Africa frontier markets investment
BusinessHot News

Inside South African dealmaker Zunaid Moti’s big bet on African frontier markets to capture resource upside

Zunaid Moti targets frontier markets, betting on undervalued African assets to capture long-term gains from rising demand for critical minerals.

Feyisayo Ajayi Feyisayo Ajayi
Taifa Gas deal
BillionairesBusinessHot News

Tanzanian billionaire Rostam Aziz’s Taifa Gas buys into Songo Songo field as Orca exits

Taifa Gas, owned by Tanzanian billionaire Rostam Aziz, acquires 49% of PanAfrican Energy Tanzania as Orca exits Songo Songo gas…

Feyisayo Ajayi Feyisayo Ajayi
IFC Accial fintech investment
Global NewsHot News

IFC to invest $25 million in Accial fintech fund to expand MSME lending in emerging markets

IFC plans $25 million anchor investment in Accial fund to expand fintech lending to MSMEs and underserved borrowers across emerging…

Feyisayo Ajayi Feyisayo Ajayi
RMH South Africa takeover
BusinessHot News

Van der Walt brothers’ AttBid tightens grip on RMH as firm clarifies Grove Mall sale

RMH clarifies Grove Mall sale remains conditional as AttBid nears 43% stake, intensifying takeover battle and shareholder scrutiny.

Feyisayo Ajayi Feyisayo Ajayi
SAHCO dividend payout 2025
BusinessHot News

Nigerian business tycoon Taiwo Afolabi to pocket N986.9 million from SAHCO Plc

Nigerian tycoon Taiwo Afolabi will receive N986.85 million dividend from SAHCO Plc for FY2025 after strong earnings growth, report shows…

Feyisayo Ajayi Feyisayo Ajayi
AttBid RMB Holdings takeover
BusinessHot News

South African Van der Walt brothers’ AttBid buys extra 5 million shares amid RMH takeover push

AttBid raises RMB Holdings stake near 43% after buying 5.13 million shares, accelerating takeover bid and control push of the…

Feyisayo Ajayi Feyisayo Ajayi
Sim Tshabalala, CEO of Standard Bank Group.
BusinessExclusiveHot News

South African executive Sim Tshabalala earned $6.4 million from Standard Bank in 2025

The figure marks an increase from R89.2 million ($5.4 million) in 2024 and reflects a higher share of performance-based awards…

Omokolade Ajayi Omokolade Ajayi
Capitec Bank
BusinessHot News

Capitec’s market cap tops $30 billion, regains title as Africa’s most valuable bank

The South African lender, known for its large retail customer base, overtook FirstRand to regain its position as the continent’s…

Omokolade Ajayi Omokolade Ajayi
Sirius Real Estate rent growth
BusinessHot News

South Africa’s Sirius Real Estate posts 6.4% rent growth as $542 million acquisitions drive expansion

Sirius Real Estate reports 6.4% rent growth, driven by acquisitions and strong leasing demand across Germany and the U.K.

Feyisayo Ajayi Feyisayo Ajayi
Michael Ade-Ojo Custodian dividend payout
BusinessHot News

Nigerian auto magnate Michael Ade-Ojo to pocket $1.9 million from Custodian Investment

Michael Ade-Ojo set for $1.9 million payout as Custodian Investment boosts dividend on strong 2025 earnings growth.

Feyisayo Ajayi Feyisayo Ajayi
Sasini avocado plant sale
BusinessHot News

Kenya’s Sasini Plc moves to sell Nairobi avocado plant amid strategy shift

Sasini Plc plans to sell its Nairobi avocado plant after returning to profit, signaling a strategic shift in its horticulture…

Feyisayo Ajayi Feyisayo Ajayi
Nigerian banker Segun Agbaje, CEO of GTCO.
BusinessHot News

Nigerian banker Segun Agbaje to pocket N490 million from GTCO

The payout follows GTCO’s final dividend recommendation for the 2025 financial year, reflecting Agbaje’s continued interest in one of Nigeria’s…

Omokolade Ajayi Omokolade Ajayi
Pearl of Africa Hotel debt crisis
BusinessHot NewsLuxury

Why Ugandan businessman Mohammed Hamid’s $300 million Pearl of Africa Hotel is still in debt crisis

Ugandan businessman Mohammed Hamid risks losing his $300 million hotel as $160 million debt pushes it toward possible auction.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire businessman Tony Elumelu.
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu’s Seplat stake tops $800 million as shares climb

The gain follows a deal completed at the end of 2025 that positioned him as the largest shareholder in the…

Omokolade Ajayi Omokolade Ajayi
Sam Jonah investment strategy
BusinessHot News

Ghana’s Sam Jonah: From Ashanti Goldfields CEO to investment mogul

Sam Jonah rose from miner to Ashanti CEO, building a gold giant and later a pan-African investment empire.

