Feyisayo Ajayi

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IFC African Frontier Capital solar financing
Hot NewsBusiness

Mauritius-based African Frontier Capital gets IFC backing for $125 million off-grid solar financing platform

IFC weighs $30 million loan to African Frontier Capital platform to expand off-grid solar access and mobilize $125 million funding.

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IFC Banco Industrial $850 million financing
Global NewsHot News

IFC backs Banco Industrial with $850 million to boost Guatemala’s banking sector

IFC plans $850 million financing for Banco Industrial to strengthen Guatemala’s banking sector and deepen capital markets.

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AB InBev chairman retirement
BusinessGlobal NewsHot News

Chairman of the world’s largest brewer, Martin Barrington to retire after nearly a decade on board

AB InBev Chairman Martin Barrington will retire April 29, ending nearly a decade overseeing strategy, governance and global growth.

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Noluthando Gosa MTN South Africa board
BusinessHot News

MTN taps Noluthando Gosa for South Africa board role amid governance expansion

MTN appoints Noluthando Gosa to its South Africa board, strengthening governance and strategic oversight in its largest market.

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Sim Tshabalala, CEO of Standard Bank Group.
BusinessHot News

Standard Bank Group plans $6 billion corporate banking revenue growth by 2028

Standard Bank CEO Sim Tshabalala eyes $6 billion CIB revenue by 2028, boosting Africa growth amid rising infrastructure and trade demand.

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Accelerate Property Fund
BusinessHot News

Accelerate Property Fund advances $117 million restructuring, boosts Fourways Mall after Michael Georgiou’s exit

Accelerate Property Fund invests $116.5 million in Fourways Mall upgrades, cuts vacancies, and reshapes retail portfolio after founder exit.

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IFC SONOCO poultry Guinea
BusinessHot News

Guinean businessman Abdoul Karim Diallo gets $20 million to build country’s first poultry platform

IFC backs SONOCO with $20 million to build Guinea’s first integrated poultry platform, boosting food security and cutting imports.

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Atedo Peterside Stanbic IBTC dividend
BillionairesBusinessHot News

Nigerian tycoon Atedo Peterside’s Stanbic IBTC stake nears $25 million on 2026 share surge

Atedo Peterside’s Stanbic IBTC stake nears $25 million as shares surge, driven by strong earnings and renewed investor demand.

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Gulf Energy Kenya oilfields
BusinessBillionairesHot News

Gulf Energy clears $30.8 million payment to Tullow, takes helm of Kenya’s oilfields

Gulf Energy completes $30.8 million payment to Tullow, gaining full control of Kenya’s Turkana oilfields and first oil prospects.

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IFC Mali agribusiness financing
BusinessHot News

IFC backs $22 million Mali agribusiness project with blended financing support

IFC plans €13 million ($15 million) financing for Mali wheat mill, boosting food security, local processing and climate-aligned infrastructure.

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Femi Otedola First HoldCo stake
BillionairesBusinessHot News

Nigerian billionaire Femi Otedola, Samuel Babatunde Sule’s First HoldCo stake nears $700 million

Femi Otedola and Tunde Hassan-Odukale’s First HoldCo stake nears $700 million as banking stock rally lifts investor wealth on NGX.

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Chakib Alj
BusinessHot News

Moroccan industrialist Chakib Alj’s $179 million Forafric deal to reshape North Africa’s agro‑industrial sector

Chakib Alj targets a $179 million Forafric stake, aiming to reshape Morocco’s milling sector and strengthen food security.

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