Patrice Motsepe's ARC
BusinessHot News

South Africa’s ARC defeats US firm in $194 million graphite dispute

ARC secures court win in $194M graphite dispute as South African judges rule it never signed contested confidentiality agreement.

Feyisayo Ajayi Feyisayo Ajayi
Mary Wambui
BusinessHot NewsLuxury

Kenyan businesswoman Mary Wambui loses bid as Equity Bank moves to seize Glee Hotel over $70 million debt

Mary Wambui loses bid to stop Equity Bank’s Glee Hotel takeover as court backs lender in $70 million debt dispute,…

Feyisayo Ajayi Feyisayo Ajayi
King Mswati III
BusinessHot News

King Mswati III: Absolute monarch at the center of Eswatini’s corporate empire

King Mswati III anchors Eswatini’s corporate empire through Tibiyo, a sovereign fund dominating key sectors and shaping the kingdom’s economy.

Feyisayo Ajayi Feyisayo Ajayi
Huatong Group
BusinessHot News

Huatong Group to get $60 million IFC loan to expand cable manufacturing in Africa

IFC plans $60 million loan for Huatong to expand cable production in Tanzania and Cameroon, boosting Africa’s power infrastructure.

Feyisayo Ajayi Feyisayo Ajayi
Rupert Bryants
Hot NewsBusiness

Rupert Bryant: Self-taught entrepreneur behind one of South Africa’s early internet success stories

Rupert Bryant, a self-taught entrepreneur, helped scale Webafrica into a leading South African ISP, shaping early internet infrastructure and growth.

Feyisayo Ajayi Feyisayo Ajayi
Kuseni Dlamini
BusinessHot News

Aspen chair Kuseni Dlamini to step down after December 2026 AGM

Aspen chair Kuseni Dlamini will step down after December 2026 AGM, marking a key board transition as Ben Kruger prepares…

Feyisayo Ajayi Feyisayo Ajayi
Faraj Jaffar
BusinessHot News

Meet Faraj Jaffar: Heir leading Tanzania’s ASAS Group logistics, agriculture empire

Faraj Jaffar leads ASAS Group into a new era, building on a century-old Tanzanian empire spanning logistics, agriculture, energy, and…

Feyisayo Ajayi Feyisayo Ajayi
African families
BusinessBillionairesHot News

10 richest African families

Richest African families control $115 billion in combined wealth, spanning industries and shaping economies through powerful multigenerational dynasties.

Feyisayo Ajayi Feyisayo Ajayi
Trustco flags Meya Mining production delays
BusinessHot News

Trustco flags delays at Meya Mining as diamond project faces production setback

Trustco warns of delays at Meya Mining as Sierra Leone diamond project stalls, with no revenue, rising liabilities and uncertain…

Feyisayo Ajayi Feyisayo Ajayi
Kemi Badenoch Conservative leader
BusinessGlobal NewsHot News

Kemi Badenoch: Conservative leader rebuilding opposition with a bold pro-investment-first vision for Britain’s future

Kemi Badenoch reshapes UK politics with a pro-investment agenda, positioning Conservatives around growth, capital and long-term economic recovery.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Hammerson’s 2026 divestments hit $100 million at premium to book value

Hammerson’s 2026 divestments reach $100 million, achieving a premium to book value as the firm accelerates capital recycling into core…

Feyisayo Ajayi Feyisayo Ajayi
Julius Rone
BusinessHot News

Nigerian tycoon Julius Rone’s UTM Offshore clears hurdle for $5 billion gas project

Julius Rone's UTM Offshore secures 15-year gas deal, clearing key hurdle for $5 billion FLNG project and paving way for…

Feyisayo Ajayi Feyisayo Ajayi
Tatu City
BusinessHot News

Tatu City ownership battle escalates as court ruling triggers $15 million fallout

Tatu City dispute deepens after court ruling, as minority investors pursue fresh arbitration to salvage stakes amid $15 million fallout.

Feyisayo Ajayi Feyisayo Ajayi
Centre Point, formerly known as the Famfa Oil Tower.
ExclusiveBillionairesLuxury

How Nigeria’s richest woman built a $100 million Lagos tower without a bank loan

Positioned at the corner of Alfred Rewane (Kingsway) Road in Ikoyi, Centre Point commands attention through its distinctive architecture.

