Assane Coulibaly
BusinessHot News

Assane Coulibaly: Ivorian pharmacist shaping Côte d’Ivoire’s pharmaceutical industry

Assane Coulibaly drives Côte d’Ivoire’s pharmaceutical regulation, advancing drug safety, local production, and regional policy integration.

Feyisayo Ajayi Feyisayo Ajayi
Labat Africa's first dividend
BusinessHot News

South Africa’s Labat Africa to pay first-ever $1.4 million dividend 

Labat Africa declared its first-ever $1.4 million dividend after a sharp earnings recovery and renewed focus on shareholder returns

Feyisayo Ajayi Feyisayo Ajayi
Dr. Awele Vivien Elumelu.
ExclusiveBusinessHot News

Dr. Awele Elumelu: Physician behind Nigeria’s top HMO and $1.6 billion hospitality giant

While healthcare remains central to her career, Dr. Awele Elumelu’s influence extends into broader corporate leadership.

Omokolade Ajayi Omokolade Ajayi
Djeliba
BusinessHot News

Djeliba Leisure Group gets IFC backing for $20.8 million Gambia hotel expansion

IFC plans $11 million backing for Djeliba Leisure Group’s $20.8 million hotel expansion, boosting Gambia tourism growth.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire businessman and philanthropist Tony Elumelu.
Hot NewsBillionairesBusiness

Nigerian billionaire Tony Elumelu hosts Mastercard CEO as UBA deepens global banking push

The dinner comes at a time when UBA has been drawing attention for its expanding digital banking footprint across Africa…

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s energy giant Aradel posts $90 million Q1 profit as new assets pay off

Profit after tax rose 252 percent to N120.3 billion ($90 million) in the three months ended March 31, compared with…

Omokolade Ajayi Omokolade Ajayi
Zambian economist Saviour Chibiya.
Hot NewsBusiness

Zambian economist Saviour Chibiya takes home $1.35 million from Absa Group

The increase was driven mainly by higher performance-linked awards during a year that also saw changes in his responsibilities.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

ORA Developers appoints AtkinsRéalis for BAYN coastal project in UAE

ORA Developers appoints AtkinsRéalis to lead BAYN’s master planning in Ghantoot, advancing a major UAE waterfront project.

Feyisayo Ajayi Feyisayo Ajayi
Azule Energy Greater PAJ
Hot NewsBusiness

Azule Energy approves $5.1 billion Greater PAJ oil project in Angola

Azule Energy approves $5.1 billion Greater PAJ offshore oil project in Angola to sustain production and boost long-term output capacity…

Feyisayo Ajayi Feyisayo Ajayi
Vukile Property Fund share awards
BusinessHot News

Vukile Property Fund CEO Laurence Rapp, top brass unlock about $8 million in share awards 

Vukile Property Fund executives unlock about $8 million in share awards as conditional plan vests, with tax-linked disposals and future…

Feyisayo Ajayi Feyisayo Ajayi
Hassan Allam
BusinessHot News

Egyptian tycoon Hassan Allam’s group expands Saudi portfolio with Waldorf Astoria Diriyah project

Hassan Allam Holding expands Saudi Arabia footprint with Diriyah Waldorf Astoria project, boosting giga-project construction pipeline in Riyadh

Feyisayo Ajayi Feyisayo Ajayi
Solar panels
Hot NewsBusiness

Botswana secures $100 million for major solar project to power Southern Africa

Rand Merchant Bank, a unit of FirstRand, acted as the lead arranger for the project.

Omokolade Ajayi Omokolade Ajayi
South Africa's richest man Johann Rupert
BillionairesBusinessHot News

South Africa’s richest man Johann Rupert loses $100 million as Richemont shares retreat

Earlier this month, a buying surge in Richemont shares lifted Rupert’s net worth to $20.4 billion.

Omokolade Ajayi Omokolade Ajayi
Nigerian executive Modupe Kadri.
Hot NewsBusiness

After 3-day spree, MTN Nigeria CFO Modupe Kadri boosts stake to $1.72 million

Combined, the purchases amounted to 1,589,041 shares acquired over three consecutive trading days at a total cost of N1.26 billion…

Omokolade Ajayi Omokolade Ajayi
Western Cape biggest farms
BusinessHot News

10 largest farms in Western Cape, South Africa

Western Cape farms punch above size, driving exports through irrigation, fruit, wine and high-value agricultural output.

