Zolani Tete
Hot NewsSports

Former world boxing champion Zolani Tete shot dead outside his home in South Africa

Former world boxing champion Zolani Tete was shot dead outside his South African home, as police investigate the killing and…

Feyisayo Ajayi Feyisayo Ajayi
Black Coffee
EntertainmentHot News

Grammy-Award winning musician Black Coffee wins legal battle against Maserati South Africa

Black Coffee wins a R7 million ($437,136) court judgment against Maserati South Africa over a disputed customised MC20 Cielo vehicle…

Feyisayo Ajayi Feyisayo Ajayi
Aton Resources raises $2.8 million to advance Egypt’s Hamama gold project
BusinessHot News

Aton Resources raises $2.8 million to advance Egypt’s Hamama gold project

Aton Resources raises $2.8 million to advance exploration and development at Egypt’s Hamama gold project, targeting potential production in 2027.

Feyisayo Ajayi Feyisayo Ajayi
Niger signs $1.9 billion deal with Canadian group to build 100,000 bpd oil refinery
BusinessHot News

Niger signs $1.9 billion deal with Canadian group to build 100,000 bpd oil refinery

Niger signs a $1.9 billion deal with Zimar Inc. for a 100,000-bpd refinery to boost domestic fuel supply and cut…

Feyisayo Ajayi Feyisayo Ajayi
Gauteng-born CEO Mpumi Madisa.
BusinessHot News

South African CEO Mpumi Madisa reveals leadership playbook at $5.1 billion Bidvest

Madisa emphasized that grounding governance in core values becomes essential when numbers alone offer no clear roadmap.

Omokolade Ajayi Omokolade Ajayi
Mohammed El-Sewedy
BusinessHot News

Mohammed El-Sewedy’s stake in Egyptian electric giant nears $900 million

Mohamed El-Sewedy’s Elsewedy Electric stake has gained $283 million in 2026, reaching $883 million as the stock nears a $5…

Feyisayo Ajayi Feyisayo Ajayi
Gold Fields’ mining operation in South Africa.
BusinessHot News

Gold Fields overtakes Naspers as Africa’s most valuable company as market cap hits $43.3 billion

The rally in Gold Fields stock on the JSE tracks a broad advance in physical bullion, which gained more than…

Omokolade Ajayi Omokolade Ajayi
Kenyan investment manager Christine Mwangi
BusinessHot News

Kenyan manager Christine Mwangi steers AgDevCo Ventures to $49 million first close

The $49 million package blends commercial loans, concessional debt, and equity.

Omokolade Ajayi Omokolade Ajayi
South Africa's richest man Johann Rupert
BillionairesBusinessHot News

South Africa’s richest man Johann Rupert loses $1.3 billion as Richemont shares slide

Rupert’s net worth stood at $20.2 billion at the time of writing, down from $21.5 billion on Aug. 10, according…

Omokolade Ajayi Omokolade Ajayi
South African billionaire Tshepo Mahloele
BillionairesBusinessHot News

South African billionaire Tshepo Mahloele faces regulatory hurdle in multibillion-rand FlySafair deal

The challenge comes just over a month after Harith secured approval from South Africa’s Competition Commission for the deal.

Omokolade Ajayi Omokolade Ajayi
Cell C market value rebounds
Hot NewsBusiness

Cell C reports $260 million annual profit after JSE listing

Cell C’s annual profit jumped 87.65% to R4.16 billion after its JSE listing, supported by stronger revenue, subscribers and wholesale…

Feyisayo Ajayi Feyisayo Ajayi
Harrods
BusinessHot News

Why Harrods seeks to recover more than $80 million from Egypt’s Al Fayed estate

Harrods seeks to recover more than $80 million from Mohamed Al Fayed’s estate as hundreds pursue compensation over abuse allegations.

Feyisayo Ajayi Feyisayo Ajayi
Vanessa Olver
Hot NewsBusiness

South African executive Vanessa Olver to join Sun International as finance chief

South African executive Vanessa Olver will become Sun International’s CFO in 2027 after announcing plans to leave Investec’s board.

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

East Africa’s richest man Mohammed Dewji to invest $250 million in Mozambique, create 20,000 jobs

Dewji, the president and owner of MeTL Group, made the commitment after meeting Mozambican President Daniel Chapo in Maputo on…

Omokolade Ajayi Omokolade Ajayi
Engr. Mohammed Sani Jaoji
BusinessHot News

Geregu Power pays $4.45 million to clear bond default as acting CEO Mohammed Sani Jaoji steps in

The payment came shortly after Mohammed Sani Jaoji took over as acting chief executive officer on Aug. 17.

