Gary Nagle, CEO of Glencore, leading the global mining and commodity trading company.
BusinessExclusiveHot News

Gary Nagle: South African executive leading $90 billion London-listed giant, Glencore

Under his leadership, Glencore has pushed deeper into copper, a metal tied to electric vehicles, power networks, and renewable energy…

Omokolade Ajayi Omokolade Ajayi
NAHCO dividend bonus shares Olaiya
BusinessHot News

Nigerian clergyman Victor Olaiya to receive N1 billion, 24.3 million bonus shares from NAHCO

NAHCO proposes N1 billion payout, bonus shares as Olaiya’s stake surges ahead of May 15 AGM in Lagos.

Feyisayo Ajayi Feyisayo Ajayi
Westbrooke Investment Management logo representing the South African private equity firm.
BusinessHot News

Westbrooke secures $102 million for UK private equity push with South African capital

The fund is aimed at investing in six to eight lower mid-market companies in the United Kingdom over the next…

Omokolade Ajayi Omokolade Ajayi
Helios Towers 2026
BusinessHot NewsTechnology

Nigerian tycoon Temitope Lawani’s Helios opens 2026 with $230 million in revenue

Helios Towers reports $230 million revenue, driven by tenancy growth and rising telecom infrastructure demand across Africa and Middle East.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
BillionairesBusinessHot News

Africa’s richest man, Aliko Dangote, weighs Kenya for $15 billion refinery

Dangote said he is leaning toward Mombasa, pointing to the port’s depth and capacity to handle large-scale crude and refined…

Omokolade Ajayi Omokolade Ajayi
Balwin Properties 2026
BusinessHot News

Stephen Brookes’ Balwin profit tops $15 million as apartment sales surge in South Africa

Balwin profit rises above $15 million in 2026 as strong apartment sales and easing borrowing costs lift South Africa housing…

Feyisayo Ajayi Feyisayo Ajayi
Prosus sells Delivery Hero stake
BusinessHot News

Prosus divests $394 million Delivery Hero stake to meet EU rules

Prosus sells $394 million Delivery Hero stake to Aspex, advancing EU regulatory commitments after Just Eat Takeaway.com acquisition.

Feyisayo Ajayi Feyisayo Ajayi
Ladismith Cheese
BusinessHot News

South Africa’s Woodlands Dairy acquires Ladismith Cheese in $50 million deal

Woodlands Dairy, one of South Africa’s largest dairy manufacturers, majority owned by Gutsche Family Investments, has acquired Ladismith Cheese Company…

Feyisayo Ajayi Feyisayo Ajayi
NAHCO dividend and bonus shares
BusinessHot News

NAHCO chairman Seinde Fadeni set for $2.3 million dividend, 71 million bonus shares

NAHCO chairman Seinde Fadeni set for $2.3 million dividend and 71 million bonus shares after strong earnings and capital expansion…

Feyisayo Ajayi Feyisayo Ajayi
Gozem IFC $25 million financing
BusinessHot News

IFC weighs $25 million financing for Gozem after top-15 growth ranking

IFC weighs $25 million financing for Gozem to expand vehicle lending as the SuperApp ranks among Africa’s fastest-growing firms.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s richest man, Aliko Dangote.
BillionairesBusinessHot News

Africa’s richest man gains $1.26 billion as Dangote Cement jumps on London listing push

Shares of the cement producer climbed 12.1 percent over the past week, rising from N970 ($0.71) to N1,088 ($0.80).

Omokolade Ajayi Omokolade Ajayi
Angola’s Cabinda refinery begins fuel shipments.
BusinessHot News

Angola’s Cabinda refinery begins fuel shipments amid global supply strain

The refinery, built at a cost of more than $470 million, has started supplying diesel domestically while exporting heavy fuel…

Omokolade Ajayi Omokolade Ajayi
Mark Shuttleworth success
Hot NewsTechnology

Mark Shuttleworth, Africa’s first astronaut who built Ubuntu, sold Thawte for $575 million

Mark Shuttleworth built Thawte, funded Ubuntu, and became Africa’s first astronaut, shaping global tech and open-source innovation.

Feyisayo Ajayi Feyisayo Ajayi
Ecobank
BusinessHot News

After $594 million profit Ecobank targets $350 million debt raise, sustainability

The proposed notes will qualify as Tier 2 capital and will primarily support the refinancing of its existing $350 million…

Omokolade Ajayi Omokolade Ajayi
Vhernier boutiques China expansion
Hot NewsLuxury

Richemont expands Vhernier luxury boutiques in China

Richemont opens Vhernier boutiques in Beijing and Shanghai, deepening push as luxury demand grows in China, expanding its Asia strategy.

