Jacqueline Karasha
BusinessExecutivesHot News

Sanlam Kenya names Jacqueline Karasha CEO as life insurance arm moves to parent

Sanlam Kenya names Jacqueline Karasha CEO from November 1 as it consolidates life insurance operations under its listed parent company.

Feyisayo Ajayi Feyisayo Ajayi
John Alamu's Johnvents
BusinessEntrepreneursHot News

IFC lines up $72 million for John Alamu’s Johnvents agribusiness expansion

IFC proposes $72 million in financing for John Alamu’s Johnvents to expand sesame and cashew processing and logistics in Nigeria…

Feyisayo Ajayi Feyisayo Ajayi
Ghanaian-British entrepreneur Basil David Anthony
BusinessEntrepreneursHot News

Ghanaian-British entrepreneur Basil Anthony expands Modern Floors & Walls into Kenya

Ghanaian-British entrepreneur Basil Anthony expands Modern Floors & Walls into Kenya, targeting East Africa’s interior-finishing and construction markets.

Feyisayo Ajayi Feyisayo Ajayi
BusinessBillionairesHospitality

Filipino billionaire Tony Tan Caktiong takes Hotel101 to Africa with $100 million Cairo project    

Filipino billionaire Tony Tan Caktiong backs Hotel101’s $100 million Cairo project as the hotel brand expands into Africa.

Timilehin Adejumobi Timilehin Adejumobi
ReconAfrica Namibia oil test results
Hot NewsBusinessEnergy

ReconAfrica resumes Kavango West drilling in Namibia after raising $16 million

ReconAfrica has resumed drilling at its Kavango West well in Namibia after raising $16 million, with horizontal flow testing expected…

Feyisayo Ajayi Feyisayo Ajayi
Stella Okoli
BusinessEntrepreneursHot News

Nigerian pharma tycoon Stella Okoli steps back from Emzor after nearly 50 years

Stella Okoli steps back from Emzor’s daily management after nearly 50 years, with Uzoma Ezeoke taking over as managing director.

Feyisayo Ajayi Feyisayo Ajayi
ArcelorMittal South Africa (ArcelorMittal SA)
BusinessCompaniesHot News

IDC launches bold $607 million steel buyout to save factory heartland

The planned takeover hands the state-backed IDC direct control of South Africa’s largest industrial backbone.

Omokolade Ajayi Omokolade Ajayi
Nigerian investor Tope Lawani
BusinessCompaniesHot News

Nigerian investor Tope Lawani’s Helios buys 49% of Mozambican food giant Merec

Helios Investment Partners, co-founded by Tope Lawani, has acquired a 49 percent stake in Mozambican food miller Merec Industries to…

Omokolade Ajayi Omokolade Ajayi
Societe Generale Ghana
BusinessBankingHot News

Societe Generale Ghana’s profit falls to $13 million

Societe Generale Ghana’s nine-month profit fell 56.4% to $12.92 million as lower interest income and higher impairment charges weighed on…

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
EnergyBusinessHot News

Dangote commits $1.5B to Kenya oil network after KPC stake deal worth $315 million

The Nigerian billionaire revealed the expansion plan during the FT Africa Summit in London, noting the project will stretch KPC’s…

Omokolade Ajayi Omokolade Ajayi
Hotel Sky Cape Town Self Check-In
LuxuryTourism

Hotel Sky Cape Town: Africa’s smartest luxury hotel experience

Hotel Sky Cape Town fuses automation, skyline views, and affordability in a bold shift for Africa’s urban hospitality sector.

Capitec Bank HQ
BusinessHot News

Capitec overtakes FirstRand as Africa’s most valuable bank at $34.5 billion

Capitec overtakes FirstRand as Africa’s most valuable bank, reaching a $34.5 billion market capitalization after stronger earnings and share gains.

Jacqueline Karasha
BusinessExecutivesHot News

Sanlam Kenya names Jacqueline Karasha CEO as life insurance arm moves to parent

Sanlam Kenya names Jacqueline Karasha CEO from November 1 as it consolidates life insurance operations under its listed parent company.

Feyisayo Ajayi Feyisayo Ajayi
African Development Bank
BusinessBanking

African Development Bank commits $44.8 million to boost Cameroon’s businesses

Cameroon SMEs gain targeted trade finance support under the African Development Bank’s $44.8 million deal with AFG Bank Cameroon.

Oluwatosin Alao Oluwatosin Alao
John Alamu's Johnvents
BusinessEntrepreneursHot News

IFC lines up $72 million for John Alamu’s Johnvents agribusiness expansion

IFC proposes $72 million in financing for John Alamu’s Johnvents to expand sesame and cashew processing and logistics in Nigeria and Côte d’Ivoire.

Feyisayo Ajayi Feyisayo Ajayi
BusinessBillionairesHospitality

Filipino billionaire Tony Tan Caktiong takes Hotel101 to Africa with $100 million Cairo project    

Filipino billionaire Tony Tan Caktiong backs Hotel101’s $100 million Cairo project as the hotel brand expands into Africa.

Timilehin Adejumobi Timilehin Adejumobi
Eswatini's Mlilwane Sanctuary Valley Entrance
TourismTravels

Eswatini tourism arrivals rise 9.7% to 868,352 in first nine months of 2026   

Eswatini tourism arrivals rose 9.7% to 868,352 in the first nine months of 2026, led by stronger demand from regional markets.

Timilehin Adejumobi Timilehin Adejumobi
Durban beachfront amusement park
TourismBusiness

Durban’s $59 million beachfront amusement park clears key funding hurdle

Durban’s $59.8 million beachfront amusement park has secured development funding approval, with construction planning expected to continue into 2027.

Oluwatosin Alao Oluwatosin Alao
BusinessBillionairesHospitality

Filipino billionaire Tony Tan Caktiong takes Hotel101 to Africa with $100 million Cairo project    

Filipino billionaire Tony Tan Caktiong backs Hotel101’s $100 million Cairo project as the hotel brand expands into Africa.

Timilehin Adejumobi Timilehin Adejumobi
Egyptian billionaire Hisham Talaat Moustafa
BillionairesBusinessHot News

Egyptian billionaire Hisham Talaat Moustafa seals $202B mega-deal to build cities

Hisham Talaat Moustafa’s TMG has secured a historic EGP11 trillion ($202.3 billion) state deal to develop four mixed-use megaprojects across Egypt.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
BillionairesBusinessHot News

Nigerian billionaire Aliko Dangote takes stake worth $315 million in Kenya Pipeline Company

Nigerian billionaire Aliko Dangote buys a 25 percent stake worth over $315 million in Kenya Pipeline Company to expand East African energy assets.

Omokolade Ajayi Omokolade Ajayi