Omokolade Ajayi

302 Articles
Phuthi Mahanyele-Dabengwa, first Black chief executive of Naspers, South Africa.
BusinessExclusiveHot News

Meet Soweto-born Phuthi Mahanyele-Dabengwa, first black chief executive of $40 billion South African giant, Naspers

Phuthi Mahanyele-Dabengwa, from Soweto, rises to lead $40 billion Naspers, marking a milestone in African corporate leadership.

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BusinessHot News

Kenya fuel executives resign as state probes fuel scarcity, supply chain issues

Three Kenyan fuel executives resign as authorities investigate supply manipulation, shortages, and emergency imports.

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BusinessHot News

Nigeria capitalizes on $100 per barrel oil as production hits 1.84 million bpd

Nigeria boosts crude output to 1.84 million barrels per day amid $100 oil, aiming for stronger export revenue.

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Egypt raises electricity prices as energy costs surge

Egypt raises electricity prices for heavy users as energy import costs surge, while shielding lower-income households from tariff increases.

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Kenya’s largest fast-food chain, Java House, linked to Aliko Dangote, expands its presence with new outlets across East Africa.
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Kenya’s largest fast-food chain linked to Aliko Dangote grows to 105 outlets

Java House, linked to Aliko Dangote, grows to 105 outlets in East Africa, reflecting urban expansion and rising demand for casual dining.

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Hot NewsTechnology

SpaceX IPO pushes Elon Musk closer to $1 trillion net worth

SpaceX files for IPO, potentially raising $75 billion and moving Elon Musk closer to a $1 trillion net worth.

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Hot NewsTechnology

UN urges Africa to borrow, boost revenue to fund AI infrastructure gap

UN urges African governments to borrow, boost revenue, and invest in data centers and power to close the artificial intelligence infrastructure gap.

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Flutterwave logo representing Africa’s most valuable tech unicorn.
BusinessHot NewsTechnology

Flutterwave, gains Nigerian banking license as lifetime payments top $50 billion

Flutterwave secures banking license after surpassing $50 billion in lifetime payments, marking a major shift into lending and deposits across Africa.

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BusinessHot News

Nigerian lender FCMB, state government provide $1.1 million to support youth farmers

FCMB, Oyo State fund 1,000 youth agripreneurs with $1.1 million to boost agribusiness and create scalable enterprises.

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Khalifa Rabiu with $271 million BUA Foods stake, steps into Nigeria’s wealthy ranks.
BusinessExclusiveHot News

Abdul Samad Rabiu’s son, Khalifa, to receive $9.6 million from BUA Foods

Nigerian billionaire Abdul Samad Rabiu’s son, Khalifa Rabiu, to receive N13.2 billion ($9.6 million) from BUA Foods’ record dividend payout.

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Adebayo Ogunlesi, Nigerian billionaire and co-founder of Global Infrastructure Partners.
Hot NewsTechnology

OpenAI hits $852 billion a year after Nigeria’s Adebayo Ogunlesi joins board

Its latest round, which increased from the $110 billion figure announced in February, drew backing from major technology and investment firms.

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Coca-Cola headquarters.
BusinessHot News

Coca-Cola expands South African operations with $1 billion investment plan

Coca-Cola invests $1 billion to modernize operations and boost distribution in South Africa’s consumer market.

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