Fawry acquisitions Egypt
BusinessHot News

Egyptian tech mogul Ashraf Sabry’s Fawry posts $32.3 million profit in H1 2026

Fawry posts a 28.9% rise in H1 2026 profit to $32.4 million, driven by revenue growth, digital adoption and expanding…

Feyisayo Ajayi Feyisayo Ajayi
Benedicte Janine Kacou Diagou
BusinessHot News

Bénédicte Janine Kacou Diagou, Ivorian heiress helping steer NSIA, her father’s multibillion-dollar empire

Bénédicte Janine Kacou Diagou has helped build NSIA into a major African financial group while shaping the next generation of…

Feyisayo Ajayi Feyisayo Ajayi
Elsie Enninful-Adu
BusinessHot News

Republic Bank Ghana appoints Elsie Enninful-Adu to board as non-executive director

Republic Bank Ghana appoints Elsie Enninful-Adu as non-executive director, strengthening its board with more than 30 years of financial expertise.

Feyisayo Ajayi Feyisayo Ajayi
Raya Holding Ostool deal
BusinessHot News

Egypt’s Raya Holdings sees profit slip below $15 million in H1 2026

Raya Holding’s H1 2026 profit fell 17.1% to $14.7 million despite a 21.6% revenue surge, as higher operating costs pressured…

Feyisayo Ajayi Feyisayo Ajayi
Koné Dossongui
BusinessHot News

Meet Koné Dossongui: Ivorian founder of Atlantic Group, pan-African empire across banking, industry, mining

Ivorian entrepreneur Koné Dossongui built Atlantic Group into a Pan-African empire spanning banking, industry, mining and strategic African assets.

Feyisayo Ajayi Feyisayo Ajayi
ODE
BusinessHot News

Egyptian billionaire Samih Sawiris’ ODE posts $63 million profit in H1 2026

Egyptian billionaire Samih Sawiris’ ODE posted $63 million profit in H1 2026, with revenue rising 28.5% on real estate and…

Feyisayo Ajayi Feyisayo Ajayi
Kabwe
BusinessHot News

Shuka Minerals discovers new zinc, copper and vanadium orebody at Zambia’s Kabwe mine

Shuka Minerals has discovered a new high-grade zinc, copper and vanadium orebody at Zambia’s Kabwe mine, adding to its resource…

Feyisayo Ajayi Feyisayo Ajayi
Standard bank Group and CEO Sim Tshabalala
Hot NewsBusiness

Standard Bank led by Sim Tshabalala posts $1.61 billion headline earnings in H1 2026

Standard Bank, led by Sim Tshabalala, posted record H1 2026 headline earnings of $1.61 billion, up 10% on stronger revenue…

Feyisayo Ajayi Feyisayo Ajayi
Jumia
TechnologyHot News

World Bank invests $25 million in Jumia to bolster Africa’s e-commerce growth

IFC proposes a $25 million equity investment in Jumia to accelerate e-commerce growth, strengthen digital infrastructure and support profitability.

Feyisayo Ajayi Feyisayo Ajayi
Inwi
Hot NewsTechnology

Inwi, telecom arm of Morocco’s Al Mada, partners with Huawei to improve transport-route coverage 

Inwi partners with Huawei to improve network coverage and service quality across Morocco’s major transport routes, including railways and highways.

Feyisayo Ajayi Feyisayo Ajayi
Desmond de Beer Lighthouse dividend
BusinessHot News

South African tycoon Des de Beer’s Resilient posts $124 million revenue in H1 2026

Resilient REIT, co-founded by South African tycoon Des de Beer, reported $124 million in revenue in H1 2026, up 3.4%…

Feyisayo Ajayi Feyisayo Ajayi
LuxuryBusinessHot News

Transcorp Hilton Abuja adds padel courts as hotel expands leisure offering

The addition of the courts comes as Transcorp Hilton Abuja continues to expand its leisure and events offering.

Omokolade Ajayi Omokolade Ajayi
Ex-Airtel Africa CEO Segun Ogunsanya
Hot NewsBusiness

Ex-Airtel Africa CEO Segun Ogunsanya takes Vodacom board seat from Phuthi Mahanyele-Dabengwa

The change will also affect the composition of Vodacom’s board committees.

Omokolade Ajayi Omokolade Ajayi
Impala Platinum Holdings Ltd
BusinessHot News

South Africa’s Implats expects earnings to surge as PGM prices lift revenue

The improvement was driven primarily by gains in precious and base metal prices during the year.

