Nedbank
BusinessBankingHot News

Nedbank gets approval to auction Althea Mathekga’s guesthouse property

Nedbank wins court approval to auction Althea Mathekga’s Gauteng guesthouse property after mortgage arrears rise to nearly R738,000 ($44,000).

Feyisayo Ajayi Feyisayo Ajayi
Nvidia CEO Jensen Huang
BusinessHot NewsTechnology

Nvidia CEO Jensen Huang resigns after issues of several affairs

Nvidia CEO Jensen Huang resigns after 33 years as chief executive, following affair revelations, a corporate investigation and security concerns.

Feyisayo Ajayi Feyisayo Ajayi
Dairibord
BusinessCompaniesHot NewsMarkets

Zimbabwe’s NSSA acquires Dairibord stake for over $7 million amid Varun takeover review

Zimbabwe's NSSA has acquired an 8.5% stake in Dairibord for over $7 million as regulators review Varun's proposed takeover.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
MarketsBusinessHot News

Aliko Dangote’s refinery IPO draws $4.1 billion in oversubscribed share bids

With total bids outstripping available stock, management is weighing whether to expand the final share allocation to satisfy heavy market…

Omokolade Ajayi Omokolade Ajayi
Zain Latif
InvestmentsBusinessHot News

Zain Latif’s TLG Capital launches Ghana’s first local currency private credit fund

Zain Latif’s TLG Capital launches Ghana’s first local currency private credit fund to shield SMEs from FX risk and boost…

Omokolade Ajayi Omokolade Ajayi
Vivo Energy Mauritius
EnergyBusinessHot News

Vivo Energy Mauritius’ nine-month profit jumps 79% to $14.37 million

Strong commercial volume and wider retail margins helped the Port Louis-listed fuel marketer easily outpace foreign exchange headwinds and rising…

Omokolade Ajayi Omokolade Ajayi
Adcorp Holdings Limited
CompaniesBusinessHot News

South Africa’s Adcorp bets $3.32 million on full control of Australian flower staffing

The deal gives Adcorp full ownership of a jointly managed floriculture labor operation, consolidating client ties and capturing profit margins…

Omokolade Ajayi Omokolade Ajayi
Court places 3 Belvedere Group entities linked to Steyn brothers into fin
BusinessCompaniesHot News

Court places 3 Belvedere Group entities linked to Steyn brothers into final liquidation

South Africa’s High Court has placed three Belvedere Group entities linked to the Steyn brothers into final sequestration and liquidation.

Feyisayo Ajayi Feyisayo Ajayi
StarTimes
TechnologyDigitalHot NewsLatest

StarTimes Uganda eyes $33.3 million IFC financing for 1.8 million solar home systems

StarTimes Uganda seeks $33.3 million in IFC financing to distribute 1.8 million solar home systems and expand electricity access.

Feyisayo Ajayi Feyisayo Ajayi
Businessman Matthias Magoola
BusinessBankingHot NewsLatest

Equity Bank presses ahead with sale of Matthias Magoola-linked properties despite legal challenge

Equity Bank Uganda and Kenya defend plans to auction Matthias Magoola-linked properties as Dei BioPharma disputes outstanding debts.

Feyisayo Ajayi Feyisayo Ajayi
Vodacom
TechnologyBusiness

Vodacom, UJ and AWS extend AI partnership with student hackathon

Vodacom, UJ and AWS expand their AI partnership with a hackathon attracting more than 150 students to develop solutions for Africa.

Cape Town-based executive Alan Keet, a regional leader at Apex Group overseeing African operations.
BusinessGlobal NewsHot News

Cape Town-based executive Alan Keet steers Apex Group to $300 billion in South African assets under administration

Alan Keet leads Apex Group’s South African platform to R5 trillion ($300 billion) in assets under administration.

Lumepay
BusinessTechnology

Lumepay secures $6 million to expand cross-border payments across Africa

Lumepay secures $6 million in pre-seed funding and $10 million in liquidity to expand cross-border payments and currency access across Africa.

Oluwatosin Alao Oluwatosin Alao
Sharm El-Sheikh Resort, Egypt
TourismBusinessHospitality

Egypt signs $460 million hotel deals with Titanic, Hilton to boost tourism  

Egypt’s $460 million hotel deals with Titanic and Hilton add resorts, hotel rooms and branded homes as tourism investment expands.

Timilehin Adejumobi Timilehin Adejumobi
Nedbank
BusinessBankingHot News

Nedbank gets approval to auction Althea Mathekga’s guesthouse property

Nedbank wins court approval to auction Althea Mathekga’s Gauteng guesthouse property after mortgage arrears rise to nearly R738,000 ($44,000).

Feyisayo Ajayi Feyisayo Ajayi
Sharm El-Sheikh Resort, Egypt
TourismBusinessHospitality

Egypt signs $460 million hotel deals with Titanic, Hilton to boost tourism  

Egypt’s $460 million hotel deals with Titanic and Hilton add resorts, hotel rooms and branded homes as tourism investment expands.

Timilehin Adejumobi Timilehin Adejumobi
Air Peace and Ethiopian Partnership Showcase
BusinessCompaniesHot NewsLatestLifestyle

Allen Onyema’s Air Peace partners with Ethiopian Airlines to open up more global travel options

Air Peace and Ethiopian Airlines sign an interline deal, expanding African connectivity and offering passengers more international travel options.

Feyisayo Ajayi Feyisayo Ajayi
Manhattan fashion house Tory Burch
LifestyleBusinessHot News

Swiss chocolatier Lindt opens new store in South Africa as African retail expands

Swiss confectioner Lindt expands its direct-to-consumer footprint across South Africa with a new retail boutique at Gqeberha’s Boardwalk Mall.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire businessman Tony Elumelu
BillionairesBusinessHot News

Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Tony Elumelu urges African companies to appoint more women to leadership roles, citing their impact on business growth and investment returns.

Omokolade Ajayi Omokolade Ajayi
Nvidia CEO Jensen Huang
BillionairesHot NewsTechnology

Nvidia CEO Jensen Huang loses $6.47B amid probe into alleged China spy links

Jensen Huang lost $6.47 billion as Nvidia shares fell 4.27%, pushing his fortune below $150 billion amid a China spy probe.

Omokolade Ajayi Omokolade Ajayi
BillionairesHot NewsMarkets

Femi Otedola loses $400 million as First HoldCo shares fall by a third

Femi Otedola loses $400 million as First HoldCo shares fall by a third, reducing his net worth from $2.1 billion to $1.7 billion.

Omokolade Ajayi Omokolade Ajayi