Aliko Dangote, Africa’s richest man and founder of Dangote Group.
EnergyHot News

Aliko Dangote plans $3.5 billion pipeline linking Namibia, Botswana, and South Africa

Dangote said the Southern African route is part of a wider pipeline program that could eventually give the group almost…

Omokolade Ajayi Omokolade Ajayi
Kenyan banker James Mwangi
MarketsLatest News

Kenyan banker James Mwangi’s Equity Group stake tops $100 million after rally

Kenya’s richest banker James Mwangi sees his Equity Group stake top $100 million as a 54 percent stock surge drives…

Omokolade Ajayi Omokolade Ajayi
South African billionaire Ivan Glasenberg
BillionairesBusinessLatest News

Glencore’s $2 billion lawsuit costs South African billionaire Ivan Glasenberg $1.3 billion

The decline reflects the weaker value of his Glencore stake, which has fallen below $10 billion to $9.09 billion as…

Omokolade Ajayi Omokolade Ajayi
Harmony Gold
MiningHot News

Harmony Gold launches $500 million convertible bond offering to optimise funding

Harmony Gold launches a $500 million convertible bond offering to lower funding costs, diversify capital sources and optimise its balance…

Feyisayo Ajayi Feyisayo Ajayi
InvestmentsLatest News

Egyptian fintech founder Islam Shawky’s Paymob raises $35 million to expand across MENA

Egyptian fintech Paymob raises $35 million in pre-Series C funding to expand payments infrastructure across Middle East and North Africa.

Feyisayo Ajayi Feyisayo Ajayi
Devland
Companies

10 businesses linked to Gathoo brothers, South African millionaires behind Devland

Gathoo Brothers, Mahomed and Shiraz Gathoo built a diversified South African business network spanning grocery retail, wholesale, property and trading.

Feyisayo Ajayi Feyisayo Ajayi
PLP Properties
InvestmentsHot News

Feghali, Nassar families’ PLP Properties secures $10 million for Accra hotel

PLP Properties secures $10 million from IFC to develop a 170-room Hampton by Hilton hotel near Accra’s international airport.

Feyisayo Ajayi Feyisayo Ajayi
GoTyme Bank digital banking products including debit card, mobile app, and ATMs in South Africa
BankingHot News

Patrice Motsepe’s GoTyme Bank expands Shari’ah financing across South Africa

GoTyme Bank expands Shari’ah-compliant funding to South African businesses, offering an alternative to conventional interest-based financing.

Feyisayo Ajayi Feyisayo Ajayi
Enko Capital
InvestmentsHot News

Enko Capital attracts CDC Benin investment for Francophone West Africa SME fund

Enko Capital secures CDC Benin investment for its Francophone West Africa SME fund, strengthening institutional backing for regional businesses.

Feyisayo Ajayi Feyisayo Ajayi
Mamelodi Sundowns
SportsHot News

Patrice Motsepe’s Mamelodi Sundowns defeat Al Ahli to lift African-Asian-Pacific Cup

Mamelodi Sundowns defeated Al Ahli 2-1 to win the African-Asian-Pacific Cup and advance in FIFA’s Intercontinental Cup.

Feyisayo Ajayi Feyisayo Ajayi
Crookes Brothers
CompaniesHot News

Crookes Brothers exits Mozambique macadamia venture after $19 million loss

Crookes Brothers will sell its Mozambique macadamia businesses for $2 after recording a $19 million loss and mounting debt obligations.

Feyisayo Ajayi Feyisayo Ajayi
Donald Mzolisa Don Ncube
BusinessHot News

South African businessman Don Ncube’s Kinetiko stake sheds $5.2 million

South African businessman Don Ncube loses $5.2 million as Kinetiko Energy shares fall 47%, cutting the value of his stake…

Feyisayo Ajayi Feyisayo Ajayi
South Africa’s PetroSA
Hot NewsBusiness

South Africa’s PetroSA moves to block $37 million liquidation threat

South Africa’s PetroSA moves to block a $37.2 million liquidation attempt by Nako Energy, mounting a formal legal defense to…

Omokolade Ajayi Omokolade Ajayi
Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria.
BusinessHot News

Nigeria’s refined petroleum exports surge 148% to nearly $4 billion in Q2

The quarterly figure also marked a 66.2 percent increase from $2.37 billion in the first quarter.

