Trustco NamRA Helios disputes
BusinessHot News

Namibia’s Trustco says NamRA and Helios cases remain unresolved

Trustco says NamRA, Helios disputes remain unresolved, with both cases still moving through courts and regulatory processes.

Feyisayo Ajayi Feyisayo Ajayi
Proparco Africa investments 2025
BusinessHot News

Africa anchors $1.1 billion of Proparco’s $2.9 billion deals in 2025

Proparco commits $2.9 billion globally in 2025, with $1.1 billion to Africa, reinforcing focus on private sector growth and climate…

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $130 million profit in Q1 2026

The company’s revenue rose to N354.98 billion ($262.63 million) in Q1 2026, up from N290.82 billion ($215.1 million) a year…

Omokolade Ajayi Omokolade Ajayi
Zenith Bank
BusinessHot News

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

The rally is linked to a sharp rise in its share price on the NGX, which climbed 116 percent from…

Omokolade Ajayi Omokolade Ajayi
Dangote Tanzania refinery
BusinessHot News

Kenya, Uganda in talks with Africa’s richest man, Aliko Dangote over East African refinery project

Kenya, Uganda in talks with Aliko Dangote to build Tanzania refinery, targeting regional crude processing and reducing fuel imports.

Feyisayo Ajayi Feyisayo Ajayi
Patrick Schegg Tanzania investment
BusinessHot News

Swiss-Tanzanian investor Patrick Schegg builds quiet $106 million portfolio on DSE

Swiss-Tanzanian investor Patrick Schegg builds $106 million stake across CRDB and NMB banks on the Dar es Salaam Stock Exchange…

Feyisayo Ajayi Feyisayo Ajayi
Co-op Bank holding company shift
BusinessHot News

Co-op Bank unveils holding company shift under Gideon Muriuki

Co-op Bank posts record $229.6 million profit, unveils holding company shift to drive regional expansion and efficiency.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Ghana orders Newmont, AngloGold, Zijin to hand mining work to locals by December 2026

The order, issued by Ghana’s Minerals Commission, follows a revised local ownership framework introduced in January 2025.

Omokolade Ajayi Omokolade Ajayi
Natie Kirsh, Eswatini and South African billionaire and majority owner of Jetro Holdings.
BillionairesBusinessHot News

Natie Kirsh hits $17.7 billion, overtakes Johann Rupert as Africa’s No. 2

The latest figures show a clear shift at the top, with Kirsh moving ahead of Johann Rupert and widening the…

Omokolade Ajayi Omokolade Ajayi
Paul Deuchar, long-serving head of Investec Investment Management, who oversaw growth of nearly $24 billion in assets under management.
BusinessHot News

Paul Deuchar to step down after building Investec AUM to nearly $24 billion

Investec has appointed Ryan Friedman as head of Investec Investment Management, marking a leadership transition within the firm’s specialist investment…

Omokolade Ajayi Omokolade Ajayi
global inflation 2026
BusinessGlobal NewsHot News

Global inflation surge in 2026 halts rate cuts, raises risk of new hikes

Global commodity shock fuels new inflation risks, forcing central banks to pause rate cuts as households brace for rising costs.

Feyisayo Ajayi Feyisayo Ajayi
African family-owned businesses growth
BusinessHot News

20 family-owned giants powering Africa’s industrial growth

Family-owned businesses drive Africa’s growth, blending long-term vision, resilience and capital to shape industries and expand across markets.

Feyisayo Ajayi Feyisayo Ajayi
IFC TBC Leasing $40 million loan
Global NewsHot News

IFC targets Georgia leasing sector with $40 million MSME loan after 20 years

IFC eyes $40 million loan to TBC Leasing, targeting MSME growth and rural financing gaps in Georgia’s evolving leasing sector.

Feyisayo Ajayi Feyisayo Ajayi
Mauritius Commercial Bank $400 million bond
BusinessHot News

MCB raises $400 million bond as investor demand hits $800 million

Mauritius Commercial Bank raises $400 million bond, attracting $800 million orders to fund Africa expansion and sustainable finance growth.