Omokolade Ajayi Omokolade Ajayi
Kenyan tycoon Baloobhai Patel
BusinessHot News

Kenyan tycoon Baloobhai Patel’s stake in Absa Kenya nears $30 million

Kenyan investor Baloobhai Patel’s Absa Kenya stake nears $30 million as shares rally on strong earnings and rising investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Gautam Adani
BillionairesBusinessHot News

Gautam Adani’s port arm targets Africa expansion after $10 billion fundraising surge

Gautam Adani's port arm targets Africa expansion after raising nearly $10 billion, positioning to capture rising trade flows across Asia,…

Feyisayo Ajayi Feyisayo Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Circle backs Flutterwave after Ripple deal valued the fintech at $3.3 billion

The integration aims to cut transaction costs and eliminate settlement delays by operating outside traditional banking hours.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Egypt launches child-focused SIM services to strengthen online safety

Egypt launches child-focused SIM services, Etmaen and Etmaen Ala El Akher, to enhance online safety with built-in network protections.

Feyisayo Ajayi Feyisayo Ajayi
Edita $9.3 million loan Egypt
BusinessHot News

IFC weighs $25 million financing for Edita’s Iraq expansion

IFC considers $25 million financing for Edita’s Iraq expansion, backing capacity growth, upgrades, and regional ambitions beyond Egypt.

Feyisayo Ajayi Feyisayo Ajayi
Senegal’s first offshore oil project.
Hot NewsBusiness

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

The project produced 3.1 million barrels in January, 2.8 million in February, 3.1 million in March, 2.9 million in April,…

Omokolade Ajayi Omokolade Ajayi
DHL Company
BusinessHot News

DHL expands South Africa footprint with Vital Group deal

DHL grows its South Africa presence via Vital deal, strengthening logistics, fleet, and retail distribution nationwide.

Dinarobin
LuxuryTourism

Inside Dinarobin Beachcomber: Mauritius’ ultimate luxury wellness escape

Dinarobin Beachcomber fuses luxury, wellness, and investment living at Mauritius’ Le Morne, redefining barefoot escapes in the Indian Ocean.

Kazera Global seals long-term deal to develop South Africa mineral sands project
BusinessHot News

Kazera Global seals long-term deal to develop South Africa mineral sands project

Kazera Global signs a funded partnership to expand its South Africa mineral sands project, targeting zirconium and titanium production growth.

Oluwatosin Alao Oluwatosin Alao
Patrice Motsepe's ARC
BusinessHot News

South Africa’s ARC defeats US firm in $194 million graphite dispute

ARC secures court win in $194M graphite dispute as South African judges rule it never signed contested confidentiality agreement.

Feyisayo Ajayi Feyisayo Ajayi
Refinery
BusinessHot News

Lamu’s $17 billion oil refinery to expand into petrochemical complex      

Lamu oil refinery will expand into a $17 billion petrochemical complex, creating jobs and boosting Kenya's manufacturing.

Timilehin Adejumobi Timilehin Adejumobi
Hollard, Global Alliance to merge, creating Mozambique's largest insurer
BusinessHot News

Hollard, Global Alliance to merge, creating Mozambique’s largest insurer

Hollard Mozambique will merge with Global Alliance Seguros, creating the country's largest insurer with more than 30% market share.

Oluwatosin Alao Oluwatosin Alao
Mary Wambui
BusinessHot NewsLuxury

Kenyan businesswoman Mary Wambui loses bid as Equity Bank moves to seize Glee Hotel over $70 million debt

Mary Wambui loses bid to stop Equity Bank’s Glee Hotel takeover as court backs lender in $70 million debt dispute, clearing way for administration.

Feyisayo Ajayi Feyisayo Ajayi
Capitec
BusinessHot News

Capitec sells rental finance unit to Sasfin in $4 million deal 

Capitec sells rental finance unit to Sasfin for $4 million as the bank sharpens focus on core banking operations.

Timilehin Adejumobi Timilehin Adejumobi
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