Nigerian politician Abdulaziz Yari.
ExclusiveBillionairesBusiness

Abdulaziz Yari: From N84 billion fraud probe to N1.08 trillion Geregu Power buyout

Sen. Abdulaziz Yari’s move into the corporate sector follows more than two decades in Nigerian politics.

Omokolade Ajayi Omokolade Ajayi
Crookes Brothers earnings decline
BusinessHot News

Crookes Brothers weighs sale of Mozambique farming business as $5 million debt looms

Crookes Brothers is negotiating a $2 sale of its Mozambique macadamia businesses as it seeks to eliminate $5 million in…

Feyisayo Ajayi Feyisayo Ajayi
From small beginnings in 1967, as a Polokwane-based family business, Moolman Group has grown into a major property investment firm managing portfolios across South Africa and abroad.
BusinessHot News

How South Africa’s Moolman family unlocked $124 million from 9 mega malls

For the Moolman family, however, the sale is not a retreat from commercial property. It is a way to free…

Omokolade Ajayi Omokolade Ajayi
Egyptian real estate tycoon Waleed Zaki
BusinessHot News

Egyptian real estate tycoon Waleed Zaki steers Pioneers to $16.7 million H1 profit

The leading Egyptian property and infrastructure developer reported a consolidated net profit of EGP837.92 million ($16.7 million) for the six…

Omokolade Ajayi Omokolade Ajayi
Beltone Holding
BusinessHot News

Egypt’s Beltone Holding profit falls 50% to $12.9 million despite revenue surge

The company’s lending business was a major contributor to the increase in revenue.

Omokolade Ajayi Omokolade Ajayi
AMEA Power Egypt solar project
BusinessHot News

AMEA Power’s $19 million-backed 24 MW solar project nears operation in Uganda

AMEA Power’s $19 million-backed 24 MW solar project in Uganda nears operation after energizing its dedicated substation in the West…

Feyisayo Ajayi Feyisayo Ajayi
South African billionaire Nicky Oppenheimer
BillionairesBusinessHot News

South African billionaire Nicky Oppenheimer adds $1B as wealth hits $15.5B

Oppenheimer’s wealth has risen $1.65 billion since the start of the year, pushing him to No. 207 on the Bloomberg…

Omokolade Ajayi Omokolade Ajayi
Globacom: 23 years of powering unlimited possibilities
TechnologyBusinessHot News

Globacom at 23: From Expensive SIM Cards to Mass Connectivity

Infrastructure development served as the backbone of this expansion.

Omokolade Ajayi Omokolade Ajayi
Kgotso Bannalotlhe
BusinessHot News

Kgotso Bannalotlhe: Botswana banker who rose from treasury roles to regional CEO across 3 markets

Kgotso Bannalotlhe rose from treasury roles to lead BancABC, Access Bank Botswana and Letshego’s operations across three Southern African markets.

Feyisayo Ajayi Feyisayo Ajayi
Kenya tallest towers Nairobi
BusinessHot News

Britam profit jumps to $21 million in H1 2026

Britam’s profit rose 53.3% to $20.5 million in H1 2026 as stronger underwriting and fee income offset weaker investment gains.

Feyisayo Ajayi Feyisayo Ajayi
CIC Group
BusinessHot News

Kenya’s CIC Group posts $8.4 million H1 2026 profit

CIC Group’s H1 2026 profit rose 70.3% to $8.4 million, driven by investment gains and asset management despite weaker insurance…

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Tony Elumelu.
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu pockets $14.45 million from Seplat’s Q2 dividend payout

The payment follows Seplat’s second-quarter dividend declaration and comes as the dual-listed company reports a sharp increase in earnings for…

Omokolade Ajayi Omokolade Ajayi
Malagasy tycoon Hassanein Hiridjee
TechnologyBillionairesBusinessHot News

Malagasy tycoon Hassanein Hiridjee’s Axian Telecom posts $980 million H1 revenue

The performance underscores steady commercial expansion across its core markets despite fair-value investment pressures.

Omokolade Ajayi Omokolade Ajayi
Angela Nganga
BusinessHot NewsTechnology

Microsoft appoints Angela Nganga to lead East Africa operations

Microsoft appoints Angela Nganga as East Africa country lead, tasking her with driving AI adoption, digital transformation and regional growth.

Feyisayo Ajayi Feyisayo Ajayi
Liberia MML
BusinessHot News

IFC proposes $30 million loan to expand Liberia’s poultry and flour production

IFC proposes a $30 million loan to double Liberia’s poultry and flour production, strengthen food security and reduce import dependence.

