Antoine Ndzengue tyre project
Hot NewsBusiness

Cameroonian businessman Antoine Ndzengue’s Neptune opens $10.7 million Maithé Mall

Cameroonian businessman Antoine Ndzengue’s Neptune Group opens $10.7 million Maithé Mall, expanding beyond petroleum into modern retail.

Feyisayo Ajayi Feyisayo Ajayi
Megan Kim de Vroeg
ExclusiveBusinessHot News

How Megan Kim de Vroeg became the marketing chief of $1.5 billion Dis-Chem

As Chief Marketing Officer, Megan Kim de Vroeg now oversees the integration of customers into the broader Dis-Chem ecosystem.

Omokolade Ajayi Omokolade Ajayi
South African executive Abigail Mukhuba
Hot NewsBusiness

South African CFO Abigail Mukhuba’s Sanlam stake rebounds above $2.5 million

Mukhuba owns 479,423 Sanlam shares. At the start of the year, the holding was worth about $2.8 million and was…

Omokolade Ajayi Omokolade Ajayi
Dangote family
BillionairesBusinessHot News

Dangote family office to expand operations in 2027 as group targets $100 billion revenue

The family office forms part of the group’s Vision 2030 plan, which calls for stronger governance and a fivefold increase…

Omokolade Ajayi Omokolade Ajayi
IDC
BusinessHot News

South Africa’s IDC swings to $288 million loss in 2026

South Africa’s IDC swings to a R4.65 billion ($288 million) loss in 2026, driven by Foskor and distressed subsidiaries despite…

Feyisayo Ajayi Feyisayo Ajayi
Sikander Lalani
BusinessHot News

Sikander Lalani: Ugandan steel magnate who recently  built a $125 million steel complex

Sikander Lalani built Roofings Group from a small roofing factory into Uganda’s steel powerhouse, culminating in a $125 million Namanve…

Feyisayo Ajayi Feyisayo Ajayi
Harmony Gold Mining Company
BusinessHot News

Harmony Gold, led by Patrice Motsepe, posts $1.9 billion profit in 2026 amid copper surge

Harmony Gold, chaired by Patrice Motsepe, reports $5.9 billion revenue and 102% profit growth in 2026 as copper boosts earnings.

Feyisayo Ajayi Feyisayo Ajayi
Asante Gold
BusinessHot News

Asante Gold extends $100 million funding deadline to September 2026

Asante Gold extends its $100 million funding deadline to Sept. 30, giving the Ghana-focused producer more time to secure new…

Feyisayo Ajayi Feyisayo Ajayi
Mantengu
BusinessHot News

Mantengu Mining moves to sell Sublime Technologies after Eskom tariff delay

Mantengu Mining plans to sell Sublime Technologies after Eskom tariff delays made operations financially unsustainable.

Feyisayo Ajayi Feyisayo Ajayi
Barry Stuhler
BusinessHot News

South African-born tycoon Barry Stuhler retires from Resilient board after decades in property

South African-born property tycoon Barry Stuhler retires from Resilient’s board after decades shaping the country’s listed real estate sector.

Feyisayo Ajayi Feyisayo Ajayi
Emmanuel Nnorom
BusinessHot News

UBA welcomes Emmanuel Nnorom as new chair after Tony Elumelu’s 12-year tenure

UBA appoints Emmanuel Nnorom as Group Chairman after Tony Elumelu retires, bringing four decades of banking and corporate leadership experience.

Feyisayo Ajayi Feyisayo Ajayi
Tharina Botes
EntertainmentHot News

Tharina Botes: South African-born model crowned Miss Universe Thailand 2026

South African-born Tharina Botes wins Miss Universe Thailand 2026 after a decade in pageantry, earning a place at the global…

Feyisayo Ajayi Feyisayo Ajayi
South Africa’s Efora Energy faces liquidation as JSE suspends shares
BusinessHot News

Efora Energy avoids provisional liquidation as South African court strikes application

Efora Energy avoids provisional liquidation after a South African court strikes Seodi Coal’s application, but funding challenges remain unresolved.

Feyisayo Ajayi Feyisayo Ajayi
Egyptian mobility company Swvl Holdings Corp
BusinessHot News

Egypt’s Swvl raises $13 million in investment led by Sawiris-backed Coefficient

Coefficient will invest $10 million in the offering, while an existing Swvl shareholder will invest another $3 million.

