HOT NEWS

IFC commits $300,000 to strengthen Gambia’s Salam microfinance institution

October 23, 2026

Hassan Allam’s Utilities unit plans logistics hub at Egypt’s Dekheila Port

October 23, 2026

South Africa’s Pick n Pay ends restructuring process as losses narrow

October 23, 2026

Kola Masha’s Babban Gona smallholder farming model to get $300,000 in IFC advisory support

October 23, 2026

IFC commits $300,000 to strengthen Gambia’s Salam microfinance institution

IFC commits $300,000 in advisory support to strengthen Salam’s risk management and corporate governance in The Gambia’s microfinance sector.

Feyisayo Ajayi October 23, 2026

Business Companies Hot News

Hassan Allam’s Utilities unit plans logistics hub at Egypt’s Dekheila Port

Hassan Allam Utilities plans to study a 273,008-square-metre logistics hub at Egypt’s Dekheila Port, pending final agreements and regulatory approvals.

Feyisayo Ajayi October 23, 2026

Moroccan businessman, Moulay Hafid Elalamy

Banking Business

Moroccan businessman Elalamy launches wealth management unit at Saham Bank

The unit, launched Oct. 22, will serve clients seeking to preserve fortunes and transfer wealth across generations.

Timilehin Adejumobi October 23, 2026

Business Entrepreneurs Hot News

Kola Masha’s Babban Gona smallholder farming model to get $300,000 in IFC advisory support

IFC is providing $300,000 in advisory support to strengthen Kola Masha’s Babban Gona model and expand smallholder farmers’ access to…

Feyisayo Ajayi October 23, 2026

Business Executives Hot News

Sanlam Kenya names Jacqueline Karasha CEO as life insurance arm moves to parent

Sanlam Kenya names Jacqueline Karasha CEO from November 1 as it consolidates life insurance operations under its listed parent company.

Feyisayo Ajayi October 23, 2026

Business Entrepreneurs Hot News

IFC lines up $72 million for John Alamu’s Johnvents agribusiness expansion

IFC proposes $72 million in financing for John Alamu’s Johnvents to expand sesame and cashew processing and logistics in Nigeria…

Feyisayo Ajayi October 22, 2026

Ghanaian-British entrepreneur Basil David Anthony

Business Entrepreneurs Hot News

Ghanaian-British entrepreneur Basil Anthony expands Modern Floors & Walls into Kenya

Ghanaian-British entrepreneur Basil Anthony expands Modern Floors & Walls into Kenya, targeting East Africa’s interior-finishing and construction markets.

Feyisayo Ajayi October 22, 2026

Business Billionaires Hospitality

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 October 22, 2026

Hot News Business Energy

ReconAfrica resumes Kavango West drilling in Namibia after raising $16 million

ReconAfrica has resumed drilling at its Kavango West well in Namibia after raising $16 million, with horizontal flow testing expected…

Feyisayo Ajayi October 22, 2026

Business Entrepreneurs Hot News

Nigerian pharma tycoon Stella Okoli steps back from Emzor after nearly 50 years

Stella Okoli steps back from Emzor’s daily management after nearly 50 years, with Uzoma Ezeoke taking over as managing director.

Feyisayo Ajayi October 22, 2026

Business Global News

South32 weighs options for Mozambique’s Mozal smelter after suspension

South32 reviews options for Mozambique's Mozal smelter as IDC explores acquisition amid power supply challenges.

Kenya becomes first African country to feature in the TOP25 Restaurants guide.

Tourism Business

Kenya Enters Global Food Map With Pan-African Dining Guide

At a Glance Kenya has taken a major step onto the global food stage with the launch of TOP25 Restaurants Kenya, the first African edition of the international dining guide. The move puts Nairobi and other key cities under the spotlight at a time when global travelers are paying closer attention to food-led destinations. For local chefs and restaurateurs, the…