Omokolade Ajayi

776 Articles
Beninese-Gabonese oil billionaire Samuel Dossou-Aworet
BillionairesBusinessHot News

Beninese-Gabonese oil billionaire Samuel Dossou-Aworet to pocket $8.9 million Aradel dividend after record year

Samuel Dossou-Aworet is set to receive an $8.9 million Aradel dividend after the Nigerian energy producer posted record 2025 earnings.

Omokolade Ajayi Omokolade Ajayi
Mama Ngina Kenyatta
Hot NewsBusiness

After $2 million farmer payout, Brookside Dairy, owned by Kenya’s Kenyatta family, woos hoteliers

Kenya's largest milk processor Brookside Dairy targets the hospitality sector following a $2 million payout to local farmers.

Omokolade Ajayi Omokolade Ajayi
Internet and 5G drive subscriber growth.
TechnologyBusinessHot News

Morocco’s telecom revenue rises as faster internet, 5G drive subscriber growth

Morocco's telecom market grew in early 2026 as 5G, fiber, and rising mobile data use offset declines in calls and text messaging.

Omokolade Ajayi Omokolade Ajayi
South African executive Ciko Thomas.
Hot NewsBusiness

South African executive Ciko Thomas takes $1.8 million Nedbank pay

Ciko Thomas received R29.7 million ($1.8 million) in 2025 compensation as lower short-term bonuses offset a base salary bump.

Omokolade Ajayi Omokolade Ajayi
Egypt’s food exports.
Hot NewsBusiness

Egypt’s food exports climb 7.1% to $2.43 billion in first four months of 2026

Egypt’s food exports rose 7.1 percent to $2.43 billion in the first four months of 2026, driven by a surge in demand from Spain, Saudi Arabia, and China.

Omokolade Ajayi Omokolade Ajayi
Egypt taps China’s Sany for first wind turbine plan
TechnologyBusinessHot News

Egypt taps China’s Sany for first wind turbine plant to drive African grid

Egypt taps Sany for a new wind turbine plant to cut imports and export clean energy infrastructure across Africa and the Middle East.

Omokolade Ajayi Omokolade Ajayi
Africa’s richest man, Aliko Dangote.
Hot NewsBillionairesBusiness

Nigerian stock selloff wipes $1.2 billion from Aliko Dangote’s net worth

A 10 percent plunge in Dangote Cement shares drove a $2.64 billion market loss, marking the sharpest one-day drop for Nigerian equities in 2026.

Omokolade Ajayi Omokolade Ajayi
WeLight's agent and customer
TechnologyBusinessHot News

Africa’s biggest solar mini-grid operator WeLight lands $31 million IFC-backed deal

IFC acquires a stake in WeLight, providing $31 million to accelerate solar mini-grid expansion across Nigeria and the DRC.

Omokolade Ajayi Omokolade Ajayi
South African executive Nishlan Samujh.
Hot NewsBusiness

South African executive Nishlan Samujh’s pay package declines to $2.3 million at Investec

Nishlan Samujh's remuneration at Investec fell to $2.3 million in fiscal 2026 as lower incentive awards and revised executive pay policies reduced total compensation.

Omokolade Ajayi Omokolade Ajayi
South African banking giant FirstRand.
Hot NewsBusiness

FirstRand says $1 billion UK redress charge to cut annual earnings

FirstRand faces a $1.02 billion UK provision hit, but robust banking growth across South Africa and broader African markets keeps core earnings resilient.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesBusiness

Abdul Samad Rabiu loses $1 billion as Nigerian stocks suffer biggest one-day drop of 2026

Abdul Samad Rabiu lost $1.02 billion after a wave of selling on the NGX erased $2.64 billion in market value, marking the exchange's sharpest daily decline of 2026.

Omokolade Ajayi Omokolade Ajayi
Titus Muya, the founder of Family Bank.
Hot NewsBusiness

Family Bank founder Titus Muya, allies gain $37 million as stock jumps 44% in NSE debut

Family Bank founder Titus Muya and allies gain $36.6 million as the lender’s shares jump 44 percent in their NSE market debut.

Omokolade Ajayi Omokolade Ajayi