Sibanye Stillwater
BusinessHot NewsMining

Sibanye-Stillwater faces rising production costs as US strike weighs on mining operations

Sibanye-Stillwater reports higher third-quarter earnings as a US strike, declining production and rising costs force cuts to its 2026 guidance.

Feyisayo Ajayi Feyisayo Ajayi
Lagos-based petroleum marketing company Conoil Plc
EnergyBusinessHot News

Conoil reports 262% profit surge on $208 million fuel sales in 9M 2026

The performance reinforced the company’s capital position and widened retained earnings despite elevated finance charges.

Omokolade Ajayi Omokolade Ajayi
Kenyan dealmaker Christine Mwangi
InvestmentsBusinessHot News

Christine Mwangi-led AgDevCo Ventures invests $3 million in Uganda’s Newman’s Foods

The investment marks another deal following her successful effort to secure a $49 million first close for the fund in…

Omokolade Ajayi Omokolade Ajayi
Sandra Adu-Gyamfi
BusinessExecutivesHot NewsLatest

Guinness Ghana appoints Sandra Adu-Gyamfi as company secretary

Guinness Ghana appoints Sandra Adu-Gyamfi as company secretary, replacing Kelvin Boateng Koranteng and strengthening corporate governance leadership.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BusinessHot News

Africa’s richest man, Aliko Dangote, raises investment target to $60 billion

Aliko Dangote raises his Africa investment pledge to $60 billion as a $2.5 billion fuel storage and pipeline project breaks…

Omokolade Ajayi Omokolade Ajayi
Oryx Energies
BusinessEnergyHot NewsLatest

Oryx Energies set to sell Zambian business, marking 4th asset sale in 20 days

Oryx Energies has agreed to sell its Zambian downstream business to Horizon Energies, marking its fourth African asset sale in…

Feyisayo Ajayi Feyisayo Ajayi
Saudi-backed Olam Agri
BusinessHot News

Saudi-backed Olam Agri is pouring $400 million into African food staples

Olam Agri plans a $400 million expansion across Africa, building feed mills and processing hubs to meet surging urban demand…

Omokolade Ajayi Omokolade Ajayi
South African executive Lwazi Bam
ExecutivesBusinessHot News

MTN Nigeria taps South African executive Lwazi Bam for board seat

Bam joined the parent company’s executive committee in June, steering enterprise risk, compliance protocols, and strategic delivery across 19 African…

Omokolade Ajayi Omokolade Ajayi
Yvonne Bajela
TechnologyBusinessHot News

Yvonne Bajela, British-Ghanaian tech backer, secures $17 million debut fund

The Ghanaian British investor is putting that experience behind her own venture capital firm, Evertrue Capital, which has closed an…

Omokolade Ajayi Omokolade Ajayi
Nigeria’s state-owned oil company, NNPC.
EnergyBusinessHot NewsMarkets

Following Aramco’s $1.7T playbook, Nigeria’s NNPC eyes 10% stake sale in IPO

The move marks a dramatic pivot toward operational transparency for the traditionally insular state enterprise.

Omokolade Ajayi Omokolade Ajayi
Tuition-free universities abroad
Hot NewsExclusiveTourism

10 Tuition-free study destinations welcoming African students

Tuition-free programs in Germany, Norway, Finland, and Brazil offer African students global education, scholarships, and cultural exposure.

South African executive Abigail Mukhuba
Hot NewsExecutives

South African CFO Abigail Mukhuba’s Sanlam stake rebounds above $2.5 million

A rebound in Sanlam shares has lifted Group Finance Director Abigail Mukhuba’s stake back above $2.5 million, following a 4.5 percent rebound.

Sibanye Stillwater
BusinessHot NewsMining

Sibanye-Stillwater faces rising production costs as US strike weighs on mining operations

Sibanye-Stillwater reports higher third-quarter earnings as a US strike, declining production and rising costs force cuts to its 2026 guidance.

Feyisayo Ajayi Feyisayo Ajayi
Paratus Group
TechnologyBusiness

Paratus expands into Lesotho with Starlink enterprise services  

Paratus Lesotho brings Starlink enterprise internet to remote businesses, extending the group's telecommunications reach across Africa.

Timilehin Adejumobi Timilehin Adejumobi
OPay
BusinessGlobal News

OPay’s $304 million U.S. IPO stalls, threatening its $4 billion valuation

OPay's $304 million US IPO stalls after a regulatory inquiry, leaving its $4 billion valuation and planned Standard Bank investment uncertain.

Oluwatosin Alao Oluwatosin Alao
Tourists in Kenya
TourismTravels

Kenya targets nearly 200,000 UK tourists as arrivals set to rise 16.8%

Kenya targets 199,645 UK visitors in 2026, using airline partnerships, digital marketing and new tourism experiences to drive growth.

Timilehin Adejumobi Timilehin Adejumobi
Chukwuerika Achum, founder & CEO Vivajets
BusinessInvestmentsTravels

Nigerian aviation mogul Chukwuerika Achum takes VivaJets into Francophone Africa     

VivaJets expands into Francophone Africa as Chukwuerika Achum grows its fleet, secures financing and pursues regional aviation deals.

Timilehin Adejumobi Timilehin Adejumobi
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
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