Shameel Joosub
BusinessHot News

Vodacom CEO Shameel Joosub’s pay jumps 75 percent to $8.5 million

His indicative post-tax remuneration also increased from R43.1 million ($2.6 million) to R75.6 million ($4.7 million).

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesLuxury

Days after flying Dangote on his Global 8000, Abdul Samad Rabiu relaxes on yacht in Monaco

His time in Monaco comes shortly after Dangote joined him aboard the Global 8000, which Rabiu took delivery of in…

Omokolade Ajayi Omokolade Ajayi
Misr Italia
BusinessLuxury

Misr Italia launches $161 million Amare Seafront Villas at Solare Ras El Hekma

Misr Italia launches $161 million Amare Seafront Villas at Solare Ras El Hekma, targeting rising demand for luxury coastal real…

Feyisayo Ajayi Feyisayo Ajayi
Novus print asset sale
BusinessHot News

Novus Holdings raises Mustek stake to $28 million after recent purchases

Novus boosts Mustek stake to 51.9% after R9.8 million ($609,464) share purchases, tightening control and signaling long-term strategic confidence.

Feyisayo Ajayi Feyisayo Ajayi
Dixit Joshi
BusinessHot News

Dixit Joshi resigns from Nedbank as board reshuffle deepens following Mfundo Nkuhlu’s early retirement

Dixit Joshi resigns from Nedbank months after joining, as board reshuffle deepens following COO Mfundo Nkuhlu’s early retirement.

Feyisayo Ajayi Feyisayo Ajayi
Globacom
TechnologyBusinessHot News

Glo leads Nigeria’s telecom market with 1.2 million new internet subscribers in May

Nigeria added about 2.67 million internet subscribers during the month, up from 154.3 million in April.

Omokolade Ajayi Omokolade Ajayi
Chakib Alj
BusinessBillionairesHot News

Chakib Alj completes Forafric deal as food empire expands across Morocco

Chakib Alj completes Forafric Maroc takeover, expanding Cap Holding’s food business across Morocco’s flour, pasta and couscous market.

Omokolade Ajayi Omokolade Ajayi
Asante Gold
BusinessHot News

Asante Gold Expands Bibiani Resource as 3.7km Gold Corridor Confirmed in Ghana

Asante Gold confirms 3.7km mineralized corridor at Bibiani, boosting resources, underground potential, and long-term growth in Ghana.

Feyisayo Ajayi Feyisayo Ajayi
Elsewedy Electric
Hot NewsBusiness

Elsewedy lands $350 million textile deal to boost Egypt’s manufacturing

Elsewedy secures $350 million textile investment with Crystal International, boosting Egypt’s industrial capacity and export manufacturing growth.

Feyisayo Ajayi Feyisayo Ajayi
Ethiopian business executive Yodit Kassa
BusinessHot News

Yodit Kassa named CEO of Ethiopian Securities Exchange as market expansion accelerates

Kassa takes over at a pivotal time for Ethiopia's young capital market after spending years helping build the exchange from…

Omokolade Ajayi Omokolade Ajayi
BusinessBillionairesHot News

Femi Otedola nears $2 billion on Forbes as people close to him value fortune above $3 billion

The increase comes as Otedola continues to buy shares in the lender, lifting his ownership while renewed investor demand drives…

Omokolade Ajayi Omokolade Ajayi
South African executive Raisibe Morathi
Hot NewsBusiness

South African executive Raisibe Morathi’s pay climbs to $4.25 million at Vodacom

The increase was largely driven by long-term incentive (LTI) awards that vested in June 2026.

Omokolade Ajayi Omokolade Ajayi
Egyptian wheat supply linked to import diversification strategy.
Global NewsBusinessHot News

Global food prices hit 3-year high as grain shortages and extreme weather fuel fears

Attention in global agricultural markets has increasingly shifted beyond the initial disruption caused by the U.S.-Iran war.

Omokolade Ajayi Omokolade Ajayi
A customer experience centre operated by Airtel Africa in Kenya.
BusinessHot News

Airtel Kenya secures 25-year licence, ending years of regulatory hurdles in Kenya

Airtel Kenya secures 25-year licence, ending regulatory uncertainty and enabling long-term investment in broadband and digital infrastructure.

