MTN Group
BusinessHot News

MTN Group: 10 chairpersons driving growth across Africa

MTN group’s 10 chairpersons anchor governance across Africa, steering regulation, fintech expansion, and long-term growth in key markets.

Feyisayo Ajayi Feyisayo Ajayi
Patrick Bitature
BusinessHot News

Patrick Bitature’s Simba Group: Inside Uganda’s multi-sector business empire

Patrick Bitature built Simba Group into a telecom, energy, and real estate powerhouse, shaping Uganda’s private sector growth.

Feyisayo Ajayi Feyisayo Ajayi
OCI Global privatization
BusinessHot News

OCI Global backs $992 million Nassef Sawiris’ NNS bid to go private

OCI Global backs Nassef Sawiris’ $992 million NNS bid to go private, as board weighs merger with Orascom Construction.

Feyisayo Ajayi Feyisayo Ajayi
Marwa Abbas
BusinessHot News

Raya Holdings names Egyptian executive Marwa Abbas as CEO of Raya Information Technology

Raya Holdings appoints IBM veteran Marwa Abbas as CEO of its IT arm to drive regional growth and digital transformation…

Feyisayo Ajayi Feyisayo Ajayi
Aradel general counsel Titilola Omisore
Hot NewsBusiness

Aradel general counsel Titilola Omisore sells $4.7 million stake as shares slide 37%

The shares were sold through the Nigerian Exchange in Lagos, with the disclosure made by Aradel's Compliance and Company Secretariat.

Omokolade Ajayi Omokolade Ajayi
Gauteng-born CEO Mpumi Madisa.
Hot NewsBusiness

Gauteng-born CEO Mpumi Madisa hits $3-million milestone with Bidvest shares

The increase follows a steady rise in Bidvest’s share price and adds her to the ranks of South African business…

Omokolade Ajayi Omokolade Ajayi
Luxury safari lodges in the Maasai Mara
Hot NewsTourism

Kenyan herders, activists sue to halt Maasai Mara resort boom

The legal challenge names specific properties, including the Ritz-Carlton safari lodge, Sala’s Camp, and Sand River Masai Mara by Elewana.

Omokolade Ajayi Omokolade Ajayi
QCIL
BusinessHot News

Uganda’s QCIL posts record $80 million revenue as profit surges to $16 million in 2026

Uganda’s QCIL reports record $80 million revenue as profit jumps 38.8% to $16 million, driven by efficiency, diversification and expansion.

Feyisayo Ajayi Feyisayo Ajayi
Chery Autos
Hot NewsBusiness

China’s Chery takes over South Africa plant to drive pan-African auto expansion

The handover, completed on Friday, follows an agreement announced in January.

Omokolade Ajayi Omokolade Ajayi
Idrissa Nassa
Hot NewsBusiness

Idrissa Nassa’s Coris Bank sets up Cameroon unit, awaits approval for market entry

Idrissa Nassa's Coris Bank sets up Cameroon unit with CFA26 billion ($45.33 million) capital, awaiting regulatory approval to launch operations…

Feyisayo Ajayi Feyisayo Ajayi
Anil Agarwal
BusinessHot News

Indian billionaire Anil Agarwal’s Vedanta delays CopperTech IPO amid market volatility

Anil Agarwal's Vedanta delays CopperTech IPO as volatile mining equities and U.S. policy risks unsettle investors before New York debut.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Lighthouse advances $121 million refinancing ahead of 2027 debt maturity

Lighthouse moves early to refinance $121 million debt tied to French retail assets ahead of 2027 maturity, citing strong lender…

Feyisayo Ajayi Feyisayo Ajayi
Ikeja Hotels dividend Otudeko
Hot NewsBusiness

Nigerian businessman Oba Otudeko eyes N137 million Ikeja Hotels dividend, after becoming second biggest investor

Oba Otudeko to earn N137.4 million Ikeja Hotels dividend after acquiring 14.12% stake, qualifying for dual-year payouts.

Feyisayo Ajayi Feyisayo Ajayi
Zeder asset disposal strategy
BusinessHot News

From builder to harvester: Inside Zeder’s more than half a billion dollar agribusiness exit strategy

Zeder exits agribusiness assets, unlocking over $675 million as it shifts from building to capital return strategy.

