Omokolade Ajayi

593 Articles

Nigerian billionaire Tony Elumelu backs African entrepreneurs with $100 million over 15 years

Nigerian billionaire Tony Elumelu has invested over $100 million in African startups over 15 years, supporting 24,000 entrepreneurs.

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South Africa’s richest man faces $2.2 billion loss amid global unrest

South Africa’s richest man, Johann Rupert, loses $2.22 billion as Richemont shares slide amid global unrest.

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Nigerian Breweries partners to launch food-grade rPET facility in Ogun State

Nigerian Breweries joins partners to launch food-grade rPET facility in Ogun State, advancing recycling and sustainability in Nigeria.

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Pareto secures full control of Sandton Convention Centre after Southern Sun exits $66 million deal

Pareto secures full ownership of Sandton Convention Centre and two hotels after Southern Sun exits the 66 million deal with Liberty.

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Nigerian billionaires Elumelu, Rabiu meet Macron to strengthen Africa-France ties

Elumelu and Rabiu meet Macron at Élysée Palace to strengthen investment and trade ties between France and Africa.

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KCB Group posts record $530 million profit as Kenyan unit leads earnings growth

KCB Group Plc posts $530 million profit as Kenyan unit leads earnings and mobile lending expands across East Africa.

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Tanzania’s first dollar billionaire, Rostam Aziz, acquires majority stake in Nation Media Group

Rostam Aziz, Tanzania’s first dollar billionaire, takes control of Nation Media Group to expand media and regional investments.

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Anthony Joshua moves to Dubai even as Iran tensions shake UAE safe-haven status

Boxing star Anthony Joshua moves to Dubai despite regional tensions, joining a growing community of millionaires and billionaires in the UAE.

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Naspers shares rise after 20% slump, market cap hits $44 billion

Shares of Naspers rebound after a 20 percent slump, lifting market value above $44 billion as investor confidence returns.

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Beyoncé, Dr. Dre join billionaire ranks as global total climbs to 3,428

Beyoncé and Dr. Dre join 3,428 billionaires worldwide as global wealth climbs to $20.1 trillion, fueled by tech, finance, and entertainment.

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Hilton Nairobi revives conference business after sale attempt falls through

Exterior view of the Hilton Nairobi building in Kenya’s central business district, a landmark property now hosting corporate conferences and events.

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South Africa’s economy grows fastest in three years amid reforms

South Africa’s GDP grew 1.1 percent in 2025, its fastest pace in three years, driven by agriculture, trade, and finance sectors.

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