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 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

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

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

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

Nigerian businessman Oba Otudeko’s Ikeja Hotels stake tops $10 million as 9M profit hits $4 million

Nigerian businessman Oba Otudeko’s Ikeja Hotels stake tops $10 million as Ikeja Hotel group posts $3.93 million in nine-month profit.

Feyisayo Ajayi Feyisayo Ajayi

UBA launches Africa-wide green initiative to fight climate change

The five-day push began with immediate operational overhauls, eliminating single-use plastics across head offices and installing designated waste separation stations…

Omokolade Ajayi Omokolade Ajayi

ACAMB alerts Nigerian bank users as cloned login sites target PINs, BVNs

ACAMB raised the alarm after monitors intercepted fraudulent text messages masking several lenders.

Omokolade Ajayi Omokolade Ajayi

Kenya’s Quickmart gets $55 million in commitments for $116 million IPO

Quickmart secures $55 million in IPO commitments from four institutional investors as Kenya’s supermarket chain targets a $116 million share…

Feyisayo Ajayi Feyisayo Ajayi

Tomi Amosun’s Summit Africa exits lender after backing South Africa’s $30B farm sector

The divestment closes a four-year run in the alternative lending market, leaving the Sandton-based asset financier under familiar operational leadership.

Omokolade Ajayi Omokolade Ajayi

AfDB backs Egypt’s Dandara solar project with $66 million financing

Dandara solar project receives $66 million AfDB funding to boost Egypt’s renewable energy, storage capacity and green industry growth.

Inside Uganda’s new Kulu Ora lodge redefining luxury Safari stays

At a Glance Uganda’s luxury travel scene is stepping into a defining moment. WildPlaces Africa, one of East Africa’s leading names in sustainable hospitality, is preparing to open Kulu Ora Lodge, its seventh and most ambitious property yet. Nestled in the heart of Murchison Falls National Park, the new lodge is slated to open in early 2026—marking a bold step…

Poland’s Rail Industry targets Africa as railway investment expands

Poland’s rail industry is targeting Africa after a Ghana train deal, with South Africa’s railway modernisation offering new growth opportunities.

Oluwatosin Alao Oluwatosin Alao

Kenyan healthcare tycoon Jayesh Saini wins approval to take control of Africa Business Corp.

Jayesh Saini wins approval to take control of Africa Business Corp., expanding healthcare and insurance interests across Africa.

Timilehin Adejumobi Timilehin Adejumobi

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

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 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

Sheraton Lagos owner, Ikeja Hotel, posts $3.9 million profit after wiping out borrowing costs

Sheraton Lagos owner Ikeja Hotel posted a 14% rise in net profit to $3.93 million, aided by zero borrowing costs and resilient corporate bookings.

Omokolade Ajayi Omokolade Ajayi

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

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

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