Malawi government stake in Sunbird Tourism
Hot NewsTourism

Sunbird Tourism rally lifts Malawi government’s stake above $200 million

Malawi government’s stake in Sunbird Tourism surpasses $200 million as shares double, lifting market value on the Malawi Stock Exchange.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

South African billionaire Patrice Motsepe returns to Forbes top 1,000 richest

South African billionaire Patrice Motsepe returns to Forbes 1,000 richest after $300 million mining surge and fintech growth.

Omokolade Ajayi Omokolade Ajayi
Hot NewsSports

After Herbalife deal, Ronaldo buys into Saudi-backed Spanish club

Cristiano Ronaldo buys 25% of Saudi-backed UD Almería after taking a 10 percent Herbalife stake, expanding his global investments.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Zimbabwe lithium export ban lifts prices and producer shares

Zimbabwe’s decision to halt exports of lithium concentrate has shaken global markets, sending both commodity prices and producer shares higher.…

Omokolade Ajayi Omokolade Ajayi
Tony Elumelu joins Seplat’s board after $500 million stake deal, setting stage for chairmanship at Nigeria’s leading indigenous energy producer.
BusinessHot News

Tony Elumelu’s Transcorp hits N1 trillion in assets; dividend doubles

Tony Elumelu’s Transcorp tops N1 trillion in assets as revenue and profit surge across power and hospitality businesses.

Omokolade Ajayi Omokolade Ajayi
Adebutu stake jumps as Wema rallies
BusinessHot News

Kessington Adebutu’s stake in Wema Bank nears $120 million

Kessington Adebutu’s Wema Bank stake nears $120 million as shares surge 26% in 2026, lifting market value by $25 million.

Feyisayo Ajayi Feyisayo Ajayi
Castellana Spain real estate
Hot NewsLuxury

Vukile approves $155 million shareholder loans to Castellana to fund growth pipeline

Vukile approves $155 million shareholder loans to Castellana, boosting Spain retail growth while ensuring solvency and long-term equity strategy.

Feyisayo Ajayi Feyisayo Ajayi
ARM Cement liquidation
BusinessHot News

ARM Cement moves to wind up operations as liquidation nears completion

ARM Cement moves to wind up operations as liquidation nears completion amid debt pressures and unresolved tax disputes in East…

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, president of Dangote Group
ExclusiveHot News

Africa’s richest man Aliko Dangote adds $3 billion to net worth year-to-date

Aliko Dangote adds $3 billion to his net worth as Dangote Cement shares surge and refinery scales up production.

Omokolade Ajayi Omokolade Ajayi
IFC $52 million Platcorp financing
BusinessHot News

IFC backs Platcorp with $52 million MSME funding to expand lending in East Africa

IFC plans $52 million financing for Platcorp to expand MSME lending across Kenya, Uganda and Tanzania, targeting women-owned firms.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Glencore seals $115 million cobalt deal as U.S. eyes supply shift from China

Glencore secures $115 million cobalt purchase for U.S. stockpile as policy shifts reduce reliance on China and tighten global supply.

Omokolade Ajayi Omokolade Ajayi
Mauritius Commercial Bank $450 million syndicated loan
BusinessHot News

MCB secures $450 million syndicated loan in landmark GCC and India debut

Mauritius Commercial Bank closes $450 million syndicated loan, drawing strong GCC and Indian bank support.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

South Africa’s Octodec to sell Killarney Mall for $25 million

Octodec agrees to sell Killarney Mall in Johannesburg for $25 million, reshaping its property portfolio and freeing capital.

Omokolade Ajayi Omokolade Ajayi
Ethiopia richest entrepreneurs
ExclusiveHot News

10 richest people in Ethiopia

Ethiopia’s 10 richest entrepreneurs drive growth across energy, real estate, agriculture and industry despite political and market risks.

Feyisayo Ajayi Feyisayo Ajayi
NSIA Bank Benin Proparco guarantee
BusinessHot News

NSIA Bank Benin lands $23.6 million Proparco deal for SME Growth

NSIA Bank Benin secures $23.6 million Proparco guarantee to expand SME lending and reduce credit risk in key economic sectors.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTourism

Mauritius faces urgent $5.6 billion climate financing need

Mauritius needs $5.6 billion over 25 years to tackle climate risks, protect growth and avert up to 4% GDP loss…

Feyisayo Ajayi Feyisayo Ajayi
IFC backs Titan $70 million bond
BusinessHot News

IFC backs Titan’s $70 million bond to fund sustainable cement projects in the Balkans

IFC backs Titan’s $70 million bond to expand low-carbon cement production and energy efficiency across the Western Balkans.

Feyisayo Ajayi Feyisayo Ajayi
Super Group H1 2026 revenue
BusinessHot News

Super Group posts $1.43 billion H1 2026 revenue despite UK headwinds

Super Group posts $1.43 billion H1 2026 revenue as supply chain and dealerships lift earnings, despite UK headwinds.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

WeBuyCars holds off on new vehicle sales despite market growth

WeBuyCars focuses on used vehicles despite South Africa’s new car sales surge, prioritizing systems and customer experience.

Omokolade Ajayi Omokolade Ajayi
Indimi sisters triumph in $43.5M dispute
BusinessHot News

Nigerian oil tycoon, Mohammed Indimi loses $43.5 million dividend dispute to daughters

Twin sisters Ameena and Zara Indimi win $43.5 million court battle over unpaid Oriental Energy dividends in landmark family feud.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

South African billionaire Patrice Motsepe returns to Forbes top 1,000 richest

South African billionaire Patrice Motsepe returns to Forbes 1,000 richest after $300…

Omokolade Ajayi Omokolade Ajayi
Strive Masiyiwa, Zimbabwean billionaire and Founder of Cassava Technologies
BusinessTechnology

Strive Masiyiwa’s Liquid Intelligent secures $410 million credit facility after debt repayment  

Masiyiwa-backed Liquid secures $410m in new credit after repaying debt, with Cassava…

Timilehin Adejumobi Timilehin Adejumobi
BusinessHot News

Zimbabwe lithium export ban lifts prices and producer shares

Zimbabwe’s decision to halt exports of lithium concentrate has shaken global markets,…

Omokolade Ajayi Omokolade Ajayi
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