Omokolade Ajayi

446 Articles

Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber’s $11.6 billion bid for Delivery Hero emerges as Prosus trims stake under EU rules and competition intensifies in Europe’s food delivery market.

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Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kenyan business executive Allan Kilavuka exits Kenya Airways with $1.01 million pay as airline posts $132 million loss in 2025.

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Zimbabwe restricts small-scale gold mining to citizens, tightening sector rules

Zimbabwe restricts small-scale gold mining to citizens in policy shift aimed at boosting local control and retaining mining earnings.

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Nigerian billionaire Abdul Samad Rabiu sees $1 billion wiped from net worth in 4 days

BUA Cement share decline erases $1 billion from Abdul Samad Rabiu’s net worth in four days, pulling fortune back from recent highs.

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NNPC accuses Dangote refinery of monopoly claims as refinery private placement draws $2 billion

NNPC accuses Dangote refinery of monopoly claims as dispute over import licences and fuel supply intensifies in Nigeria.

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Cape Town-based executive Alan Keet steers Apex Group to $300 billion in South African assets under administration

Alan Keet leads Apex Group’s South African platform to R5 trillion ($300 billion) in assets under administration.

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Nigerian monarch Lamido Sanusi’s MTN board pay may top N500 million in 2026 on stronger earnings

Nigerian monarch Lamido Sanusi, Emir of Kano, could earn above N500 million in 2026 as MTN Group performance strengthens.

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South African executive Melanie Da Costa named CEO of $1.4 billion healthcare group, Netcare

South African executive Melanie Da Costa is set to become CEO of Netcare, a $1.4 billion healthcare group, after a structured transition.

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Sky Investments outlines $500 million plan for Egypt’s logistics and ports growth

Sky Investments Holding plans $500 million investment across Egypt’s ports logistics and real estate over three years, boosting infrastructure growth.

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NCC probe puts FlySafair under scrutiny as Tshepo Mahloele’s Harith advances deal

South Africa's NCC probes FlySafair over alleged overbooking as Harith General Partners advances its acquisition of the airline.

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Path to Seplat Energy chairmanship clears as Tony Elumelu joins board as non-executive director

Nigerian billionaire Tony Elumelu joins Seplat Energy board as non-executive director as stake value rises above $1 billion.

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South Africa’s Eskom explores World Bank backing for multibillion-dollar nuclear build

Eskom explores World Bank support for a multibillion-dollar nuclear project aiming to add up to 5,200 megawatts to South Africa’s power grid.

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