Ninety One plans to back infrastructure projects to revive Johannesburg 

“The major city in the country needs to be turned around,” Ninety One CEO Hendrik du Toit said in an…

Timilehin Adejumobi Timilehin Adejumobi

Orion Minerals’ longtime investor Tembo Capital exits after nearly 10 years

Orion Minerals’ longtime investor Tembo Capital has exited after nearly a decade, as new shareholders back its Prieska copper-zinc mine…

Feyisayo Ajayi Feyisayo Ajayi

Ghanaian tycoon Ibrahim Mahama mounts $100 million heavy industry expansion

The company describes the $100 million complex as the only wholly Ghanaian-owned cement manufacturer operating in the country.

Omokolade Ajayi Omokolade Ajayi

Elon Musk’s fortune drops below $1 trillion after $37 billion loss

Elon Musk’s fortune fell to $987 billion after a $37.1 billion loss, as declines in SpaceX and Tesla shares ended…

Omokolade Ajayi Omokolade Ajayi

Nigeria’s Air Peace adds new Embraer jet to drive regional, global expansion

The newly arrived twin-engine jet, christened "Eka Sunmonu," is configured for 96 passengers across two cabins, featuring 12 business-class recliners…

Omokolade Ajayi Omokolade Ajayi

Woolworths wins court approval to sell liquor at Dainfern Square store in South Africa

Woolworths wins interim court approval to sell liquor at its Dainfern Square store in Johannesburg while challenging a licence lapse…

Feyisayo Ajayi Feyisayo Ajayi

Moove exits Nigeria months after hitting $2.1B valuation, hands drivers $26M fleet

The company softened the blow with an unprecedented parting gift, pledging to transfer outright ownership of eligible vehicles to drivers…

Omokolade Ajayi Omokolade Ajayi

Hassanein Hiridjee’s Axian to build 200MW solar plant to ease Zambian outages

The deal signals growing private-sector momentum across Southern Africa as regional utilities turn toward independent power producers to stave off…

Omokolade Ajayi Omokolade Ajayi

Ugandan tycoon Sudhir Ruparelia’s former Crane Bank building set for I&M Bank branch

Ugandan tycoon Sudhir Ruparelia’s former Crane Bank property in Ntinda is set to reopen as an I&M Bank Uganda branch.

Feyisayo Ajayi Feyisayo Ajayi

NGX CEO Jude Chiemeka takes helm of African Securities Exchanges

Chiemeka, who also chairs the West African Capital Markets Integration Council, succeeds Pierre Célestin Rwabukumba, CEO of the Rwanda Stock…

Timilehin Adejumobi Timilehin Adejumobi

ExxonMobil plans $1 billion Nigeria Oilfield investment   

ExxonMobil Nigeria oilfield investment signals renewed offshore activity as the country seeks fresh energy sector capital.

10 Tunisia’s desert luxury camps

Luxury camps in Tunisia’s Sahara surge as global interest in desert escapes rises.

Orion Minerals’ longtime investor Tembo Capital exits after nearly 10 years

Orion Minerals’ longtime investor Tembo Capital has exited after nearly a decade, as new shareholders back its Prieska copper-zinc mine development.

Feyisayo Ajayi Feyisayo Ajayi

Ghanaian tycoon Ibrahim Mahama mounts $100 million heavy industry expansion

Ibrahim Mahama scales his $100 million Dzata Cement plant and seals a major gold mine deal to challenge foreign dominance in Ghana's heavy industry.

Omokolade Ajayi Omokolade Ajayi

Elon Musk’s fortune drops below $1 trillion after $37 billion loss

Elon Musk’s fortune fell to $987 billion after a $37.1 billion loss, as declines in SpaceX and Tesla shares ended his latest run above $1 trillion.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s Air Peace adds new Embraer jet to drive regional, global expansion

Air Peace receives a new Embraer 190, boosting capacity across West Africa while ramping up international routes to London, Houston, and the UAE.

Omokolade Ajayi Omokolade Ajayi

Woolworths wins court approval to sell liquor at Dainfern Square store in South Africa

Woolworths wins interim court approval to sell liquor at its Dainfern Square store in Johannesburg while challenging a licence lapse ruling.

Feyisayo Ajayi Feyisayo Ajayi

Asarian Energy plans 4,500-metre drilling programme at Namibia uranium deposit

Asarian Energy plans 4,500 metres of drilling at Namibia’s Namibplaas uranium deposit to improve resource confidence and assess upgrade potential.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian billionaire Tony Elumelu urges investors in Paris to fund Africa’s future

Tony Elumelu challenges global financiers in Paris to invest directly in young African founders, moving past foreign aid into real enterprise.

Omokolade Ajayi Omokolade Ajayi

Billionaire Naguib Sawiris deepens Egypt gold bet with 5 new blocks as Wa’al nears key study

Billionaire Naguib Sawiris is expanding his Egypt gold portfolio with five new exploration bids as the Wa’al project nears a key study.

Feyisayo Ajayi Feyisayo Ajayi

Ethiopian billionaire Mohammed Al-Amoudi’s net worth drops below $10 billion

Mohammed Al-Amoudi’s net worth falls to $9.74 billion as asset valuations decline, while MIDROC targets 120,000 employees and 10 new hotels.

Omokolade Ajayi Omokolade Ajayi

South Africa’s LekkeSlaap sold to Consortium as founders exit

South African investors have acquired LekkeSlaap as its founders exit, with the 40,000-property platform targeting wider Southern African growth.

Oluwatosin Alao Oluwatosin Alao

Robin Pope Safaris expands into Zambia’s Lower Zambezi with Kujana Camp    

Robin Pope Safaris marks 40 years in Zambia with Kujana Camp, opening a new luxury safari base in the Lower Zambezi.

Timilehin Adejumobi Timilehin Adejumobi

Hemingways Nairobi becomes first Kenyan hotel to join Leading Hotels of the World

Hemingways Nairobi joins Leading Hotels of the World as Kenya’s first and only member, expanding its global luxury reach.

Timilehin Adejumobi Timilehin Adejumobi