Paul Fokam
BusinessBankingHot News

Afriland First Bank Guinea records $217.3 million across 3 bond issues

Afriland First Bank Guinea records $217.3 million across three government bond issues, leading banks in Guinea’s 2026 allocation.

Feyisayo Ajayi Feyisayo Ajayi
Devland
BusinessHot NewsMarkets

Devland marks 37 years as Gathoo brothers expand retail empire

Devland marks 37 years in business as Mahomed and Shiraz Gathoo expand South Africa’s grocery retail and wholesale group through…

Feyisayo Ajayi Feyisayo Ajayi
Xavier Mugisha Shema
BankingBusinessExecutives

BPR Bank Rwanda names Xavier Shema acting MD as Mutesi exits   

BPR will begin the process of recruiting a substantive managing director, leaving Shema to oversee the lender during the leadership…

Timilehin Adejumobi Timilehin Adejumobi
Brian kennedy
BusinessExecutivesHot NewsLatest

Absa Group adds Brian Kennedy to Remuneration Committee 9 months after joining board

Absa Group appoints Brian Kennedy to its Remuneration Committee, nine months after joining the board as an independent non-executive director.

Feyisayo Ajayi Feyisayo Ajayi
MNT-Halan debt program
TechnologyFintechHot NewsInvestmentsLatest

MNT-Halan parent raises issued capital to $3.14 million after offering

MNT-Halan’s parent raises issued capital to $3.14 million after approving a $290,609 increase linked to its share offering.

Feyisayo Ajayi Feyisayo Ajayi
Sheik Mansour
Global NewsBusinessHot NewsLifestyleSports

Emirati billionaire Sheikh Mansour invests $133 million in Manchester City owner CFG at $8 billion valuation

Sheikh Mansour invests another $133 million in Manchester City owner CFG, raising his stake to 81% at an implied $7.86…

Feyisayo Ajayi Feyisayo Ajayi
Hassan Allam
BusinessEnergyHot NewsLatest

Hassan Allam Utilities, Infinity Power begin construction of 1.2 GW solar project in Egypt

Hassan Allam Utilities and Infinity Power begin construction of Egypt’s 1.2 GW solar project with 600 MWh of battery storage.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot NewsInvestmentsLatest

IFC backs Kenya’s plan to attract $100 million in new SEZ investments

IFC backs Kenya’s reforms to attract $100 million in new SEZ investments through regulatory changes, improved incentives and green industrialisation.

Feyisayo Ajayi Feyisayo Ajayi
Jens Montanana, Datatec Founder & CEO
BusinessExecutivesMarketsTechnology

South African tycoon Jens Montanana loses $75 million in two weeks from Datatec stake

Montanana’s holding fell to R2.68 billion ($164.48 million) from R3.9 billion ($239.49 million), wiping R1.22 billion ($75 million,) off its…

Timilehin Adejumobi Timilehin Adejumobi
Capitec
BusinessBankingBillionairesExecutivesHot NewsLatest

Inside Capitec: How South Africa’s $32 billion lender builds leaders from within

Capitec Bank builds leadership from within, grooming executives Gerrie Fourie and Graham Lee through internal development and succession planning.

Feyisayo Ajayi Feyisayo Ajayi
Global billionaires investing in Africa
BusinessExclusiveHot News

Top 15 global billionaires investing billions across Africa

Global billionaires including Elon Musk, Jeff Bezos, and Bill Gates are investing billions across Africa’s tech, infrastructure, and development sectors.

South African executive Simon Baloyi
ExecutivesBusinessHot News

South African executive Simon Baloyi bags $2.6 million pay as Sasol profit jumps

Sasol CEO Simon Baloyi’s pay surged 65.4% to R42.87 million ($2.57 million) in 2026, driven by higher incentives as the energy group’s profits doubled.

Gem Resources exits South Africa emerald mine in $1.7 million deal
BusinessGlobal News

Gem Resources exits South Africa emerald mine in $1.7 million deal

Gem Resources is selling its South African emerald mine interest for $1.7 million, with royalties potentially lifting the deal to $2.4 million.

Oluwatosin Alao Oluwatosin Alao
Paul Fokam
BusinessBankingHot News

Afriland First Bank Guinea records $217.3 million across 3 bond issues

Afriland First Bank Guinea records $217.3 million across three government bond issues, leading banks in Guinea’s 2026 allocation.

Feyisayo Ajayi Feyisayo Ajayi
Oryx Energies
BusinessCompanies

Oryx Energies sells three West African businesses to Mali’s Niangadou

Oryx Energies sale transfers its Mali, Côte d’Ivoire and Togo businesses to Malian energy company Niangadou.

Timilehin Adejumobi Timilehin Adejumobi
The Cape Town Edition Hotel
TourismHospitalityLuxury

Marriott opens $66 million Edition Hotel in Cape Town   

Marriott brings its Edition luxury hotel brand to Africa with a $66 million property at Cape Town’s V&A Waterfront.

Timilehin Adejumobi Timilehin Adejumobi
Sheik Mansour
Global NewsBusinessHot NewsLifestyleSports

Emirati billionaire Sheikh Mansour invests $133 million in Manchester City owner CFG at $8 billion valuation

Sheikh Mansour invests another $133 million in Manchester City owner CFG, raising his stake to 81% at an implied $7.86 billion valuation.

Feyisayo Ajayi Feyisayo Ajayi
Uganda-Kenya Coast Tourism Summit
TourismBusinessInvestments

Uganda and Kenya sign three deals to boost tourism, trade and investment  

Uganda-Kenya tourism deals aim to grow visitor numbers, trade and investment through three agreements signed in Mombasa in October.

Timilehin Adejumobi Timilehin Adejumobi
Capitec
BusinessBankingBillionairesExecutivesHot NewsLatest

Inside Capitec: How South Africa’s $32 billion lender builds leaders from within

Capitec Bank builds leadership from within, grooming executives Gerrie Fourie and Graham Lee through internal development and succession planning.

Feyisayo Ajayi Feyisayo Ajayi
Mohammed Indimi
BusinessBankingBillionairesEnergyHot NewsLatest

Nigerian oil tycoon Mohammed Indimi’s Jaiz Bank stake slips to $76 million from over $135 million

Mohammed Indimi’s Jaiz Bank stake falls to $76 million from $135.7 million as shares decline ahead of the lender’s third-quarter results.

Feyisayo Ajayi Feyisayo Ajayi
BusinessBillionairesHospitality

Filipino billionaire Tony Tan Caktiong takes Hotel101 to Africa with $100 million Cairo project    

Filipino billionaire Tony Tan Caktiong backs Hotel101’s $100 million Cairo project as the hotel brand expands into Africa.

Timilehin Adejumobi Timilehin Adejumobi