Feyisayo Ajayi Feyisayo Ajayi
South African billionaire Michiel Le Roux
BillionairesBusiness

South African billionaire Michiel Le Roux-linked firms give $3.4 million to Democratic Alliance

Fynbos Ekwiteit donated R30 million ($1.8 million) to the DA between April 1 and June 30, 2026, while Fynbos Kapitaal…

Timilehin Adejumobi Timilehin Adejumobi
Brett Abrahamse
BusinessTourism

South African entrepreneur Brett Abrahamse’s Terrace Africa partners with Hilton for Zimbabwe hotel debut

Terrace Africa, led by Brett Abrahamse, partners with Hilton to launch Zimbabwe’s first Hilton Garden Inn, a 140-room hotel in…

Feyisayo Ajayi Feyisayo Ajayi
AHL
BusinessHot News

AHL Venture Partners raises $45.5 million for Africa-focused credit fund

AHL Venture Partners raises $45.5 million for its Africa-focused credit fund, advancing toward a $70 million target to finance high-growth…

Feyisayo Ajayi Feyisayo Ajayi
Antoine Ndzengue tyre project
Hot NewsBusiness

Cameroonian businessman Antoine Ndzengue’s Neptune opens $10.7 million Maithé Mall

Cameroonian businessman Antoine Ndzengue’s Neptune Group opens $10.7 million Maithé Mall, expanding beyond petroleum into modern retail.

Feyisayo Ajayi Feyisayo Ajayi
Megan Kim de Vroeg
ExclusiveBusinessHot News

How Megan Kim de Vroeg became the marketing chief of $1.5 billion Dis-Chem

As Chief Marketing Officer, Megan Kim de Vroeg now oversees the integration of customers into the broader Dis-Chem ecosystem.

Omokolade Ajayi Omokolade Ajayi
Discover Plett Quarter Hotel, Plettenberg Bay’s luxury coastal stay
TourismLuxury

Discover Plett Quarter Hotel in one of South Africa’s top beach towns

Along South Africa’s celebrated Garden Route, Plettenberg Bay has become one of the country’s most sought-after coastal destinations. Long known for its sweeping beaches, clear blue waters and easygoing charm, the seaside town attracts travelers looking for a stay that blends comfort, nature and understated luxury.  What makes Plettenberg Bay appealing is its balance. It offers the beauty of a…

African luxury manufacturing
LuxuryHot News

Africa’s luxury manufacturing boom: From watches to wines

Africa is reshaping its luxury identity, turning raw materials into world-class wines, watches, and fashion rooted in craftsmanship.

Nigerian politician Abdulaziz Yari.
ExclusiveBillionairesBusiness

Abdulaziz Yari: From N84 billion fraud probe to N1.08 trillion Geregu Power buyout

Sen. Abdulaziz Yari leads Geregu Power after a N1.08 trillion ($793 million) buyout, marking a shift from past EFCC probes to corporate leadership.

Omokolade Ajayi Omokolade Ajayi
Northam Platinum
BusinessHot News

Eland mine nears greener future as Northam Platinum advances sustainability

Northam Platinum plans to make Eland South Africa’s first renewable-powered PGM mine as it expands solar, wind and battery projects

Oluwatosin Alao Oluwatosin Alao
Crookes Brothers earnings decline
BusinessHot News

Crookes Brothers weighs sale of Mozambique farming business as $5 million debt looms

Crookes Brothers is negotiating a $2 sale of its Mozambique macadamia businesses as it seeks to eliminate $5 million in outstanding debt.

Feyisayo Ajayi Feyisayo Ajayi
From small beginnings in 1967, as a Polokwane-based family business, Moolman Group has grown into a major property investment firm managing portfolios across South Africa and abroad.
BusinessHot News

How South Africa’s Moolman family unlocked $124 million from 9 mega malls

Moolman Group agreed to sell nine retail malls to Dipula Properties for $124 million, freeing up capital to fund a fresh pipeline of retail builds.

Omokolade Ajayi Omokolade Ajayi
LABAT AFRICA LTD
TechnologyBusiness

JSE suspends Labat Africa shares over unpaid first dividend   

JSE suspends Labat Africa shares after the company fails to pay its maiden dividend, raising uncertainty for shareholders.

Timilehin Adejumobi Timilehin Adejumobi
Volvo
BusinessHot News

Volvo expands South Africa footprint with Century City dealership

Volvo South Africa expands in Cape Town with a new Century City dealership as demand for premium electric vehicles grows.

Timilehin Adejumobi Timilehin Adejumobi
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