Sustainable logistics in Egypt
Hot NewsTechnology

Sustainable logistics in Egypt: Edita’s fleet goes electric with Shift EV

Edita partners with Shift EV to deploy electric trucks, cutting diesel costs and advancing sustainable logistics in Egypt.

Feyisayo Ajayi Feyisayo Ajayi
PIC Sibanye-Stillwater dividend
BusinessHot News

PIC, Africa’s largest asset manager, set for $46 million Sibanye-Stillwater dividend

PIC eyes $46 million Sibanye dividend after miner declares $213 million payout on earnings rebound and strong metal prices.

Feyisayo Ajayi Feyisayo Ajayi
Northam credit boost renewable energy
BusinessHot News

Northam raises $124 million credit line amid renewable energy push

Northam Platinum raises credit line by $124 million to boost renewable energy projects, cut emissions, and secure long-term power supply.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

UAE’s Mubadala Energy acquires 15% stake in Egypt’s Nargis offshore field

Mubadala Energy buys 15 percent of Egypt’s Nargis offshore field, strengthening its gas presence in the Eastern Mediterranean.

Omokolade Ajayi Omokolade Ajayi
Sibanye-Stillwater revenue H1 2026
BusinessHot News

Sibanye-Stillwater H1 2026 revenue hits $7.3 billion

Sibanye-Stillwater posts $7.3 billion H1 2026 revenue, driven by higher metal prices, operational gains, and strategic growth projects.

Feyisayo Ajayi Feyisayo Ajayi
City Lodge Hotels earnings
Hot NewsLuxury

City Lodge Hotels reports robust H1 2026 performance, with revenue above $70 million

City Lodge Hotels posts strong H1 2026 results, with 33% adjusted earnings growth and rising occupancy boosting revenue.

Feyisayo Ajayi Feyisayo Ajayi
Cell C exit drives interim earnings plunge
BusinessHot News

Blu Label swings to loss after $371.6 million Cell C disposal

Blu Label swings to interim loss after Cell C exit, despite resilient core earnings and steady underlying operations.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Bloemfontein’s largest mall, owned by Michael Georgiou, hit by power cut over $9.25 million debt

Bloemfontein mall faces power cut over $9.25 million debt as court allows Centlec action against Loch Logan Waterfront.

Omokolade Ajayi Omokolade Ajayi
Al Mada stake gains $270 million
BusinessHot News

Moroccan Royal-backed Al Mada sees $270 million gain from Attijariwafa Bank shares

Al Mada’s 46.54% stake gained $270 million in 2026 as its holdings rose to $8.24 billion amid steady market growth.

Feyisayo Ajayi Feyisayo Ajayi
Gold Fields $3.57 billion profit
BusinessHot News

Gold Fields reports $3.57 billion profit, announces $1.7 billion shareholder payout

Gold Fields posts $3.57 billion profit, boosts payouts to $1.7 billion as gold output and cash flow surge in 2025.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTechnology

IHS weighs $685 million Latam tower sale after $6.2 billion bid from MTN Group

IHS Holding plans $685 million sale of Latin America assets as MTN Africa moves to acquire the company’s core African…

Omokolade Ajayi Omokolade Ajayi
Akhannouch drives Morocco’s largest social support
BusinessHot News

Billionaire mogul and politician Aziz Akhannouch expands Morocco’s social reform to 3.9 million families

Morocco’s social reform expands under Aziz Akhannouch, delivering cash transfers to 3.9 million families in 2026.

Feyisayo Ajayi Feyisayo Ajayi
Kumba Iron Ore 2025 revenue
BusinessHot News

Kumba Iron Ore posts $4.4 billion in 2025 revenue, expands margins

Kumba Iron Ore posts $4.4 billion revenue in 2025, boosts margins and dividends despite volatile global trade conditions.

Feyisayo Ajayi Feyisayo Ajayi
Kenya tallest towers Nairobi
Hot NewsLuxury

Kenya’s 10 tallest towers redefining Nairobi’s skyline

Kenya’s 10 tallest towers reshape Nairobi’s skyline, signaling economic growth, foreign investment and modern urban ambition.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Africa’s richest man Aliko Dangote gains $2.76 billion as cement shares surge

Africa’s richest man Aliko Dangote gains $2.76 billion as Dangote Cement rises, boosting his net worth to $32.7 billion.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Black South Africans climb income ladder as unemployment hits lowest since 2020

Over the past three decades, a growing number of Black South African households have moved into higher income brackets. A…

Omokolade Ajayi Omokolade Ajayi
Glencore DRC copper deal
BusinessHot News

Glencore DRC land deal extends Kamoto output into 2040s

Glencore secures DRC land deal, extending Kamoto mine life to mid-2040s and reinforcing long-term copper output stability.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

South Africa’s richest man, Johann Rupert, slips below $19 billion

South Africa’s richest man, Johann Rupert, chairman of Swiss luxury giant Richemont, has seen his net worth slip below the…

Omokolade Ajayi Omokolade Ajayi
Oando raises $164 million to expand operations
BusinessHot News

Oando Plc plans $164 million rights issue to strengthen its capital base

Oando Plc seeks $164.4 million via rights issue to boost capital, support growth, and strengthen its position in Nigeria’s oil…

Feyisayo Ajayi Feyisayo Ajayi
Most expensive countries in Africa 2026
Hot NewsLuxury

10 most expensive countries in Africa in 2026

Africa’s 10 most expensive countries in 2026 reveal rising grocery prices, import reliance, inflation pressures and strained purchasing power.

Feyisayo Ajayi Feyisayo Ajayi
AAIB funds Upper Egypt’s first AI-powered radiotherapy system at Assiut University
BusinessTechnology

AAIB supports AI-powered cancer treatment in Upper Egypt

Arab African International Bank is expanding its support for Egypt’s healthcare system…

Oluwatosin Alao Oluwatosin Alao
Sirayane Boutique Hotel, Marrakech
BusinessLuxury

10 investment opportunities in Morocco’s Boutique hotels

Morocco’s tourism surge drives boutique hotel investment growth.

Timilehin Adejumobi Timilehin Adejumobi
Santam Limited Head Office
BusinessHot News

Santam enters India’s IFSC with GIFT City reinsurance branch 

Santam opens reinsurance office in India’s GIFT City.

Timilehin Adejumobi Timilehin Adejumobi
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