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South African billionaire Patrice Motsepe set to receive nearly $40 million dividend from ARM

Patrice Motsepe is set to receive nearly $40 million from…

Billionaires
Lekki Free Trade Zone: Africa’s ambitious gateway to industrial growth and global trade

Lekki Free Trade Zone in Lagos spans 16,500 hectares, blending…

Business
South African billionaire Patrice Motsepe’s ARM posts $183.6 million half-year profit

African Rainbow Minerals, led by Patrice Motsepe, reports $183.6 million…

Business
Richest Black US billionaire Alex Karp buys 37,000-acre Swedish forest

Palantir CEO Alex Karp buys 37,000 acres of Swedish forest…

Billionaires
Herotel to bring Amazon’s Leo satellite internet to South Africa in 2027

Amazon Leo satellite internet South Africa launches in 2027 through…

Technology

Park Hyatt launches Room 32, a luxe dining landmark

Park Hyatt’s launch marks a bold step in Johannesburg’s luxury hospitality, fusing…

Timilehin Adejumobi Timilehin Adejumobi

SPAR highlights retail’s role in tackling South Africa’s youth unemployment

For SPAR, whose independent retailers have served South African communities for more…

Omokolade Ajayi Omokolade Ajayi

Proparco and Grameen Crédit Agricole Foundation expand refugee finance program in Uganda

Proparco and Grameen Crédit Agricole Foundation expand refugee finance in Uganda to…

Feyisayo Ajayi Feyisayo Ajayi

Seychelles eyes MICE boom following 12% tourist jump

Seychelles targets business tourism growth with MICE events after a 12% rise…

Oluwatosin Alao Oluwatosin Alao

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

The move captures a strategic liquidity harvest alongside an expanding personal bet.

Omokolade Ajayi Omokolade Ajayi

Development Bank of Southern Africa renews pact to advance Africa’s green agenda through 2030

DBSA renews its partnership with France’s AFD to boost Africa’s green finance,…

Feyisayo Ajayi Feyisayo Ajayi

FirstRand CEO Mary Vilakazi takes $4.8 million pay in 2025

FirstRand CEO Mary Vilakazi earned $4.8 million in 2025, up sharply, as…

Feyisayo Ajayi Feyisayo Ajayi

Uchumi House Nairobi: Naivas-hosted 22-story property listed for $4.4 million

Uchumi House, Nairobi CBD’s 22-story prime property hosting Naivas, listed for $4.4…

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s Aswan wins D-8 tourist City honor

Aswan named D-8 Tourist City of the Year 2026, boosting Egypt’s tourism…

Oluwatosin Alao Oluwatosin Alao

IFC lines up $72 million for John Alamu’s Johnvents agribusiness expansion

IFC proposes $72 million in financing for John Alamu’s Johnvents to expand…

Feyisayo Ajayi Feyisayo Ajayi