Feyisayo Ajayi Feyisayo Ajayi
Unifreight Africa trailer, part of the company’s logistics operations.
BusinessHot News

Zimbabwe’s Unifreight Africa plans capacity expansion amid tobacco surge

The increase is expected to be supported by efforts to improve efficiency and expand operations, including a planned acquisition of…

Omokolade Ajayi Omokolade Ajayi
Kenya Airways airline operations during 2025 financial results period.
BusinessHot News

After $132 million loss, Kenya Airways’ bailout hopes fade under tighter rules

The Kenya Civil Aviation Authority has introduced stricter conditions for state support, including debt guarantees and bailouts.

Omokolade Ajayi Omokolade Ajayi
Funeka Montjane salary Standard Bank
BusinessHot News

South African CEO Funeka Montjane pockets $4.2-million from Standard Bank in 2025

Standard Bank’s Funeka Montjane earned $4.2 million in 2025 as PPB drove growth, boosting clients, earnings and group profitability.

Feyisayo Ajayi Feyisayo Ajayi
Nigeria crude export strategy
BusinessHot News

Nigeria’s debut of Cawthorne crude export exposes tension between NNPCL, Dangote refining model

Nigeria’s first Cawthorne crude export to Europe exposes tension between export strategy and Dangote-led domestic refining ambitions.

Feyisayo Ajayi Feyisayo Ajayi
Sunu Bank court ruling Senegal
BusinessHot News

Senegal’s Sunu Bank wins legal battle as Dakar court orders Pharmacie Royale to pay $275,000

Sunu Bank wins Dakar court ruling, securing $275,000 payment as it strengthens credit enforcement and post-acquisition risk controls.

Feyisayo Ajayi Feyisayo Ajayi
Brahman Hills Garden
LuxuryTourism

Brahman Hills launches 5-star premium signature villas

Brahman Hills launches 5-star Premium Signature Villas with private service, spa, and immersive garden experiences.

Riyadh airport logistics upgrade
BusinessHot News

Elsewedy Electric’s Rowad begins major logistics upgrade at Riyadh airport

Elsewedy Electric’s Rowad begins major Riyadh airport upgrade, boosting cargo capacity and advancing Saudi Arabia’s logistics ambitions.

Africa frontier markets investment
BusinessHot News

Inside South African dealmaker Zunaid Moti’s big bet on African frontier markets to capture resource upside

Zunaid Moti targets frontier markets, betting on undervalued African assets to capture long-term gains from rising demand for critical minerals.

Feyisayo Ajayi Feyisayo Ajayi
Taifa Gas deal
BillionairesBusinessHot News

Tanzanian billionaire Rostam Aziz’s Taifa Gas buys into Songo Songo field as Orca exits

Taifa Gas, owned by Tanzanian billionaire Rostam Aziz, acquires 49% of PanAfrican Energy Tanzania as Orca exits Songo Songo gas field deal.

Feyisayo Ajayi Feyisayo Ajayi
RMH South Africa takeover
BusinessHot News

Van der Walt brothers’ AttBid tightens grip on RMH as firm clarifies Grove Mall sale

RMH clarifies Grove Mall sale remains conditional as AttBid nears 43% stake, intensifying takeover battle and shareholder scrutiny.

Feyisayo Ajayi Feyisayo Ajayi
Cross Switch launches Absa Pay in South Africa
BusinessTechnology

Cross Switch launches Absa Pay in South Africa, expanding digital payments

Cross Switch has launched Absa Pay in South Africa, expanding its payments offering as demand grows for secure, bank-authenticated checkout options across the country’s fast-developing digital economy. The rollout gives merchants a new way to process payments that keeps transactions within a trusted banking environment.  The launch comes as South Africa’s e-commerce market continues to expand, supported by rising smartphone…

Oluwatosin Alao Oluwatosin Alao
Hyde -johannesburg-rosebank (Headliner suite)
BusinessLuxury

Hyde Johannesburg blends boho style with skyline views

Hyde Johannesburg opens in Rosebank, blending boho design, skyline views, coworking spaces and award-winning dining at The Bank.

Timilehin Adejumobi Timilehin Adejumobi
Waterfall City unveils $45 million hotel, conference expansion in Johannesburg
BusinessTourism

Waterfall City project: $45 million hotel, conference expansion in Africa

Attacq Waterfall Investment Company and Rabie Property Group have committed $45 million to expand Waterfall City with a new conference centre and hotel, strengthening Johannesburg’s role in Africa’s business tourism and meetings industry. The project adds fresh capacity to a market that has seen rising demand for large corporate gatherings and international conventions.  The development reflects a broader shift in…

Oluwatosin Alao Oluwatosin Alao
Show More