IFC Atlas Tower Kenya financing
Hot NewsTechnology

IFC backs Atlas Tower Kenya’s expansion with $30 million debt proposal

IFC weighs $30 million debt for Atlas Tower Kenya to expand telecom infrastructure and deploy green energy across underserved regions.

Feyisayo Ajayi Feyisayo Ajayi
Senegal maize productivity project
BusinessHot News

Tolbi secures IFC support to improve Senegal maize yields

IFC backs $600,000 advisory project to boost Senegal’s maize productivity, supporting AgTech firm Tolbi and strengthening food security.

Feyisayo Ajayi Feyisayo Ajayi
Malawi Stock Exchange profitable companies
BusinessHot News

Malawi’s 10 most profitable listed companies in 2025

Malawi Stock Exchange firms post $523.8 million profit in 2025, led by banks, telecoms, and Illovo Sugar’s strong earnings growth.

Feyisayo Ajayi Feyisayo Ajayi
UBA Group partnership
BusinessGlobal NewsHot News

UBA Group, BII partner to unlock trade finance across Africa

UBA, BII join to expand trade finance across Africa, bridging $80 billion gap and boosting SMEs via AfCFTA opportunities.

Feyisayo Ajayi Feyisayo Ajayi
Riyadh airport logistics upgrade
BusinessHot News

Elsewedy Electric’s Rowad begins major logistics upgrade at Riyadh airport

Elsewedy Electric’s Rowad begins major Riyadh airport upgrade, boosting cargo capacity and advancing Saudi Arabia’s logistics ambitions.

Feyisayo Ajayi Feyisayo Ajayi
IFC advisory program Namibia
BusinessHot News

Namibia’s investment agency gets IFC advisory program funding  to unlock private capital

IFC funds Namibia advisory program to boost private investment and develop bankable projects across key sectors.

Feyisayo Ajayi Feyisayo Ajayi
Co-op Bank Kenya dividend
BusinessHot News

Kenyan tycoon Gideon Muriuki set for $2.3 million Co-op Bank Kenya dividend

Kenyan tycoon Gideon Muriuki set for $2.3 million dividend as Co-op Bank Kenya posts stronger earnings, higher profits, and expanded…

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Zenith Bank hits $3.3 billion market cap under Adaora Umeoji as Nigeria’s most valuable bank

Since the start of the year, Zenith Bank’s stock has risen sharply, climbing from N61.8 ($0.046) on Jan. 1 to…

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

South Africa’s Exxaro reports $461 million earnings in 2025 as coal drives growth

Revenue also moved higher, rising 3 percent to R41.77 billion ($2.5 billion) from R40.73 billion ($2.43 billion).

Omokolade Ajayi Omokolade Ajayi
IFC Kenya2Equal gender inclusion Kenya
BusinessHot News

IFC Kenya2Equal initiative targets gender gaps in Kenya’s private sector

IFC launches Kenya2Equal, a three-year initiative to close gender gaps and boost women’s participation in Kenya’s private sector.

Feyisayo Ajayi Feyisayo Ajayi
IFC $200 million Bank of Georgia MSME financing
Global NewsHot News

IFC eyes $200 million financing for Bank of Georgia to expand MSME lending

IFC considers $200 million financing for Bank of Georgia to expand MSME lending, boost financial inclusion, and support rural enterprise…

Feyisayo Ajayi Feyisayo Ajayi
Musbahu Bashir companies
BillionairesBusinessHot News

10 companies owned by Nigerian businessman, Musbahu Mohammed Bashir

Musbahu Bashir built a diversified empire across telecom, finance, energy and real estate, shaping Nigeria’s economy quietly.

Feyisayo Ajayi Feyisayo Ajayi
Equity Group 2025 profit
BusinessHot News

Kenya banker James Mwangi leads Equity Group to $555.4 million profit in 2025

Kenya’s Equity Group reports $555.4 million profit in 2025, driven by regional diversification and strong income growth.

Feyisayo Ajayi Feyisayo Ajayi
Sa’adat Hamza Mohammed Jaiz Bank stake
BusinessHot News

Nigerian banker and lawyer Sa’adat Mohammed’s Jaiz Bank stake tops $30 million

Sa’adat Hamza Mohammed’s Jaiz Bank stake tops $30 million after a sharp rally in shares on Nigeria’s stock exchange

Feyisayo Ajayi Feyisayo Ajayi
Co-op Bank dividend 2025
BusinessHot News

Kenyan tycoon Gideon Muriuki-led Co-op Bank to distribute $113 million dividend

Co-op Bank plans $113 million dividend after 2025 profit growth, reinforcing investor confidence and strong balance sheet expansion.

Feyisayo Ajayi Feyisayo Ajayi
Top 15 listed hotel brands Africa
Hot NewsLuxury

15 most valuable publicly listed hotel brands in Africa

Africa’s 15 most valuable listed hotel brands drive tourism, business travel, and investor exposure across the continent.

Feyisayo Ajayi Feyisayo Ajayi
Co-op Bank dividend 2025
BusinessHot News

Co-op Bank shatters records with $230 million profit under Gideon Muriuki

Co-op Bank posts record $310.98 million profit as income rises, efficiency improves and dividend payout jumps sharply in 2025.

Feyisayo Ajayi Feyisayo Ajayi
BusinessExclusiveHot News

Nigeria’s Zedvance targets $185 million in business loans by 2026

The target follows strong growth in the firm’s Commercial Solutions unit, which has already disbursed more than N96 billion ($71…

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Novus Holdings asset disposal
BusinessHot News

South Africa’s Novus Holdings sells KwaZulu-Natal property assets in $5.4 million disposal

Novus Holdings sells KwaZulu-Natal assets for $5.4 million, exiting non-core properties to refocus capital on core operations.

Feyisayo Ajayi Feyisayo Ajayi
Clive Calder net worth 2026
BillionairesHot News

South African-British billionaire Clive Calder loses $170 million in 2026

Clive Calder’s net worth falls $170 million in 2026, driven by weaker asset valuations, though he remains among the world’s…

Feyisayo Ajayi Feyisayo Ajayi
Kenya tallest towers Nairobi
Hot NewsLuxury

Kenya’s 10 tallest towers redefining Nairobi’s skyline

Kenya’s 10 tallest towers reshape Nairobi’s skyline, signaling economic growth, foreign investment and modern urban ambition.

LIMALIMO LODGE
LuxuryTourism

10 wellness and spa retreats in the Ethiopian highlands

Wellness travel rises in Ethiopia’s highlands with eco-luxury spas and cultural healing.

Aliko Dangote, president of Dangote Group
BusinessHot News

Africa turns to Aliko Dangote’s $20 billion refinery as Middle East crisis deepens

Africa turns to Aliko Dangote’s 20 billion refinery as fuel risks rise amid Middle East tensions, with countries seeking more reliable supply options.

Omokolade Ajayi Omokolade Ajayi
Senegal maize productivity project
BusinessHot News

Tolbi secures IFC support to improve Senegal maize yields

IFC backs $600,000 advisory project to boost Senegal’s maize productivity, supporting AgTech firm Tolbi and strengthening food security.

Feyisayo Ajayi Feyisayo Ajayi
Malawi Stock Exchange profitable companies
BusinessHot News

Malawi’s 10 most profitable listed companies in 2025

Malawi Stock Exchange firms post $523.8 million profit in 2025, led by banks, telecoms, and Illovo Sugar’s strong earnings growth.

Feyisayo Ajayi Feyisayo Ajayi
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