Feyisayo Ajayi

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Orion Minerals’ longtime investor Tembo Capital exits after nearly 10 years

Orion Minerals’ longtime investor Tembo Capital has exited after nearly a decade, as new shareholders back its Prieska copper-zinc mine development.

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Woolworths wins court approval to sell liquor at Dainfern Square store in South Africa

Woolworths wins interim court approval to sell liquor at its Dainfern Square store in Johannesburg while challenging a licence lapse ruling.

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Asarian Energy plans 4,500-metre drilling programme at Namibia uranium deposit

Asarian Energy plans 4,500 metres of drilling at Namibia’s Namibplaas uranium deposit to improve resource confidence and assess upgrade potential.

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Equity Group CEO James Mwangi lands Global development role

Equity Group CEO James Mwangi joins the South-North Commission as its sole African business leader among 20 commissioners shaping global development.

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Ugandan tycoon Sudhir Ruparelia’s former Crane Bank building set for I&M Bank branch

Ugandan tycoon Sudhir Ruparelia’s former Crane Bank property in Ntinda is set to reopen as an I&M Bank Uganda branch.

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OCI wins court battle as Amsterdam court rejects shareholder inquiry

OCI wins legal battle as Amsterdam court rejects shareholder inquiry into Nassef Sawiris-backed OCI and its governance, filed by Dutch investors.

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IFAD, Equity Group’s 12-year blended finance to generate $266 million for farmers, MSMEs 

IFAD and Equity Group's 12-year blended finance mechanism expected to generate $266 million in loans for East African farmers and MSMEs.

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Woolworths acquires South African food producer in2food to strengthen premium food business

Woolworths will acquire South African food producer in2food after regulatory approval, strengthening its premium food business and supply chain.

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Prosus says Just Eat Takeaway returns to growth as iFood holds 80% of Brazil’s market

Prosus says Just Eat Takeaway returned to growth in September, while iFood retained 80% of Brazil’s food delivery market.

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IFC commits $3.2 million to accelerate industrial decarbonization across Africa

IFC launches a $3.2 million project to accelerate industrial decarbonization, targeting Africa’s manufacturing, agribusiness and services sectors.

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Harmony Gold CEO, 9 top executives sell $8.7 million in vested shares

Harmony Gold CEO Beyers Nel and nine executives sold $8.7 million in vested shares after deferred awards vested under the company’s 2018 plan.

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OCI faces shareholder challenge over NNS cash offer, Orascom deal

OCI Global responds to shareholder concerns over NNS’ cash offer, dividend tax structure and proposed combination with Orascom Construction.

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