Feyisayo Ajayi

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Cameroon tourism development programme
BusinessHot News

Cameroon launches $18 million tourism programme to boost visitor arrivals

Cameroon launches an $18 million tourism programme to upgrade infrastructure, promote domestic travel and attract more international visitors.

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African billionaires luxury hotel developers
Hot NewsBillionairesBusiness

10 African billionaires building luxury hotels across the continent

African billionaires are financing luxury hotels across the continent, partnering global brands to transform tourism and real-estate markets.

Feyisayo Ajayi Feyisayo Ajayi
IFC Somalia microfinance loan
BusinessHot News

IFC plans $1 million loan for KIMS Microfinance to expand financial inclusion in Somalia

IFC plans a $1 million Sharia-compliant loan to KIMS Microfinance to expand credit access for microenterprises and boost financial inclusion in Somalia.

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IFC investment in Lightrock Africa Fund
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IFC invests $20 million in Lightrock Africa Fund II

IFC considers $20 million investment in Lightrock Africa Fund II to boost high-growth African firms and strengthen regional private equity.

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Angola trade finance IFC
BusinessHot News

Banco de Fomento Angola gains $30 million IFC trade guarantee

IFC plans $30 million trade finance for Banco de Fomento Angola, boosting cross-border transactions and business access to global markets.

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Centum Sidian Bank stake sale
BusinessHot News

Centum, linked to Kirubi family, exits Sidian Bank after 25 years with final stake sale

Centum exits Sidian Bank after 25 years, selling its final stake and ending one of Kenya’s longest-running banking investments.

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Kampala luxury apartments
Hot NewsBillionairesLuxury

Inside Sudhir Ruparelia’s Kololo project: Kampala’s new luxury residential landmark

Ugandan tycoon Sudhir Ruparelia develops One Ten Apartments, a 15-storey luxury tower redefining upscale urban living in Kampala.

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Zimbabwe dairy processor Dendairy acquisition
BusinessHot News

Mauritius-based Group expands Zimbabwe agribusiness footprint with Dendairy acquisition

ETG subsidiary Vamara acquires Zimbabwe dairy processor Dendairy after regulatory approval, aiming to stabilize production and expand operations.

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MNT-Halan debt program
BusinessHot News

MNT-Halan targets debt program worth over $570 million

Egyptian fintech MNT-Halan plans a $572 million debt program to fund expansion across Egypt, Turkey, Pakistan and the UAE.

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Orchidia Pharmaceutical
BusinessHot News

SPE Capital invests in Egypt’s Orchidia to expand ophthalmic drug production

SPE Capital and development finance partners invest in Egypt’s Orchidia Pharmaceutical to expand eye-care drug production and accelerate regional exports.

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world’s most important maritime chokepoints
BusinessHot News

20 world’s most important maritime chokepoints, like the Strait of Hormuz

Twenty strategic maritime chokepoints, from the Strait of Hormuz to Malacca, carry the bulk of global oil, cargo and trade flows.

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Fertiglobe 2025 dividend payout
BusinessHot News

Fertiglobe approves $260 million dividend payout for 2025 after strong earnings

Fertiglobe, backed by Abu Dhabi National Oil Company, approves $260 million 2025 dividends, lifting total capital returns to $334 million after strong earnings growth.

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