Cauris Investment targets $100 million for Africa fintech lending fund

Cauris Investment targets $100 million for an African fintech lending fund as IFC proposes up to $7.5 million in debt…

Feyisayo Ajayi Feyisayo Ajayi

Sanlam Kenya moves life insurance business to parent as Santam buyout looms

Sanlam Kenya plans to transfer its life insurance business to its parent as the group restructures operations and pursues a…

Feyisayo Ajayi Feyisayo Ajayi

Harmony Gold appoints Alwyn Pretorius, James Boardman to board

Harmony Gold appoints Alwyn Pretorius and James Boardman as independent directors, strengthening governance and mining and financial expertise.

Feyisayo Ajayi Feyisayo Ajayi

Ghanaian investor Daniel Ofori’s CalBank posts $29 million profit in 9M 2026

Daniel Ofori-backed CalBank reports 50.6% profit growth in nine months of 2026, supported by higher banking income and lower funding…

Feyisayo Ajayi Feyisayo Ajayi

Hassan Allam’s Grova Developments inks $115 million Oman property deal

Hassan Allam Holding’s Grova Developments has signed $115 million in Oman residential projects with OMRAN Group at Madinat Al Irfan…

Feyisayo Ajayi Feyisayo Ajayi

Datatec to return $435 million in special dividend to shareholders

Datatec will return $435 million to shareholders through a special dividend, offering new shares or cash for fractional entitlements.

Feyisayo Ajayi Feyisayo Ajayi

Vunani Capital wins court battle over former shareholder’s 10.7% Mandlamart stake

Vunani Capital wins a High Court battle to retain a former shareholder’s 10.714% Mandlamart stake after his loan default.

Feyisayo Ajayi Feyisayo Ajayi

Billionaire Tony Elumelu’s Heirs Energies transformed OML 17. Can Seplat be next?

Elumelu’s entry into Seplat's boardroom is designed to address pressure points without taking on speculative greenfield risks.

Omokolade Ajayi Omokolade Ajayi

IFC proposes $35 million loan to WIOCC to expand broadband infrastructure across Africa

IFC proposes a $35 million loan to WIOCC to expand fiber networks, subsea cable capacity and data centers across Africa,…

Feyisayo Ajayi Feyisayo Ajayi

Dis-Chem CEO Rui Morais says unwritten acts of care define staff well-being

A colleague noticing someone having a rough week and choosing to speak up instead of walking past represents unmeasured value,…

Omokolade Ajayi Omokolade Ajayi

Abdul Samad Rabiu’s BUA Foods plans new noodle, oil lines after $215 million half-year profit

BUA Foods, controlled by billionaire Abdul Samad Rabiu, posts a $215 million first-half profit and announces plans for new noodle and edible oil lines.

How Morocco cut Casablanca Port delays in half to protect African food imports

Morocco cuts Casablanca Port delays in half, streamlining cereal and livestock feed imports to protect regional food security amid rising trade.

Discovery Health secures SCA ruling against RAF over medical expense claims 

Discovery Health wins an SCA ruling blocking RAF deductions for medical expenses already covered by medical aid schemes.

Timilehin Adejumobi Timilehin Adejumobi

Cauris Investment targets $100 million for Africa fintech lending fund

Cauris Investment targets $100 million for an African fintech lending fund as IFC proposes up to $7.5 million in debt financing.

Feyisayo Ajayi Feyisayo Ajayi

Tope Lawani’s Helios targets Africa’s $20 billion sports and entertainment market

Tope Lawani’s Helios sports investments target Africa’s projected $20 billion sports economy by 2035 through talent, events and infrastructure.

Timilehin Adejumobi Timilehin Adejumobi

Kasbah Tamadot Blends Luxury and Berber Culture in Morocco’s Atlas Mountains

Richard Branson’s Kasbah Tamadot pairs Atlas Mountain luxury with private pool suites, Berber culture, Moroccan cuisine and wellness experiences.

Oluwatosin Alao Oluwatosin Alao

EU pledges $56 million to boost Uganda’s tourism and conservation

EU commits $56 million to Uganda tourism and conservation as both sides pursue trade, investment and higher-value exports.

Timilehin Adejumobi Timilehin Adejumobi

Newlyn’s $39 million Logistics Park in Gqeberha nears completion  

Newlyn logistics park in Gqeberha nears completion, with a $39 million investment set to expand South Africa’s industrial capacity.

Timilehin Adejumobi Timilehin Adejumobi

Johann Rupert’s Richemont eyes stake in De Beers takeover

De Beers' $2.3 billion valuation draws interest from Johann Rupert's Richemont and Signet as African diamond producers seek bigger stakes.

Oluwatosin Alao Oluwatosin Alao

Billionaire Tony Elumelu’s Heirs Energies transformed OML 17. Can Seplat be next?

Tony Elumelu’s Heirs Energies transformed OML 17. Can his incoming Seplat Energy chairmanship unlock billions in value and improve oil production?

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Tony Elumelu urges investors in Paris to fund Africa’s future

Tony Elumelu challenges global financiers in Paris to invest directly in young African founders, moving past foreign aid into real enterprise.

Omokolade Ajayi Omokolade Ajayi