Mauritian telecom Emtel
TechnologyBusinessHot News

Mauritian telecom Emtel nine-month profit hits $10.4 million on data demand

The Port Louis-based telecom operator saw gross revenue climb 8.8 percent to MUR3.23 billion ($68.84 million) through September.

Omokolade Ajayi Omokolade Ajayi
Mauritian conglomerate Medine
BusinessCompaniesHot News

Mauritian conglomerate Medine tops $4 million Q1 profit as sugar, safaris surge

The performance marked a noticeable shift from property speculation toward productive operations across the island nation's western coastal region.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
MarketsBusinessHot News

Nigerian billionaire Aliko Dangote halts $1B London listing of Dangote Cement

Dangote Industries Limited, which holds an 86.65 percent stake in the building-materials giant, confirmed the abrupt reversal.

Omokolade Ajayi Omokolade Ajayi
Sylvia Inkoom
BusinessExecutivesHot NewsLatest

First National Bank Ghana CEO Sylvia Inkoom joins Ghana Fixed Income Market Committee

First National Bank Ghana CEO Sylvia Inkoom joins the Ghana Stock Exchange’s fixed-income committee, bringing over 20 years of banking…

Feyisayo Ajayi Feyisayo Ajayi
QatarEnergy
BusinessEnergy

QatarEnergy expands Namibia oil interests with new 25% stake deal

QatarEnergy is expanding its Namibia oil interests with a 25% stake in PEL82, bringing its offshore exploration portfolio to four…

Oluwatosin Alao Oluwatosin Alao
South African businessman Sachin Ahuja
BusinessCompaniesHot NewsLatest

South African court orders Sachin Ahuja’s property firm to demolish illegal showers

A South African high court in Johannesburg has ordered Sachin Ahuja’s Alfeco Property Investments to demolish illegal showers at its…

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire businessman Tony Elumelu
BillionairesBusinessHot News

Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Addressing thousands of executives, the Heirs Holdings chairman, framed women’s participation as a balance-sheet necessity rather than an ethical courtesy.

Omokolade Ajayi Omokolade Ajayi
Andreas von Paleske
BusinessCompaniesHot News

Andreas von Paleske powers Kenya’s Naivas to $26 million profit milestone

Revenue from customer contracts gained 11.1 percent to hit MUR44.74 billion ($953.59 million).

Omokolade Ajayi Omokolade Ajayi
Equity Group
BusinessBankingHot News

Equity Group raises spending on women-owned businesses by 303% to $70 million

Equity Group increased spending on women-owned businesses by 303% to $28.63 million in 2025, expanding support for entrepreneurs and local…

Feyisayo Ajayi Feyisayo Ajayi
Manhattan fashion house Tory Burch
LifestyleBusinessHot News

Swiss chocolatier Lindt opens new store in South Africa as African retail expands

The Eastern Cape opening builds directly on the group's regional retail rollout across South Africa.

Omokolade Ajayi Omokolade Ajayi
Rafiki Microfinance tax dispute Kenya
BusinessHot News

Kenya’s Rafiki Microfinance Bank founded by Daniel Mavindu loses $1.6 million tax case

Rafiki Microfinance loses tax appeal as tribunal upholds $1.6 million assessment on suspended interest, backing Kenya Revenue Authority.

Madikwe Game Reserve has introduced new entry measures aimed at limiting the risk of Foot and Mouth Disease (FMD)
TourismBusiness

Madikwe Game Reserve introduces FMD safety measures

Madikwe Game Reserve has introduced new entry measures aimed at limiting the risk of Foot and Mouth Disease (FMD) spreading to livestock and wildlife in the region. The steps follow broader concerns about outbreaks affecting parts of South Africa’s farming sector.  The reserve’s management, working with the North West Parks and Tourism Board, said the measures are designed to protect…

Mauritian telecom Emtel
TechnologyBusinessHot News

Mauritian telecom Emtel nine-month profit hits $10.4 million on data demand

Emtel’s nine-month profit surged to $10.4 million as data demand rose and network outlays fell, supporting a steady dividend payout.

Omokolade Ajayi Omokolade Ajayi
Vodacom Group
TechnologyBusiness

Vodacom seeks partners for AI data center expansion in Africa    

Vodacom seeks partners to expand AI data centers across Africa as demand for computing power and cloud services grows.

Timilehin Adejumobi Timilehin Adejumobi
MTN Group logo, representing the pan-African telecom operator.
TechnologyBusinessHot News

MTN Group service revenue climbs to $10.75 billion as data, fintech drive nine-month growth

MTN Group posts $10.75 billion in nine-month service revenue as data demand and fintech expansion drive strong constant-currency earnings.

Omokolade Ajayi Omokolade Ajayi
Manhattan fashion house Tory Burch
LifestyleBusinessHot News

Swiss chocolatier Lindt opens new store in South Africa as African retail expands

Swiss confectioner Lindt expands its direct-to-consumer footprint across South Africa with a new retail boutique at Gqeberha’s Boardwalk Mall.

Omokolade Ajayi Omokolade Ajayi
Manhattan fashion house Tory Burch
LifestyleHot NewsLuxury

US luxury brand Tory Burch opens first South African store

Tory Burch opens its first South African boutique at Cape Town's V&A Waterfront, expanding its global luxury footprint into sub-Saharan Africa.

Omokolade Ajayi Omokolade Ajayi
Valterra Platinum
BusinessLuxury

Valterra Platinum builds South Africa’s skills for global jewellery market

South Africa's PlatAfrica competition showcases emerging jewellery designers and strengthens local platinum craftsmanship for global markets.

Oluwatosin Alao Oluwatosin Alao
Nigerian billionaire businessman Tony Elumelu
BillionairesBusinessHot News

Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Tony Elumelu urges African companies to appoint more women to leadership roles, citing their impact on business growth and investment returns.

Omokolade Ajayi Omokolade Ajayi
Nvidia CEO Jensen Huang
BillionairesHot NewsTechnology

Nvidia CEO Jensen Huang loses $6.47B amid probe into alleged China spy links

Jensen Huang lost $6.47 billion as Nvidia shares fell 4.27%, pushing his fortune below $150 billion amid a China spy probe.

Omokolade Ajayi Omokolade Ajayi
BillionairesHot NewsMarkets

Femi Otedola loses $400 million as First HoldCo shares fall by a third

Femi Otedola loses $400 million as First HoldCo shares fall by a third, reducing his net worth from $2.1 billion to $1.7 billion.

Omokolade Ajayi Omokolade Ajayi