Montage Gold's Koné mine
MiningBusinessHot News

Montage Gold’s Koné mine in Côte d’Ivoire hits 104% capacity weeks after first gold pour

The Toronto-listed miner milled 880,000 tonnes of oxide ore in October, averaging more than 90 percent of its 11-million-tonne annual…

Omokolade Ajayi Omokolade Ajayi
Namibian salt giant Walvis Bay Salt
BusinessCompaniesHot News

Namibian salt giant Walvis Bay Salt pivots from bulk sea salt to high-value fertilizers

Outgoing Managing Director André Snyman is closing out a tenure marked by aggressive volume growth and technical modernization.

Omokolade Ajayi Omokolade Ajayi
Trafigura’s Zambian chief, Chipokota Mwanawasa
MiningExecutivesHot News

Trafigura’s Zambian chief, Chipokota Mwanawasa, backs 3M-tonne copper goal

The pivot from state house policy to commodity trading puts Mwanawasa at the center of Zambia's economic reboot.

Omokolade Ajayi Omokolade Ajayi
Adil Douiri
BusinessCompaniesHot NewsMarkets

Moroccan tycoon Adil Douiri’s Mutandis posts $177 million in revenue in 9M 2026

Adil Douiri’s Mutandis reports $177 million in nine-month revenue, up 16%, as third-quarter sales growth accelerates to 29%.

Feyisayo Ajayi Feyisayo Ajayi
Kenya’s Quick Mart
MarketsBusinessHot News

Kenya’s Quickmart scores $141 million in massive oversubscription for IPO

The Nairobi-based grocer drew 18,492 applications for 2.45 billion shares, leaving KSh3.4 billion ($26.2 million) in surplus capital on the…

Omokolade Ajayi Omokolade Ajayi
Kenyan tycoon Baloobhai Patel
Hot NewsBusiness

Kenyan tycoon Baloobhai Patel’s Carbacid expands solar push to defend margins after $8.7 million profit

The company is expanding on-site solar capacity to insulate margins from volatile national power tariffs after posting an annual net…

Omokolade Ajayi Omokolade Ajayi
Safaricom Plc
BusinessHot NewsTechnology

Safaricom trims Ethiopia stake to 54% as mobile data boom slashes losses

The slight dilution traces back to an enlarged equity pool, triggered as consortium co-investors injected new equity alongside fresh corporate…

Omokolade Ajayi Omokolade Ajayi
Martine Rose
BusinessHot NewsLuxury

Martine Rose becomes Balenciaga’s first female creative director in 109-year history

Rose will take charge on Nov. 16, returning to the brand with creative control over its collections and a mandate…

Omokolade Ajayi Omokolade Ajayi
Patrice Motsepe
Hot NewsInvestmentsLatest

Patrice Motsepe’s African Rainbow Capital exceeds $1.3 billion in net asset value

Patrice Motsepe’s African Rainbow Capital raises net asset value to $1.32 billion, supported by growth in asset management, agriculture and…

Feyisayo Ajayi Feyisayo Ajayi
Coty
BusinessCompaniesEntrepreneursHot NewsLifestyleLuxury

Coty’s Q1 2027 results weaken months after exit of Algerian entrepreneur Sue Nabi

Coty, the American beauty giant behind brands including Hugo Boss, Burberry, Calvin Klein and CoverGirl, continued to face pressure on…

Feyisayo Ajayi Feyisayo Ajayi
ExclusiveBusiness

Auwalu Abdullahi Rano: The oil mogul behind Nigeria’s first unmanned fuel stations

Auwalu Abdullahi Rano, the oil tycoon behind Nigeria’s first unmanned fuel stations, introduces 24/7 self-service refueling with digital controls.

Egypt
Hot NewsBusiness

Egypt leads Africa with $15 billion in foreign direct investment despite continental drop

Egypt pulled in $15 billion in foreign direct investment to lead Africa in 2025, anchoring continental inflows alongside Morocco and South Africa.

Montage Gold's Koné mine
MiningBusinessHot News

Montage Gold’s Koné mine in Côte d’Ivoire hits 104% capacity weeks after first gold pour

Montage Gold hits 104% processing capacity at its Koné gold mine weeks after first pour, advancing commercial production ahead of schedule.

Omokolade Ajayi Omokolade Ajayi
Namibian salt giant Walvis Bay Salt
BusinessCompaniesHot News

Namibian salt giant Walvis Bay Salt pivots from bulk sea salt to high-value fertilizers

Walvis Bay Salt is pivoting from basic ocean salt into high-margin industrial derivatives and fertilizer, anchoring Namibia's coastal expansion.

Omokolade Ajayi Omokolade Ajayi
Trafigura’s Zambian chief, Chipokota Mwanawasa
MiningExecutivesHot News

Trafigura’s Zambian chief, Chipokota Mwanawasa, backs 3M-tonne copper goal

Trafigura's Zambia head Chipokota Mwanawasa backs the nation's push for 3 million metric tons of copper, aligning trade power with state targets.

Omokolade Ajayi Omokolade Ajayi
Martine Rose
BusinessHot NewsLuxury

Martine Rose becomes Balenciaga’s first female creative director in 109-year history

Martine Rose becomes Balenciaga’s first female creative director in its 109-year history, taking over the French luxury fashion house on November 16, 2026.

Omokolade Ajayi Omokolade Ajayi
Coty
BusinessCompaniesEntrepreneursHot NewsLifestyleLuxury

Coty’s Q1 2027 results weaken months after exit of Algerian entrepreneur Sue Nabi

Coty, the American beauty giant behind brands including Hugo Boss, Burberry, Calvin Klein and CoverGirl, continued to face pressure on revenue and profitability

Feyisayo Ajayi Feyisayo Ajayi
Flooded Kruger National Park Entrance
TourismBusiness

Kruger National Park grapples with $29.2 million funding gap after floods  

Kruger National Park faces a $29.2 million funding gap as flood recovery puts South Africa's tourism infrastructure under pressure.

Timilehin Adejumobi Timilehin Adejumobi
Patrice Motsepe
BusinessBillionairesHot NewsLatestMining

Patrice Motsepe’s ARM faces fresh delay in bid to liquidate 2 South African mining firms

Patrice Motsepe’s ARM faces another court delay in its bid to liquidate two South African mining firms over creditor opposition.

Feyisayo Ajayi Feyisayo Ajayi
Femi Otedola
BusinessBankingBillionairesHot NewsLatest

Femi Otedola’s First HoldCo stake slips to $1 billion, shedding $328 million in 3 days

Femi Otedola’s First HoldCo stake slips to $1.07 billion after a 23% share price decline wipes $328 million off its value in three days.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s richest person Aliko Dangote
BusinessBillionairesEnergyHot NewsLatest

Aliko Dangote’s $327 million investment boosts Kenya Pipeline Company’s value by $834 million

Kenya Pipeline Company gains $834 million in market value after Aliko Dangote acquires a 24.76% stake, driving shares to record highs.

Feyisayo Ajayi Feyisayo Ajayi