Omokolade Ajayi

776 Articles
Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Circle backs Flutterwave after Ripple deal valued the fintech at $3.3 billion

Following a Ripple deal valuing it at $3.3 billion, Flutterwave secures Circle backing to embed digital dollar settlements across its network.

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Nigerian tycoon Kola Karim
BillionairesBusinessExclusiveHot News

Kola Karim: The Nigerian tycoon who recently won a $1 billion Algeria gas contract

Kola Karim expands Shoreline into North Africa, securing a landmark $1 billion gas contract in Algeria via Arkad.

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Senegal’s first offshore oil project.
Hot NewsBusiness

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

Senegal’s Sangomar field delivered nearly 18 million barrels in the first half of the year as Woodside Energy plans to expand production.

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Nigerian billionaire Tony Elumelu
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu retires as UBA chairman, capping a 21-year run that built a $24.5 billion banking giant

Tony Elumelu retires as UBA Chairman after a 21-year tenure, building a banking giant with $24.5 billion in assets. Emmanuel Nnorom takes over.

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South African banker Ben Kruger.
Hot NewsBusiness

Former Standard Bank CEO Ben Kruger’s stake tops $4 million as shares climb

Former Standard Bank CEO Ben Kruger’s stake in Africa’s largest lender climbs past $4 million as JSE shares rise 11.67 percent this year.

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Aradel refinery chief Temitayo Ogunbanjo.
Hot NewsBusiness

Aradel refinery chief Temitayo Ogunbanjo sells $3.3 million stake as shares slide 37%

Temitayo Ogunbanjo has sold Aradel shares worth N4.53 billion ($3.3 million) amid recent stock market pressure.

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Mauritius-based insurance group MUA Limited
Hot NewsBusiness

MUA posts higher first-quarter profit as Mauritius offsets Kenya, Uganda weakness

MUA Limited grows Q1 profit to $2.4 million, using local gains to counter challenging retail insurance environments in East Africa.

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Professor Deji Olanrewaju
Hot NewsBusiness

Zedvance names former CIBN president Deji Olanrewaju board chairman as lending push gathers pace

Zedvance Finance has named veteran banker Professor Deji Olanrewaju board chairman as the non-bank lender targets a $185 million commercial lending push.

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Aradel general counsel Titilola Omisore
Hot NewsBusiness

Aradel general counsel Titilola Omisore sells $4.7 million stake as shares slide 37%

Aradel Holdings General Counsel Titilola Omisore divests 5 million shares for $4.7 million as the energy firm's stock drops 37 percent.

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Gauteng-born CEO Mpumi Madisa.
Hot NewsBusiness

Gauteng-born CEO Mpumi Madisa hits $3-million milestone with Bidvest shares

Mpumi Madisa hits a $3 million milestone as Bidvest Group shares climb on the JSE, driven by strong half-year earnings.

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Luxury safari lodges in the Maasai Mara
Hot NewsTourism

Kenyan herders, activists sue to halt Maasai Mara resort boom

Activists and Maasai herders file a lawsuit to halt luxury resort expansion in Kenya, warning unregulated safari lodges threaten the Great Migration.

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Chery Autos
Hot NewsBusiness

China’s Chery takes over South Africa plant to drive pan-African auto expansion

Chery takes over Nissan's former South African plant, investing millions of dollars to build an export hub and hit 100,000 annual vehicle sales.

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