Oluwatosin Alao

800 Articles

MTN tests investor appetite as IHS Towers deal raises funding needs

MTN Group is testing investor appetite as it prepares to fund its $2.2 billion purchase of IHS Towers shares and weighs new debt options.

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Capitec expands Smart ID services to 242 branches across South Africa 

Capitec now offers Smart ID services at 242 branches across South Africa as Home Affairs expands its bank-based digital rollout.

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Gabon’s SAMB’A expands Microinsurance business into Cameroon

Gabon’s Samb’a targets Cameroon’s $511.15 million insurance market with microinsurance products starting at $6.19 a month.

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Air Tanzania suspends Moscow flights as Russian airspace risks rise

Air Tanzania suspends Moscow flights over airspace safety concerns, offering passengers refunds or rebooking as Russia-Ukraine risks rise.

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CAMTEL deal to bring internet access to private universities across Cameroon

CAMTEL has signed a deal to expand broadband, campus connectivity and secure data-hosting services across Cameroon’s private universities.

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IDC to sell about 10.5% stake in Namibia’s Rössing uranium mine

IDC plans to sell about 10.5% of Namibia’s Rössing uranium mine after sanctions concerns, with 35 proposals already reported.

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Inside South Africa’s 114-year-old tram depot turned shopping mall

Discover how Pretoria’s 114-year-old Tramshed evolved from an electric tram depot into a modern shopping mall in South Africa.

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South Africa’s Implats posts $2 billion profit, delivers over $1 billion to shareholders

Implats generated $1.38 billion in free cash and returned $1.06 billion to shareholders as stronger PGM prices lifted FY2026 earnings.

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Renaprov pushes ahead with BVMAC listing after $1.94 million raise

Renaprov pushes ahead with its BVMAC listing after rejection, despite raising $1.94 million from investors, just 13% of its target.

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Côte d’Ivoire taps Mistral AI in $2.3 billion push to expand AI

Côte d’Ivoire partners with Mistral AI as it advances a $2.3 billion national AI strategy across agriculture, health and public services.

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China’s Zoomlion targets Mozambique’s farm market with machinery push

China’s Zoomlion is targeting Mozambique’s farm machinery market as it seeks local partnerships and more affordable equipment for farmers.

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Kazera secures mining right approval in South Africa’s Northern Cape

Kazera Global wins approval for a Northern Cape mining right, clearing the way for its $369.3 million heavy mineral sands project.

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