South Africa’s Zeder advances Zaad disposal as key approvals remain outstanding

Zeder has secured competition approval for its Zaad disposal in South Africa, but central bank clearance and other conditions remain…

Feyisayo Ajayi Feyisayo Ajayi

Assore sues ARM over Assmang 8 months after Patrice Motsepe’s executive retirement

Assore has sued ARM over management and executive appointment rights at Assmang, eight months after Patrice Motsepe’s executive retirement.

Feyisayo Ajayi Feyisayo Ajayi

Peter Makama’s Anix Trading faces fresh legal hurdles in $1.1 million municipal dispute

Peter Makama’s Anix Trading faces a halt to enforcement of a R20.04 million ($1.1 million) award as Lesedi municipality’s appeal…

Feyisayo Ajayi Feyisayo Ajayi

Standard Bank underwrites $545 million to overhaul South Africa’s Gautrain network

The deal extends the bank’s anchor backing nearly two decades after it funded the system’s initial rollout.

Omokolade Ajayi Omokolade Ajayi

South Africa’s new $38 million luxury hub sells out 76% before construction

The record run highlights capital concentration in master-planned nodes that buffer occupants from regional infrastructure shortfalls.

Omokolade Ajayi Omokolade Ajayi

South African tycoon Adrian Gore earns $2.4 million pay from Discovery in 2026

Gore’s remuneration included a base salary of R10.08 million (611,501) and a short-time incentive of R13.27 million ($804,109).

Timilehin Adejumobi Timilehin Adejumobi

Nigerian tycoon Kola Karim courts French investors to drive West African trade push

The bilateral talks, held during the Bpifrance Inno Generation summit, brought together 14 African corporate heavyweights and 250 French enterprises.

Omokolade Ajayi Omokolade Ajayi

I&M Bank wins $5.5 million tax battle against Kenya Revenue Authority

The victory delivers immediate financial relief to the Nairobi Securities Exchange-listed lender.

Omokolade Ajayi Omokolade Ajayi

South African tycoon Mzi Khumalo may lose Zimbabwe gold mines over $70 million debt

The unpaid sum stems from the buyout of Bulawayo Mining Company, whose flagship How Mine, Mazowe, and Redwing assets anchor…

Omokolade Ajayi Omokolade Ajayi

Ecobank joins Africa’s yuan-clearing race 102 days after Standard Bank

Ecobank has signed a CIPS agreement to expand yuan payment services across Africa, following Standard Bank’s entry into renminbi clearing.

Feyisayo Ajayi Feyisayo Ajayi

O.R. Tambo Airport expansion: $904 million boost for South Africa tourism

O.R. Tambo Airport’s $904 million expansion upgrades infrastructure, boosts reliability and elevates South Africa’s tourism competitiveness globally.

Thousands of jobs at risk as South Africa’s Tongaat Hulett faces liquidation

Thousands of jobs are at risk as South African sugar producer Tongaat Hulett faces liquidation after a failed $737 million rescue plan.

South Africa’s Zeder advances Zaad disposal as key approvals remain outstanding

Zeder has secured competition approval for its Zaad disposal in South Africa, but central bank clearance and other conditions remain outstanding.

Feyisayo Ajayi Feyisayo Ajayi

Assore sues ARM over Assmang 8 months after Patrice Motsepe’s executive retirement

Assore has sued ARM over management and executive appointment rights at Assmang, eight months after Patrice Motsepe’s executive retirement.

Feyisayo Ajayi Feyisayo Ajayi

Peter Makama’s Anix Trading faces fresh legal hurdles in $1.1 million municipal dispute

Peter Makama’s Anix Trading faces a halt to enforcement of a R20.04 million ($1.1 million) award as Lesedi municipality’s appeal proceeds.

Feyisayo Ajayi Feyisayo Ajayi

Standard Bank underwrites $545 million to overhaul South Africa’s Gautrain network

Standard Bank underwrites a $545 million deal to upgrade South Africa’s Gautrain rail network under a new 15-year pact.

Omokolade Ajayi Omokolade Ajayi

Boipelo Lekubo Harmony Gold’s finance boss bags $1.3 million in bold equity play

Boipelo Lekubo pocketed $1.34 million in an open-market share sale while reinvesting heavily into Harmony Gold equity, raising her total stake.

Omokolade Ajayi Omokolade Ajayi

Nigerian tycoon Kola Karim courts French investors to drive West African trade push

Nigerian tycoon Kola Karim courts French investors in Paris to finance cross-border trade, joint ventures, and West African infrastructure.

Omokolade Ajayi Omokolade 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 new $38 million luxury hub sells out 76% before construction

Aspire Waterfall City sells 76% of its R624 million ($38 million) units before construction, proving strong demand for secure Gauteng luxury living.

Omokolade Ajayi Omokolade Ajayi

De Beers returns to Israeli diamond market after nine years

De Beers returns to Israel's diamond market after nine years as tax reforms seek to revive trade amid falling prices and exports.

Timilehin Adejumobi Timilehin Adejumobi

Meliá Maputo Sky: Luxury living above Mozambique’s capital

Meliá Maputo Sky combines luxury rooms, Maputo Bay views, fine dining, spa facilities and conference venues in Mozambique’s capital.

Timilehin Adejumobi Timilehin Adejumobi