Trustco
Hot NewsBusinessCompaniesLatest

Trustco pushes audit to Q4 2026 after 2 years of delayed financial statements

Trustco has pushed completion of its overdue 2024 and 2025 financial audits to Q4 2026, prolonging its JSE trading suspension.

Feyisayo Ajayi Feyisayo Ajayi
Paul Hanratty
BusinessCompaniesHot NewsLatest

Sanlam CEO Paul Hanratty steps down from AfroCentric board after 3 years

Sanlam CEO Paul Hanratty has stepped down from AfroCentric’s board after three years, as the healthcare group navigates restructuring challenges.

Feyisayo Ajayi Feyisayo Ajayi
Mantengu
BusinessHot NewsLatestMining

Mantengu halts $120 million Averi asset deal following sale of loss-making business

Mantengu terminates its proposed $120 million Averi asset acquisition after agreeing to sell loss-making Sublime Technologies and reduce debt.

Feyisayo Ajayi Feyisayo Ajayi
Risper Alaro
BusinessBankingHot NewsLatest

Ecobank appoints Centum finance chief Risper Alaro to board

Ecobank Kenya appoints Centum finance director Risper Alaro to its board, giving women five of nine seats and a majority…

Feyisayo Ajayi Feyisayo Ajayi
Valterra Platinum CEO Craig Miller
MiningBusinessHot News

Why South Africa’s top platinum boss climbed into a haul truck for worker safety

The grassroots engagement comes alongside a sharp earnings turnaround during Valterra’s first full financial stretch separated from former parent Anglo…

Omokolade Ajayi Omokolade Ajayi
Solar panels
EnergyHot News

Kenyan solar boom hits record as big players squeeze small startups

The boom proves consumer demand is intact, even as early-stage competitors face a sudden crunch for balance sheet support.

Omokolade Ajayi Omokolade Ajayi
EnergyBusinessHot News

Aradel posts $31 million 9M 2026 profit as Renaissance charge weighs on earnings

The steep earnings contraction prompted the board to lower its interim dividend payout to N7 per share.

Omokolade Ajayi Omokolade Ajayi
MTN Group logo, representing the pan-African telecom operator.
TechnologyCompaniesHot News

MTN Nigeria profit leaps 55% to $865 million in 9M 2026 on data boom

Pretax earnings advanced 59.4 percent to N1.8 trillion ($1.33 billion) from N1.13 trillion ($835.98 million) a year earlier.

Omokolade Ajayi Omokolade Ajayi
Zenith Bank Plc
BankingBusinessHot News

Trading losses hit Nigeria’s Zenith Bank as 9M 2026 profit falls to $501.6 million

Unfavorable market swings and a heavier tax bill squeezed core earnings, taking the sheen off an otherwise massive retreat in…

Omokolade Ajayi Omokolade Ajayi
Nigerian executive Fola Aiyesimoju
ExecutivesBusinessCompanies

Fola Aiyesimoju powers UAC of Nigeria to $16.3 million profit in 9M 2026

Pretax profit jumped nearly fourfold to N37.69 billion ($27.97 million) from N10.4 billion ($7.72 million).

Omokolade Ajayi Omokolade Ajayi
Royal Malewane
LuxuryTourism

Inside Royal Malewane: South Africa’s ultra-luxury Safari retreat

Ultra-luxury safari lodge in Kruger draws billionaires, royals, and global elites.

Sa’adat Hamza Mohammed
BusinessEntrepreneursHot NewsLatest

Nigerian banker Sa’adat Mohammed’s Jaiz Bank stake falls to $24 million from over $40 million

Sa’adat Mohammed’s indirect stake in Jaiz Bank has fallen to $24 million from $41 million as shares slide ahead of third-quarter results.

Stephen Saad
BusinessCompanies

Stephen Saad’s Aspen to sell European drug rights to Ennogen for $220 million

Aspen Ovestin sale brings $220 million as Stephen Saad's drugmaker sells European rights to Ennogen.

Timilehin Adejumobi Timilehin Adejumobi
Kenya's Mrima Hill mineral race narrows as Chinese bidders withdraw
BusinessGlobal News

Kenya’s Mrima Hill mineral race narrows as Chinese bidders withdraw

Kenya's $billions Mrima Hill mineral project draws five international bidders after two Chinese companies withdraw, with three US-linked groups competing.

Oluwatosin Alao Oluwatosin Alao
Trustco
Hot NewsBusinessCompaniesLatest

Trustco pushes audit to Q4 2026 after 2 years of delayed financial statements

Trustco has pushed completion of its overdue 2024 and 2025 financial audits to Q4 2026, prolonging its JSE trading suspension.

Feyisayo Ajayi Feyisayo Ajayi
Hilton
HospitalityBusinessTourism

Hilton makes Guinea debut with new DoubleTree Hotel in Conakry 

Hilton brings its DoubleTree brand to Guinea with a 196-room Conakry hotel, marking a new step in its West African expansion.

Timilehin Adejumobi Timilehin Adejumobi
Air Algérie
BusinessTourism

Air Algérie restores Algiers-Tripoli flights after 12 years, expanding African travel

Air Algérie has resumed flights to Libya after 12 years, seeking to expand Algiers as a hub for African and international travellers.

Oluwatosin Alao Oluwatosin Alao
Conakry Ahmed Sékou Touré International Airport, Guinea
TravelsBusinessTourism

Conakry Airport passenger traffic jumps 22% as airlines expand routes

Conakry Airport passenger traffic jumps 22% as Air Algérie and EgyptAir weigh new routes amid a major terminal expansion.

Timilehin Adejumobi Timilehin Adejumobi
Femi Otedola
BusinessBankingBillionairesHot NewsLatest

Femi Otedola’s First HoldCo stake slips to $1 billion, shedding $328 million in 3 days

Femi Otedola’s First HoldCo stake slips to $1.07 billion after a 23% share price decline wipes $328 million off its value in three days.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s richest person Aliko Dangote
BusinessBillionairesEnergyHot NewsLatest

Aliko Dangote’s $327 million investment boosts Kenya Pipeline Company’s value by $834 million

Kenya Pipeline Company gains $834 million in market value after Aliko Dangote acquires a 24.76% stake, driving shares to record highs.

Feyisayo Ajayi Feyisayo Ajayi
Jaswant Singh Rai, Kenyan billionaire and Rai Group chair
BusinessBillionaires

Kenyan billionaire Jaswant Rai expands sugar business with $32 million investment

Jaswant Rai commits $32.3 million to a new Kenyan sugar mill as Rai Group expands its processing capacity and farming network.

Timilehin Adejumobi Timilehin Adejumobi