Faraj Jaffar
BusinessHot News

Meet Faraj Jaffar: Heir leading Tanzania’s ASAS Group logistics, agriculture empire

Faraj Jaffar leads ASAS Group into a new era, building on a century-old Tanzanian empire spanning logistics, agriculture, energy, and…

Feyisayo Ajayi Feyisayo Ajayi
African families
BusinessBillionairesHot News

10 richest African families

Richest African families control $115 billion in combined wealth, spanning industries and shaping economies through powerful multigenerational dynasties.

Feyisayo Ajayi Feyisayo Ajayi
Trustco flags Meya Mining production delays
BusinessHot News

Trustco flags delays at Meya Mining as diamond project faces production setback

Trustco warns of delays at Meya Mining as Sierra Leone diamond project stalls, with no revenue, rising liabilities and uncertain…

Feyisayo Ajayi Feyisayo Ajayi
Kemi Badenoch Conservative leader
BusinessGlobal NewsHot News

Kemi Badenoch: Conservative leader rebuilding opposition with a bold pro-investment-first vision for Britain’s future

Kemi Badenoch reshapes UK politics with a pro-investment agenda, positioning Conservatives around growth, capital and long-term economic recovery.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Hammerson’s 2026 divestments hit $100 million at premium to book value

Hammerson’s 2026 divestments reach $100 million, achieving a premium to book value as the firm accelerates capital recycling into core…

Feyisayo Ajayi Feyisayo Ajayi
Julius Rone
BusinessHot News

Nigerian tycoon Julius Rone’s UTM Offshore clears hurdle for $5 billion gas project

Julius Rone's UTM Offshore secures 15-year gas deal, clearing key hurdle for $5 billion FLNG project and paving way for…

Feyisayo Ajayi Feyisayo Ajayi
Tatu City
BusinessHot News

Tatu City ownership battle escalates as court ruling triggers $15 million fallout

Tatu City dispute deepens after court ruling, as minority investors pursue fresh arbitration to salvage stakes amid $15 million fallout.

Feyisayo Ajayi Feyisayo Ajayi
Centre Point, formerly known as the Famfa Oil Tower.
ExclusiveBillionairesLuxury

How Nigeria’s richest woman built a $100 million Lagos tower without a bank loan

Positioned at the corner of Alfred Rewane (Kingsway) Road in Ikoyi, Centre Point commands attention through its distinctive architecture.

Omokolade Ajayi Omokolade Ajayi
Kenyan tycoon Baloobhai Patel
BusinessHot News

Kenyan tycoon Baloobhai Patel’s stake in Absa Kenya nears $30 million

Kenyan investor Baloobhai Patel’s Absa Kenya stake nears $30 million as shares rally on strong earnings and rising investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Gautam Adani
BillionairesBusinessHot News

Gautam Adani’s port arm targets Africa expansion after $10 billion fundraising surge

Gautam Adani's port arm targets Africa expansion after raising nearly $10 billion, positioning to capture rising trade flows across Asia,…

Feyisayo Ajayi Feyisayo Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Circle backs Flutterwave after Ripple deal valued the fintech at $3.3 billion

The integration aims to cut transaction costs and eliminate settlement delays by operating outside traditional banking hours.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Egypt launches child-focused SIM services to strengthen online safety

Egypt launches child-focused SIM services, Etmaen and Etmaen Ala El Akher, to enhance online safety with built-in network protections.

Feyisayo Ajayi Feyisayo Ajayi
Edita $9.3 million loan Egypt
BusinessHot News

IFC weighs $25 million financing for Edita’s Iraq expansion

IFC considers $25 million financing for Edita’s Iraq expansion, backing capacity growth, upgrades, and regional ambitions beyond Egypt.

Feyisayo Ajayi Feyisayo Ajayi
Senegal’s first offshore oil project.
Hot NewsBusiness

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

The project produced 3.1 million barrels in January, 2.8 million in February, 3.1 million in March, 2.9 million in April,…

Omokolade Ajayi Omokolade Ajayi
Hassan Allam
BusinessHot News

Hassan Allam Utilities gets $30 million funding for Egypt’s Minya solar project

Hassan Allam Utilities secures $30 million EAAIF loan for Egypt’s Minya solar and battery project, boosting renewable capacity and grid…

Feyisayo Ajayi Feyisayo Ajayi
Standard Bank Group Chairpersons
BusinessHot News

Standard Bank Group: 10 chairpersons driving growth across Africa

Standard Bank’s chairpersons anchor governance, risk oversight, and growth across 20 African markets, strengthening trust and long-term performance.

