Oluwatosin Alao

800 Articles
IMF
BusinessHot News

IMF holds more talks with Gabon on debt, fiscal reforms

Gabon moves closer to an IMF program as debt talks continue, with the country seeking reforms and $2 billion in planned 2027 market funding.

Oluwatosin Alao Oluwatosin Alao
Abuja Continental Hotel
TourismLuxury

Continental Hotels expands Nigeria’s luxury hospitality landscape with two major hotels

Continental Hotels Nigeria is expanding its Lagos and Abuja hospitality platform with nearly 1,000 rooms, major upgrades and tourism investments.

Oluwatosin Alao Oluwatosin Alao
New Development Bank
BusinessEnergy

NDB approves $200 million loan for South Africa’s Olifants water project

South Africa secures a $200 million NDB loan to fund Limpopo’s Olifants water project, boosting water security for communities and industry.

Oluwatosin Alao Oluwatosin Alao
Umphakathi Mall
BusinessLuxury

South Africa’s CPC moves to acquire Umphakathi Mall in Randfontein

CPC plans to acquire Umphakathi Mall in Randfontein, expanding its R9.3 billion community property portfolio across South Africa.

Oluwatosin Alao Oluwatosin Alao
Afreximbank
BusinessBankingTechnology

Afreximbank backs $29 million push to transform East Africa’s border trade

Afreximbank backs a $29 million digital customs guarantee for East Africa as EAC trade reaches $52.3 billion in the second quarter of 2026.

Oluwatosin Alao Oluwatosin Alao
Zambia National Commercial Bank (Zanaco)
BusinessBanking

Zambia’s Zanaco launches $100 million program for green, social projects

Zanaco launches a $100 million bond program to fund renewable energy, SMEs, affordable housing, health care and other projects in Zambia.

Oluwatosin Alao Oluwatosin Alao
Naked Coffee
LifestyleLuxury

Naked Coffee to open at luxury One Rosebank development

Naked Coffee is expanding its Johannesburg footprint with a new store at One Rosebank, adding to its six-location South African network.

Oluwatosin Alao Oluwatosin Alao
Dangote Group
BusinessEnergy

Dangote joins Ethiopia, Djibouti in $660 million oil pipeline

Dangote joins Ethiopia and Djibouti in a $660 million oil pipeline project designed to cut fuel logistics costs and strengthen energy security.

Oluwatosin Alao Oluwatosin Alao
South Africa races to protect auto exports as EV era reshapes global trade
BusinessTechnology

South Africa races to protect auto exports as EV era reshapes global trade

South Africa is using a 150% EV tax deduction to protect auto exports as manufacturers weigh Asia, costs and future production investment.

Oluwatosin Alao Oluwatosin Alao
South African tycoon Adrian Gore
BusinessTechnology

South African tycoon Adrian Gore’s Discovery targets U.S. health insurance market

Discovery CEO Adrian Gore is targeting a $100 million U.S. Vitality business as Google AI and three acquisitions accelerate its health insurance push.

Oluwatosin Alao Oluwatosin Alao
South African Reserve Bank
BusinessMarkets

South African Reserve Bank raises rate to 7.25% as global risks mount

South Africa’s Reserve Bank raises its policy rate to 7.25% as fuel prices lift inflation risks and economic growth remains under pressure.

Oluwatosin Alao Oluwatosin Alao
TotalEnergies
BusinessEnergy

TotalEnergies, AMNI approve Nigeria’s Ima offshore gas project

TotalEnergies and AMNI approve Nigeria’s Ima offshore gas project, targeting 2028 output to supply Nigeria LNG’s Train 7 expansion.

Oluwatosin Alao Oluwatosin Alao