Oluwatosin Alao

672 Articles

Sintana Energy expands Namibia oil push with $6.5 million deal

Sintana Energy is expanding its Namibia oil exposure with a $6.5 million deal for a stake in Maravilla Oil and Gas and PEL 37.

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Sasol commits $36.5 million to local development in Africa by 2030

Sasol will invest $36.5 million in local development projects across 70 communities in Mozambique’s Inhambane province by 2030.

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Inside Palacina, a luxury hotel and residence in the Heart of Nairobi

Palacina The Residence & The Suites offers luxury hotel rooms, serviced apartments, dining and wellness facilities in Nairobi’s State House area.

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Tanzania’s Mtwara Port expansion opens new trade route for East Africa

Tanzania’s Mtwara Port expansion is opening a new trade route for East Africa, boosting cargo capacity and strengthening links with regional markets.

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JSE Soybean ruling raises $43 million concern for South Africa’s farmers

South Africa’s soybean farmers face a potential R700 million($43.4 million) cost as Grain SA challenges the JSE’s single reference point ruling.

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Absa named custodian of South Africa’s Government pension fund

Absa has been appointed master custodian of South Africa’s $217 billion GEPF, expanding its role in the country’s institutional investment market.

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Uganda seeks up to $242 million from Citibank for infrastructure projects

Uganda seeks a $242 million Citibank loan to upgrade major roads in the east as rising debt-service costs put pressure on government finances.

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Inside Chobe Water Villas, a luxury retreat on Botswana’s Zambezi

Explore Chobe Water Villas in Namibia’s Zambezi Region, a luxury riverside retreat offering safari, wildlife, dining, wellness and adventure.

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Mozambique starts Topuito Industrial Park to boost SME opportunities

Mozambique has begun work on the Topuito Industrial Park, creating new opportunities for SMEs to supply the mining and wider economy.

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South Africa inflation falls to 4.3%, easing pressure on consumers

South Africa’s inflation rate fell to 4.3% in July, helped by lower fuel and food prices, easing pressure on consumers and the central bank.

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South Africa’s CMH seals $46 million deal for 13 dealership properties

South Africa’s CMH will spend $46 million on 13 dealership properties, cutting rental exposure and expanding its ownership of key real estate.

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Why One&Only Cape Town stands out among Africa’s luxury resorts

One&Only Cape Town blends waterfront luxury, fine dining, wellness and Table Mountain views, making it one of Africa’s standout resorts.

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