Omokolade Ajayi

193 Articles

Unemployment in South Africa falls to lowest level since 2020

South Africa’s unemployment rate drops to 31.4 percent in fourth quarter 2025,…

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Aliko Dangote’s daughters, Halima, Fatima, Mariya, take key roles in family conglomerate

Dangote daughters assume executive roles, leading energy, cement, and international operations at…

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South Africa fast-tracks $3 billion Durban LNG power plant

South Africa accelerates a $3 billion Durban LNG plant, combining power generation,…

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Patrice Motsepe steps down from ARM executive duties under new JSE rules

South African billionaire Patrice Motsepe steps down from ARM executive role, stays…

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BUA Group drives Africa’s food independence through strategic Abu Dhabi deals

BUA Group teams with AD Ports and MAIR to expand sugar refining,…

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Africa’s first defense tech prime Terra Industries closes $34 million funding round

Terra Industries raises $34 million to expand Africa’s first homegrown defense tech…

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Nigerian billionaire Abdul Samad Rabiu shares boat cruise weeks after Masai Mara safari

Abdul Samad Rabiu shares a boat cruise after Masai Mara safari; BUA…

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Africa’s growth draws US, China as global powers vie for influence

Africa’s rapid growth draws the United States, China, and Russia as global…

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Africa’s oldest billionaire hits $10.4 billion after $1.55 billion bid fails

Natie Kirsh adds $734 million in 2026, pushing Africa’s oldest billionaire to…

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Nigerian billionaire Tony Elumelu backs President Tinubu on youth, power reforms

Tony Elumelu meets President Tinubu, supporting youth entrepreneurship, power sector reforms, and…

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IBL Group revenue hits $1.5 billion as regional diversification drives growth

IBL Group posts $1.5 billion revenue as regional diversification boosts profit and…

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Vukile targets more Spain, South Africa deals after $127 million Berceo mall buy

Vukile expands in Spain and South Africa after $127 million Berceo mall…

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