Daniel Ofori
BusinessHot News

Ghana’s richest investor Daniel Ofori hit by $24 million loss on Soc. Gen. Ghana stake in 143 days

Ghana’s top investor Daniel Ofori loses $24 million on Societe Generale Ghana stake amid cedi depreciation and share price volatility.

Feyisayo Ajayi Feyisayo Ajayi
Stanley Bergman
BusinessHot News

South African-born executive Stanley Bergman exits Henry Schein after 45 years with $53 million stake

Stanley Bergman exits Henry Schein after 45 years, stepping down in 2025 with a $53 million stake after transforming the…

Feyisayo Ajayi Feyisayo Ajayi
World’s richest Black person Aliko Dangote
BillionairesBusinessHot News

World’s richest Black person Aliko Dangote eyes $100 billion empire on oil, fertilizer

At present, the Dangote Group generates roughly $20 billion in annual revenue.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
BusinessBillionairesHot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $238 million half-year profit

The stronger bottom line was supported by steady growth in revenue across the business.

Omokolade Ajayi Omokolade Ajayi
Apex Education
BusinessHot News

Apex Education Group transforms former Louisenhof Cellar into campus, plans 10 schools

Apex Education converts Stellenbosch wine cellar into affordable school, targeting 10,000 student capacity nationwide.

Feyisayo Ajayi Feyisayo Ajayi
MTN Group's chair across African markets
Hot NewsBusinessExclusive

10 chairpersons driving MTN Group growth across Africa

MTN Group’s growth across Africa is driven by local chairpersons shaping regulation, capital strategy and trust in 16 markets.

Feyisayo Ajayi Feyisayo Ajayi
Marriott International, the world’s largest hotel chain.
LuxuryBusinessHot News

Marriott to add nine Egypt hotels with more than 1,800 rooms under new deal

The agreement, signed at the government headquarters in New Alamein City, covers projects in key coastal spots and urban hubs.

Omokolade Ajayi Omokolade Ajayi
Dr. Awele Vivien Elumelu.
Hot NewsBusiness

Dr. Awele Elumelu leads Transcorp Hotels to N10.5 billion first-half profit

The results highlight the company's ability to protect earnings in a more demanding business environment.

Omokolade Ajayi Omokolade Ajayi
Hani Berzi
BusinessHot News

Hani Berzi’s Edita Foods stake drops by $100 million in 165 days

Hani Berzi loses nearly $100 million as Edita Foods shares slide on Egypt Exchange, pressured by pound devaluation.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s first Black billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe sees net worth dip under $3.5 billion after bold $1 billion mining gamble

The drop reflects the weaker market value of his 43.66 percent stake in ARM, equivalent to 91,133,393 shares.

Omokolade Ajayi Omokolade Ajayi
Lithium
Hot NewsBusiness

Zimbabwe eyes lithium battery manufacturing as processing push gains ground

The plan marks the next stage of Zimbabwe's effort to earn more from one of its most valuable mineral resources.

Omokolade Ajayi Omokolade Ajayi
Afreximbank
BusinessHot News

Zimbabwean fuel importer Witeva closes $5.3 million deal via Afreximbank platform

Zimbabwe’s Witeva Trading completes $5.3 million fuel deal via Afreximbank platform, highlighting digital trade ecosystem growth in Africa.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Tony Elumelu
Hot NewsBillionairesBusiness

Transcorp, led by Nigerian billionaire Tony Elumelu, grows assets to $797 million

Total assets increased to N1.09 trillion ($797 million), up from N1 trillion ($730.6 million) at the end of 2025.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Femi Otedola
Hot NewsBillionairesBusiness

Femi Otedola buys $57 million more First HoldCo shares, stake nears $900 million

The latest purchase further increases his holding in the lender, extending his lead as its largest shareholder as the bank…

Omokolade Ajayi Omokolade Ajayi
Kumba CEO, Mpumi-Zikalala
BusinessHot News

Kumba signs 20-year solar power deal to cut costs, emissions at Sishen mine

Kumba signs 20-year solar deal to cut power costs and emissions at Sishen, boosting renewables to about 45% of energy…

