Pivot Integrated Energy Services Limited (Pivot), a leading indigenous integrated downstream energy company.
CompaniesBusinessHot News

Pivot Energy redeems N8.25 billion commercial paper ahead of maturity, reinforcing investor confidence

The move marks the downstream energy company's first repayment since entering Nigeria's debt capital market.

Editorial Team Editorial Team
Caxton interim results 2025
BusinessCompaniesHot NewsLatest

Terrence Moolman’s Caxton takes stake worth $6 million in Transpaco as chairman exits

Terrence Moolman's Caxton, acquires more than 8% stake in Transpaco worth $6.21 million as chairman Derek Thomas offloads his 5.79%…

Feyisayo Ajayi Feyisayo Ajayi
Derek John Jefferson Thomas
BusinessExecutivesHot News

Transpaco chair Derek Thomas offloads entire $4.5 million stake in South African packaging firm

Transpaco chairman Derek Thomas has sold his entire indirect 5.79% stake in the South African packaging company for $4.5 million.

Feyisayo Ajayi Feyisayo Ajayi
Vivek Agrawal
BusinessExecutivesHot News

Discovery appoints Principal Financial Group executive Vivek Agrawal to board

Discovery has appointed Principal Financial Group executive Vivek Agrawal as an independent director, adding international financial services expertise.

Feyisayo Ajayi Feyisayo Ajayi
South African business leader Mteto Nyati
BusinessHot News

Eskom Chair Mteto Nyati pledges to curb South Africa’s steep tariff hikes

Eskom chairperson Mteto Nyati said the utility has finished the initial phase of its operational recovery and entered a new…

Omokolade Ajayi Omokolade Ajayi
Zain Latif
InvestmentsBusinessHot News

Zain Latif’s TLG Capital pumps $65 million into 16 Nigerian SMEs in 2 years

The aggressive balance-sheet deployment reached its latest milestone after closing a structured credit facility for Koolboks.

Omokolade Ajayi Omokolade Ajayi
Standard Bank Office
BusinessBankingHot NewsLatest

Standard Bank wins court battle to sell Roodekrans home over debt

Standard Bank wins court approval to sell a Roodekrans home after borrowers fail to overturn foreclosure over a R3.71 million…

Feyisayo Ajayi Feyisayo Ajayi
Juan Cazcarra, Jubilee Holdings incoming Group CEO.
ExecutivesBusiness

Jubilee names Juan Cazcarra CEO as Julius Kipng’etich retires    

Cazcarra, currently deputy group CEO, will assume the position Dec. 1, 2026, following Kipng'etich's retirement on Nov. 30.

Timilehin Adejumobi Timilehin Adejumobi
Africa’s first Black billionaire Patrice Motsepe.
BankingBusinessCompaniesHot News

Billionaire Patrice Motsepe-backed GoTyme Bank targets 30 million customers by 2036

GoTyme is leaning heavily on an alliance with Sanlam, the continent’s largest insurer, to mount its retail challenge.

Omokolade Ajayi Omokolade Ajayi
Muhammad Paruk
BusinessExecutivesHot News

Attacq taps veteran dealmaker Muhammad Paruk to steer $2 billion asset target

His appointment gives Attacq a seasoned operator with deep institutional relationships.

Omokolade Ajayi Omokolade Ajayi
Coca-Cola headquarters.
BusinessHot News

Coca-Cola expands South African operations with $1 billion investment plan

Coca-Cola invests $1 billion to modernize operations and boost distribution in South Africa’s consumer market.

Mabani Jabali Towers' signing
BusinessHot News

Saudi’s Mabani buys into Kenya’s Jabali Towers in first property deal 

Mabani Aljazeera Jabali Towers Kenya deal marks Saudi firm’s entry into Nairobi real estate via Tatu City project stake purchase.

Pivot Integrated Energy Services Limited (Pivot), a leading indigenous integrated downstream energy company.
CompaniesBusinessHot News

Pivot Energy redeems N8.25 billion commercial paper ahead of maturity, reinforcing investor confidence

Pivot Energy settled its N8.25 billion commercial paper ahead of maturity, reinforcing investor confidence and proving balance sheet discipline as it expands operations.

Editorial Team Editorial Team
Caxton interim results 2025
BusinessCompaniesHot NewsLatest

Terrence Moolman’s Caxton takes stake worth $6 million in Transpaco as chairman exits

Terrence Moolman's Caxton, acquires more than 8% stake in Transpaco worth $6.21 million as chairman Derek Thomas offloads his 5.79% stake.

Feyisayo Ajayi Feyisayo Ajayi
Derek John Jefferson Thomas
BusinessExecutivesHot News

Transpaco chair Derek Thomas offloads entire $4.5 million stake in South African packaging firm

Transpaco chairman Derek Thomas has sold his entire indirect 5.79% stake in the South African packaging company for $4.5 million.

Feyisayo Ajayi Feyisayo Ajayi
Turpaz Industries
BusinessCompaniesHot NewsLuxury

Israel’s Turpaz Industries enters South Africa’s fragrance market with $10.6 million acquisition

Israel’s Turpaz Industries acquires a 70% stake in South Africa’s Sensory FX for $10.6 million, expanding its African fragrance business.

Feyisayo Ajayi Feyisayo Ajayi
Cape Town’s Table View beachfront upgrade
TourismGlobal News

Cape Town’s Table View beachfront upgrade nears festive-season completion

Cape Town’s Table View is getting a $5.2 million beachfront upgrade, with improved beach access and facilities ahead of the 2026 festive season.

Oluwatosin Alao Oluwatosin Alao
Hilton
HospitalityBusinessTourism

Hilton makes Guinea debut with new DoubleTree Hotel in Conakry 

Hilton brings its DoubleTree brand to Guinea with a 196-room Conakry hotel, marking a new step in its West African expansion.

Timilehin Adejumobi Timilehin Adejumobi
ARM's non-executive chairman, Patrice Motsepe.
BusinessBillionairesHot NewsLatestMining

Patrice Motsepe’s ARM faces fresh delay in bid to liquidate 2 South African mining firms

Patrice Motsepe’s ARM faces another court delay in its bid to liquidate two South African mining firms over creditor opposition.

Feyisayo Ajayi Feyisayo Ajayi
Femi Otedola
BusinessBankingBillionairesHot NewsLatest

Femi Otedola’s First HoldCo stake slips to $1 billion, shedding $328 million in 3 days

Femi Otedola’s First HoldCo stake slips to $1.07 billion after a 23% share price decline wipes $328 million off its value in three days.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s richest person Aliko Dangote
BusinessBillionairesEnergyHot NewsLatest

Aliko Dangote’s $327 million investment boosts Kenya Pipeline Company’s value by $834 million

Kenya Pipeline Company gains $834 million in market value after Aliko Dangote acquires a 24.76% stake, driving shares to record highs.

Feyisayo Ajayi Feyisayo Ajayi