Oluwatosin Alao

803 Articles
Alan Dickson
BusinessHot News

South Africa’s AECI names Alan Dickson as new group CEO

South African chemicals and explosives group AECI has appointed Alan Dickson as its new Group Chief Executive Officer and executive director, selecting a long-time industrial executive to steer the company through its next phase of restructuring and growth.  The appointment, effective July 1, 2026, follows a board-led selection process overseen by AECI’s nominations, governance and directors affairs committee. Dickson will…

Oluwatosin Alao Oluwatosin Alao
South Africa’s Prieska
BusinessTourism

South Africa’s Prieska emerges as a billion-rand investment hotspot

South Africa's Prieska is attracting billions in investment as booming pistachio farming transforms the Karoo economy.

Oluwatosin Alao Oluwatosin Alao
STAMICO opens a new salt processing plant in Lindi Region
BusinessGlobal News

STAMICO opens a new salt processing plant in Lindi Region

Tanzania opens a STAMICO salt plant in Lindi to support small producers, boost local processing and reduce salt imports.

Oluwatosin Alao Oluwatosin Alao
$650 million AfDB boost puts Uganda Rail project back on track
BusinessGlobal News

$650 million AfDB boost puts Uganda Rail project back on track

AfDB backs Uganda’s $650 million railway project, reviving Malaba-Kampala SGR to boost trade and regional connectivity.

Oluwatosin Alao Oluwatosin Alao
Lighthouse acquires Hotelrank.ai
TechnologyLuxury

Lighthouse acquires Hotelrank.ai to boost AI visibility in African hospitality

Lighthouse acquires Hotelrank.ai to help hotels improve AI visibility, rankings and direct bookings on ChatGPT and Gemini.

Oluwatosin Alao Oluwatosin Alao
Mamelodi Square
BusinessHot News

South Africa’s Putprop sells 50% stake in Mamelodi Square for $9 million

Putprop sells 50% Mamelodi Square stake for $9 million, exits township retail asset as it reshapes JSE property portfolio strategy.

Oluwatosin Alao Oluwatosin Alao
Eskom appoints Junaid Munshi to lead its distribution unit
BusinessHot News

Eskom names Junaid Munshi to lead power distribution from June 2026

Eskom appoints Junaid Munshi to lead its distribution unit as South Africa pushes to improve power supply.

Oluwatosin Alao Oluwatosin Alao
Pep’s new bank PlusB to cost $62 million as Africa fintech race heats up
BusinessTechnology

Pep’s new bank PlusB to cost $62 million as Africa fintech race heats up

Pepkor targets $62 million digital bank launch as it prepares PlusB entry into South Africa’s fintech sector by 2027.

Oluwatosin Alao Oluwatosin Alao
Life Healthcare to open new $44 million hospital in South Africa’s Paarl
BillionairesGlobal News

Life Healthcare to open new $44 million hospital in South Africa’s Paarl

Life Healthcare is expanding its presence in South Africa’s Western Cape with plans to open a new $44 million hospital in Paarl, as demand for private healthcare and specialist medical services continues to grow in the region.  The new facility, Life Paarl Valley Hospital, is expected to open in the second half of 2027. The project adds to a wave…

Oluwatosin Alao Oluwatosin Alao
Alvarez & Marsal expands in Africa as global investors target growth
BusinessGlobal News

Alvarez & Marsal expands in Africa as global investors target growth

Alvarez & Marsal has opened its first office in Africa in Cape Town, marking an expansion into a region drawing increased attention from global investors. The advisory firm is targeting opportunities in infrastructure, mining, and energy as demand rises for projects linked to the energy transition and industrial growth.  The move comes as investors reassess Africa’s long-term investment outlook, driven…

Oluwatosin Alao Oluwatosin Alao
Meta expands paid subscriptions on Instagram, Facebook, WhatsApp in Africa
TechnologyBusiness

Meta expands paid subscriptions on Instagram, Facebook, WhatsApp in Africa

Meta Platforms is expanding its paid subscription services across Instagram, Facebook and WhatsApp, deepening the company’s efforts to build new sources of revenue beyond digital advertising.  The rollout introduces premium features aimed at creators, small businesses and users looking for more control over how they engage on the platforms. Instagram Plus and Facebook Plus will each cost $3.99 a month,…

Oluwatosin Alao Oluwatosin Alao
Val de Vie Estate ranks among top global wellness communities in 2026
LuxuryBusiness

Top South African estate ranked among world’s best wellness communities

South Africa’s high-end property market is drawing fresh international attention after Val de Vie Estate in the Western Cape was ranked among the world’s leading wellness communities.  The luxury estate in the Paarl-Franschhoek Valley was named in the Global Wellness Institute’s 2026 Wellness Real Estate Atlas, a report widely followed in the global property and wellness sectors. Val de Vie…

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