Feyisayo Ajayi Feyisayo Ajayi
Vedanta
BusinessHot News

ZCCM says Vedanta IPO plans to accelerate $2.7 billion Zambia copper expansion

ZCCM says Vedanta’s planned CopperTech IPO could speed up a $2.7 billion Konkola Copper Mines expansion in Zambia by several…

Feyisayo Ajayi Feyisayo Ajayi
Nigerian businessman Ladi Jadesimi, chairman of Aradel Holdings.
BillionairesBusinessHot News

Nigerian businessman Ladi Jadesimi set for $3.9 million Aradel dividend

Based on Aradel’s proposed final dividend, he is expected to receive N5.29 billion ($3.9 million) when the company pays shareholders…

Omokolade Ajayi Omokolade Ajayi
Valu, Egypt's fintech
BusinessHot News

Fintech giant Valu gets $12 million loan to expand green consumer financing in Egypt

Valu, EFG Holding unit, secured a $12 million EBRD loan to expand green consumer financing for energy-efficient goods in Egypt…

Feyisayo Ajayi Feyisayo Ajayi
Allan Gray ARM stake
BusinessHot News

Allan Gray’s African Rainbow Minerals stake now worth $116.8 million

Allan Gray’s $116.8 million ARM stake reflects steady confidence despite volatility and a slight trim in its mining investment position.

Feyisayo Ajayi Feyisayo Ajayi
Phillip Tobias African Rainbow Minerals
BusinessHot News

Phillip Tobias: Mining engineer steering Patrice Motsepe’s $2.3 billion African Rainbow Minerals

Phillip Tobias leads African Rainbow Minerals, steering strategy and operations through commodity volatility and profit pressures.

Feyisayo Ajayi Feyisayo Ajayi
African billionaires second citizenship
BusinessHot NewsTourism

7 nations African billionaires target for second citizenship

African billionaires increasingly seek second citizenship to hedge risk, boost mobility, optimize taxes and secure assets across stable global jurisdictions.

Hot NewsTechnology

Nigerian billionaire Adebayo Ogunlesi’s GIP nears deal to acquire power firm AES

Global Infrastructure Partners, founded by Adebayo Ogunlesi, is nearing a deal with EQT to acquire AES Corp. as power demand tied to AI rises.

Assane Coulibaly
BusinessHot News

Assane Coulibaly: Ivorian pharmacist shaping Côte d’Ivoire’s pharmaceutical industry

Assane Coulibaly drives Côte d’Ivoire’s pharmaceutical regulation, advancing drug safety, local production, and regional policy integration.

Feyisayo Ajayi Feyisayo Ajayi
AFC listing on LSE
BusinessHot News

AFC injects $123 million into Togo agriculture sector growth

AFC Togo Agriculture Investment reaches $123 million, boosting mechanization, irrigation and food security in Togo.

Timilehin Adejumobi Timilehin Adejumobi
Labat Africa's first dividend
BusinessHot News

South Africa’s Labat Africa to pay first-ever $1.4 million dividend 

Labat Africa declared its first-ever $1.4 million dividend after a sharp earnings recovery and renewed focus on shareholder returns

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Capitec’s former CEO Gerrie Fourie pockets $9.4 million in 2026 pay package 

Capitec former CEO Gerrie Fourie pay package 2026 totals $9.4 million after strong earnings, governance transition and board return.

Timilehin Adejumobi Timilehin Adejumobi
Scatec
BusinessHot News

Norway’s Scatec plans $5 billion Egypt green energy investment

Scatec Egypt green energy investment accelerates up to $5B in solar, wind, storage and green infrastructure across Egypt’s energy transition.

Timilehin Adejumobi Timilehin Adejumobi
Namibia rejects Starlink license after dismissing 624 appeals
TechnologyBusiness

Namibia rejects Starlink license after dismissing 624 appeals

Namibia upheld its Starlink ban after rejecting 624 appeals, citing local ownership rules for telecom operators.

Oluwatosin Alao Oluwatosin Alao
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