Omokolade Ajayi

776 Articles
Founders of Refiant AI, including Viroshan Naicker, Siddharth Gutta, and Mathew Haswell, leading the South African AI startup focused on efficiency.
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South African AI startup Refiant raises $5 million to cut AI energy and data costs

South African AI startup Refiant raises 5 million seed funding to cut AI energy use and data costs through model compression technology.

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Optasia’s AI-powered fintech solutions support credit access and digital financial services across Africa and emerging markets.
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JSE-listed Optasia raises over $300 million in refinancing to boost Africa’s fintech growth

Optasia raises over $300 million in refinancing backed by Standard Bank to scale fintech services across Africa and emerging markets.

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Outgoing Chief Executive Officer John Lamola
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After reports reveal quiet $58 million bailout, SAA CEO John Lamola resigns

During John Lamola's tenure, the airline said it focused on restoring core operations and rebuilding its network.

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Wale Tinubu, chief executive officer of Oando Plc.
BusinessHot News

After Angola oil win, Nigerian energy mogul Adewale Tinubu plans $750 million drilling campaign

After Angola oil win, Oando plans $750 million drilling campaign targeting 300 percent output growth across West Africa.

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Mary Vilakazi, First female Chief Executive Officer of FirstRand, South Africa’s $30 billion banking group.
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Mary Vilakazi: First female CEO of South Africa’s $30 billion lender, FirstRand

Mary Vilakazi oversees FirstRand, positioning the group at the center of Africa’s expanding financial services industry.

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Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

Nigerian billionaire Abdul Samad Rabiu to pocket N806 billion from BUA Foods, Cement

Abdul Samad Rabiu to collect N806 billion from dividends of BUA Foods and BUA Cement following record profits and growth in 2025.

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Gold nuggets.
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$3.3 billion gold offtake deal links Singapore’s Trafigura with Ghanaian mine

Trafigura signs $3.3 billion gold deal to buy 700,000 ounces from Ghana’s Bogoso–Prestea mine.

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Johann Rupert, chairman of Richemont and Remgro Limited.
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South Africa’s richest man, Johann Rupert, gains $1.7 billion on Richemont rebound

Johann Rupert gains $1.7 billion, lifting his net worth to $17.7 billion and strengthening his position as South Africa’s richest man.

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Ghanaian businessman Ibrahim Mahama.
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Ghanaian businessman Ibrahim Mahama wins bid to take over Damang gold mine from Gold Fields

Engineers and Planners, led by Ibrahim Mahama, takes control of Damang gold mine from Gold Fields, boosting local mining leadership.

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Algerian billionaire Issad Rebrab.
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Algeria’s richest man Issad Rebrab regains $1.1 billion as Cevital stabilizes

Issad Rebrab regains $1.1 billion as Cevital stabilizes after legal disputes, Brandt collapse, and governance challenges.

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Nigeria’s state-owned oil company, NNPC.
BusinessHot News

NNPC ships first cargo of new crude grade to Netherlands, advancing Nigeria’s oil trade

Nigeria’s NNPC ships 950,000-barrel Cawthorne crude to the Netherlands, expanding exports and strengthening its oil market role.

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Nompumelelo Zikalala, CEO of Kumba Iron Ore, leading the South African mining company.
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Nompumelelo Zikalala: Durban-born mining executive leading $6.4 billion mining giant

Durban-born Nompumelelo Zikalala leads $6.4 billion Kumba Iron Ore, boosting profits and social initiatives.

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