Omokolade Ajayi Omokolade Ajayi
South African property chief Jackie van Niekerk
ExecutivesHot News

South African property chief Jackie van Niekerk’s Attacq stake tops $1.5 million

Jackie van Niekerk’s direct holding increased to 1,370,742 shares as of June 30, 2026, from 852,056 shares a year earlier.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s Femi Otedola enters $2 billion club on massive First HoldCo rally

Femi Otedola’s net worth has crossed $2 billion as First HoldCo shares rally, adding $260.2 million to his stake since…

Omokolade Ajayi Omokolade Ajayi
Johann Rupert, chairman of Richemont and Remgro Limited.
BusinessHot News

Johann Rupert’s Remgro sees headline earnings jump to $682 million as dividends surge

Remgro’s headline earnings rose 42.3% to $682 million in 2026, driven by stronger portfolio performance, cash generation, dividends and investments.

Feyisayo Ajayi Feyisayo Ajayi
Dar es Salaam Stock Exchange
Hot NewsBusiness

Top 10 companies by market capitalization on Dar es Salaam Stock Exchange

Top 10 companies on the Dar es Salaam Stock Exchange ranked by market capitalization, highlighting Tanzania’s most valuable listed stocks.

Feyisayo Ajayi Feyisayo Ajayi
South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

Patrice Motsepe’s ARC moves to take 77.94% stake in Alexander Forbes

Africa's first billionaire, Patrice Motsepe’s ARC plans to raise its Alexander Forbes stake to 77.94% as Prudential Financial exits the…

Feyisayo Ajayi Feyisayo Ajayi
Ethiopia’s richest man, Mohammed Al Amoudi.
BusinessHot News

Ethiopia’s $10 billion man orders MIDROC to hire 40,000 local workers

Al-Amoudi framed the hiring target as part of MIDROC’s broader responsibility to Ethiopia, saying the group exists for the Ethiopian…

Omokolade Ajayi Omokolade Ajayi
Sub-saharan African growth 2025
BusinessHot News

World Bank flags stronger 2025 growth for Sub-Saharan Africa as inflation retreats

World Bank forecasts 3.8% growth in Sub-Saharan Africa for 2025 as inflation eases, but job creation remains urgent.

EIB Global invests $46M in Speedinvest fund to back African tech startups
BusinessTechnology

EIB Global invests $46 million in African tech fund to boost startups

Africa’s startup scene is attracting renewed investor interest as demand grows for digital services across the continent. From payments to healthcare, young companies are stepping in to fill gaps in fast-changing economies.  That shift is drawing support from global institutions. EIB Global has committed $46 million to an Africa-focused venture capital fund managed by Speedinvest, adding fresh backing for early-…

Aliko Dangote, Africa’s richest man and founder of Dangote Group.
EnergyHot News

Aliko Dangote plans $3.5 billion pipeline linking Namibia, Botswana, and South Africa

Dangote plans a $3.5 billion fuel pipeline linking Namibia, Botswana and South Africa as his refinery expands across Africa.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker James Mwangi
MarketsLatest News

Kenyan banker James Mwangi’s Equity Group stake tops $100 million after rally

Kenya’s richest banker James Mwangi sees his Equity Group stake top $100 million as a 54 percent stock surge drives record Nairobi exchange gains.

Omokolade Ajayi Omokolade Ajayi
South African billionaire Ivan Glasenberg
BillionairesBusinessLatest News

Glencore’s $2 billion lawsuit costs South African billionaire Ivan Glasenberg $1.3 billion

South African billionaire Ivan Glasenberg saw his net worth plunge by $1.3 billion as Glencore faces a $2 billion legal battle.

Omokolade Ajayi Omokolade Ajayi
Jens Montanana, Datatec Founder & CEO
ExecutivesBusiness

Datatec CEO Jens Montanana earns $12.5 million in 2026

Jens Montanana's pay reached $12.5 million at Datatec in 2026 as profit jumped 57%, lifting his compensation by 53%.

Timilehin Adejumobi Timilehin Adejumobi
Ethiopia plans 25,000 hectares of date palms to enter global luxury market
BusinessMarkets

Ethiopia plans 25,000 hectares of date palms to enter global luxury market

Ethiopia plans to expand date palm cultivation to 25,000 hectares, targeting export markets as global demand for dates continues to grow.

Oluwatosin Alao Oluwatosin Alao
Harmony Gold
MiningHot News

Harmony Gold launches $500 million convertible bond offering to optimise funding

Harmony Gold launches a $500 million convertible bond offering to lower funding costs, diversify capital sources and optimise its balance sheet.

Feyisayo Ajayi Feyisayo Ajayi
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