Omokolade Ajayi Omokolade Ajayi
Mashale Phumaphi
BusinessHot News

Meet Mashale Phumaphi: Botswana investment banker behind Shumba Energy’s rise

Mashale Phumaphi built Shumba Energy from a coal venture into a diversified power business and now leads Botswana’s renewable-energy push…

Feyisayo Ajayi Feyisayo Ajayi
MTN Group logo, representing the pan-African telecom operator.
TechnologyBusinessHot News

MTN considers banking licences to take on lenders across Africa

Until now, MTN has relied on commercial banks to fund the loans it distributes to phone users. That middleman model…

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
BusinessBillionairesHot News

Aliko Dangote’s refinery sets record as Nigerian fuel exports to Europe rise 767%

That represents a steep climb from 40,000 barrels a day in 2025 and just 15,000 barrels a day in 2023.

Omokolade Ajayi Omokolade Ajayi
Sadek El-Sewedy dividend
BusinessHot News

Egyptian businessman Sadek El-Sewedy’s stake in Elsewedy Electric nears $1.4 billion

Egyptian businessman Sadek El-Sewedy’s Elsewedy Electric stake nears $1.4 billion after shares surge more than 60% on the Egyptian Exchange.

Feyisayo Ajayi Feyisayo Ajayi
Kenya Airways lawsuit financial crisis
Hot NewsBusiness

Kenya Airways loss widens to $124 million in H1 2026 as fuel costs surge

Kenya Airways’ H1 2026 loss widened to $124 million as fuel costs, supply constraints and reduced fleet capacity further pressured…

Feyisayo Ajayi Feyisayo Ajayi
South African business leaders Noluthando Gosa and Mcebisi Jonas
BusinessHot News

Noluthando Gosa, Mcebisi Jonas-led NtisoAkhona takes stake in $40 billion trust firm

The deal also supports Apex Group’s Black ownership commitments in South Africa, one of its key markets.

Omokolade Ajayi Omokolade Ajayi
Kabwe
BusinessHot News

Shuka Minerals discovers new zinc, copper and vanadium orebody at Zambia’s Kabwe mine

Shuka Minerals has discovered a new high-grade zinc, copper and vanadium orebody at Zambia’s Kabwe mine, adding to its resource expansion potential.

Solar panels
TechnologyHot News

Africa’s solar capacity jumps 54 percent in 2025, led by South Africa and Nigeria

Africa’s solar capacity jumped 54 percent in 2025, driven by South Africa, Nigeria, and Egypt’s rapid installations.

BusinessTechnology

Vodacom brings 5G to Mozambique as digital transformation gathers pace

Vodacom is showcasing 5G at FACIM 2026 as Mozambique expands digital connectivity, financial services and opportunities for businesses.

Oluwatosin Alao Oluwatosin Alao
Markos Davias, CFO of FirstRand
BusinessHot News

FirstRand CFO Markos Davias gets $2.8 million pay package in 2025

FirstRand CFO Markos Davias received $2.86 million in 2025 as earnings rose and the bank expanded its balance sheet.

Timilehin Adejumobi Timilehin Adejumobi
Antoine Ndzengue tyre project
Hot NewsBusiness

Cameroonian businessman Antoine Ndzengue’s Neptune opens $10.7 million Maithé Mall

Cameroonian businessman Antoine Ndzengue’s Neptune Group opens $10.7 million Maithé Mall, expanding beyond petroleum into modern retail.

Feyisayo Ajayi Feyisayo Ajayi
Megan Kim de Vroeg
ExclusiveBusinessHot News

How Megan Kim de Vroeg became the marketing chief of $1.5 billion Dis-Chem

Megan Kim de Vroeg rose from social media marketing manager to Chief Marketing Officer of $1.5 billion Dis-Chem, leading its integrated healthcare brand strategy.

Omokolade Ajayi Omokolade Ajayi
Tanzanian billionaire Mohammed Dewji pledges $250 million in Mozambique to expand MeTL Group’s footprint and create 20,000 local jobs.
BillionairesBusinessHot News

After $250 million Mozambique pledge, Tanzanian billionaire Mohammed Dewji, eyes Botswana

Following a $250 million Mozambique pledge, Mohammed Dewji is eyeing new expansion into Botswana after high-level talks with President Duma Boko.

Omokolade Ajayi Omokolade Ajayi
Côte d’Ivoire and China sign textile deal
BusinessGlobal News

Abidjan looks to China to expand Côte d’Ivoire’s cotton-to-textile industry

Côte d’Ivoire seeks Chinese investment, technology and expertise to expand local cotton processing and build its textile and apparel industry.

Oluwatosin Alao Oluwatosin Alao
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