Feyisayo Ajayi Feyisayo Ajayi
ADvTECH
BusinessHot News

PIC lifts ADvTECH stake to $319 million as valuation nears $1.6 billion

PIC raises its ADvTECH stake to $319 million as the education giant nears a $1.6 billion valuation on strong earnings…

Feyisayo Ajayi Feyisayo Ajayi
South African banker Ben Kruger.
Hot NewsBusiness

Former Standard Bank CEO Ben Kruger’s stake tops $4 million as shares climb

The gain further strengthens his standing among South Africa’s wealthy individual investors on the Johannesburg Stock Exchange (JSE).

Omokolade Ajayi Omokolade Ajayi
Aradel refinery chief Temitayo Ogunbanjo.
Hot NewsBusiness

Aradel refinery chief Temitayo Ogunbanjo sells $3.3 million stake as shares slide 37%

Based on the disclosed price, the shares were worth about N4.53 billion ($3.3 million).

Omokolade Ajayi Omokolade Ajayi
Mauritius-based insurance group MUA Limited
Hot NewsBusiness

MUA posts higher first-quarter profit as Mauritius offsets Kenya, Uganda weakness

Profit after tax for the three months ended March 31, 2026, rose to MUR112.3 million ($2.4 million).

Omokolade Ajayi Omokolade Ajayi
Dele Momodu joins ADC
Hot NewsExclusive

Chief Dele Momodu seeks clarity on President Tinubu’s role on claims of  U.S. airstrikes in Nigeria

Public reactions to alleged U.S. airstrikes in Nigeria highlight how unverified security claims spread quickly without official confirmation.

Chobe Holdings leads Botswana's hospitality sector with a market cap of $82 million.
Hot NewsTourism

Chobe Holdings leads Botswana’s hospitality sector with a market cap of $82 million

Chobe Holdings posts $81.96 million market cap, fueled by strong ecotourism growth and community-driven rural development initiatives

TotalEnergies
BusinessHot News

TotalEnergies, BluEnergies expand offshore oil exploration in Liberia

Liberia offshore oil exploration gains momentum as TotalEnergies and BluEnergies advance deepwater studies in Harper Basin.

Timilehin Adejumobi Timilehin Adejumobi
Faraj Jaffar
BusinessHot News

Meet Faraj Jaffar: Heir leading Tanzania’s ASAS Group logistics, agriculture empire

Faraj Jaffar leads ASAS Group into a new era, building on a century-old Tanzanian empire spanning logistics, agriculture, energy, and real estate.

Feyisayo Ajayi Feyisayo Ajayi
Radisson Serviced Apartments Umhlanga
BusinessTourism

Radisson targets KZN for serviced apartment expansion as demand rises

Radisson Serviced Apartments KZN expansion targets Umhlanga as demand rises for flexible hotel-style residential accommodation.

Timilehin Adejumobi Timilehin Adejumobi
Air Tanzania launches direct Moscow flights to boost tourism and trade
TourismBusiness

Air Tanzania launches direct Moscow flights to boost tourism and trade

Air Tanzania launches direct Moscow flights, opening new opportunities for Tanzania tourism, trade, investment and stronger Russia business ties.

Oluwatosin Alao Oluwatosin Alao
Afreximbank
BusinessEntertainment

Afreximbank bets $1 billion on Africa’s booming film and creative economy

Afreximbank $1 billion film fund targets Africa’s creative economy with financing for studios, filmmakers and global entertainment growth.

Timilehin Adejumobi Timilehin Adejumobi
African families
BusinessBillionairesHot News

10 richest African families

Richest African families control $115 billion in combined wealth, spanning industries and shaping economies through powerful multigenerational dynasties.

Feyisayo Ajayi Feyisayo Ajayi
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