Aliko Dangote, Africa’s richest man and founder of Dangote Group.
MarketsBusinessHot News

Aliko Dangote’s refinery IPO draws $4.1 billion in oversubscribed share bids

With total bids outstripping available stock, management is weighing whether to expand the final share allocation to satisfy heavy market…

Omokolade Ajayi Omokolade Ajayi
Zain Latif
InvestmentsBusinessHot News

Zain Latif’s TLG Capital launches Ghana’s first local currency private credit fund

Zain Latif’s TLG Capital launches Ghana’s first local currency private credit fund to shield SMEs from FX risk and boost…

Omokolade Ajayi Omokolade Ajayi
Vivo Energy Mauritius
EnergyBusinessHot News

Vivo Energy Mauritius’ nine-month profit jumps 79% to $14.37 million

Strong commercial volume and wider retail margins helped the Port Louis-listed fuel marketer easily outpace foreign exchange headwinds and rising…

Omokolade Ajayi Omokolade Ajayi
Adcorp Holdings Limited
CompaniesBusinessHot News

South Africa’s Adcorp bets $3.32 million on full control of Australian flower staffing

The deal gives Adcorp full ownership of a jointly managed floriculture labor operation, consolidating client ties and capturing profit margins…

Omokolade Ajayi Omokolade Ajayi
Court places 3 Belvedere Group entities linked to Steyn brothers into fin
BusinessCompaniesHot News

Court places 3 Belvedere Group entities linked to Steyn brothers into final liquidation

South Africa’s High Court has placed three Belvedere Group entities linked to the Steyn brothers into final sequestration and liquidation.

Feyisayo Ajayi Feyisayo Ajayi
StarTimes
TechnologyDigitalHot NewsLatest

StarTimes Uganda eyes $33.3 million IFC financing for 1.8 million solar home systems

StarTimes Uganda seeks $33.3 million in IFC financing to distribute 1.8 million solar home systems and expand electricity access.

Feyisayo Ajayi Feyisayo Ajayi
Businessman Matthias Magoola
BusinessBankingHot NewsLatest

Equity Bank presses ahead with sale of Matthias Magoola-linked properties despite legal challenge

Equity Bank Uganda and Kenya defend plans to auction Matthias Magoola-linked properties as Dei BioPharma disputes outstanding debts.

Feyisayo Ajayi Feyisayo Ajayi
Mauritius-based brewer and beverage maker Phoenix Beverages
BusinessCompaniesHot News

Mauritian brewer Phoenix Beverages plunges into rare loss as island factory crisis bites

The beverage maker posted the shortfall of MUR18 million ($381,450) for the quarter ended Sept. 30, a reversal from the…

Omokolade Ajayi Omokolade Ajayi
Patrice Motsepe
MiningBusinessHot News

Patrice Motsepe-backed Harmony Gold posts $1.4 billion revenue in first quarter

The miner maintained its full-year production targets despite lower gold output and declining domestic ore grades, as it continued to…

Omokolade Ajayi Omokolade Ajayi
Johannesburg-listed Premier Group
CompaniesBusinessHot News

Premier Group posts $70.3 million half-year profit as RFG deal lifts earnings

The surge was fueled by consolidating RFG Holdings Limited alongside resilient operating margins across key milling and baking lines.

Omokolade Ajayi Omokolade Ajayi
Access Bank headquarters in Lagos, corporate headquarters of Access Holdings Plc.
BankingBusinessHot News

Access Holdings posts $352 million 9M 2026 profit as assets near $40 billion

Access Holdings posted a $352.59 million net profit for 9M 2026, driven by lower impairments and offshore units as total assets reached $39.12 billion.

Hengli Petrochemical Plant
BusinessHot News

China’s Hengli Petrochemical turns to West African oil amid sanctions

Hengli Petrochemical boosts West African oil purchases as sanctions reshape China's crude sourcing and create opportunities for Africa.

Planet-One_Hydrocarbon-Ghana
EnergyBusiness

Planet One makes deepwater hydrocarbon discovery offshore Ghana

Planet One Ghana discovery opens the carbonate play as Ghana seeks capital to lift oil output and replenish national reserves now.

Timilehin Adejumobi Timilehin Adejumobi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
MarketsBusinessHot News

Aliko Dangote’s refinery IPO draws $4.1 billion in oversubscribed share bids

Dangote Petroleum Refinery’s landmark IPO pulled $4.1 billion in share bids, tripling its $1.6 billion target as 4 million retail buyers piled in.

Omokolade Ajayi Omokolade Ajayi
Zain Latif
InvestmentsBusinessHot News

Zain Latif’s TLG Capital launches Ghana’s first local currency private credit fund

Zain Latif’s TLG Capital launches Ghana’s first local currency private credit fund to shield SMEs from FX risk and boost West African growth.

Omokolade Ajayi Omokolade Ajayi
Air Peace and Ethiopian Partnership Showcase
BusinessCompaniesHot NewsLatestLifestyle

Allen Onyema’s Air Peace partners with Ethiopian Airlines to open up more global travel options

Air Peace and Ethiopian Airlines sign an interline deal, expanding African connectivity and offering passengers more international travel options.

Feyisayo Ajayi Feyisayo Ajayi
Manhattan fashion house Tory Burch
LifestyleBusinessHot News

Swiss chocolatier Lindt opens new store in South Africa as African retail expands

Swiss confectioner Lindt expands its direct-to-consumer footprint across South Africa with a new retail boutique at Gqeberha’s Boardwalk Mall.

Omokolade Ajayi Omokolade Ajayi
Manhattan fashion house Tory Burch
LifestyleHot NewsLuxury

US luxury brand Tory Burch opens first South African store

Tory Burch opens its first South African boutique at Cape Town's V&A Waterfront, expanding its global luxury footprint into sub-Saharan Africa.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire businessman Tony Elumelu
BillionairesBusinessHot News

Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Tony Elumelu urges African companies to appoint more women to leadership roles, citing their impact on business growth and investment returns.

Omokolade Ajayi Omokolade Ajayi
Nvidia CEO Jensen Huang
BillionairesHot NewsTechnology

Nvidia CEO Jensen Huang loses $6.47B amid probe into alleged China spy links

Jensen Huang lost $6.47 billion as Nvidia shares fell 4.27%, pushing his fortune below $150 billion amid a China spy probe.

Omokolade Ajayi Omokolade Ajayi
BillionairesHot NewsMarkets

Femi Otedola loses $400 million as First HoldCo shares fall by a third

Femi Otedola loses $400 million as First HoldCo shares fall by a third, reducing his net worth from $2.1 billion to $1.7 billion.

Omokolade Ajayi Omokolade Ajayi