Risper Alaro
BusinessBankingHot NewsLatest

Ecobank appoints Centum finance chief Risper Alaro to board

Ecobank Kenya appoints Centum finance director Risper Alaro to its board, giving women five of nine seats and a majority…

Feyisayo Ajayi Feyisayo Ajayi
Valterra Platinum CEO Craig Miller
MiningBusinessHot News

Why South Africa’s top platinum boss climbed into a haul truck for worker safety

The grassroots engagement comes alongside a sharp earnings turnaround during Valterra’s first full financial stretch separated from former parent Anglo…

Omokolade Ajayi Omokolade Ajayi
Solar panels
EnergyHot News

Kenyan solar boom hits record as big players squeeze small startups

The boom proves consumer demand is intact, even as early-stage competitors face a sudden crunch for balance sheet support.

Omokolade Ajayi Omokolade Ajayi
EnergyBusinessHot News

Aradel posts $31 million 9M 2026 profit as Renaissance charge weighs on earnings

The steep earnings contraction prompted the board to lower its interim dividend payout to N7 per share.

Omokolade Ajayi Omokolade Ajayi
MTN Group logo, representing the pan-African telecom operator.
TechnologyCompaniesHot News

MTN Nigeria profit leaps 55% to $865 million in 9M 2026 on data boom

Pretax earnings advanced 59.4 percent to N1.8 trillion ($1.33 billion) from N1.13 trillion ($835.98 million) a year earlier.

Omokolade Ajayi Omokolade Ajayi
Zenith Bank Plc
BankingBusinessHot News

Trading losses hit Nigeria’s Zenith Bank as 9M 2026 profit falls to $501.6 million

Unfavorable market swings and a heavier tax bill squeezed core earnings, taking the sheen off an otherwise massive retreat in…

Omokolade Ajayi Omokolade Ajayi
Nigerian executive Fola Aiyesimoju
ExecutivesBusinessCompanies

Fola Aiyesimoju powers UAC of Nigeria to $16.3 million profit in 9M 2026

Pretax profit jumped nearly fourfold to N37.69 billion ($27.97 million) from N10.4 billion ($7.72 million).

Omokolade Ajayi Omokolade Ajayi
Femi Otedola
BusinessBankingBillionairesHot NewsLatest

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…

Feyisayo Ajayi Feyisayo Ajayi
OCI Global
BusinessCompaniesHot NewsLatest

OCI shareholders approve Orascom Construction combination, delisting set for November 27

OCI shareholders approve its combination with Orascom Construction, paving the way for a November 27 delisting from Euronext Amsterdam.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s richest person Aliko Dangote
BusinessBillionairesEnergyHot NewsLatest

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…

Feyisayo Ajayi Feyisayo Ajayi
Esther Koimett
BusinessHot News

Kenyan heiress Esther Koimett emerges as Middle East Bank’s largest shareholder with 17.48% stake

Esther Koimett inherited a 17.48% stake in Middle East Bank Kenya, becoming the lender’s largest disclosed individual shareholder.

Lagos-based brewer Guinness Nigeria Plc
BusinessCompaniesHot News

Guinness Nigeria rebounds under Tolaram with $30 million nine-month profit

Guinness Nigeria’s nine-month profit climbed 53 percent to $30.54 million under Tolaram, spurring $11.51 million dividend.

Risper Alaro
BusinessBankingHot NewsLatest

Ecobank appoints Centum finance chief Risper Alaro to board

Ecobank Kenya appoints Centum finance director Risper Alaro to its board, giving women five of nine seats and a majority in bank leadership.

Feyisayo Ajayi Feyisayo Ajayi
Valterra Platinum CEO Craig Miller
MiningBusinessHot News

Why South Africa’s top platinum boss climbed into a haul truck for worker safety

Valterra Platinum CEO Craig Miller joined a haul truck shift at Mogalakwena to champion worker safety as the newly independent miner delivered strong earnings.

Omokolade Ajayi Omokolade Ajayi
Solar panels
EnergyHot News

Kenyan solar boom hits record as big players squeeze small startups

Kenya's off-grid solar sales reached record highs, but big players now dominate funding, leaving smaller clean energy startups starved of capital.

Omokolade Ajayi Omokolade Ajayi
Conakry Ahmed Sékou Touré International Airport, Guinea
TravelsBusinessTourism

Conakry Airport passenger traffic jumps 22% as airlines expand routes

Conakry Airport passenger traffic jumps 22% as Air Algérie and EgyptAir weigh new routes amid a major terminal expansion.

Timilehin Adejumobi Timilehin Adejumobi
Mauritian resort group Lux Island Resorts
HospitalityBusinessCompaniesHot News

Lux Island Resorts’ first-quarter profit rises 4.5% as revenue climbs to $52 million

Lux Island Resorts saw Q1 net profit rise 4.5% to $1.61 million as revenue climbed to $52 million, driven by strong Mauritius bookings.

Omokolade Ajayi Omokolade Ajayi
Four Seasons Resort Mauritius at Anahita
HospitalityBusinessHot NewsLifestyle

Mauritius hotelier Riveo cuts losses as sales surge past $19 million

Mauritius hotelier Riveo cuts losses as sales top $19.52 million, driven by surging post-renovation bookings at its luxury island beachfront resorts.

Omokolade Ajayi Omokolade Ajayi
Femi Otedola
BusinessBankingBillionairesHot NewsLatest

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
Africa’s richest person Aliko Dangote
BusinessBillionairesEnergyHot NewsLatest

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
Jaswant Singh Rai, Kenyan billionaire and Rai Group chair
BusinessBillionaires

Kenyan billionaire Jaswant Rai expands sugar business with $32 million investment

Jaswant Rai commits $32.3 million to a new Kenyan sugar mill as Rai Group expands its processing capacity and farming network.

Timilehin Adejumobi Timilehin Adejumobi