Omokolade Ajayi

776 Articles
Nigerian businessman Ladi Jadesimi, chairman of Aradel Holdings.
Hot NewsBusiness

Nigerian businessman Ladi Jadesimi’s Aradel stake nears $300 million as shares rise

Ladi Jadesimi’s 5.27 percent stake in Aradel has climbed to $295.5 million as shares surge 164 percent in Nigeria’s energy sector rally.

Omokolade Ajayi Omokolade Ajayi
Oriental Weavers reported stronger first-quarter 2026 earnings as exports and lower production costs supported growth at the Egyptian carpet manufacturer.
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Oriental Weavers Q1 2026 profit rises to $17.1 million on lower costs, higher exports

Oriental Weavers reports first-quarter 2026 profit of $17.1 million as revenue rises and exports strengthen amid lower production costs.

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South African billionaire Patrice Motsepe.
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South African billionaire Patrice Motsepe’s net worth drops $200 million so far in May

Patrice Motsepe’s net worth drops by $200 million in May to $3.7 billion as African Rainbow Minerals shares fall nearly 7 percent.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
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Equity Group’s Q1 2026 profit jumps 24 percent to $150 million on regional growth

Equity Group Q1 2026 profit rises 24 percent to $150 million on strong regional banking and digital income growth across East Africa.

Omokolade Ajayi Omokolade Ajayi
Mohammed Dewji, Tanzania’s richest man and CEO of MeTL Group.
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Tanzania weighs takeover of billionaire Mo Dewji’s MeTL tea estates in Mbeya

Tanzania is reviewing options to take over or restructure Mo Dewji’s MeTL tea estates in Mbeya as government talks with the company continue.

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Egyptian wheat supply linked to import diversification strategy.
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Egypt targets Middle East grain hub amid rising import costs and supply risks

Egypt is expanding its grain trading and storage network to serve Middle East and African markets as import costs rise and supply risks grow.

Omokolade Ajayi Omokolade Ajayi
San Francisco-based giant Uber Technologies Inc
TechnologyBusinessHot News

Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber’s $11.6 billion bid for Delivery Hero emerges as Prosus trims stake under EU rules and competition intensifies in Europe’s food delivery market.

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Allan Kilavuka, immediate former Group Managing Director and CEO of Kenya Airways, in an official executive portrait.
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Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kenyan business executive Allan Kilavuka exits Kenya Airways with $1.01 million pay as airline posts $132 million loss in 2025.

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Gold nuggets.
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Zimbabwe restricts small-scale gold mining to citizens, tightening sector rules

Zimbabwe restricts small-scale gold mining to citizens in policy shift aimed at boosting local control and retaining mining earnings.

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Nigerian billionaire Abdul Samad Rabiu
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Nigerian billionaire Abdul Samad Rabiu sees $1 billion wiped from net worth in 4 days

BUA Cement share decline erases $1 billion from Abdul Samad Rabiu’s net worth in four days, pulling fortune back from recent highs.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote and NNPC Group CEO Bashir Bayo Ojulari.
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NNPC accuses Dangote refinery of monopoly claims as refinery private placement draws $2 billion

NNPC accuses Dangote refinery of monopoly claims as dispute over import licences and fuel supply intensifies in Nigeria.

Omokolade Ajayi Omokolade Ajayi
Cape Town-based executive Alan Keet, a regional leader at Apex Group overseeing African operations.
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Cape Town-based executive Alan Keet steers Apex Group to $300 billion in South African assets under administration

Alan Keet leads Apex Group’s South African platform to R5 trillion ($300 billion) in assets under administration.

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