Feyisayo Ajayi Feyisayo Ajayi
Femi Otedola, Nigerian billionaire and chairman of First HoldCo, the parent company of First Bank of Nigeria.
BillionairesBusinessHot News

Nigerian billionaire Femi Otedola’s stake in First Hold Co nears $500 million

The rise reflects both a sharp rally in the group’s shares and a broader shift in investor sentiment toward one…

Omokolade Ajayi Omokolade Ajayi
Folasope Aiyesimoju's stake
BusinessHot News

Nigeria’s youngest dealmaker, Folasope Aiyesimoju, tops $90 million on UACN share rally

Folasope Aiyesimoju, Nigeria’s youngest dealmaker, tops $90M as UAC shares rally, boosting holdings amid strong NGX performance and dividends.

Feyisayo Ajayi Feyisayo Ajayi
Minkama's Chococam acquisition
BusinessHot News

Cameroonian investor Fabricio Ndjodo’s Minkama Capital nears $76 million Chococam takeover

Minkama Capital nears takeover of Chococam, pending regulatory approvals, marking a shift toward local ownership of Cameroon’s cocoa processor.

Feyisayo Ajayi Feyisayo Ajayi
Capitec dividend 2026
BillionairesBusinessHot News

South African billionaire Michiel Le Roux set for $64 million Capitec dividend

Michiel Le Roux set for $64 million payout as Capitec boosts dividend on stronger earnings and rising digital banking growth.

Feyisayo Ajayi Feyisayo Ajayi
Capitec Bank
BusinessHot News

South Africa’s Capitec profit tops $1 billion as customers reach record 26 million

The bank attributed the increase to higher lending activity, stronger fee income, and continued uptake of digital services.

Omokolade Ajayi Omokolade Ajayi
Remgro FirstRand exit
BillionairesBusinessHot News

South African billionaire Johann Rupert’s Remgro exits FirstRand with $515 million sale

Remgro exits FirstRand after R8.47 billion ($515 million) share sales, unlocking capital for new investments as the group reshapes its…

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Mauritius-based flower farm to receive $13 million for expansion in Ethiopia, Kenya

Mauritius-based Star Bright Holdings is set to receive $13 million from IFC to expand flower farms in Kenya and Ethiopia sustainably.

Hilton Windhoek
LuxuryTourism

Hilton Windhoek: Namibia’s leading luxury hotel destination

Hilton Windhoek delivers five-star luxury, rooftop views, and modern Namibian elegance in the city center.

Trustco NamRA Helios disputes
BusinessHot News

Namibia’s Trustco says NamRA and Helios cases remain unresolved

Trustco says NamRA, Helios disputes remain unresolved, with both cases still moving through courts and regulatory processes.

Feyisayo Ajayi Feyisayo Ajayi
Proparco Africa investments 2025
BusinessHot News

Africa anchors $1.1 billion of Proparco’s $2.9 billion deals in 2025

Proparco commits $2.9 billion globally in 2025, with $1.1 billion to Africa, reinforcing focus on private sector growth and climate finance.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $130 million profit in Q1 2026

BUA Cement reports stronger Q1 2026 earnings, with profit rising to $130 million on higher sales volumes and steady demand.

Omokolade Ajayi Omokolade Ajayi
Zenith Bank
BusinessHot News

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

Omokolade Ajayi Omokolade Ajayi
Dangote Tanzania refinery
BusinessHot News

Kenya, Uganda in talks with Africa’s richest man, Aliko Dangote over East African refinery project

Kenya, Uganda in talks with Aliko Dangote to build Tanzania refinery, targeting regional crude processing and reducing fuel imports.

Feyisayo Ajayi Feyisayo Ajayi
Gabon to sign BP, Exxon deals to boost offshore oil output and investment
BusinessTechnology

Gabon targets new BP, Exxon partnerships to boost offshore output

Gabon is stepping up efforts to revive its oil and gas sector, seeking new partnerships with global energy companies as it works to lift offshore production and attract fresh investment. The Central African nation, a member of OPEC, is aiming to position itself as a competitive destination for offshore exploration in West Africa.  Officials say the government is in talks…

Oluwatosin Alao Oluwatosin Alao
Show More