Fairvest
BusinessCompaniesHot NewsLatest

Fairvest doubles fundraising target to $76 million as investors back retail expansion

Fairvest raises $76 million in an oversubscribed equity offering, more than doubling its target to fund retail property acquisitions.

Feyisayo Ajayi Feyisayo Ajayi
Renaissance Africa Energy_ Tony Attah
Hot NewsBusinessEnergyLatest

Renaissance Africa Energy secures $4.4 billion financing for Nigerian oilfield contractors

Renaissance Africa Energy secures $4.4 billion in financing for Nigerian oilfield contractors as it targets 500,000 barrels per day by…

Feyisayo Ajayi Feyisayo Ajayi
Morocco hospitality expansion
BusinessCompaniesHospitality

Pickalbatros secures $250 million IFC, Attijariwafa financing for Morocco expansion

Pickalbatros secures $250 million from IFC and Attijariwafa Bank to acquire Casablanca hotels, upgrade Moroccan resorts and refinance debt.

Feyisayo Ajayi Feyisayo Ajayi
Oryx Tanzanian deal by Amsons Edha Nahdi
BusinessEnergyHot NewsLatest

Amsons targets East Africa’s fuel supply chain with Oryx Tanzania deal

Amsons Group has agreed to acquire Oryx Energies’ Tanzanian oil business for more than $230 million, expanding its fuel distribution…

Feyisayo Ajayi Feyisayo Ajayi
Chipokota Mwanawasa, Executive Director Trafigura, Zambia
BusinessEnergyMining

Trafigura appoints Chipokota Mwanawasa to lead Zambia operations

Mwanawasa, a Zambian national with more than 10 years of experience spanning mining, energy, infrastructure and agriculture, joins Trafigura after…

Timilehin Adejumobi Timilehin Adejumobi
Victoria Cherotich
BusinessExecutivesHot NewsLatest

Equity Group appoints Kenyan Executive Victoria Cherotich as company secretary

Equity Group appoints Victoria Cherotich as company secretary after regulatory approval, while first-half profit climbs 32%.

Feyisayo Ajayi Feyisayo Ajayi
Executives behind Africa’s 10 largest publicly listed companies
BusinessExecutivesHot News

Executives behind Africa’s 10 largest publicly listed companies

Meet the CEOs leading Africa’s 10 most valuable listed companies, from Gold Fields and Naspers to Capitec, MTN and Attijariwafa…

Feyisayo Ajayi Feyisayo Ajayi
Noel Yawo Eklo
BusinessHot NewsInvestmentsLatest

Cauris Investment targets $100 million for Africa fintech lending fund

Cauris Investment targets $100 million for an African fintech lending fund as IFC proposes up to $7.5 million in debt…

Feyisayo Ajayi Feyisayo Ajayi
Sanlam
BusinessCompaniesHot NewsLatest

Sanlam Kenya moves life insurance business to parent as Santam buyout looms

Sanlam Kenya plans to transfer its life insurance business to its parent as the group restructures operations and pursues a…

Feyisayo Ajayi Feyisayo Ajayi
Harmony Gold James Boardman and Alwyn pretorius
BusinessHot NewsLatestMining

Harmony Gold appoints Alwyn Pretorius, James Boardman to board

Harmony Gold appoints Alwyn Pretorius and James Boardman as independent directors, strengthening governance and mining and financial expertise.

Feyisayo Ajayi Feyisayo Ajayi
Hassan Allam
InvestmentsLatest

Hassan Allam secures $32.1 million EBRD investment for Egypt water projects

Egyptian businessman Hassan Allam’s utilities business secures $32.1 million EBRD investment to expand water and desalination projects in Egypt.

Kenya beverage market
BusinessHot News

Crown Beverages Mauritius targets Kenya’s $3.7 billion beverage market with Pepsi expansion

Crown Beverages ramps up Kenya expansion with Ksh30 million ($190,000) Fizzmas push to win share in the $3.7 billion soft drinks market during festive season.

Fairvest
BusinessCompaniesHot NewsLatest

Fairvest doubles fundraising target to $76 million as investors back retail expansion

Fairvest raises $76 million in an oversubscribed equity offering, more than doubling its target to fund retail property acquisitions.

Feyisayo Ajayi Feyisayo Ajayi
Wits University
BusinessCompanies

Sabvest Capital backs Wits University in $20.6 million Cultural Precinct deal

Sabvest Capital backs Wits University's $20.6 million Cultural Precinct, expanding Johannesburg's arts, heritage and creative economy.

Timilehin Adejumobi Timilehin Adejumobi
Renaissance Africa Energy_ Tony Attah
Hot NewsBusinessEnergyLatest

Renaissance Africa Energy secures $4.4 billion financing for Nigerian oilfield contractors

Renaissance Africa Energy secures $4.4 billion in financing for Nigerian oilfield contractors as it targets 500,000 barrels per day by 2030.

Feyisayo Ajayi Feyisayo Ajayi
Morocco hospitality expansion
BusinessCompaniesHospitality

Pickalbatros secures $250 million IFC, Attijariwafa financing for Morocco expansion

Pickalbatros secures $250 million from IFC and Attijariwafa Bank to acquire Casablanca hotels, upgrade Moroccan resorts and refinance debt.

Feyisayo Ajayi Feyisayo Ajayi
Kasbah Tamadot
TourismLuxury

Kasbah Tamadot Blends Luxury and Berber Culture in Morocco’s Atlas Mountains

Richard Branson’s Kasbah Tamadot pairs Atlas Mountain luxury with private pool suites, Berber culture, Moroccan cuisine and wellness experiences.

Oluwatosin Alao Oluwatosin Alao
Uganda-EU Partnership Dialogue
TourismBusinessInvestments

EU pledges $56 million to boost Uganda’s tourism and conservation

EU commits $56 million to Uganda tourism and conservation as both sides pursue trade, investment and higher-value exports.

Timilehin Adejumobi Timilehin Adejumobi
South Africa's richest man Johann Rupert
BusinessBillionairesMining

Johann Rupert’s Richemont eyes stake in De Beers takeover

De Beers' $2.3 billion valuation draws interest from Johann Rupert's Richemont and Signet as African diamond producers seek bigger stakes.

Oluwatosin Alao Oluwatosin Alao
Leadership, vision, and strategic execution. Tony Elumelu flanked by Osa Igiehon and Samuel Nwanze
BillionairesBusinessEnergyHot News

Billionaire Tony Elumelu’s Heirs Energies transformed OML 17. Can Seplat be next?

Tony Elumelu’s Heirs Energies transformed OML 17. Can his incoming Seplat Energy chairmanship unlock billions in value and improve oil production?

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Tony Elumelu
BillionairesHot NewsInvestments

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