Feyisayo Ajayi

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OCI Global strategic overhaul
BusinessHot News

OCI generates $11.9 billion in strategic overhaul, returns $7 billion to shareholders

OCI generates $11.9 billion from asset sales, returning $7 billion to shareholders amid strategic overhaul and global energy volatility.

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Vizenge Kumwenda NICO stake
BusinessHot News

Malawian tycoon Vizenge Kumwenda’s NICO Holdings stake dips below $50 million after stock decline

Vizenge Kumwenda’s NICO stake falls below $50 million as shares decline, trimming gains after last year’s rally on Malawi Stock Exchange.

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Sam Darwish IHS share sale
Hot NewsBusiness

IHS CEO Sam Darwish sells $710,000 shares after MTN $6.2 billion deal

IHS Holding CEO Sam Darwish sells $710,000 in shares under trading plan, signaling routine equity move tied to compensation.

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IFC Atlas Tower Kenya financing
TechnologyHot News

IFC backs Atlas Tower Kenya’s expansion with $30 million debt proposal

IFC weighs $30 million debt for Atlas Tower Kenya to expand telecom infrastructure and deploy green energy across underserved regions.

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Senegal maize productivity project
BusinessHot News

Tolbi secures IFC support to improve Senegal maize yields

IFC backs $600,000 advisory project to boost Senegal’s maize productivity, supporting AgTech firm Tolbi and strengthening food security.

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Malawi Stock Exchange profitable companies
BusinessHot News

Malawi’s 10 most profitable listed companies in 2025

Malawi Stock Exchange firms post $523.8 million profit in 2025, led by banks, telecoms, and Illovo Sugar’s strong earnings growth.

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UBA Group partnership
BusinessGlobal NewsHot News

UBA Group, BII partner to unlock trade finance across Africa

UBA, BII join to expand trade finance across Africa, bridging $80 billion gap and boosting SMEs via AfCFTA opportunities.

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Riyadh airport logistics upgrade
BusinessHot News

Elsewedy Electric’s Rowad begins major logistics upgrade at Riyadh airport

Elsewedy Electric’s Rowad begins major Riyadh airport upgrade, boosting cargo capacity and advancing Saudi Arabia’s logistics ambitions.

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IFC advisory program Namibia
BusinessHot News

Namibia’s investment agency gets IFC advisory program funding  to unlock private capital

IFC funds Namibia advisory program to boost private investment and develop bankable projects across key sectors.

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Co-op Bank Kenya dividend
BusinessHot News

Kenyan tycoon Gideon Muriuki set for $2.3 million Co-op Bank Kenya dividend

Kenyan tycoon Gideon Muriuki set for $2.3 million dividend as Co-op Bank Kenya posts stronger earnings, higher profits, and expanded customer base.

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IFC Kenya2Equal gender inclusion Kenya
BusinessHot News

IFC Kenya2Equal initiative targets gender gaps in Kenya’s private sector

IFC launches Kenya2Equal, a three-year initiative to close gender gaps and boost women’s participation in Kenya’s private sector.

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IFC $200 million Bank of Georgia MSME financing
Global NewsHot News

IFC eyes $200 million financing for Bank of Georgia to expand MSME lending

IFC considers $200 million financing for Bank of Georgia to expand MSME lending, boost financial inclusion, and support rural enterprise growth.

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