Senegalese football star Sadio Mané
InvestmentsHot NewsSports

Senegalese football star Sadio Mané invests $20 million in hometown mango project

The project will sort and export fresh mangoes while producing mango pulp, dried fruit and mango butter for local and…

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
EnergyHot News

Aliko Dangote plans $3.5 billion pipeline linking Namibia, Botswana, and South Africa

Dangote said the Southern African route is part of a wider pipeline program that could eventually give the group almost…

Omokolade Ajayi Omokolade Ajayi
Kenyan banker James Mwangi
MarketsLatest News

Kenyan banker James Mwangi’s Equity Group stake tops $100 million after rally

Kenya’s richest banker James Mwangi sees his Equity Group stake top $100 million as a 54 percent stock surge drives…

Omokolade Ajayi Omokolade Ajayi
South African billionaire Ivan Glasenberg
BillionairesBusinessLatest News

Glencore’s $2 billion lawsuit costs South African billionaire Ivan Glasenberg $1.3 billion

The decline reflects the weaker value of his Glencore stake, which has fallen below $10 billion to $9.09 billion as…

Omokolade Ajayi Omokolade Ajayi
Harmony Gold
MiningHot News

Harmony Gold launches $500 million convertible bond offering to optimise funding

Harmony Gold launches a $500 million convertible bond offering to lower funding costs, diversify capital sources and optimise its balance…

Feyisayo Ajayi Feyisayo Ajayi
InvestmentsLatest News

Egyptian fintech founder Islam Shawky’s Paymob raises $35 million to expand across MENA

Egyptian fintech Paymob raises $35 million in pre-Series C funding to expand payments infrastructure across Middle East and North Africa.

Feyisayo Ajayi Feyisayo Ajayi
Devland
Companies

10 businesses linked to Gathoo brothers, South African millionaires behind Devland

Gathoo Brothers, Mahomed and Shiraz Gathoo built a diversified South African business network spanning grocery retail, wholesale, property and trading.

Feyisayo Ajayi Feyisayo Ajayi
PLP Properties
InvestmentsHot News

Feghali, Nassar families’ PLP Properties secures $10 million for Accra hotel

PLP Properties secures $10 million from IFC to develop a 170-room Hampton by Hilton hotel near Accra’s international airport.

Feyisayo Ajayi Feyisayo Ajayi
GoTyme Bank digital banking products including debit card, mobile app, and ATMs in South Africa
BankingHot News

Patrice Motsepe’s GoTyme Bank expands Shari’ah financing across South Africa

GoTyme Bank expands Shari’ah-compliant funding to South African businesses, offering an alternative to conventional interest-based financing.

Feyisayo Ajayi Feyisayo Ajayi
Enko Capital
InvestmentsHot News

Enko Capital attracts CDC Benin investment for Francophone West Africa SME fund

Enko Capital secures CDC Benin investment for its Francophone West Africa SME fund, strengthening institutional backing for regional businesses.

Feyisayo Ajayi Feyisayo Ajayi
Mamelodi Sundowns
SportsHot News

Patrice Motsepe’s Mamelodi Sundowns defeat Al Ahli to lift African-Asian-Pacific Cup

Mamelodi Sundowns defeated Al Ahli 2-1 to win the African-Asian-Pacific Cup and advance in FIFA’s Intercontinental Cup.

Feyisayo Ajayi Feyisayo Ajayi
Crookes Brothers
CompaniesHot News

Crookes Brothers exits Mozambique macadamia venture after $19 million loss

Crookes Brothers will sell its Mozambique macadamia businesses for $2 after recording a $19 million loss and mounting debt obligations.

Feyisayo Ajayi Feyisayo Ajayi
Donald Mzolisa Don Ncube
BusinessHot News

South African businessman Don Ncube’s Kinetiko stake sheds $5.2 million

South African businessman Don Ncube loses $5.2 million as Kinetiko Energy shares fall 47%, cutting the value of his stake…

Feyisayo Ajayi Feyisayo Ajayi
South Africa’s PetroSA
Hot NewsBusiness

South Africa’s PetroSA moves to block $37 million liquidation threat

South Africa’s PetroSA moves to block a $37.2 million liquidation attempt by Nako Energy, mounting a formal legal defense to…

Omokolade Ajayi Omokolade Ajayi
Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria.
BusinessHot News

Nigeria’s refined petroleum exports surge 148% to nearly $4 billion in Q2

The quarterly figure also marked a 66.2 percent increase from $2.37 billion in the first quarter.