Feyisayo Ajayi Feyisayo Ajayi
Patrice Motsepe's ARm
BusinessHot News

Patrice Motsepe’s ARM approves $926 million Bokoni platinum project, restarts Nkomati nickel mine

ARM, African Rainbow Minerals, approves $926 million Bokoni platinum project and restarts Nkomati nickel mine to boost output and strengthen…

Feyisayo Ajayi Feyisayo Ajayi
Glencore
BusinessGlobal NewsHot News

Glencore plans 30,000-ton lead withdrawal from LME warehouses as inventories hit record highs

Glencore plans to withdraw 30,000 tons of lead from LME warehouses as inventories surge and trading dynamics shift globally.

Feyisayo Ajayi Feyisayo Ajayi
Commercial International Bank (CIB)
BusinessHot News

Egypt’s 10 most valuable firms in 2026

Egypt’s top firms gained as market value hit $77 billion, driven by banking strength, industrial growth, and rising investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Angelique Kidjo
EntertainmentGlobal NewsHot News

Grammy-winning Beninese singer Angélique Kidjo to debut at Carthage festival

Grammy-winning Angélique Kidjo will debut at Tunisia’s Carthage Festival, headlining July 23 with songs from her new album HOPE!! and…

Feyisayo Ajayi Feyisayo Ajayi
Cameroon's richest man Baba Ahmadou Danpullo.
BusinessBillionairesHot News

Cameroon’s richest man Baba Ahmadou Danpullo launches Danpullo Capital with Kessner

Cameroon’s richest man Baba Ahmadou Danpullo launches Danpullo Capital with Kessner to manage assets and fund high-growth projects across Central…

Feyisayo Ajayi Feyisayo Ajayi
Marriott-International
LuxuryTourism

10 Africa’s fastest-growing global hotel groups in expansion race

Top hotel groups like Marriott, Hilton, and Accor are rapidly expanding in Africa.

silvan-safari-lodge Lounge
LuxuryTourism

Silvan Safari Lodge: Redefining Ultra-Luxury Safari in Sabi Sand

Silvan Safari Lodge blends design-led luxury suites with immersive wildlife experiences near Kruger National Park.

Aspen Building
BusinessHot News

Aspen, MSD join forces to expand HIV prevention across Africa

Aspen MSD HIV prevention Africa partnership aims to expand access to a once-monthly HIV prevention pill across the continent.

Timilehin Adejumobi Timilehin Adejumobi
De Beers issues layoff notices at Limpopo mine despite worker support pledge
BusinessHot News

De Beers issues layoff notices at Limpopo mine despite worker support pledge

De Beers faces possible job cuts at South Africa’s Venetia diamond mine as weak diamond prices force a two-year production pause.

Oluwatosin Alao Oluwatosin Alao
James Formby, Pick n Pay chair
BusinessHot News

Pick n Pay Chair James Formby takes lead role at Vukile Property Fund

James Formby Vukile Property Fund appointment strengthens board oversight as the Pick n Pay chair takes a lead independent role.

Timilehin Adejumobi Timilehin Adejumobi
Daniel Ofori
BusinessHot News

Ghana’s richest investor Daniel Ofori hit by $24 million loss on Soc. Gen. Ghana stake in 143 days

Ghana’s top investor Daniel Ofori loses $24 million on Societe Generale Ghana stake amid cedi depreciation and share price volatility.

Feyisayo Ajayi Feyisayo Ajayi
Stanley Bergman
BusinessHot News

South African-born executive Stanley Bergman exits Henry Schein after 45 years with $53 million stake

Stanley Bergman exits Henry Schein after 45 years, stepping down in 2025 with a $53 million stake after transforming the healthcare giant.

Feyisayo Ajayi Feyisayo Ajayi
World’s richest Black person Aliko Dangote
BillionairesBusinessHot News

World’s richest Black person Aliko Dangote eyes $100 billion empire on oil, fertilizer

Aliko Dangote is targeting a $100 billion business empire by 2030 through major investments in refining, fertilizer and cement.

Omokolade Ajayi Omokolade Ajayi
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