Feyisayo Ajayi

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IFC
BusinessHot NewsInvestmentsLatest

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
MiningExecutivesHot NewsLatest

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 Global
CompaniesLatest

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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Sibanye-Stillwater
CompaniesMining

Sibanye-Stillwater workers ratify new wage deal at Montana PGM operations

Sibanye-Stillwater workers ratify a three-year wage deal at Montana PGM operations, ending strike action and securing annual pay increases.

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Nneka Onyeali-Ikpe
BankingLatest

Fidelity Bank becomes Nigeria’s latest billion-dollar lender with $1.1-billion market cap

Fidelity Bank has joined Nigeria’s billion-dollar lenders after its market value rose to about $1.12 billion on the Nigerian Exchange.

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Naguib Sawiris
InvestmentsBillionairesLatest

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.

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Edwin Enwegbara, MD, Eauxwell Nigeria Limited
EnergyLatest

Nigeria’s Eauxwell seeks $12.75 million IFC-backed financing for 73 solar mini-grids

Eauxwell seeks $12.75 million in IFC-backed financing to develop 73 solar mini-grids across Nigeria, expanding renewable energy access.

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Rajnikant Chandulal Vora
CompaniesLatest

Kenya’s Revital Healthcare seeks $10 million IFC loan for Mombasa expansion

Kenya’s Revital Healthcare seeks up to $10 million from IFC to expand medical device manufacturing and healthcare logistics operations in Mombasa.

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BIG BOM
MarketsLatest

South African entrepreneur Hamint Daya wins court protection in BIG BOM trade dispute

South African entrepreneur Hamint Daya wins court protection for BIG BOM after a ruling halts rival POP GUM imports and sales over trademark claims.

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MNT-Halan
CompaniesLatest

MNT-Halan secures $38 million CIB backing ahead of Egypt listing

MNT-Halan has secured up to $38.2 million from CIB as a cornerstone investor ahead of its proposed listing on Egypt’s stock exchange.

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Santam becomes first African insurer to win Lloyd’s of London approval
Hot News

Sanlam offers $1.2 billion to take South Africa’s Santam private

Sanlam has offered $959.2 million to acquire minority shares in South African insurer Santam and take the 1964-listed company private.

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Gina Szymanski
ExecutivesLatest

Hammerson appoints Gina Szymanski as finance chief effective January 2027 

Hammerson appoints Gina Szymanski as CFO, effective January 2027, as the UK property group targets growth in retail real estate.

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