Benson Ndeta bank fraud
BusinessHot News

Kenyan cement tycoon Benson Ndeta faces arrest over $34.8 million Absa Bank fraud

Kenyan cement executive Benson Ndeta faces arrest after court warrant over alleged $34.8 million Absa Bank Kenya fraud scheme.

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Nairobi CBD property sale
BusinessHot News

Jubilee Holdings to sell Nairobi CBD office for $15.5 million

Jubilee Holdings to sell Nairobi CBD office for $15.5 million, moving operations to modern Upper Hill headquarters.

Feyisayo Ajayi Feyisayo Ajayi
Proparco Rawbank SME financing
BusinessHot News

Proparco grants Rawbank $50 million loan to expand SME financing in DR Congo

Proparco grants Rawbank $50 million loan under IFC-led $265 million package to expand SME lending, boost private sector growth and…

Feyisayo Ajayi Feyisayo Ajayi
Youngest African billionaires
ExclusiveHot News

10 youngest African billionaires

Africa’s 10 youngest billionaires built empires in telecom, cement, energy and real estate, shaping industries and expanding influence across global…

Feyisayo Ajayi Feyisayo Ajayi
LuxuryTourism

Iran strikes shake Dubai’s safe-haven status as wealthy residents weigh exit

Iran strikes hit Dubai, prompting some wealthy residents and investors to reassess safety and luxury real estate plans.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

South African billionaire Patrice Motsepe’s net worth drops below $4 billion

The drop follows a recent slide in the shares of mining companies tied to Motsepe’s portfolio.

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African tech unicorns
Hot NewsTechnology

10 most valuable African tech unicorns

Africa’s tech ecosystem has produced billion-dollar startups solving payments, talent, and logistics gaps while attracting global investors.

Feyisayo Ajayi Feyisayo Ajayi
Raya Holding profit 2025
BusinessHot News

Egypt’s Raya Holdings sees profit slip to $6.5 million in 2025

Raya Holding profit slips to $6.5 million in 2025 despite revenue growth, as Egypt’s outsourcing giant expands global BPO operations.

Feyisayo Ajayi Feyisayo Ajayi
Reinet's $3.9 billion payday
BusinessHot News

Johann Rupert’s Reinet secures $3.9 billion payday from PIC sale

Johann Rupert’s Reinet to earn $3.9 billion from PIC stake sale, boosting liquidity and global investment influence.

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BusinessExclusive

Abdul Samad Rabiu’s son, Khalifa, joins Nigeria’s wealthy with $271 million BUA Foods stake

Abdul Samad Rabiu’s son, Khalifa, joins Nigeria’s wealthy with a $271 million stake in BUA Foods.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

U.S., China push Ghana to halt gold royalty hike amid miner backlash

U.S. and China urge Ghana to reconsider gold royalty hike as miners warn higher rates could hurt Africa’s top gold…

Omokolade Ajayi Omokolade Ajayi
Hot NewsLuxuryTourism

10 best private islands in Africa

Africa’s private islands offer ultra-luxury escapes, pristine beaches, and conservation-led hospitality across Seychelles, Tanzania and Mozambique.

Feyisayo Ajayi Feyisayo Ajayi
ADvTECH earnings growth
BusinessHot News

ADvTECH projects up to 19% earnings growth as valuation nears $1.5 billion

ADvTECH forecasts 14%–19% earnings growth for 2025 as Africa’s largest private education group approaches a $1.5 billion market valuation.

Feyisayo Ajayi Feyisayo Ajayi
Fawry $57.6 million profit
BusinessHot News

Egyptian tech mogul Ashraf Sabry’s Fawry posts $57.6 million profit in 2025

Fawry reports $57.6 million profit in 2025, driven by booming digital payments and banking services under Ashraf Sabry’s leadership.

Feyisayo Ajayi Feyisayo Ajayi
BusinessExclusive

Auwalu Abdullahi Rano: The oil mogul behind Nigeria’s first unmanned fuel stations

Auwalu Abdullahi Rano launches Nigeria’s first 24/7 unmanned fuel stations, combining technology with fuel retail across AA Rano Nigeria Limited.

Omokolade Ajayi Omokolade Ajayi
MTN deal puts $109.8 million in Darwish’s reach
BusinessHot News

MTN’s $6.2 billion IHS takeover could deliver $109.8 million to founder Sam Darwish

MTN’s $6.2 billion takeover of IHS Towers could hand founder Sam Darwish $109.8 million, highlighting the telecom giant’s two-decade infrastructure…

Feyisayo Ajayi Feyisayo Ajayi
African Rainbow Minerals profit
BusinessHot News

South African billionaire Patrice Motsepe’s ARM posts $183.6 million half-year profit

African Rainbow Minerals, led by Patrice Motsepe, reports $183.6 million half-year profit as revenue climbs and strong commodity prices boost…

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

AfDB backs billion-dollar aviation push as Africa becomes fastest-growing market

AfDB launches billion-dollar program to boost Africa’s aviation and attract long-term investment.

Omokolade Ajayi Omokolade Ajayi
Africa direct-to-device satellite network
Hot NewsTechnology

Axian Telecom, AST SpaceMobile launch Africa’s first direct-to-device satellite network

Axian Telecom and AST SpaceMobile plan Africa’s first direct-to-device satellite network to expand 4G and 5G access to rural areas.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

FirstRand tops Capitec as Africa’s most valuable lender, eyes Ghana and Nigeria

FirstRand surpasses Capitec as Africa’s top lender, targeting growth in Ghana, Nigeria, and broader regional markets.

Omokolade Ajayi Omokolade Ajayi
Ford expands Signature 2.0 dealership concept in South Africa
BusinessTechnology

Ford Expands retail strategy across South African auto dealers

Ford Motor Company is expanding a new retail concept across South Africa…

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Benson Ndeta bank fraud
BusinessHot News

Kenyan cement tycoon Benson Ndeta faces arrest over $34.8 million Absa Bank fraud

Kenyan cement executive Benson Ndeta faces arrest after court warrant over alleged…

Feyisayo Ajayi Feyisayo Ajayi
Nairobi CBD property sale
BusinessHot News

Jubilee Holdings to sell Nairobi CBD office for $15.5 million

Jubilee Holdings to sell Nairobi CBD office for $15.5 million, moving operations…

Feyisayo Ajayi Feyisayo Ajayi
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