Oluwatosin Alao

727 Articles
Boere Monaco
LifestyleLuxury

Why South African millionaires are flocking to Mauritius’ ‘Boere Monaco’

South African millionaires are flocking to Mauritius’ ‘Boere Monaco’, where luxury property, coastal living and Tamarin’s lifestyle are driving demand.

Oluwatosin Alao Oluwatosin Alao
Kenya signs 5-year Stanford deal to expand AI and digital government
BusinessInvestments

Kenya signs 5-year Stanford deal to expand AI and digital government

Kenya signs a five-year Stanford agreement to expand AI, data analytics and digital tools for government decision-making and risk management.

Oluwatosin Alao Oluwatosin Alao
Spencer Sonn
BusinessCompaniesExecutives

Pick n Pay names Woolworths executive Spencer Sonn as CEO-designate

Pick n Pay names Woolworths executive Spencer Sonn as CEO-designate as Sean Summers prepares to hand over leadership in 2028.

Oluwatosin Alao Oluwatosin Alao
Banyan Group residences
TourismBusinessLifestyle

Banyan Group expands in Africa with 26 luxury hotels across 7 countries

Banyan Group expands its African luxury hospitality footprint with 26 Newmark properties across seven countries in a major growth push.

Oluwatosin Alao Oluwatosin Alao
Ethiopia plans 25,000 hectares of date palms to enter global luxury market
BusinessMarkets

Ethiopia plans 25,000 hectares of date palms to enter global luxury market

Ethiopia plans to expand date palm cultivation to 25,000 hectares, targeting export markets as global demand for dates continues to grow.

Oluwatosin Alao Oluwatosin Alao
Ivorian businessman Koné Daouda Soukpafolo
BusinessCompanies

Ivorian businessman Koné Daouda Soukpafolo takes control of Uniwax

Ivorian businessman Koné Daouda Soukpafolo takes control of Uniwax as COIC acquires 72.29% from Vlisco Group entities.

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De Beers
BusinessCompanies

Botswana eyes bigger stake in De Beers as diamond industry enters new era

Botswana is preparing to seek a larger stake in De Beers as Anglo American moves to exit the diamond business, but the government has yet to decide how much it can afford to buy. Vice President and Finance Minister Ndaba Gaolathe said any holding would exceed Botswana’s current 15% interest.  The government is balancing that ambition against worsening public finances…

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First National Bank (FNB)
BusinessTechnology

FNB, Optasia launch cash and airtime advances for African customers

FNB and Optasia launch cash and airtime advances, giving South African customers up to $30.72 through FNB’s eWallet platform.

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Ethiopian Airlines
BusinessTourism

Ethiopian Airlines launches daily direct flights linking Durban and Addis Ababa

Ethiopian Airlines will launch daily Durban-Addis Ababa flights in December, expanding King Shaka’s international network to eight routes.

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PEPCO
BusinessGlobal News

Pepco targets Africa to diversify manufacturing and supply chains

Pepco Group is exploring Africa for new manufacturing hubs as supply-chain risks push the Polish retailer to reduce its reliance on Asian production.

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Ghana unveils $4 billion plan to transform Accra-Kumasi road link
BusinessHot News

Ghana unveils $4 billion plan to transform Accra-Kumasi road link

Ghana has secured $2 billion for its $4 billion Accra-Kumasi motorway and targets full construction by the end of 2026.

Oluwatosin Alao Oluwatosin Alao
World Bank President Ajay Banga and Senegalese President Bassirou Diomaye Faye
BusinessGlobal News

World Bank’s Banga pushes G20 to fast-track Senegal’s debt restructuring

Senegal is seeking a faster G20 debt restructuring as World Bank President Ajay Banga backs President Faye’s push to reorganize its debt.

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