Oluwatosin Alao

672 Articles
Rwanda secures $80 million to expand financing for small businesses
BusinessGlobal News

Rwanda secures $80 million to expand financing for small businesses

Rwanda has secured $80 million in concessional financing to expand affordable credit for MSMEs and strengthen private-sector resilience.

Oluwatosin Alao Oluwatosin Alao
Accor sets sights on 25,000 new hotel rooms across Egypt
TourismBusiness

Accor sets sights on 25,000 new hotel rooms across Egypt

Accor plans to add 25,000 hotel rooms in Egypt within three years, expand its brands and support hospitality training through a new academy.

Oluwatosin Alao Oluwatosin Alao
Coca-Cola HBC cleared to merge with CCBA
BusinessHot News

Coca-Cola HBC cleared to merge with CCBA, expanding its Africa reach

Coca-Cola HBC wins approval to acquire 75% of CCBA, expanding its African bottling reach and backing South Africa with a $1.09 billion investment.

Oluwatosin Alao Oluwatosin Alao
City Lodge Hotels
TourismBusiness

City Lodge Hotels lifts earnings, plans expansion across South Africa

City Lodge Hotels lifts revenue 10% as international tourists support earnings and fuel expansion plans in South Africa’s key tourism markets.

Oluwatosin Alao Oluwatosin Alao
Namibia secures $3.6 million to boost local green fertilizer production
BusinessHot News

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 ,
BusinessHot News

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
BusinessHot News

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
BusinessHot News

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
BusinessHot News

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 .
BusinessHot News

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