Omokolade Ajayi

776 Articles
Ecobank
BusinessHot News

After $594 million profit Ecobank targets $350 million debt raise, sustainability

Ecobank is tapping global debt markets with a $350 million Tier 2 issuance to refinance existing notes and fund sustainability-linked financing across Africa.

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Dangote Cement
Hot NewsBusiness

Dangote Cement becomes Nigeria’s most valuable company as London listing looms

Dangote Cement becomes Nigeria’s most valuable listed company with a $13.4 billion market cap share surge aligns with London listing plans under consideration.

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Peter Ndegwa, CEO of Safaricom.
Hot NewsBusinessTechnology

Kenyan court orders Safaricom to pay software developer $10.8 million in M-Pesa copyright case

Kenyan court orders Safaricom to pay software developer $10.8 million (Ksh1.4 billion) over M-Pesa child wallet copyright case.

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Ugandan businessman Charles Mbire.
Hot NewsBusiness

Ugandan businessman Charles Mbire to pocket $2 million interim dividend from MTN

Charles Mbire set to receive $2.02 million dividend from MTN Uganda as revenue hits $243 million and profit stands at $46 million.

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South African billionaire Michiel Le Roux.
Hot NewsBillionairesBusiness

South African billionaire Michiel Le Roux loses $300 million despite Capitec’s growth

The decline follows a strong 2025, when Le Roux’s net worth surged by $1.6 billion alongside a broad rally in Capitec Bank shares.

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Access Bank headquarters in Lagos, corporate headquarters of Access Holdings Plc.
BillionairesBusinessHot News

Access Bank’s $122 million Kenya acquisition in focus as CBN forces foreign sell-down

Access Bank’s acquisition of National Bank of Kenya comes into focus as new Nigerian central bank rules reshape foreign banking exposure.

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DTB executives during the opening of the DTB Kilimani branch in Nairobi.
BusinessHot News

DTB completes $9.8 million Burundi sale, ends 16-year market presence

Diamond Trust Bank sells 83.67% Burundi stake for $9.8 million, exiting the market after 16 years and reshaping its regional strategy.

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South Africa’s second-richest man, Nicky Oppenheimer.
Hot NewsBillionairesBusiness

South African billionaire Nicky Oppenheimer rebounds with $1.6 billion gain

Nicky Oppenheimer adds $1.6 billion in five weeks as private investments drive wealth recovery across Africa, Asia, and global markets.

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Aliko Dangote, Africa’s richest man and founder of Dangote Group.
Hot NewsBillionairesBusiness

Aliko Dangote refinery drives petrol prices up 82 percent in Nigeria this year

Aliko Dangote’s $20 billion refinery lifts petrol prices 82 percent in 2026, reshaping Nigeria’s fuel supply as costs climb.

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Hot NewsBusiness

African ports miss out as Hormuz disruption reroutes shipping via Cape routes

African ports see minimal gains as Hormuz tensions divert global shipping via Cape routes, extending voyages and reshaping trade flows.

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Hot NewsLuxury

Mauritius eyes 100 wealthy investors a year with golden visa push

Mauritius plans to attract 100 high-net-worth investors annually through a golden visa requiring at least 1 million dollars in investment.

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Warren Buffett, chairman of Berkshire Hathaway and global investor.
Hot NewsBillionaires

World’s richest investor Warren Buffett backs Kenya with $59 million over two years

The latest pledge brings the foundation’s total support to Ksh7.6 billion ($59 million) after the Ksh3.8 billion contribution made last year.

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