Oluwatosin Alao

800 Articles
Namibia secures $3.6 million to boost local green fertilizer production
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Namibia secures $3.6 million to boost local green fertilizer production

Namibia secures $3.6 million to develop a green fertilizer project aimed at strengthening local supply and reducing exposure to global prices.

Oluwatosin Alao Oluwatosin Alao
Kenya set to receive $400 million in emergency World Bank funds ,
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Kenya set to receive $400 million in emergency World Bank funds

Kenya is set to access about $400 million in emergency World Bank financing as Ebola, El Niño and high energy costs pressure the economy.

Oluwatosin Alao Oluwatosin Alao
Benin commits $291 million to Niger trade route as border remains shut
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Benin commits $291 million to Niger trade route as border remains shut

Benin is investing $291 million to upgrade a key Niger trade route, but the border closure threatens the corridor’s regional trade potential.

Oluwatosin Alao Oluwatosin Alao
Sanlam
BusinessHot News

Sanlam expands financial services with South Africa banking launch

Sanlam will launch banking services in South Africa in November, expanding beyond insurance as it targets customers’ everyday financial needs.

Oluwatosin Alao Oluwatosin Alao
Kenya bets $92.7 million on Mombasa to drive jobs, manufacturing and exports
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Kenya bets $92.7 million on Mombasa to drive jobs, manufacturing and exports

Kenya is investing $92.7 million in a Mombasa special economic zone expected to create 10,000 jobs and boost manufacturing and exports.

Oluwatosin Alao Oluwatosin Alao
ExxonMobil
BusinessHot News

Angola announces new oil discovery with ExxonMobil, Block 15 Partners

Angola’s 20th oil discovery in Block 15 adds to a field that has produced over 2.7 billion barrels as the country seeks to sustain output.

Oluwatosin Alao Oluwatosin Alao
Mota-Engil secures $207 million deal for Mozambique gas works
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Mota-Engil secures $207 million deal for Mozambique gas works

Mota-Engil secured a $207 million Mozambique gas contract for preparatory works at Afungi, expanding its role in the country’s energy sector.

Oluwatosin Alao Oluwatosin Alao
Group CEO Estienne de Klerk and CFO José Snyders .
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Growthpoint appoints Estienne de Klerk as Group CEO as new era begins

Growthpoint Properties appoints Estienne de Klerk as CEO, placing a veteran leader at the helm of South Africa’s R160.1 billion($9.99 billion) property group.

Oluwatosin Alao Oluwatosin Alao
Old Mutual
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South Africa’s Old Mutual bank targets profit as customers near 1 million

Old Mutual’s new South African bank nears 1 million customers as it targets profitability by 2028 after a multibillion-rand investment.

Oluwatosin Alao Oluwatosin Alao
Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria
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Dangote Refinery unveils $14.3 billion expansion in Nigeria as it moves on IPO

Dangote Refinery plans a $14.3 billion expansion to double capacity as its $1.63 billion IPO opens investment to Nigerians and Africans.

Oluwatosin Alao Oluwatosin Alao
Thomas Holtz hands over the Multotec CEO role to Johan Robbertse at Electra Mining Africa 2026.
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South Africa’s Multotec names new CEO after 20 years under Thomas Holtz

Multotec appoints Johan Robbertse as Group CEO after Thomas Holtz’s 20-year tenure, as the South African mining equipment maker expands globally.

Oluwatosin Alao Oluwatosin Alao
Kropz
BusinessGlobal News

Kropz restructures South Africa phosphate operation amid Middle East pressure

Kropz is restructuring its South African phosphate operation after weak prices and rising costs pushed Elandsfontein deeper into financial pressure.

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