Tony Elumelu joins Seplat’s board after $500 million stake deal, setting stage for chairmanship at Nigeria’s leading indigenous energy producer.
BusinessHot News

Tony Elumelu’s Seplat stake tops $600 million weeks after $496 million purchase

Tony Elumelu’s Seplat Energy stake has climbed above $600 million, weeks after a $496 million acquisition reshaped Nigeria’s energy sector.

Omokolade Ajayi Omokolade Ajayi
Sibanye Stillwater platinum prices
BusinessHot News

Sibanye Stillwater bets on platinum rebound, lithium growth strategy

Sibanye Stillwater says platinum has a new price floor as supply deficits lift markets and the miner advances lithium growth…

Feyisayo Ajayi Feyisayo Ajayi
BusinessTourism

Mauritius’ Sun Limited posts nearly $90 million in 2026 half-year revenue

Mauritius’ Sun Limited reports $88 million in half-year revenue, boosted by hotels, resorts, and rising visitor arrivals.

Omokolade Ajayi Omokolade Ajayi
BlackRock Clicks Group stake
BusinessHot News

BlackRock raises stake in Clicks Group to $239 million

BlackRock boosted its Clicks Group stake to $239 million, signaling rising global investor confidence in South Africa’s healthcare retail sector.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Africa’s richest man Aliko Dangote adds $1.2 billion in early 2026 gains

Africa’s richest man, Aliko Dangote, adds $1.21 billion as Dangote Cement shares climb in early 2026.

Omokolade Ajayi Omokolade Ajayi
Dar es Salaam Stock Exchange stocks
BusinessHot News

Top billion-dollar firms on Dar es Salaam Stock Exchange

Tanzania’s DSE hosts five billion-dollar stocks, led by banks and brewers, reflecting investor confidence, consumer demand, and capital market maturity.

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South Africa’s Eskom gets $3.4 billion boost from revised electricity tariffs

South Africa’s Eskom gains $3.4 billion from tariff correction, boosting finances and funding power plant upgrades.

Omokolade Ajayi Omokolade Ajayi
Mauritius business groups
BusinessHot News

Mauritius’ business groups: Multimillionaires who built them

Mauritius’ top business families built diversified conglomerates that transformed sugar wealth into finance, tourism, logistics and real estate powerhouses.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

China opens market to 400 Tanzanian agricultural exporters

China has approved 408 Tanzanian agricultural exporters, giving farmers and companies wider access to the Chinese market after months of…

Omokolade Ajayi Omokolade Ajayi
Orascom Development Egypt tourism
Hot NewsTourism

Orascom Development Egypt gains from Red Sea tourism boom

Orascom Development Egypt is positioned to outperform as tourism growth, Red Sea land revaluation and hospitality exposure unlock fresh value.

Feyisayo Ajayi Feyisayo Ajayi
TMG EFG Hermes private university
Hot NewsTourism

TMG expands education push with EFG Hermes-backed private university

Talaat Moustafa Group teams up with EFG Hermes-backed EEP to launch a flagship private university in Noor City, east of…

Feyisayo Ajayi Feyisayo Ajayi
Elsewedy Electric Hungary power plant loan
BusinessHot News

Elsewedy Electric lands $68.6 million loan for Hungary power project

Elsewedy Electric secured a $68.6 million CIB loan to fund Hungary’s hydrogen-ready power plant expansion in landmark $827.3 million energy…

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Johannesburg-based Gold Fields overtakes Naspers as Africa’s most valuable company

Gold Fields has overtaken Naspers as Africa’s most valuable company after a gold price rally lifted mining stocks on the…

Omokolade Ajayi Omokolade Ajayi
Billion-dollar giants driving Zambia’s equity market
BusinessHot News

Top billion-dollar companies on Zambia’s Lusaka Securities Exchange

Four firms worth over $1 billion anchor Lusaka Securities Exchange, dominating market value and investor confidence in Zambia’s key sectors.

Feyisayo Ajayi Feyisayo Ajayi
Ivory Coast F Tower Africa tallest skyscraper
Hot NewsTourism

Africa’s tallest skyscraper: Ivory Coast’s F Tower to lead in 2026

Ivory Coast’s F Tower will rise 421 meters in Abidjan, overtaking Egypt’s Iconic Tower to become Africa’s tallest skyscraper by…

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Egypt backs Russia-led BRICS grain exchange, expands trade ties

Egypt deepens ties with Russia, backing a BRICS grain exchange while expanding energy, trade, and investment cooperation across key sectors.

Omokolade Ajayi Omokolade Ajayi
Karim Hirji Imperial Hotels view
Hot NewsLuxury

Karim Hirji: Uganda’s hospitality mogul behind Imperial Hotels Group

Karim Hirji, Ugandan hospitality mogul, owns Imperial Hotels Group and leads ventures in real estate, media, and finance.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Discovery acquires Sandton head office for $252.7 million, cancels Phase 2 lease

Discovery acquires 1 Discovery Place for $252.7 million, cancels Phase 2 lease, and strengthens its Johannesburg headquarters ownership.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

MTN’s $2.76 billion IHS bid values Sam Darwish’s stake at $107 million

MTN’s $2.76 billion IHS bid values Sam Darwish’s 3.9 percent stake at $107 million, highlighting Africa’s telecom growth.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Patrice Motsepe slips off world’s top 1,000 richest as net worth drops $400 million

Patrice Motsepe drops off Forbes’ top 1,000 richest after his net worth fell $400 million amid a slump in gold…

Omokolade Ajayi Omokolade Ajayi
Tony Elumelu joins Seplat’s board after $500 million stake deal, setting stage for chairmanship at Nigeria’s leading indigenous energy producer.
BusinessHot News

Tony Elumelu’s Seplat stake tops $600 million weeks after $496 million purchase

Tony Elumelu’s Seplat Energy stake has climbed above $600 million, weeks after…

Omokolade Ajayi Omokolade Ajayi
Sibanye Stillwater platinum prices
BusinessHot News

Sibanye Stillwater bets on platinum rebound, lithium growth strategy

Sibanye Stillwater says platinum has a new price floor as supply deficits…

Feyisayo Ajayi Feyisayo Ajayi
BusinessTourism

Mauritius’ Sun Limited posts nearly $90 million in 2026 half-year revenue

Mauritius’ Sun Limited reports $88 million in half-year revenue, boosted by hotels,…

Omokolade Ajayi Omokolade Ajayi
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