Feyisayo Ajayi

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Trafigura
BusinessHot News

Trafigura gets $7.5 million as Cameroon’s Sonara gasoline dispute moves to London

Trafigura receives $7.5 million from Cameroon’s Sonara as a gasoline quality dispute moves to London under English law and jurisdiction.

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Egyptian billionaire Nassef Sawiris.
BusinessHot News

OCI Global faces court challenge over Orascom Construction merger 

OCI Global faces a court challenge from Value8 seeking to halt its proposed Orascom Construction merger and delay the transaction.

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Discovery dividends
BusinessHot News

South African tycoon Adrian Gore’s Discovery posts $828 million profit in 2026

Discovery, founded by Adrian Gore, posted an $828 million profit in 2026, up 38.29% year over year, as South African and Vitality businesses grew.

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Credit du Marooc
BusinessHot News

Credit du Maroc to secure $13.5 million IFC risk-sharing facility

Credit du Maroc will receive a $13.5 million IFC facility to expand lending to agricultural SMEs and boost rural finance in Morocco.

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Exxaro Eskom coal supply deal
BusinessHot News

South Africa’s Exxaro to exit Moranbah South in $105 million deal

Exxaro will acquire Anglo American’s Moranbah South stake before selling the Australian coal asset to Stanmore Resources for $105 million.

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Egypt's Nawy
BusinessHot News

IFC to invest in Egypt’s Nawy as proptech platform expands

IFC is considering an equity investment in Egypt’s Nawy as the proptech platform expands its digital real estate ecosystem.

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Isaac Malevu
BusinessHot News

Industrial Development Corporation CFO Isaac Malevu to resign after nearly 6 years

Isaac Malevu will step down as IDC CFO and executive director on Nov. 30, 2026, after nearly six years with South Africa’s development financier.

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3C Coding
BusinessHot NewsTechnology

Egypt’s 3C Coding School raises $3 million to expand into Saudi Arabia

Egyptian EdTech startup 3C Coding School raises $3 million to expand into Saudi Arabia and develop an AI-powered learning platform.

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Shadwan Wind Power project
BusinessHot News

Egypt’s 900MW Shadwan Wind Power project attracts $100 million IFC financing

Egypt’s 900MW Shadwan Wind Power project is set to receive up to $100 million in proposed IFC financing as construction advances.

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Hot NewsBusiness

Cameroonian businessman Fabrice Siaka’s Sodinaf faces $6.5 million equipment dispute

Cameroonian businessman Fabrice Siaka’s Sodinaf faces a $6.47 million equipment ownership claim tied to its palm oil refining project in Douala.

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World Bank
BusinessHot News

World Bank plans $40 million investment in Camco Clean Energy fund for African renewable projects

World Bank’s IFC considers a $40 million investment in Camco Clean Energy’s fund to finance renewable projects across Africa.

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Gigmile
BusinessHot NewsTechnology

Nigerian entrepreneur Kayode Adeyinka-led Gigmile eyes $4 million IFC investment

Gigmile Technologies, founded by Kayode Adeyinka and Samuel Esiri, seeks up to $4 million in proposed IFC equity financing in Nigeria and Ghana.

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