Feyisayo Ajayi Feyisayo Ajayi
Mohammed Jaffer empire Mombasa
BusinessHot News

Mohammed Jaffer’s empire: Power, controversy, making of modern Mombasa

Mohammed Jaffer’s empire shapes Mombasa’s economy, blending infrastructure gains with rising scrutiny over dominance, fuel scandal, and influence.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Namibia’s Capricorn Group director Elizabeth Fahl resigns from board

Capricorn Group director Elizabeth Fahl resigns after nearly five years, ending a tenure focused on governance and human capital strategy.

Feyisayo Ajayi Feyisayo Ajayi
Nigeria’s state-owned oil company, NNPC.
Hot NewsBusiness

Nigeria’s NNPC revenue drops 13% to $3.15 billion despite steady oil output

Revenue fell by N636 billion ($463.7 million) from the N4.97 trillion ($3.62 billion) recorded in April.

Omokolade Ajayi Omokolade Ajayi
Sasini Tea Estate in Kenya, where tea, avocado, and macadamia crops are cultivated and harvested.
Hot NewsBusiness

Kenya eyes $8.3 billion agricultural plan to boost growth, slash food imports

The state-backed National Agri-Food Systems Investment Plan, or NASIP, covers the years 2026 through 2030.

Omokolade Ajayi Omokolade Ajayi
Nigerian businessman and GTBank co-founder, Fola Adeola.
Hot NewsBusiness

GTBank’s co-founder Fola Adeola loses $130 million in Aradel sell-off

The decline in Aradel mirrors a broader retreat across the Nigerian stock market, where several heavyweight companies have posted double-digit…

Omokolade Ajayi Omokolade Ajayi
FirstRand chair Johan Burger
Hot NewsBusiness

FirstRand chair Johan Burger’s stake tops $30 million despite UK regulatory drag

The increase reflects growing investor confidence in FirstRand, one of Africa's biggest financial institutions.

Omokolade Ajayi Omokolade Ajayi
Constance Lemuria cover
LuxuryHot NewsTourism

Constance Lemuria: Nature-centric luxury in Seychelles

Cradled by white-sand beaches and tropical forest, Constance Lemuria on Praslin Island blends eco-luxury with serene living and seasonal island elegance.

Sunil Bharti Mittal, Founder and chair of Bharti Enterprises and Bharti Airtel
Hot NewsTechnology

Indian billionaire Sunil Bharti Mittal to step down in Airtel Africa leadership transition 

Sunil Bharti Mittal will retire as Airtel Africa chair in July 2026, with Gopal Vittal set to succeed him amid continued growth focus.

Egypt targets $204 million agriculture financing boost
BusinessHot News

Egypt targets $204 million agriculture financing boost, expands FX lending

Egypt agriculture financing boost reaches $204 million, expanding FX loans, farm exports, agribusiness investment and food security.

Timilehin Adejumobi Timilehin Adejumobi
MTN Group
BusinessHot News

MTN Group: 10 chairpersons driving growth across Africa

MTN group’s 10 chairpersons anchor governance across Africa, steering regulation, fintech expansion, and long-term growth in key markets.

Feyisayo Ajayi Feyisayo Ajayi
Patrick Bitature
BusinessHot News

Patrick Bitature’s Simba Group: Inside Uganda’s multi-sector business empire

Patrick Bitature built Simba Group into a telecom, energy, and real estate powerhouse, shaping Uganda’s private sector growth.

Feyisayo Ajayi Feyisayo Ajayi
14 Riverside Complex
BusinessHot News

Synergy Industrial Credit seeks $45 million from I&M bank in Riverside debt case

Synergy Industrial Credit Riverside Debt Case sees the lender seek $45 million from I&M Bank over Nairobi's Riverside dispute.

Timilehin Adejumobi Timilehin Adejumobi
OCI Global privatization
BusinessHot News

OCI Global backs $992 million Nassef Sawiris’ NNS bid to go private

OCI Global backs Nassef Sawiris’ $992 million NNS bid to go private, as board weighs merger with Orascom Construction.

Feyisayo Ajayi Feyisayo Ajayi
Mabani Jabali Towers' signing
BusinessHot News

Saudi’s Mabani buys into Kenya’s Jabali Towers in first property deal 

Mabani Aljazeera Jabali Towers Kenya deal marks Saudi firm’s entry into Nairobi real estate via Tatu City project stake purchase.

Timilehin Adejumobi Timilehin Adejumobi
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