Omokolade Ajayi

983 Articles
Ghanaian tycoon Ibrahim Mahama
BusinessHot NewsInvestments

Ghanaian tycoon Ibrahim Mahama mounts $100 million heavy industry expansion

Ibrahim Mahama scales his $100 million Dzata Cement plant and seals a major gold mine deal to challenge foreign dominance in Ghana's heavy industry.

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Pretoria-born Elon Musk
BusinessHot News

Elon Musk’s fortune drops below $1 trillion after $37 billion loss

Elon Musk’s fortune fell to $987 billion after a $37.1 billion loss, as declines in SpaceX and Tesla shares ended his latest run above $1 trillion.

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Nigeria’s largest carrier Air Peace Limited
BusinessHot News

Nigeria’s Air Peace adds new Embraer jet to drive regional, global expansion

Air Peace receives a new Embraer 190, boosting capacity across West Africa while ramping up international routes to London, Houston, and the UAE.

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British-Nigerian entrepreneur Ladi Delano
TechnologyBusinessHot News

Moove exits Nigeria months after hitting $2.1B valuation, hands drivers $26M fleet

Moove is exiting Nigeria after reaching a $2.1 billion valuation, transferring a $26.3 million vehicle fleet to eligible drivers as it pivots to autonomous mobility.

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Malagasy tycoon Hassanein Hiridjee
BusinessEnergyHot News

Hassanein Hiridjee’s Axian to build 200MW solar plant to ease Zambian outages

Hassanein Hiridjee’s Axian Group has finalized a deal to build the 200MW Kudu solar plant in Zambia, expanding its clean-energy drive across Africa.

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Morocco’s Royal Air Maroc
BusinessHot NewsTechnology

Morocco’s Royal Air Maroc becomes first in Africa to add Starlink Wi-Fi

Royal Air Maroc seals a Starlink deal for 41 aircraft, becoming the first airline in Africa to roll out space-based Wi-Fi.

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South Africa's platinum giant, Valterra Platinum
BusinessCompaniesHot NewsMining

South Africa’s platinum giant, Valterra, moves to seize Western supply shift

Valterra Platinum moves to supply Western buyers hunting critical minerals, aiming to turn shifting global supply chains into market gains.

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Tanzanian entrepreneur Elia Timotheo
BusinessEntrepreneursHot News

Tanzanian entrepreneur Elia Timotheo leads EA Foods to $40 million raise

EA Foods raises $40 million to expand its food distribution network from Tanzania into Kenya, boosting market access for smallholders.

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Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria.
MarketsBusinessHot News

Dangote Refinery opens $300 million IPO stake to East Africa

Dangote Refinery targets $300.4 million from East African investors through nearly 20 percent of its planned $1.6 billion IPO.

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Coca-Cola
BusinessCompaniesHot News

Coca-Cola unveils $30 million initiative to rescue South Africa’s drying tap systems

Coca-Cola has launched a $30 million initiative to fix leaking municipal pipes and protect South Africa’s drying water systems.

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South African executive Val Nichas
ExecutivesBusinessHot News

Val Nichas drives Spur’s five-year turnaround as revenue surges sixfold to $252 million

Val Nichas drives Spur’s five-year turnaround as revenue surges sixfold to $252 million, powered by network growth and integrated supply chains.

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Nigerian mogul Fidelis Ayebae
BusinessCompaniesHot News

Nigerian mogul Fidelis Ayebae’s Fidson wins license to supply antiviral across 129 countries

Fidson Healthcare, founded by Fidelis Ayebae, has secured a landmark Roche license to manufacture and supply a key antiviral across 129 countries.

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