Omokolade Ajayi Omokolade Ajayi
Alex Karp, the chief executive officer of Palantir Technologies
BillionairesBusinessHot News

Alex Karp set to become first US Black billionaire worth $20 billion as Palantir shares surge

Karp owns about 2.5 percent of Palantir through a combination of Class A, Class B and Class F shares.

Omokolade Ajayi Omokolade Ajayi
Cygnum Capital
BusinessHot News

Cygnum Capital’s Sub-Saharan African project targets $300 million for off-grid power

Cygnum Capital targets $300 million to expand off-grid renewable energy financing across Sub-Saharan Africa, with IFC proposing $50 million.

Feyisayo Ajayi Feyisayo Ajayi
South African executive Khumo Shuenyane
BusinessHot News

South African executive Khumo Shuenyane to succeed Saki Macozoma as Vodacom chairman in 2027

Shuenyane will assume the chairmanship on July 21, 2027. The planned transition follows Vodacom’s self-imposed 10-year tenure for board members.

Omokolade Ajayi Omokolade Ajayi
Titan Fincap restructuring deal
BusinessHot News

South African billionaire Christo Wiese’s Shoprite sales hit $17 billion, opens 262 stores in one year

Shoprite sales reached $17 billion as Africa’s largest retailer added 262 stores and expanded digital commerce through Sixty60 in 2026.

Feyisayo Ajayi Feyisayo Ajayi
Northam credit boost renewable energy
BusinessHot News

South African PGM producer Northam Platinum posts $3.3 billion revenue in 2026

Northam Platinum reports record 2026 revenue of R54 billion, stronger PGM production, higher earnings and a 40% minimum dividend payout.

Feyisayo Ajayi Feyisayo Ajayi
Esther Koimett
BusinessHot News

Kenyan heiress Esther Koimett emerges as Middle East Bank’s largest shareholder with 17.48% stake

Esther Koimett inherited a 17.48% stake in Middle East Bank Kenya, becoming the lender’s largest disclosed individual shareholder.

Feyisayo Ajayi Feyisayo Ajayi
EntertainmentHot News

Wizkid, Rema, others land 2025 American Music Award nominations

Afrobeats stars Wizkid, Rema, Tems, Tyla and Asake earn 2025 AMA nods, highlighting the genre's global rise.

EntertainmentHot News

Wizkid’s ‘One Dance’ with Drake surpasses 3.3 billion Spotify streams

At a Glance Wizkid's collaboration with Drake on "One Dance" surpasses 3.3 billion Spotify streams, a first for an African artist. "One Dance" ranks as the 7th most streamed song on Spotify, breaking records with over 36 weeks on Billboard Hot 100. With nearly 10 million monthly Spotify listeners, Wizkid remains a dominant global force in the music industry. Afrobeats…

Vodacom executives
BusinessHot News

Vodacom executives sell 63,216 shares to cover tax obligations  

Vodacom executives sell shares worth 63,216 to cover tax obligations linked to vested share awards.

Timilehin Adejumobi Timilehin Adejumobi
Nigeria Oil and Gas
BusinessHot News

Nigeria’s oil regulator plans crude swap to support local refineries

Nigeria crude swap plan aims to boost refinery supply, cut costs and improve domestic crude deliveries under the NUPRC framework.

Timilehin Adejumobi Timilehin Adejumobi
Fawry acquisitions Egypt
BusinessHot News

Egyptian tech mogul Ashraf Sabry’s Fawry posts $32.3 million profit in H1 2026

Fawry posts a 28.9% rise in H1 2026 profit to $32.4 million, driven by revenue growth, digital adoption and expanding financial services.

Feyisayo Ajayi Feyisayo Ajayi
Benedicte Janine Kacou Diagou
BusinessHot News

Bénédicte Janine Kacou Diagou, Ivorian heiress helping steer NSIA, her father’s multibillion-dollar empire

Bénédicte Janine Kacou Diagou has helped build NSIA into a major African financial group while shaping the next generation of her family empire.

Feyisayo Ajayi Feyisayo Ajayi
Elsie Enninful-Adu
BusinessHot News

Republic Bank Ghana appoints Elsie Enninful-Adu to board as non-executive director

Republic Bank Ghana appoints Elsie Enninful-Adu as non-executive director, strengthening its board with more than 30 years of financial expertise.

Feyisayo Ajayi Feyisayo Ajayi
Transnet
BusinessHot News

Transnet seeks $2.2 billion from South Africa Treasury for projects through 2030 

Transnet seeks $2.2 billion funding from South Africa’s Treasury to upgrade rail and port infrastructure through 2030.

Timilehin Adejumobi Timilehin Adejumobi
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