Omokolade Ajayi

983 Articles
Nigerian billionaire Tony Elumelu.
BillionairesCompaniesHot News

Nigerian billionaire Tony Elumelu deepens grip on Seplat Energy with $59.7 million share buy

Tony Elumelu lifts his Seplat Energy stake to 126.4 million shares worth $1.26 billion through a fresh $59.7 million share acquisition.

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Muibi Kehinde Hammed
BusinessCompaniesExecutivesHot News

Nigerian founder Muibi Kehinde Hammed leads MKH Properties to record N10 billion market win

MKH Properties, led by Muibi Kehinde Hammed, raises over N10 billion ($7.5 million) in its debut commercial paper issue to fuel real estate expansion.

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Nigerian energy tycoon Wale Tinubu
BusinessEnergyHot News

Oil mogul Wale Tinubu makes bold pitch for Nigeria’s $6.4 billion creative industry

Wale Tinubu urges global investors to fund Nigeria’s $6.4 billion creative economy, citing surging global demand for African music and culture.

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Nigerian billionaire Tony Elumelu
BillionairesHot News

Nigerian billionaire Tony Elumelu urges global shift from foreign aid to investment

At UNGA, Tony Elumelu urged global leaders to replace foreign aid with direct investment, highlighting $4.2 billion generated by African startups.

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Aliko Dangote, Africa's richest man and Dangote group President
BillionairesCompaniesHot News

Africa’s richest man Aliko Dangote targets $36 billion revenue in 2026

Aliko Dangote’s conglomerate targets $36 billion in revenue for 2026, doubling its 2025 earnings behind aggressive refining and energy expansion.

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Kenyan tycoon Peter Muthoka
MiningEntrepreneursHot News

Kenyan tycoon Peter Muthoka pockets $19 million from airport cargo business

Kenyan tycoon Peter Muthoka pockets $19 million from the sale of his airport cargo business to Celebi Cargo GmbH.

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Chiawa main areas, TCunniffe
LuxuryHot NewsLifestyle

Zambia’s renowned safari camps acquired by Indian hotelier in major luxury deal

Indian hotelier Jaisal Singh has acquired Zambia’s Chiawa Camp and Old Mondoro, expanding SUJÁN’s luxury safari portfolio into the Lower Zambezi.

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South African business leader Mteto Nyati
ExecutivesHot News

South African business leader Mteto Nyati gets three-year extension as Eskom chairperson

Mteto Nyati secures a three-year extension as Eskom chairperson to lead South Africa’s power utility through key energy and market reforms.

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Ghanaian tycoon Sam Jonah
MiningCompaniesHot News

Ghanaian tycoon Sam Jonah leads $1 billion push into Africa’s critical minerals

Sam Jonah is co-leading a $1 billion venture targeting Africa’s critical minerals, including copper, lithium, cobalt and graphite.

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South African café chain Bootlegger
LifestyleCompaniesHospitality

South African café chain Bootlegger plans 16 new stores in rapid rollout

Bootlegger Coffee Company plans to open 16 new stores across South Africa over the next two months as it accelerates its nationwide expansion.

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South African executive Raisibe Morathi
ExecutivesHot NewsMarkets

Limpopo-born executive Raisibe Morathi’s Vodacom stake tops $5 million

Vodacom CFO Raisibe Morathi’s direct shareholding in the telecom giant tops $5.02 million following long-term executive incentive vestings.

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Mauritian resort group Lux Island Resorts
CompaniesBusinessHot News

Mauritian resort group Lux Island Resorts posts $33 million profit as tourism surges

Lux Island Resorts posts $32.6 million profit as stronger Mauritius tourism and lower financing costs lift earnings.

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