Omokolade Ajayi

110 Articles

Nigeria’s Aradel posts over $290 million profit in 2025 on energy expansion

Aradel Holdings posts $290 million profit in 2025, fueled by energy expansion…

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Shabeely Resort in Ethiopia highlights nation’s culture and tourism ambitions

Ethiopia’s Shabeely Resort showcases heritage, culture, and leisure with 51 rooms, 3…

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Africa’s solar capacity jumps 54 percent in 2025, led by South Africa and Nigeria

Africa’s solar capacity jumped 54 percent in 2025, driven by South Africa,…

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Ethiopia joins Africa’s mobile payment boom with 58 million digital wallet users

Ethiopia is emerging as a major mobile payments market, with 58 million…

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Mauritius-based flower farm to receive $13 million for expansion in Ethiopia, Kenya

Mauritius-based Star Bright Holdings is set to receive $13 million from IFC…

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Morocco freezes $1 billion LNG project after King Mohammed VI meeting

Morocco pauses $1 billion Mediterranean LNG terminal after King Mohammed VI meeting,…

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South African shopping mall giant Vukile buys Berceo mall in northern Spain

South Africa’s Vukile buys Berceo mall in northern Spain in a $127.6…

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Nigeria’s DEAP Capital shines as Africa’s best-performing stock in January

DEAP Capital’s shares jumped nearly 400% in January, lifting its market value…

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Gold slump wipes $300 million from CAF President Patrice Motsepe’s wealth

Gold’s sharp pullback erased $300 million from Patrice Motsepe’s wealth, hitting his…

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East Africa pulls ahead as Africa’s growth leader amid global uncertainty

East Africa is set to lead Africa’s growth in 2026, supported by…

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Nigeria’s leading hospitality group, Transcorp Hotels, beats forecasts with $70 million 2025 revenue

Transcorp Hotels closed 2025 with over $70 million revenue, driven by strong…

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BUA Group founder Abdul Samad Rabiu crosses $10 billion, third Nigerian billionaire to do so

BUA Group’s Abdul Samad Rabiu crosses $10 billion, ranking as Nigeria’s second-richest…

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