African tech unicorns
Hot NewsTechnology

10 most valuable African tech unicorns

Africa’s tech ecosystem has produced billion-dollar startups solving payments, talent, and logistics gaps while attracting global investors.

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Raya Holding profit 2025
BusinessHot News

Egypt’s Raya Holdings sees profit slip to $6.5 million in 2025

Raya Holding profit slips to $6.5 million in 2025 despite revenue growth, as Egypt’s outsourcing giant expands global BPO operations.

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Reinet's $3.9 billion payday
BusinessHot News

Johann Rupert’s Reinet secures $3.9 billion payday from PIC sale

Johann Rupert’s Reinet to earn $3.9 billion from PIC stake sale, boosting liquidity and global investment influence.

Feyisayo Ajayi Feyisayo Ajayi
BusinessExclusive

Abdul Samad Rabiu’s son, Khalifa, joins Nigeria’s wealthy with $271 million BUA Foods stake

Abdul Samad Rabiu’s son, Khalifa, joins Nigeria’s wealthy with a $271 million stake in BUA Foods.

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BusinessHot News

U.S., China push Ghana to halt gold royalty hike amid miner backlash

U.S. and China urge Ghana to reconsider gold royalty hike as miners warn higher rates could hurt Africa’s top gold…

Omokolade Ajayi Omokolade Ajayi
Hot NewsLuxuryTourism

10 best private islands in Africa

Africa’s private islands offer ultra-luxury escapes, pristine beaches, and conservation-led hospitality across Seychelles, Tanzania and Mozambique.

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ADvTECH earnings growth
BusinessHot News

ADvTECH projects up to 19% earnings growth as valuation nears $1.5 billion

ADvTECH forecasts 14%–19% earnings growth for 2025 as Africa’s largest private education group approaches a $1.5 billion market valuation.

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Fawry $57.6 million profit
BusinessHot News

Egyptian tech mogul Ashraf Sabry’s Fawry posts $57.6 million profit in 2025

Fawry reports $57.6 million profit in 2025, driven by booming digital payments and banking services under Ashraf Sabry’s leadership.

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BusinessExclusive

Auwalu Abdullahi Rano: The oil mogul behind Nigeria’s first unmanned fuel stations

Auwalu Abdullahi Rano launches Nigeria’s first 24/7 unmanned fuel stations, combining technology with fuel retail across AA Rano Nigeria Limited.

Omokolade Ajayi Omokolade Ajayi
MTN deal puts $109.8 million in Darwish’s reach
BusinessHot News

MTN’s $6.2 billion IHS takeover could deliver $109.8 million to founder Sam Darwish

MTN’s $6.2 billion takeover of IHS Towers could hand founder Sam Darwish $109.8 million, highlighting the telecom giant’s two-decade infrastructure…

Feyisayo Ajayi Feyisayo Ajayi
African Rainbow Minerals profit
BusinessHot News

South African billionaire Patrice Motsepe’s ARM posts $183.6 million half-year profit

African Rainbow Minerals, led by Patrice Motsepe, reports $183.6 million half-year profit as revenue climbs and strong commodity prices boost…

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BusinessHot News

AfDB backs billion-dollar aviation push as Africa becomes fastest-growing market

AfDB launches billion-dollar program to boost Africa’s aviation and attract long-term investment.

Omokolade Ajayi Omokolade Ajayi
Africa direct-to-device satellite network
Hot NewsTechnology

Axian Telecom, AST SpaceMobile launch Africa’s first direct-to-device satellite network

Axian Telecom and AST SpaceMobile plan Africa’s first direct-to-device satellite network to expand 4G and 5G access to rural areas.

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BusinessHot News

FirstRand tops Capitec as Africa’s most valuable lender, eyes Ghana and Nigeria

FirstRand surpasses Capitec as Africa’s top lender, targeting growth in Ghana, Nigeria, and broader regional markets.

Omokolade Ajayi Omokolade Ajayi
Dollar-denominated REIT and firms in Africa
BusinessHot News

Toby Selman’s Africa Logistics Properties and the rise of dollar-denominated entities in Africa

Toby Selman’s Africa Logistics Properties launches East Africa’s first dollar-denominated REIT, boosting investor confidence continent-wide.

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EntertainmentTechnology

Showmax to shut down as MultiChoice reviews streaming strategy after Canal+ takeover

Showmax to shut down as MultiChoice reviews streaming strategy after Canal+ $2.1 billion acquisition.

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Tanzania petroleum storage expansion
BusinessHot News

Tanzania launches $273 million petroleum storage expansion shields against Strait of Hormuz disruption

Tanzania breaks ground on $273 million petroleum storage to boost energy security amid global supply risks.

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Hot News

Oil at $85 boosts Nigeria, Angola but pressures South Africa’s economy

Brent crude nears $85, boosting Nigeria and Angola’s revenue while raising fuel costs in South Africa.

Omokolade Ajayi Omokolade Ajayi
Nassef Sawiris OCI Global transition
BusinessHot News

Egypt’s richest man, Nassef Sawiris shifts to non-executive role after 13 years leading OCI Global

Egypt's richest man, Nassef Sawiris will transition from OCI Global executive chairman to non-executive director after 13 years leading the…

Feyisayo Ajayi Feyisayo Ajayi
GB Corp new subsidiaries
BusinessHot News

Ghabbour family’s GB Corp. to launch three new units, seeks shareholder approval

GB Corp. plans three subsidiaries in technology and investment services, pending shareholder approval at its March 29 extraordinary meeting in…

Feyisayo Ajayi Feyisayo Ajayi
Raya Holding profit 2025
BusinessHot News

Egypt’s Raya Holdings sees profit slip to $6.5 million in 2025

Raya Holding profit slips to $6.5 million in 2025 despite revenue growth,…

Feyisayo Ajayi Feyisayo Ajayi
Reinet's $3.9 billion payday
BusinessHot News

Johann Rupert’s Reinet secures $3.9 billion payday from PIC sale

Johann Rupert’s Reinet to earn $3.9 billion from PIC stake sale, boosting…

Feyisayo Ajayi Feyisayo Ajayi
BusinessExclusive

Abdul Samad Rabiu’s son, Khalifa, joins Nigeria’s wealthy with $271 million BUA Foods stake

With a significant $271 million stake in food giant BUA Foods Plc,…

Omokolade Ajayi Omokolade Ajayi
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