Shoprite legacy meets luxury tourism at Adrian Basson’s new safari lodge

Hungry Lion CEO Adrian Basson opens Tsholo Safari Lodge, a luxury South African retreat offering Big Five safaris, fine dining…

Oluwatosin Alao Oluwatosin Alao

Egypt’s MNT-Halan attracts $150 million in IPO as shares begin trading

Egypt’s MNT-Halan raises $150 million in its IPO as shares begin trading on the Egyptian Exchange amid strong institutional and…

Feyisayo Ajayi Feyisayo Ajayi

Kenyan entrepreneur Isaac Macharia’s Miale Solar gets $5.6 million to expand East Africa pipeline

Kenyan entrepreneur Isaac Macharia’s Miale Solar secures $5.6 million in financing to deploy 9 MW of solar power and battery…

Feyisayo Ajayi Feyisayo Ajayi

Discovery CFO Deon Viljoen earns $1.8 million in 2026 pay

Viljoen’s remuneration included a base salary of R7.45 million (452,042) and a short-time incentive of R10.53 million ($639,397).

Timilehin Adejumobi Timilehin Adejumobi

Burkinabè financier Simon Tiemtoré expands into Europe with $56 million Vista Bank launch

Vista Group launches Vista Bank France with $56 million in capital, expanding cross-border banking, trade finance and payment services between…

Feyisayo Ajayi Feyisayo Ajayi

Kumba Iron Ore sales rise despite Sishen shutdown as $682 million project advances

Kumba Iron Ore sales rose 3% to 10 million tonnes as a $682 million Sishen project advanced despite a 19%…

Feyisayo Ajayi Feyisayo Ajayi

Remgro’s Sonja de Bruyn to retire from audit and risk committee by end of November

Remgro’s Sonja de Bruyn will leave its Audit and Risk Committee on Nov. 30, 2026, while remaining deputy chairman and…

Feyisayo Ajayi Feyisayo Ajayi

Kuwait’s IFA Hotels plans $61 million South African property rollout

Kuwait’s IFA Hotels plans a $61 million South African property rollout over five years, starting with 146 luxury homes at…

Feyisayo Ajayi Feyisayo Ajayi

Namibia’s Capricorn Group seeks approval for Centrafin control change

Namibia’s Capricorn Group seeks noteholder approval for its planned Centrafin acquisition, with a Nov. 16 deadline to avoid debt servicing…

Feyisayo Ajayi Feyisayo Ajayi

Nedbank’s $856 million NCBA takeover becomes unconditional

Nedbank’s $856 million takeover of Kenya’s NCBA Group has become unconditional, paving the way for settlement and completion in November…

Feyisayo Ajayi Feyisayo Ajayi

15 African DJs changing the sound of global nightlife

African DJs take Amapiano, Afro-house and gqom from local clubs to global stages.

ER Group’s Rogers Capital expands to Uganda with new premium office project

ER Group’s Rogers Capital, via Oficea, is entering Uganda’s office market, expanding premium workspace options in East Africa.

Egypt’s MNT-Halan attracts $150 million in IPO as shares begin trading

Egypt’s MNT-Halan raises $150 million in its IPO as shares begin trading on the Egyptian Exchange amid strong institutional and retail demand.

Feyisayo Ajayi Feyisayo Ajayi

$566 million deal advances Egypt’s push for large-scale solar power

Nefer Minya Solar Project secures up to $566 million in financing for Egypt’s planned 1.2-GW solar plant and battery storage system.

Timilehin Adejumobi Timilehin Adejumobi

Shree Property Holdings commits $122 million to KwaZulu-Natal growth

Shree Property Holdings investment commits $122 million to KwaZulu-Natal industrial property, warehouses and logistics facilities.

Timilehin Adejumobi Timilehin Adejumobi

Shoprite legacy meets luxury tourism at Adrian Basson’s new safari lodge

Hungry Lion CEO Adrian Basson opens Tsholo Safari Lodge, a luxury South African retreat offering Big Five safaris, fine dining and spa experiences.

Oluwatosin Alao Oluwatosin Alao

Kuwait’s IFA Hotels plans $61 million South African property rollout

Kuwait’s IFA Hotels plans a $61 million South African property rollout over five years, starting with 146 luxury homes at Zimbali Lakes.

Feyisayo Ajayi Feyisayo Ajayi

Durban plans $115 million superyacht Marina to attract luxury tourism to Africa

Durban is planning a $115.6 million superyacht marina targeting 2,500 jobs and luxury tourism spending, with visits expected from 2028.

Oluwatosin Alao Oluwatosin Alao

After New York and Paris talks, Nigerian billionaire Tony Elumelu leads $15 billion West Africa infrastructure push

Tony Elumelu leads a $15 billion West Africa infrastructure push as investors target power, transport, trade and digital networks.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote’s refinery draws investors across Africa

Africa’s richest man Aliko Dangote attracts investors from 51 African countries as his refinery reports $4.7 billion in nine-month profit.

Oluwatosin Alao Oluwatosin Alao

Nigerian auto magnate Michael Ade-Ojo’s stake in Custodian drops to $60 million

Michael Ade-Ojo's Custodian stake falls to $60 million as shares retreat, despite stronger revenue and profit in H1 2026.

Timilehin Adejumobi Timilehin Adejumobi