Oluwatosin Alao

800 Articles
Durban plans $115 million superyacht Marina to attract luxury tourism to Africa
TourismLuxury

Durban plans $115 million superyacht Marina to attract luxury tourism to Africa

Durban is planning a $115.6 million superyacht marina targeting 2,500 jobs and luxury tourism spending, with visits expected from 2028.

Oluwatosin Alao Oluwatosin Alao
European Investment Bank
BusinessInvestments

EIB,FCMB commit $95 million to Nigeria’s cocoa and dairy industries

EIB and FCMB commit $95 million to Nigeria’s cocoa and dairy industries, targeting local processing, farmers and agricultural growth.

Oluwatosin Alao Oluwatosin Alao
Aliko Dangote, Africa’s richest man and founder of Dangote Group
BusinessBillionaires

Aliko Dangote’s refinery draws investors across Africa

Africa’s richest man Aliko Dangote attracts investors from 51 African countries as his refinery reports $4.7 billion in nine-month profit.

Oluwatosin Alao Oluwatosin Alao
World Bank
BusinessMining

World Bank backs Africa’s push to process more minerals at home

The World Bank plans to mobilise $19 billion for minerals, backing African countries seeking to expand local processing, manufacturing and mining jobs.

Oluwatosin Alao Oluwatosin Alao
Kasbah Tamadot
TourismLuxury

Kasbah Tamadot Blends Luxury and Berber Culture in Morocco’s Atlas Mountains

Richard Branson’s Kasbah Tamadot pairs Atlas Mountain luxury with private pool suites, Berber culture, Moroccan cuisine and wellness experiences.

Oluwatosin Alao Oluwatosin Alao
Vaal Aerotropolis
BusinessInvestments

South Africa’s Vaal Aerotropolis advances toward airport-led economic zone

South Africa’s $1.4 billion Vaal Aerotropolis targets a 2032 opening, with cargo facilities, 18,000 projected jobs and plans to revive the Vaal economy.

Oluwatosin Alao Oluwatosin Alao
Transnet
BusinessGlobal News

Transnet signs $401.7 million locomotive deal to boost South Africa’s rail network

Transnet’s $401.7 million Wabtec deal targets locomotive reliability as South Africa opens its freight rail network to private operators.

Oluwatosin Alao Oluwatosin Alao
Pepkor Building
BusinessCompanies

Pepkor brings Boardmans back to South Africa with seven store rebrands

Boardmans returns to South African stores with seven rebrands as Pepkor expands its homeware, furniture and technology business.

Oluwatosin Alao Oluwatosin Alao
South Africa's richest man Johann Rupert
BusinessBillionairesMining

Johann Rupert’s Richemont eyes stake in De Beers takeover

De Beers' $2.3 billion valuation draws interest from Johann Rupert's Richemont and Signet as African diamond producers seek bigger stakes.

Oluwatosin Alao Oluwatosin Alao
Clicks
BusinessCompanies

Clicks targets shoppers with ClubCard offer amid Dis-Chem rivalry

Clicks is offering 10% discounts on 2,500 products as South Africa’s pharmacy rivalry with Dis-Chem intensifies over 12.9 million ClubCard members.

Oluwatosin Alao Oluwatosin Alao
Arab Bank for Economic Development in Africa (BADEA)
BusinessBanking

BADEA backs Guinea’s Vista Group with $22.4 million for SMEs

BADEA commits $22.4 million to Guinea’s Vista Group to expand SME lending as businesses face a financing gap equal to 21.5% of GDP.

Oluwatosin Alao Oluwatosin Alao
IHG plans 28 more hotels in Egypt as Crowne Plaza signs Cairo deal
TourismBusiness

IHG plans 28 more hotels in Egypt as Crowne Plaza signs Cairo deal

IHG has 28 hotels in its Egyptian pipeline as it signs a deal for a 250-room Crowne Plaza property in New Cairo, opening in 2031.

Oluwatosin Alao Oluwatosin Alao