HOT NEWS

Nigerian banker Sa’adat Mohammed’s Jaiz Bank stake falls to $24 million from over $40 million

October 26, 2026

Kenyan tycoon Narendra Raval’s Devki Group plans Nyeri cement plant after $385 million Kitui project

October 25, 2026

Togolese banker Michel Kodzo Gafan named CEO of Coris Bank Togo

October 24, 2026

Egyptian businessman Ayman Abbas acquires 10% stake in Aqar Exit at $2 million valuation

October 24, 2026

Nigerian banker Sa’adat Mohammed’s Jaiz Bank stake falls to $24 million from over $40 million

Sa’adat Mohammed’s indirect stake in Jaiz Bank has fallen to $24 million from $41 million as shares slide ahead of…

Feyisayo Ajayi October 26, 2026

Business Entrepreneurs Hot News

Kenyan tycoon Narendra Raval’s Devki Group plans Nyeri cement plant after $385 million Kitui project

Devki Group plans a cement plant in Kenya’s Nyeri County after a $385 million Kitui project, promising jobs and lower…

Feyisayo Ajayi October 25, 2026

Business Executives Hot News

Togolese banker Michel Kodzo Gafan named CEO of Coris Bank Togo

Michel Kodzo Gafan becomes Coris Bank Togo CEO, bringing 25 years of banking experience as the lender builds on profit…

Feyisayo Ajayi October 24, 2026

Business Hot News Investments

Egyptian businessman Ayman Abbas acquires 10% stake in Aqar Exit at $2 million valuation

Egyptian businessman Ayman Abbas invests $200,000 in Aqar Exit, acquiring 10% of the proptech startup at a $2 million valuation.

Feyisayo Ajayi October 24, 2026

Business Entrepreneurs Hot News

IFC commits $300,000 to strengthen Gambia’s Salam microfinance institution

IFC commits $300,000 in advisory support to strengthen Salam’s risk management and corporate governance in The Gambia’s microfinance sector.

Feyisayo Ajayi October 23, 2026

Business Companies Hot News

Hassan Allam’s Utilities unit plans logistics hub at Egypt’s Dekheila Port

Hassan Allam Utilities plans to study a 273,008-square-metre logistics hub at Egypt’s Dekheila Port, pending final agreements and regulatory approvals.

Feyisayo Ajayi October 23, 2026

Moroccan businessman, Moulay Hafid Elalamy

Banking Business

Moroccan businessman Elalamy launches wealth management unit at Saham Bank

The unit, launched Oct. 22, will serve clients seeking to preserve fortunes and transfer wealth across generations.

Timilehin Adejumobi October 23, 2026

Business Entrepreneurs Hot News

Kola Masha’s Babban Gona smallholder farming model to get $300,000 in IFC advisory support

IFC is providing $300,000 in advisory support to strengthen Kola Masha’s Babban Gona model and expand smallholder farmers’ access to…

Feyisayo Ajayi October 23, 2026

Business Executives Hot News

Sanlam Kenya names Jacqueline Karasha CEO as life insurance arm moves to parent

Sanlam Kenya names Jacqueline Karasha CEO from November 1 as it consolidates life insurance operations under its listed parent company.

Feyisayo Ajayi October 23, 2026

Business Entrepreneurs Hot News

IFC lines up $72 million for John Alamu’s Johnvents agribusiness expansion

IFC proposes $72 million in financing for John Alamu’s Johnvents to expand sesame and cashew processing and logistics in Nigeria…

Feyisayo Ajayi October 22, 2026

Standard bank Group and CEO Sim Tshabalala

Business Hot News

Standard Bank processes $1.2 billion in Yuan payments as Africa-China trade surges

Standard Bank processed $1.2 billion in yuan via CIPS, signaling rising Africa-China trade and reduced reliance on dollar settlements.

Business Hot News

Top 20 private education groups run by African tycoons

African tycoons are transforming education through top-tier private schools shaping minds and building empires.

Business

Business Entrepreneurs Hot News Latest

Nigerian banker Sa’adat Mohammed’s Jaiz Bank stake falls to $24 million from over $40 million

Sa’adat Mohammed’s indirect stake in Jaiz Bank has fallen to $24 million from $41 million as shares slide ahead of third-quarter results.

Feyisayo Ajayi October 26, 2026

Business Entrepreneurs Hot News

Kenyan tycoon Narendra Raval’s Devki Group plans Nyeri cement plant after $385 million Kitui project

Devki Group plans a cement plant in Kenya’s Nyeri County after a $385 million Kitui project, promising jobs and lower transport costs.

Feyisayo Ajayi October 25, 2026

Business Banking

HSBC officially exits South Africa after 31 years in Africa’s biggest economy.

HSBC has officially exited South Africa after 31 years, with FirstRand and Absa taking over services for its former corporate and investment banking clients.

Oluwatosin Alao October 25, 2026

Lifestyle

Tourism Luxury

V&A Waterfront bets on luxury tourism with new hotel and superyacht hub

Cape Town is elevating its luxury travel appeal with a new EDITION hotel, superyacht facilities and access to spectacular African coastal destinations.

Oluwatosin Alao October 25, 2026