Transpaco chair Derek Thomas offloads entire $4.5 million stake in South African packaging firm

Transpaco chairman Derek Thomas has sold his entire indirect 5.79% stake in the South African packaging company for $4.5 million.

Feyisayo Ajayi Feyisayo Ajayi

Discovery appoints Principal Financial Group executive Vivek Agrawal to board

Discovery has appointed Principal Financial Group executive Vivek Agrawal as an independent director, adding international financial services expertise.

Feyisayo Ajayi Feyisayo Ajayi

Eskom Chair Mteto Nyati pledges to curb South Africa’s steep tariff hikes

Eskom chairperson Mteto Nyati said the utility has finished the initial phase of its operational recovery and entered a new…

Omokolade Ajayi Omokolade Ajayi

Zain Latif’s TLG Capital pumps $65 million into 16 Nigerian SMEs in 2 years

The aggressive balance-sheet deployment reached its latest milestone after closing a structured credit facility for Koolboks.

Omokolade Ajayi Omokolade Ajayi

Standard Bank wins court battle to sell Roodekrans home over debt

Standard Bank wins court approval to sell a Roodekrans home after borrowers fail to overturn foreclosure over a R3.71 million…

Feyisayo Ajayi Feyisayo Ajayi

Jubilee names Juan Cazcarra CEO as Julius Kipng’etich retires    

Cazcarra, currently deputy group CEO, will assume the position Dec. 1, 2026, following Kipng'etich's retirement on Nov. 30.

Timilehin Adejumobi Timilehin Adejumobi

Billionaire Patrice Motsepe-backed GoTyme Bank targets 30 million customers by 2036

GoTyme is leaning heavily on an alliance with Sanlam, the continent’s largest insurer, to mount its retail challenge.

Omokolade Ajayi Omokolade Ajayi

Attacq taps veteran dealmaker Muhammad Paruk to steer $2 billion asset target

His appointment gives Attacq a seasoned operator with deep institutional relationships.

Omokolade Ajayi Omokolade Ajayi

Israel’s Turpaz Industries enters South Africa’s fragrance market with $10.6 million acquisition

Israel’s Turpaz Industries acquires a 70% stake in South Africa’s Sensory FX for $10.6 million, expanding its African fragrance business.

Feyisayo Ajayi Feyisayo Ajayi

Access Holdings posts $352 million 9M 2026 profit as assets near $40 billion

Pre-tax profit rose 8.3 percent to N667.36 billion ($496.25 million) from N616.25 billion a year earlier.

Omokolade Ajayi Omokolade Ajayi

15 of Africa’s mining giants

Africa’s top 15 mining companies drive growth, jobs, and investment, powering global supply chains in metals, minerals, and energy sectors.

6 match venues for TotalEnergies CAF women’s Africa cup of Nations

CAF and Morocco reveal six stadiums for 2024 WAFCON, as tournament eyes record-breaking viewership and attendance from July 5–26, 2025.

Transpaco chair Derek Thomas offloads entire $4.5 million stake in South African packaging firm

Transpaco chairman Derek Thomas has sold his entire indirect 5.79% stake in the South African packaging company for $4.5 million.

Feyisayo Ajayi Feyisayo Ajayi

Discovery appoints Principal Financial Group executive Vivek Agrawal to board

Discovery has appointed Principal Financial Group executive Vivek Agrawal as an independent director, adding international financial services expertise.

Feyisayo Ajayi Feyisayo Ajayi

Ghana’s cocoa farmers bet on March harvest after months of weather damage

Ghana’s cocoa output faces a 16% decline as weather damage hits farmers, who are hoping for a March 2027 harvest recovery.

Oluwatosin Alao Oluwatosin Alao

Israel’s Turpaz Industries enters South Africa’s fragrance market with $10.6 million acquisition

Israel’s Turpaz Industries acquires a 70% stake in South Africa’s Sensory FX for $10.6 million, expanding its African fragrance business.

Feyisayo Ajayi Feyisayo Ajayi

Cape Town’s Table View beachfront upgrade nears festive-season completion

Cape Town’s Table View is getting a $5.2 million beachfront upgrade, with improved beach access and facilities ahead of the 2026 festive season.

Oluwatosin Alao Oluwatosin Alao

Hilton makes Guinea debut with new DoubleTree Hotel in Conakry 

Hilton brings its DoubleTree brand to Guinea with a 196-room Conakry hotel, marking a new step in its West African expansion.

Timilehin Adejumobi Timilehin Adejumobi

Patrice Motsepe’s ARM faces fresh delay in bid to liquidate 2 South African mining firms

Patrice Motsepe’s ARM faces another court delay in its bid to liquidate two South African mining firms over creditor opposition.

Feyisayo Ajayi Feyisayo Ajayi

Femi Otedola’s First HoldCo stake slips to $1 billion, shedding $328 million in 3 days

Femi Otedola’s First HoldCo stake slips to $1.07 billion after a 23% share price decline wipes $328 million off its value in three days.

Feyisayo Ajayi Feyisayo Ajayi

Aliko Dangote’s $327 million investment boosts Kenya Pipeline Company’s value by $834 million

Kenya Pipeline Company gains $834 million in market value after Aliko Dangote acquires a 24.76% stake, driving shares to record highs.

Feyisayo Ajayi Feyisayo Ajayi