Feyisayo Ajayi Feyisayo Ajayi
Bahaeddine Bassatne
BusinessHot News

Lebanese tycoon Bahaeddine Bassatne’s BB Energy eyes $42 million for Africa LPG expansion

IFC plans up to $42 million backing for BB Energy’s $64 million LPG expansion across DR Congo, South Africa and…

Feyisayo Ajayi Feyisayo Ajayi
Akdital raises 130 million hospital expansion
BusinessHot News

Morocco’s Akdital sells 15% stake to Arab Invest to accelerate Saudi hospital expansion

Akdital sells 15% Saudi unit stake to Arab Invest to accelerate hospital expansion and scale its regional healthcare platform.

Feyisayo Ajayi Feyisayo Ajayi
labelvie
BusinessHot News

LabelVie raises $54 million to accelerate Morocco retail expansion

LabelVie raises $54 million bond to fund store expansion, boost logistics, and scale operations across Morocco’s growing retail market.

Feyisayo Ajayi Feyisayo Ajayi
Elsewedy Electric
BusinessHot News

Elsewedy Electric expands Saudi footprint with Qiddiya, Monorail and solar projects

Elsewedy Electric completes Qiddiya cable supply, boosting Saudi infrastructure, energy projects and Vision 2030 ambitions.

Feyisayo Ajayi Feyisayo Ajayi
Eni
BusinessHot News

Eni gets IFC support for $400 million Africa biofuel project 

IFC weighs up to $250 million financing for Eni’s $400 million Africa biofuel project, expanding agribusiness, supply chains, and rural…

Feyisayo Ajayi Feyisayo Ajayi
Ongwe Minerals
Hot NewsBusiness

Ongwe Minerals expands 6km gold discovery in Namibia, sets 5,000 m drilling campaign

Ongwe Minerals expands a 6km gold anomaly at Namibia’s Nguni prospect, advancing toward a 5,000-meter drilling campaign.

Feyisayo Ajayi Feyisayo Ajayi
Morocco surf
TourismHot News

Riding Morocco’s waves: where surf meets souks

Morocco surfing is more than just barrels and beach breaks. A burgeoning “surf and souk” circuit is marrying adrenaline with artisan culture.

ExclusiveBusiness

Auwalu Abdullahi Rano: The oil mogul behind Nigeria’s first unmanned fuel stations

Auwalu Abdullahi Rano, the oil tycoon behind Nigeria’s first unmanned fuel stations, introduces 24/7 self-service refueling with digital controls.

Shameel Joosub
BusinessHot News

Vodacom CEO Shameel Joosub’s pay jumps 75 percent to $8.5 million

Vodacom CEO Shameel Joosub’s pay rose 75.3 percent to $8.5 million, driven by a 196.8 percent increase in long-term incentives.

Omokolade Ajayi Omokolade Ajayi
South Africa’s BPESA launches guide to boost jobs in global services sector
BusinessTechnology

South Africa’s BPESA launches guide to boost jobs in global services sector

BPESA launches a new guide to help South Africa’s BPO sector create jobs, develop young talent and prepare workers for an AI-driven economy.

Oluwatosin Alao Oluwatosin Alao
Tanzania, Eswatini deepen ties with focus on trade, investment and tourism
BusinessTourism

Tanzania, Eswatini deepen ties with focus on trade, investment and tourism

Tanzania and Eswatini deepen trade, investment and tourism ties as both countries seek stronger economic cooperation and new business opportunities.

Oluwatosin Alao Oluwatosin Alao
Misr Italia
BusinessLuxury

Misr Italia launches $161 million Amare Seafront Villas at Solare Ras El Hekma

Misr Italia launches $161 million Amare Seafront Villas at Solare Ras El Hekma, targeting rising demand for luxury coastal real estate in Egypt.

Feyisayo Ajayi Feyisayo Ajayi
Benguela ETF debuts on the JSE
BusinessTechnology

JSE lists Benguela EasyETFs fund focused on global AI companies 

Benguela EasyETFs Global AI Revolution ETF lists on the JSE, giving South African investors targeted exposure to global AI companies.

Timilehin Adejumobi Timilehin Adejumobi
VFEX
BusinessHot News

Zimbabwe’s VFEX targets $5 billion market cap with new venture board   

Zimbabwe VFEX targets $5 billion as it expands listings, adds new products and prepares a venture board for junior miners.

Timilehin Adejumobi Timilehin Adejumobi
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