Oluwatosin Alao

800 Articles

JSE Soybean ruling raises $43 million concern for South Africa’s farmers

South Africa’s soybean farmers face a potential R700 million($43.4 million) cost as Grain SA challenges the JSE’s single reference point ruling.

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Absa named custodian of South Africa’s Government pension fund

Absa has been appointed master custodian of South Africa’s $217 billion GEPF, expanding its role in the country’s institutional investment market.

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Uganda seeks up to $242 million from Citibank for infrastructure projects

Uganda seeks a $242 million Citibank loan to upgrade major roads in the east as rising debt-service costs put pressure on government finances.

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Inside Chobe Water Villas, a luxury retreat on Botswana’s Zambezi

Explore Chobe Water Villas in Namibia’s Zambezi Region, a luxury riverside retreat offering safari, wildlife, dining, wellness and adventure.

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Mozambique starts Topuito Industrial Park to boost SME opportunities

Mozambique has begun work on the Topuito Industrial Park, creating new opportunities for SMEs to supply the mining and wider economy.

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South Africa inflation falls to 4.3%, easing pressure on consumers

South Africa’s inflation rate fell to 4.3% in July, helped by lower fuel and food prices, easing pressure on consumers and the central bank.

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South Africa’s CMH seals $46 million deal for 13 dealership properties

South Africa’s CMH will spend $46 million on 13 dealership properties, cutting rental exposure and expanding its ownership of key real estate.

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Why One&Only Cape Town stands out among Africa’s luxury resorts

One&Only Cape Town blends waterfront luxury, fine dining, wellness and Table Mountain views, making it one of Africa’s standout resorts.

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Standard Bank eyes stake in Nigeria’s OPay ahead of U.S. IPO

Standard Bank is considering a stake in Nigeria’s OPay ahead of a potential U.S. IPO that could value the fintech company at about $4 billion.

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Terra Industries raises $52 million as Nigerian defense startup expands to Ghana

Terra Industries raises $52 million as the Nigerian defense startup expands drone manufacturing in Ghana and opens a London office.

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Gulf Hotels, Silva Gigiri sign deal for new Nairobi hotel project

Gulf Hotels Group signs a $30 million deal with Silva Gigiri to develop a 250-unit hotel and residence project in Nairobi, Kenya.

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South Africa’s Nonesi mall gets $4.68 million upgrade in Eastern Cape

Nonesi Mall in South Africa’s Eastern Cape is getting a R76.1 million upgrade, adding retail space, new tenants and 356 jobs.

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