Feyisayo Ajayi

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South Africa’s Clientèle plans JSE exit amid low liquidity with premium share offer

Clientele plans JSE delisting with R19.9 ($1.18) share buyback, offering a 25.47% premium to unlock shareholder value.

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South African billionaire Tshepo Mahloele to pocket $22 million dividend after $840 million stake sale

Tshepo Mahloele eyes $22 million payout as Capitec Bank lifts dividend on strong earnings and rising customer activity.

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10 most valuable companies on Johannesburg Stock Exchange

JSE’s top firms anchor $250 billion in value, driving growth, resilience, and global investor access to Africa’s largest market.

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UAC of Nigeria posts $10 million Q1 profit as CHI boosts revenue under Fola Aiyesimoju

UAC of Nigeria posts $10m profit, revenue triples as C.H.I. acquisition drives strong Q1 2026 consumer goods growth.

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Novastar Ventures becomes $350 million African VC fund after $147 million raise

Novastar Ventures closes $147 million Africa People and Planet Fund III with Proparco backing, boosting climate-focused African startups funding

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World Bank Group, Standard Chartered launch $300M Africa trade finance facility

Standard Chartered launch a $300 million facility to boost supply chain finance and ease SME liquidity constraints across Africa.

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Botswana’s top 5 listed companies above $500 million by market value

Botswana Stock Exchange tops $70 billion as five giants in mining, banking, and trade drive liquidity, growth, and regional investor appeal.

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Reinet’s net asset falls to $7.7 billion as Johann Rupert’s firm faces market pressure

Reinet posts $7.73 billion NAV as market volatility drives annual decline despite steady long-term growth and diversified portfolio resilience.

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South Africa’s Capitec brings back former CEO Gerrie Fourie to board after cooling-off period

Capitec reappoints former CEO Gerrie Fourie to board after cooling-off period, strengthening governance and continuity amid strong earnings growth.

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Julius Mwale’s $2 billion smart-city bet: Rise, ambition, questions surrounding Kenya’s developer

Julius Mwale advances a $2 billion healthcare-led smart city in Kenya, pitching a scalable model while facing scrutiny over execution and scale.

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Alain Nkontchou’s Enko Capital backs Angola solar projects with $100 million

Enko Capital deploys $100M fund into Angola’s 72.4MW Luneta solar project, boosting renewable energy capacity and private credit use.

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IFC, Norfund back $83.2 million Nigeria energy push to reach 500,000 users

Nearly half a million Nigerian households are set to gain power access as IFC and Norfund commit $83.2 million to expand off-grid solar energy systems nationwide.

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