Omokolade Ajayi

776 Articles
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
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Aliko Dangote secures AFC backing for $7 billion fertilizer expansion in Nigeria, Ethiopia

Dangote Industries partners with AFC for a $7 billion fertilizer expansion to scale output across Nigeria and Ethiopia.

Omokolade Ajayi Omokolade Ajayi
Lagos-based lender Wema Bank Plc.
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Wema Bank’s Q1 2026 profit rises to $46.4 million on stronger lending income

Wema Bank's profit after tax rose to $46.4 million in Q1 2026, driven by a surge in net interest income and continued retail and corporate loan growth across Nigeria.

Omokolade Ajayi Omokolade Ajayi
South Africa's richest man Johann Rupert
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With nearly $20 billion fortune, Johann Rupert is back as Africa’s second-richest person

Johann Rupert is back as Africa’s second-richest person with a $19.9 billion fortune as luxury group Richemont edges ahead of BUA's Rabiu.

Omokolade Ajayi Omokolade Ajayi
Harel Mallac & Co. Limited, a Mauritius-based diversified conglomerate.
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Mauritius-based Harel Mallac steers recovery as turnaround efforts lift revenue to $72.5 million

Port Louis-based diversified conglomerate Harel Mallac returns to operating profit as turnaround efforts lift revenue to $72.5 million.

Omokolade Ajayi Omokolade Ajayi
Nigerian agribusiness entrepreneur Rotimi Opeyemi.
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Nigerian agribusiness entrepreneur Rotimi Opeyemi leads JR Farms Group to $60 million Liberia coffee deal

Nigerian agribusiness entrepreneur Rotimi Opeyemi’s JR Farms Group signs a $60 million Liberia coffee deal to expand production, exports, and rural jobs.

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Egyptian billionaire Naguib Sawiris.
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Egypt’s richest man follows $400M gold push with $115M Greek resort

Egyptian billionaire Naguib Sawiris follows a $400 million gold hedge with a new $115.7 million luxury resort on the Mediterranean island of Mykonos.

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San Francisco-based giant Uber Technologies Inc
TechnologyBusinessHot News

Uber eyes Delivery Hero takeover as Prosus gains time to defend stake

As Prosus wins more time for its Delivery Hero stake sale, Uber is pursuing a full takeover of the German food delivery firm to expand its global market.

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World's richest person Elon Musk.
BusinessHot News

From Pretoria to $1 trillion: Elon Musk becomes world’s first trillionaire

From Pretoria to a $1.1 trillion net worth: how Elon Musk made economic history on Wall Street as the world's first trillionaire.

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Moroccan property technology company Agenz.
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Moroccan proptech Agenz raises $5 million to scale AI property tech

Agenz raises $5 million led by Breega and other investors to scale AI-powered property data and expand Morocco real estate platform.

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Gary Nagle, CEO of Glencore, leading the global mining and commodity trading company.
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South African executive Gary Nagle’s Glencore stake nears $30 million on London gains

Glencore CEO Gary Nagle sees his equity holding approach $30 million following London stock gains.

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Uganda Airlines Boeing Dreamliner aircraft.
Hot NewsBusinessGlobal News

Uganda Airlines bets nearly $1 billion on 10 Boeing jets to expand global reach

Uganda Airlines signs a nearly $1 billion Boeing deal for 10 jets to expand its global reach and challenge regional rivals.

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Kenyan banker Nancy Njau, the CEO of Family Bank.
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Kenyan banker Nancy Njau takes Family Bank to Nairobi bourse with $1.8 billiin assets

Nancy Njau leads Family Bank to a Nairobi bourse listing with $1.8 billion in assets and surging profits following years of strategic capital growth.

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