Omokolade Ajayi

986 Articles
South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe’s net worth gains $100 million in 10 days

Patrice Motsepe’s net worth rose to $3.7 billion following a $100 million ten-day gain, lifted by an 87 percent earnings jump at Harmony Gold.

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Nigerian billionaire Tony Elumelu.
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu pockets $14.45 million from Seplat’s Q2 dividend payout

Tony Elumelu received $14.45 million from Seplat Energy’s second-quarter dividend, lifting his 2026 payouts to about $35.3 million.

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South Africa’s Rainbow Chicken
BusinessHot News

South Africa’s Rainbow Chicken profit surges to $82.9 million, declares special dividend

Rainbow Chicken’s profit surged 134.8 percent to R1.34 billion ($82.9 million) in 2026, driven by firmer pricing, lower feed costs and improved farming efficiency.

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Malagasy tycoon Hassanein Hiridjee
TechnologyBillionairesBusinessHot News

Malagasy tycoon Hassanein Hiridjee’s Axian Telecom posts $980 million H1 revenue

Hassanein Hiridjee’s Axian Telecom reported a 26.5% rise in H1 2026 revenue to $979.96 million, powered by surging mobile data and fintech growth.

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Megan Kim de Vroeg
ExclusiveBusinessHot News

How Megan Kim de Vroeg became the marketing chief of $1.5 billion Dis-Chem

Megan Kim de Vroeg rose from social media marketing manager to Chief Marketing Officer of $1.5 billion Dis-Chem, leading its integrated healthcare brand strategy.

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Tanzanian billionaire Mohammed Dewji pledges $250 million in Mozambique to expand MeTL Group’s footprint and create 20,000 local jobs.
BillionairesBusinessHot News

After $250 million Mozambique pledge, Tanzanian billionaire Mohammed Dewji, eyes Botswana

Following a $250 million Mozambique pledge, Mohammed Dewji is eyeing new expansion into Botswana after high-level talks with President Duma Boko.

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South African executive Abigail Mukhuba
Hot NewsExecutives

South African CFO Abigail Mukhuba’s Sanlam stake rebounds above $2.5 million

A rebound in Sanlam shares has lifted Group Finance Director Abigail Mukhuba’s stake back above $2.5 million, following a 4.5 percent rebound.

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Dangote family
BillionairesBusinessHot News

Dangote family office to expand operations in 2027 as group targets $100 billion revenue

Aliko Dangote’s family office will expand in 2027 as Dangote Group targets $100 billion in annual revenue.

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Blu Label
TechnologyBusinessHot News

South Africa’s Blu Label rewards investors after Cell C market spinoff

Blu Label resumed dividend payouts and a share buyback after Cell C's JSE listing generated $169 million in cash, cutting debt to $292.2 million.

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Workers sorting avocados at Kakuzi Plc processing facility in Kenya
BusinessHot News

Kenya’s Kakuzi profit plunges 97.6% as avocado, macadamia sales weaken

Kakuzi Plc's half-year profit plunged 97.6 percent amid lower avocado volumes, weak macadamia prices, and shipping delays.

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Aliko Dangote, Africa's richest man and Dangote group President
Hot NewsBusiness

Aliko Dangote plans cargo fleet to bypass costly African border taxes

Aliko Dangote plans to acquire a cargo ship fleet to bypass high cross-border road taxes and move industrial exports across West and Central Africa.

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Egyptian mobility company Swvl Holdings Corp
BusinessHot News

Egypt’s Swvl raises $13 million in investment led by Sawiris-backed Coefficient

Swvl raises $13 million, led by Sawiris-backed Coefficient, as the Egyptian mobility company expands its U.S. operations.

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