Omokolade Ajayi Omokolade Ajayi
South African property chief Jackie van Niekerk
ExecutivesHot News

South African property chief Jackie van Niekerk’s Attacq stake tops $1.5 million

Jackie van Niekerk’s direct holding increased to 1,370,742 shares as of June 30, 2026, from 852,056 shares a year earlier.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s Femi Otedola enters $2 billion club on massive First HoldCo rally

Femi Otedola’s net worth has crossed $2 billion as First HoldCo shares rally, adding $260.2 million to his stake since…

Omokolade Ajayi Omokolade Ajayi
Johann Rupert, chairman of Richemont and Remgro Limited.
BusinessHot News

Johann Rupert’s Remgro sees headline earnings jump to $682 million as dividends surge

Remgro’s headline earnings rose 42.3% to $682 million in 2026, driven by stronger portfolio performance, cash generation, dividends and investments.

Feyisayo Ajayi Feyisayo Ajayi
Dar es Salaam Stock Exchange
Hot NewsBusiness

Top 10 companies by market capitalization on Dar es Salaam Stock Exchange

Top 10 companies on the Dar es Salaam Stock Exchange ranked by market capitalization, highlighting Tanzania’s most valuable listed stocks.

Feyisayo Ajayi Feyisayo Ajayi
South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

Patrice Motsepe’s ARC moves to take 77.94% stake in Alexander Forbes

Africa's first billionaire, Patrice Motsepe’s ARC plans to raise its Alexander Forbes stake to 77.94% as Prudential Financial exits the…

Feyisayo Ajayi Feyisayo Ajayi
KCB Bank Kenya green finance
BusinessHot News

KCB Bank Kenya secures $150 million to deepen green finance push

Kenya’s KCB Bank secures $150 million from AfDB to strengthen capital and accelerate green, climate-smart lending nationwide.

Air Tanzania to launch direct UK flights to Zanzibar, Kilimanjaro in 2027
TourismBusiness

Air Tanzania to launch direct UK flights to Zanzibar, Kilimanjaro in 2027

Air Tanzania is set to begin direct flights between the United Kingdom and Tanzania in July 2027, opening a faster route between Europe and two of East Africa’s leading tourism destinations.  The state-owned airline said it will operate nonstop flights from London Gatwick to Kilimanjaro International Airport, a key gateway for travelers heading to Tanzania’s safari circuit and Mount Kilimanjaro.…

Senegalese football star Sadio Mané
InvestmentsHot NewsSports

Senegalese football star Sadio Mané invests $20 million in hometown mango project

Sadio Mané is investing $20.4 million in a Senegal mango project with processing facilities, a plantation and 1,000 expected jobs.

Omokolade Ajayi Omokolade Ajayi
Banyan Group residences
TourismBusinessLifestyle

Banyan Group expands in Africa with 26 luxury hotels across 7 countries

Banyan Group expands its African luxury hospitality footprint with 26 Newmark properties across seven countries in a major growth push.

Oluwatosin Alao Oluwatosin Alao
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
EnergyHot News

Aliko Dangote plans $3.5 billion pipeline linking Namibia, Botswana, and South Africa

Dangote plans a $3.5 billion fuel pipeline linking Namibia, Botswana and South Africa as his refinery expands across Africa.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker James Mwangi
MarketsLatest News

Kenyan banker James Mwangi’s Equity Group stake tops $100 million after rally

Kenya’s richest banker James Mwangi sees his Equity Group stake top $100 million as a 54 percent stock surge drives record Nairobi exchange gains.

Omokolade Ajayi Omokolade Ajayi
South African billionaire Ivan Glasenberg
BillionairesBusinessLatest News

Glencore’s $2 billion lawsuit costs South African billionaire Ivan Glasenberg $1.3 billion

South African billionaire Ivan Glasenberg saw his net worth plunge by $1.3 billion as Glencore faces a $2 billion legal battle.

Omokolade Ajayi Omokolade Ajayi
Jens Montanana, Datatec Founder & CEO
ExecutivesBusiness

Datatec CEO Jens Montanana earns $12.5 million in 2026

Jens Montanana's pay reached $12.5 million at Datatec in 2026 as profit jumped 57%, lifting his compensation by 53%.

Timilehin Adejumobi Timilehin Adejumobi
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