billion in 2025, driven by stronger client activity and higher non-interest income across…

Omokolade Ajayi Omokolade Ajayi
Dangote refinery fuel price increase
BusinessHot News

Aliko Dangote’s refinery just raised fuel prices by up to 34%. Here is why it had no choice

Aliko Dangote’s refinery raises petrol and diesel prices up to 34% as Iran conflict pushes crude higher, reflecting Nigeria’s market-driven…

Feyisayo Ajayi Feyisayo Ajayi
IFC loan Nile Sugar Egypt
BusinessHot News

IFC considers $40 million loan for Sawiris family’s Nile Sugar expansion in Egypt

IFC considers $40 million loan to support Sawiris family’s Nile Sugar expansion, boosting Egypt’s beet farming, supply chains, and domestic…

Feyisayo Ajayi Feyisayo Ajayi
Africa’s largest agribusiness companies
BusinessHot News

50 largest listed agribusiness companies in Africa

Shore Africa profiles 50 of Africa’s biggest listed farms and agribusinesses powering food production, exports and rural employment.

Feyisayo Ajayi Feyisayo Ajayi
Tony Elumelu joins Seplat’s board after $500 million stake deal, setting stage for chairmanship at Nigeria’s leading indigenous energy producer.
Hot NewsTourism

Billionaire Tony Elumelu takes time off in France’s Biarritz after historic growth across his business empire

Elumelu shared a glimpse of the break with his millions of followers on Instagram after moving through a demanding international…

Omokolade Ajayi Omokolade Ajayi
Pan African shifts to London Main Market
BusinessHot News

Pan African Resources expands Australia presence with $218 million acquisition

Pan African Resources to buy Emmerson Resources for $218 million, consolidating Tennant Creek gold assets in Australia.

Feyisayo Ajayi Feyisayo Ajayi
IFC Guinea construction financing
BusinessHot News

IFC backs $20 million risk-sharing deal to finance Guinea’s construction firm GPC

IFC plans $20 million risk-sharing deal with Ecobank Guinea to expand financing…

Feyisayo Ajayi Feyisayo Ajayi
Liquid C2, CyberCoach partner to boost cybersecurity for African businesses
BusinessTechnology

Liquid C2, CyberCoach partner to boost cybersecurity for African businesses   

Liquid C2 partners with CyberCoach to boost cybersecurity across Africa.

Timilehin Adejumobi Timilehin Adejumobi
Growthpoint Properties revenue update
BusinessHot News

Growthpoint Properties reports $403 million revenue as property assets near $10 billion

Growthpoint Properties posts $406 million half-year revenue, interim dividend rises 8.5% on…

Feyisayo Ajayi Feyisayo Ajayi
Show More