Oluwatosin Alao

672 Articles
Old Mutual
BusinessHot News

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
BusinessHot News

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.
BusinessHot News

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.

Oluwatosin Alao Oluwatosin Alao
MTN Group
BusinessGlobal News

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.

Oluwatosin Alao Oluwatosin Alao
Capitec
BusinessTechnology

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.

Oluwatosin Alao Oluwatosin Alao
Samb’a Finances Holding Building
BusinessHot News

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.

Oluwatosin Alao Oluwatosin Alao
Air Tanzania above the clouds
TourismBusiness

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.

Oluwatosin Alao Oluwatosin Alao
CAMTEL deal to bring internet access to private universities across Cameroon
TechnologyBusiness

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.

Oluwatosin Alao Oluwatosin Alao
IDC to sell about 10.5% stake in Namibia’s Rössing uranium mine
BusinessHot News

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.

Oluwatosin Alao Oluwatosin Alao
Tramshed Mall
LuxuryBusiness

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.

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

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.

Oluwatosin Alao Oluwatosin Alao