Wole Oshin, founder & MD Custodian
BusinessExecutivesMarkets

Nigerian insurance tycoon Wole Oshin’s stake in Custodian drops to $81 million

Oshin, Custodian's founder, group managing director and largest shareholder, owns a 29.53% interest in the company through direct holdings and…

Timilehin Adejumobi Timilehin Adejumobi
MTN Group CEO, Ralph Mupita
TechnologyBusinessDigitalHot NewsLatest

Ralph Mupita-led telecom giant MTN surges past 320 million customers

MTN Group, led by Ralph Mupita, has surpassed 320 million customers as revenue, EBITDA and margins strengthen across African markets.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian industrialist Razaq Okoya
BusinessHot News

Nigerian industrialist Razaq Okoya’s Eleganza moves to restart factory after shutdown

The reopening will restore operations at a facility that previously manufactured some of the company’s best-known products.

Omokolade Ajayi Omokolade Ajayi
Mauritian telecom Emtel
TechnologyBusinessHot News

Mauritian telecom Emtel nine-month profit hits $10.4 million on data demand

The Port Louis-based telecom operator saw gross revenue climb 8.8 percent to MUR3.23 billion ($68.84 million) through September.

Omokolade Ajayi Omokolade Ajayi
Mauritian conglomerate Medine
BusinessCompaniesHot News

Mauritian conglomerate Medine tops $4 million Q1 profit as sugar, safaris surge

The performance marked a noticeable shift from property speculation toward productive operations across the island nation's western coastal region.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
MarketsBusinessHot News

Nigerian billionaire Aliko Dangote halts $1B London listing of Dangote Cement

Dangote Industries Limited, which holds an 86.65 percent stake in the building-materials giant, confirmed the abrupt reversal.

Omokolade Ajayi Omokolade Ajayi
Sylvia Inkoom
BusinessExecutivesHot NewsLatest

First National Bank Ghana CEO Sylvia Inkoom joins Ghana Fixed Income Market Committee

First National Bank Ghana CEO Sylvia Inkoom joins the Ghana Stock Exchange’s fixed-income committee, bringing over 20 years of banking…

Feyisayo Ajayi Feyisayo Ajayi
QatarEnergy
BusinessEnergy

QatarEnergy expands Namibia oil interests with new 25% stake deal

QatarEnergy is expanding its Namibia oil interests with a 25% stake in PEL82, bringing its offshore exploration portfolio to four…

Oluwatosin Alao Oluwatosin Alao
South African businessman Sachin Ahuja
BusinessCompaniesHot NewsLatest

South African court orders Sachin Ahuja’s property firm to demolish illegal showers

A South African high court in Johannesburg has ordered Sachin Ahuja’s Alfeco Property Investments to demolish illegal showers at its…

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire businessman Tony Elumelu
BillionairesBusinessHot News

Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Addressing thousands of executives, the Heirs Holdings chairman, framed women’s participation as a balance-sheet necessity rather than an ethical courtesy.

Omokolade Ajayi Omokolade Ajayi
Africa pipeline projects
ExclusiveHot News

Africa’s 7 largest pipeline projects

Africa’s 7 largest pipeline projects are reshaping energy security, trade and growth, with investments of up to $30 billion across regions.

Nairobi-based Watu
TechnologyBusinessHot News

Nairobi-based Watu secures $7 million debt facility from AHL Venture Partners

Watu has secured a $7 million debt facility from AHL Venture Partners to expand lending across selected African markets.

Wole Oshin, founder & MD Custodian
BusinessExecutivesMarkets

Nigerian insurance tycoon Wole Oshin’s stake in Custodian drops to $81 million

Wole Oshin's Custodian stake falls to $81.26 million as shares slide nearly 30%, wiping $34.76 million from his holding since May.

Timilehin Adejumobi Timilehin Adejumobi
MTN Group CEO, Ralph Mupita
TechnologyBusinessDigitalHot NewsLatest

Ralph Mupita-led telecom giant MTN surges past 320 million customers

MTN Group, led by Ralph Mupita, has surpassed 320 million customers as revenue, EBITDA and margins strengthen across African markets.

Feyisayo Ajayi Feyisayo Ajayi
Aspen Pharmacare
BusinessLatest

Aspen Pharmacare wins approval for generic semaglutide in Brazil, South Africa  

Aspen wins approval for generic semaglutide in Brazil and South Africa as it targets growing demand for diabetes and weight-loss drugs.

Timilehin Adejumobi Timilehin Adejumobi
Manhattan fashion house Tory Burch
LifestyleBusinessHot News

Swiss chocolatier Lindt opens new store in South Africa as African retail expands

Swiss confectioner Lindt expands its direct-to-consumer footprint across South Africa with a new retail boutique at Gqeberha’s Boardwalk Mall.

Omokolade Ajayi Omokolade Ajayi
Manhattan fashion house Tory Burch
LifestyleHot NewsLuxury

US luxury brand Tory Burch opens first South African store

Tory Burch opens its first South African boutique at Cape Town's V&A Waterfront, expanding its global luxury footprint into sub-Saharan Africa.

Omokolade Ajayi Omokolade Ajayi
Valterra Platinum
BusinessLuxury

Valterra Platinum builds South Africa’s skills for global jewellery market

South Africa's PlatAfrica competition showcases emerging jewellery designers and strengthens local platinum craftsmanship for global markets.

Oluwatosin Alao Oluwatosin Alao
Nigerian billionaire businessman Tony Elumelu
BillionairesBusinessHot News

Billionaire Tony Elumelu challenges African companies to give women more leadership roles

Tony Elumelu urges African companies to appoint more women to leadership roles, citing their impact on business growth and investment returns.

Omokolade Ajayi Omokolade Ajayi
Nvidia CEO Jensen Huang
BillionairesHot NewsTechnology

Nvidia CEO Jensen Huang loses $6.47B amid probe into alleged China spy links

Jensen Huang lost $6.47 billion as Nvidia shares fell 4.27%, pushing his fortune below $150 billion amid a China spy probe.

Omokolade Ajayi Omokolade Ajayi
BillionairesHot NewsMarkets

Femi Otedola loses $400 million as First HoldCo shares fall by a third

Femi Otedola loses $400 million as First HoldCo shares fall by a third, reducing his net worth from $2.1 billion to $1.7 billion.

Omokolade Ajayi Omokolade Ajayi