Airtel Money sets October 14 for London listing amid valuation pressure

Airtel Money targets an October 14 London Stock Exchange listing as valuation concerns weigh on its fundraising ambitions and investor…

Feyisayo Ajayi Feyisayo Ajayi

Seriti Resources founder Mike Teke sees South Africa mining coal until 2050

Seriti Resources founder Mike Teke expects South Africa to mine coal until 2050, despite climate concerns and the country's shift…

Feyisayo Ajayi Feyisayo Ajayi

Outsurance Group CEO Marthinus Visser takes $5 million pay in 2026

OUTsurance CEO Marthinus Visser earned $5.04 million in 2026, up 57.06%, as profit rose 28.41% to R6.18 billion ($374.45 million).

Feyisayo Ajayi Feyisayo Ajayi

Ninety One plans to back infrastructure projects to revive Johannesburg 

“The major city in the country needs to be turned around,” Ninety One CEO Hendrik du Toit said in an…

Timilehin Adejumobi Timilehin Adejumobi

Orion Minerals’ longtime investor Tembo Capital exits after nearly 10 years

Orion Minerals’ longtime investor Tembo Capital has exited after nearly a decade, as new shareholders back its Prieska copper-zinc mine…

Feyisayo Ajayi Feyisayo Ajayi

Ghanaian tycoon Ibrahim Mahama mounts $100 million heavy industry expansion

The company describes the $100 million complex as the only wholly Ghanaian-owned cement manufacturer operating in the country.

Omokolade Ajayi Omokolade Ajayi

Elon Musk’s fortune drops below $1 trillion after $37 billion loss

Elon Musk’s fortune fell to $987 billion after a $37.1 billion loss, as declines in SpaceX and Tesla shares ended…

Omokolade Ajayi Omokolade Ajayi

Nigeria’s Air Peace adds new Embraer jet to drive regional, global expansion

The newly arrived twin-engine jet, christened "Eka Sunmonu," is configured for 96 passengers across two cabins, featuring 12 business-class recliners…

Omokolade Ajayi Omokolade Ajayi

Woolworths wins court approval to sell liquor at Dainfern Square store in South Africa

Woolworths wins interim court approval to sell liquor at its Dainfern Square store in Johannesburg while challenging a licence lapse…

Feyisayo Ajayi Feyisayo Ajayi

Moove exits Nigeria months after hitting $2.1B valuation, hands drivers $26M fleet

The company softened the blow with an unprecedented parting gift, pledging to transfer outright ownership of eligible vehicles to drivers…

Omokolade Ajayi Omokolade Ajayi

Kwetsani Camp reopens in Botswana’s Okavango Delta after major redesign   

Kwetsani Camp has reopened in Botswana's Okavango Delta with redesigned luxury suites, solar power and immersive safari experiences.

Paradise under threat: Africa’s safest tourist haven could run out of water by April

If the situation doesn't improve by April, the island could find itself without enough water to sustain its population and vital industries.

Airtel Money sets October 14 for London listing amid valuation pressure

Airtel Money targets an October 14 London Stock Exchange listing as valuation concerns weigh on its fundraising ambitions and investor demand.

Feyisayo Ajayi Feyisayo Ajayi

Seriti Resources founder Mike Teke sees South Africa mining coal until 2050

Seriti Resources founder Mike Teke expects South Africa to mine coal until 2050, despite climate concerns and the country's shift toward cleaner energy.

Feyisayo Ajayi Feyisayo Ajayi

Outsurance Group CEO Marthinus Visser takes $5 million pay in 2026

OUTsurance CEO Marthinus Visser earned $5.04 million in 2026, up 57.06%, as profit rose 28.41% to R6.18 billion ($374.45 million).

Feyisayo Ajayi Feyisayo Ajayi

Shoprite expands Sixty60 beyond groceries with digital vouchers

Shoprite expands Sixty60 beyond groceries, adding instant airtime, data and digital vouchers as it targets South Africa’s $30 billion value-added services market.

Oluwatosin Alao Oluwatosin Alao

Orion Minerals’ longtime investor Tembo Capital exits after nearly 10 years

Orion Minerals’ longtime investor Tembo Capital has exited after nearly a decade, as new shareholders back its Prieska copper-zinc mine development.

Feyisayo Ajayi Feyisayo Ajayi

Ghanaian tycoon Ibrahim Mahama mounts $100 million heavy industry expansion

Ibrahim Mahama scales his $100 million Dzata Cement plant and seals a major gold mine deal to challenge foreign dominance in Ghana's heavy industry.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Tony Elumelu urges investors in Paris to fund Africa’s future

Tony Elumelu challenges global financiers in Paris to invest directly in young African founders, moving past foreign aid into real enterprise.

Omokolade Ajayi Omokolade Ajayi

Billionaire Naguib Sawiris deepens Egypt gold bet with 5 new blocks as Wa’al nears key study

Billionaire Naguib Sawiris is expanding his Egypt gold portfolio with five new exploration bids as the Wa’al project nears a key study.

Feyisayo Ajayi Feyisayo Ajayi

Ethiopian billionaire Mohammed Al-Amoudi’s net worth drops below $10 billion

Mohammed Al-Amoudi’s net worth falls to $9.74 billion as asset valuations decline, while MIDROC targets 120,000 employees and 10 new hotels.

Omokolade Ajayi Omokolade Ajayi

De Beers bets on India with plan for 100 Forevermark stores by 2030      

De Beers plans 100 Forevermark stores in India by 2030 as younger consumers fuel demand for diamond jewelry.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s LekkeSlaap sold to Consortium as founders exit

South African investors have acquired LekkeSlaap as its founders exit, with the 40,000-property platform targeting wider Southern African growth.

Oluwatosin Alao Oluwatosin Alao

Robin Pope Safaris expands into Zambia’s Lower Zambezi with Kujana Camp    

Robin Pope Safaris marks 40 years in Zambia with Kujana Camp, opening a new luxury safari base in the Lower Zambezi.

Timilehin Adejumobi Timilehin Adejumobi