Feyisayo Ajayi Feyisayo Ajayi
Dangote Cement
BusinessHot News

Dangote Cement becomes Nigeria’s most valuable company as London listing looms

Dangote Cement now sits ahead of other major Nigerian listed firms in terms of market cap, including BUA Foods and…

Omokolade Ajayi Omokolade Ajayi
IFC Bank of Africa DRC
BusinessHot News

Bank of Africa DRC gets $5 million IFC-backed trade finance facility

IFC weighs $5 million trade finance facility for Bank of Africa DRC to boost SME imports, exports, and ease Congo’s…

Feyisayo Ajayi Feyisayo Ajayi
Admaius Africa growth fund
BusinessHot News

Rwanda-based Admaius launches $500 million for African equity expansion

Admaius launches $500 million African growth fund as IFC weighs $25 million backing for expansion across key sectors and major…

Feyisayo Ajayi Feyisayo Ajayi
Peter Ndegwa, CEO of Safaricom.
BusinessHot NewsTechnology

Kenyan court orders Safaricom to pay software developer $10.8 million in M-Pesa copyright case

The court also went further, directing Safaricom and Beluga Limited to pay Muoki 0.5 percent of gross annual M-Pesa revenue…

Omokolade Ajayi Omokolade Ajayi
AngloGold Ashanti buyback
BusinessHot News

AngloGold Ashanti opens 2026 with $1.5 billion profit, unveils $2 billion buyback

AngloGold Ashanti Plc. posts $1.2 billion record cash flow, unveils $2 billion buyback as gold prices surge

Feyisayo Ajayi Feyisayo Ajayi
Anna Mokgokong, South African businesswoman and executive chairperson of CIH, leading across healthcare, ICT, and mining.
BusinessExclusiveHot News

Anna Mokgokong: South African businesswoman behind billion-dollar investment group, CIH

From selling sandwiches to leading a $1.1 billion group, Anna Mokgokong rose to shape South Africa’s healthcare, mining, and ICT sectors.

Outdoor View of 18 On The Hill Lodge
LuxuryTourism

18 On The Hill debuts in Greater Kruger luxury scene

Luxury safari lodge 18 On The Hill opens in Greater Kruger, offering suites, wildlife, and immersive bush experiences.

Ashraf Sabry, CEO of Fawry
BusinessHot News

Ashraf Sabry’s Fawry secures Egypt TPA license, expands into healthcare

Fawry secures Egypt TPA license via Treemed, launching Fawry Healthcare to digitize claims, payments, and healthcare access.

Timilehin Adejumobi Timilehin Adejumobi
Uzziel Ndagijimana, BK Group Plc CEO
BusinessExclusive

Meet Uzziel Ndagijimana: CEO of Rwanda’s largest financial group managing $2 billion in assets

Uzziel Ndagijimana leads BK Group after serving as Rwanda’s finance minister, overseeing $2 billion assets and expanding Rwanda’s largest financial group.

Timilehin Adejumobi Timilehin Adejumobi
Mutapa-Investment-Fund
BusinessHot News

Zimbabwe’s Mutapa Investment Fund eyes $250 million to boost gold production

Zimbabwe’s Mutapa Fund seeks $250 million to expand gold mining as output targets rise through 2028.

Timilehin Adejumobi Timilehin Adejumobi
Gary Nagle, CEO of Glencore, leading the global mining and commodity trading company.
BusinessExclusiveHot News

Gary Nagle: South African executive leading $90 billion London-listed giant, Glencore

Glencore CEO Gary Nagle leads a $90 billion commodity giant reporting stronger earnings and expanding copper projects worldwide.

Omokolade Ajayi Omokolade Ajayi
Vodacom targets 275 million customers by 2030 as Africa telecom growth accelerates
BusinessTechnology

Vodacom targets 275 million Africans in major expansion push

Vodacom Group, a leading African connectivity, digital and financial services company, has raised its medium-term target to 275 million customers by 2030, as it steps up efforts to expand across a rapidly changing telecom and mobile payments landscape in Africa.  The updated goal reflects a wider push by the group to grow its customer base in markets where demand for…

Oluwatosin Alao Oluwatosin Alao
NAHCO dividend bonus shares Olaiya
BusinessHot News

Nigerian clergyman Victor Olaiya to receive N1 billion, 24.3 million bonus shares from NAHCO

NAHCO proposes N1 billion payout, bonus shares as Olaiya’s stake surges ahead of May 15 AGM in Lagos.

Feyisayo Ajayi Feyisayo Ajayi
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