Omokolade Ajayi Omokolade Ajayi
South African-Swazi billionaire Natie Kirsh
BillionairesBusinessHot News

South African-Swazi billionaire Natie Kirsh loses $600 million as fortune falls below $20 billion

The decline comes after a sharp rise in Kirsh’s wealth earlier this year.

Omokolade Ajayi Omokolade Ajayi
DTB executives during the opening of the DTB Kilimani branch in Nairobi.
BusinessHot News

Kenya’s DTB posts $75.7 million half-year profit as loans, deposits grow

DTB’s total assets rose more than 10 percent from a year earlier to KSh675 billion ($5.21 billion) by June.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
BusinessHot News

East Africa’s largest lender, Equity Group, sees first-half profit top $350 million

Profit before tax increased 39 percent to KSh57.8 billion ($446.5 million), from KSh41.5 billion ($320.6 million).

Omokolade Ajayi Omokolade Ajayi
Harel Mallac & Co. Limited, a Mauritius-based diversified conglomerate.
BusinessHot News

Mauritius-based Harel Mallac returns to profit as first-half revenue hits $36 million

Revenue from continuing operations rose 12.2 percent to MUR1.68 billion ($36 million), from MUR1.49 billion ($32 million) in the same…

Omokolade Ajayi Omokolade Ajayi
Hacienda Ras El Hekma
Hot NewsBusinessLuxury

Palm Hills Developments secures $157 million financing to accelerate Palm Hills New Cairo

Palm Hills Developments secures $157 million financing to accelerate construction and deliveries at its Palm Hills New Cairo project in…

Feyisayo Ajayi Feyisayo Ajayi
KoBold Metals’ Quebec exploration site, part of its North American push into lithium and nickel critical minerals for global energy transition supply chains.
BusinessHot News

Bill Gates-backed firm breaks ground on $2.5bn Zambia copper mine after $50m Congo lithium bet

KoBold Metals starts Zambia’s $2.5 billion Mingomba copper mine after expanding into Congo lithium with a $50 million investment.

World Bank
BusinessHot News

Nigeria lands $1.3 billion World Bank package to drive business growth

Nigeria World Bank package unlocks $1.3 billion to boost infrastructure, jobs, investment and business growth.

Moroccan billionaire Anas Sefrioui
BillionairesBusiness

Moroccan billionaire Anas Sefrioui expands into pharmaceuticals with Servier deal

Anas Sefrioui’s Servier deal expands his pharmaceutical business as Pharma Capital seeks to acquire Servier’s Moroccan operations.

Timilehin Adejumobi Timilehin Adejumobi
PSG Building
BusinessHot News

South African billionaire Mouton family’s PSG to delist from Stock Exchange of Mauritius

PSG Financial Services delisting from Mauritius takes effect Aug. 31 as the South African group cuts a low-activity dual listing.

Timilehin Adejumobi Timilehin Adejumobi
Aton Resources raises $2.8 million to advance Egypt’s Hamama gold project
BusinessHot News

Aton Resources raises $2.8 million to advance Egypt’s Hamama gold project

Aton Resources raises $2.8 million to advance exploration and development at Egypt’s Hamama gold project, targeting potential production in 2027.

Feyisayo Ajayi Feyisayo Ajayi
Niger signs $1.9 billion deal with Canadian group to build 100,000 bpd oil refinery
BusinessHot News

Niger signs $1.9 billion deal with Canadian group to build 100,000 bpd oil refinery

Niger signs a $1.9 billion deal with Zimar Inc. for a 100,000-bpd refinery to boost domestic fuel supply and cut imports.

Feyisayo Ajayi Feyisayo Ajayi
Sintana Energy expands Namibia oil push with $6.5 million deal
BusinessGlobal News

Sintana Energy expands Namibia oil push with $6.5 million deal

Sintana Energy is expanding its Namibia oil exposure with a $6.5 million deal for a stake in Maravilla Oil and Gas and PEL 37.

Oluwatosin Alao Oluwatosin Alao
Gauteng-born CEO Mpumi Madisa.
BusinessHot News

South African CEO Mpumi Madisa reveals leadership playbook at $5.1 billion Bidvest

Bidvest CEO Mpumi Madisa shares key leadership insights on steering the $5.1 billion global conglomerate and driving major corporate growth.

Omokolade Ajayi Omokolade Ajayi
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