Champion Breweries Bullet acquisition
BusinessHot News

How a low-profile Nigerian brewer is quietly building a cross-border African beverage empire

Champion Breweries acquires Bullet portfolio for $29.4 million, expanding into 14 African markets and high-growth Ready-to-drink categories.

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IFC backs Morocco microloans
BusinessHot News

Morocco’s Fondation Arrawaj gets $15 million IFC microloan

IFC proposes $15 million loan to Morocco’s Arrawaj, boosting microenterprise lending and financial inclusion for MSMEs and women-owned businesses.

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B Investments Brown Nose Coffee acquisition
BusinessHot News

Egypt’s B Investments moves to acquire controlling stake in Brown Nose Coffee

B Investments plans phased deal to secure majority stake in Brown Nose Coffee, deepening exposure to Egypt’s fast-growing consumer sector.

Feyisayo Ajayi Feyisayo Ajayi
Africa fine dining restaurants
Hot NewsLuxury

20 stellar restaurants across Africa

Africa’s top fine-dining restaurants blend heritage, luxury and innovation, redefining global perceptions of the continent’s cuisine.

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African-owned hotels in Africa
Hot NewsLuxury

Top 10 African-owned hotels

African-owned hotels redefine African luxury, blending heritage, exclusivity and tourism-driven economic growth.

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Dangote Cement boosts Africa production
BusinessHot News

Dangote Cement signs $1 billion expansion deal to boost African production

Dangote Cement signs $1 billion deal to expand production across seven African countries, boosting capacity to 80M tonnes by 2030.

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OK Zimbabwe corporate rescue
BusinessHot News

Shoprite, Choppies exits foreshadow turmoil as OK Zimbabwe enters corporate rescue

OK Zimbabwe enters corporate rescue after mounting liquidity strain, echoing Choppies and Shoprite exits.

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Brait trims Premier stake, raises $63M
BusinessHot News

Brait raises $63 million from Premier Group share sale, trims stake to 24.3%

Brait raises $63 million selling Premier shares, cuts stake to 24.3%, boosting liquidity and portfolio flexibility.

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Del Monte Kenya IQF line
BusinessHot News

Del Monte Kenya adds $4 million solar-powered IQF line to boost exports

Del Monte Kenya launches $4 million IQF line, boosting frozen fruit exports, smallholder sourcing and solar-powered processing.

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BusinessHot News

Seplat Energy posts $2.73 billion revenue in 2025 on output boost

Seplat Energy reports $2.73 billion revenue in 2025 as offshore and onshore output drive a 144% jump.

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Africa’s richest heirs
ExclusiveHot News

Africa’s 20 richest heirs leading billion-dollar empires

Africa’s richest heirs are reshaping billion-dollar empires, driving governance, expansion, and next-generation leadership across industries.

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BusinessHot News

Africa could add $17 billion, 3.3 million jobs by doubling seafood production

Doubling Africa’s seafood production could add $17 billion to GDP and create 3.3 million jobs, boosting the continent’s food sector.

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BusinessHot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Cement profit nearly quintuples to $260 million

Nigerian billionaire Abdul Samad Rabiu's posts $260 million profit, up 379%, driven by strong sales and lower foreign exchange losses.

Omokolade Ajayi Omokolade Ajayi
Malawi’s richest investors
BusinessHot News

Malawi’s 20 richest investors and their investments

Malawi’s 15 richest investors shape banking, agriculture, telecoms and infrastructure across one of Africa’s resilient frontier markets.

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Nassef Sawiris Orascom stake $475 million
BusinessHot News

Nassef Sawiris crosses $10 billion as Orascom stake climbs to $475 million

Nassef Sawiris’ Orascom stake climbs to $475 million after Abu Dhabi shift, lifting his net worth above $10 billion.

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BusinessHot News

Over 400 Nestlé employees in South Africa face layoffs

Nestlé starts layoffs in South Africa, part of a global restructuring affecting 16,000 jobs to boost performance and efficiency.

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Vukile Islazul Madrid acquisition
Hot NewsLuxury

Vukile, led by South African REIT specialists, acquires Islazul Shopping Centre in Madrid

Vukile acquires Madrid’s Islazul Shopping Centre for €202 million ($238.4 million), expanding Castellana’s Iberian retail footprint.

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MTN Nigeria 2025 revenue growth
BusinessHot News

Karl Toriola-led MTN Nigeria posts $3.8 billion in revenue, returns to profitability

MTN Nigeria posts $3.8 billion revenue in 2025, reversing losses as data, fintech and FX stability drive profit rebound.

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Parkville Pharmaceuticals Egypt investment
BusinessHot News

Egypt’s Parkville Pharmaceuticals gets investment from Proparco, Adenia and DEG

Proparco, Adenia and DEG acquire majority stake in Egypt’s Parkville to boost local cosmeceutical manufacturing and regional expansion.

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Stripe PayPal acquisition
Hot NewsTechnology

Stripe explores PayPal’s $43 billion takeover after $159 billion valuation

Stripe explores PayPal acquisition after $159 billion valuation, signaling fintech consolidation and digital payments expansion.

Feyisayo Ajayi Feyisayo Ajayi
Champion Breweries Bullet acquisition
BusinessHot News

How a low-profile Nigerian brewer is quietly building a cross-border African beverage empire

Champion Breweries acquires Bullet portfolio for $29.4 million, expanding into 14 African…

Feyisayo Ajayi Feyisayo Ajayi
IFC backs Morocco microloans
BusinessHot News

Morocco’s Fondation Arrawaj gets $15 million IFC microloan

IFC proposes $15 million loan to Morocco’s Arrawaj, boosting microenterprise lending and…

Feyisayo Ajayi Feyisayo Ajayi
B Investments Brown Nose Coffee acquisition
BusinessHot News

Egypt’s B Investments moves to acquire controlling stake in Brown Nose Coffee

B Investments plans phased deal to secure majority stake in Brown Nose…

Feyisayo Ajayi Feyisayo Ajayi
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