Omokolade Ajayi

776 Articles
Kenyan executive Esther Waititu
TechnologyBusinessHot News

Kenya’s Esther Waititu to exit Safaricom after steering M-PESA’s financial services

Kenyan tech leader Esther Waititu resigns as Safaricom financial services head, exiting just as corporate governance shifts hands, more control to Vodacom.

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Hot NewsBusiness

Transcorp Power posts $39.8 million half-year profit despite Nigeria grid attacks

Tony Elumelu-backed Transcorp Power records a $39.87 million profit before tax, maintaining strong efficiency gains despite severe grid attacks.

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Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu collects $337 million BUA Foods dividend

Abdul Samad Rabiu receives a record N467 billion ($337.3 million) dividend as BUA Foods doubles its payout on surging profits.

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Kenyan banker Gideon Muriuki
Hot NewsBillionairesBusiness

Co-op Bank becomes Kenya’s fourth-most valuable company with $1.6 billion market cap under Gideon Muriuki

Co-op Bank overtakes EABL as Kenya's fourth-most valuable listed company after record profits, rising shares, and steady growth under Gideon Muriuki.

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Hot NewsBillionairesBusiness

Nigerian billionaire Femi Otedola’s First HoldCo stake tops $700 million as shares hit record high

Femi Otedola's First HoldCo stake surpasses $700 million as the lender's shares hit a record high ahead of half-year earnings.

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Africa’s 10 richest billionaires in July 2026
BillionairesBusinessHot News

Africa’s 10 richest billionaires now worth $106.4 billion after $6.2 billion gain

Africa’s top 10 billionaires see their combined wealth jump to $106.4 billion, driven by massive stock market gains from Aliko Dangote and BUA Group.

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Yas, the pan-African telecommunications brand created by AXIAN Telecom.
Hot NewsBillionairesBusiness

Yas raises up to $308 million EBRD loan to expand infrastructure in Kenya, Senegal

AXIAN Telecom’s Yas secures a $308 million EBRD loan to expand 4G, 5G, and fiber infrastructure across Kenya and Senegal.

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L-R: Patrice Motsepe, Michiel Le Roux, and Koos Bekker
BillionairesBusinessHot News

Michiel Le Roux overtakes Motsepe, Bekker to become South Africa’s third-richest billionaire

Michiel Le Roux hits a $3.7 billion net worth, overtaking Patrice Motsepe and Koos Bekker to become South Africa's third-richest billionaire.

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Africa’s 10 richest billionaires in July 2026
BillionairesBusinessExclusiveHot News

10 richest African billionaires in July 2026

Africa’s 10 richest billionaires in July 2026 as Aliko Dangote, Johann Rupert and others grow their fortunes.

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Hot NewsBusiness

Nigeria’s crude oil output hits 6-year high at 1.56M bpd, beats OPEC quota

Nigeria's crude output rose to a six-year high of 1.56 million barrels per day in June, exceeding its OPEC quota despite weaker NNPC revenue in May.

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Centre Point, formerly known as the Famfa Oil Tower.
ExclusiveBillionairesLuxury

How Nigeria’s richest woman built a $100 million Lagos tower without a bank loan

Rising 103 meters over Ikoyi, Folorunso Alakija's $100 million Centre Point tower stands as a striking symbol of Nigerian corporate success.

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Egypt
Hot NewsBusiness

Egypt leads Africa with $15 billion in foreign direct investment despite continental drop

Egypt pulled in $15 billion in foreign direct investment to lead Africa in 2025, anchoring continental inflows alongside Morocco and South Africa.

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