Omokolade Ajayi

600 Articles

Moroccan billionaire Anas Sefrioui’s net worth rises $100 million in 24 hours

Anas Sefrioui's net worth climbed to $1.5 billion following a $100 million surge driven by a rally in Addoha housing shares.

Omokolade Ajayi Omokolade Ajayi

Pretoria-born trillionaire, Elon Musk, projects $1 trillion SpaceX revenue by 2030

Elon Musk projects SpaceX annual revenue could reach $1 trillion by 2030 following its historic public listing.

Omokolade Ajayi Omokolade Ajayi

United Capital buys $13.3 million stake in Nigerian Exchange Group amid Africa expansion push

United Capital acquires a 5 percent stake in Nigerian Exchange Group worth $13.3 million, reinforcing its Africa expansion strategy and capital market footprint.

Omokolade Ajayi Omokolade Ajayi

World Bank prepares $750 million loan to support Kenya’s fiscal reforms

The World Bank prepares a $750 million budget support loan for Kenya to ease debt pressures and drive fiscal reforms.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote secures AFC backing for $7 billion fertilizer expansion in Nigeria, Ethiopia

Dangote Industries partners with AFC for a $7 billion fertilizer expansion to scale output across Nigeria and Ethiopia.

Omokolade Ajayi Omokolade Ajayi

Wema Bank’s Q1 2026 profit rises to $46.4 million on stronger lending income

Wema Bank's profit after tax rose to $46.4 million in Q1 2026, driven by a surge in net interest income and continued retail and corporate loan growth across Nigeria.

Omokolade Ajayi Omokolade Ajayi

With nearly $20 billion fortune, Johann Rupert is back as Africa’s second-richest person

Johann Rupert is back as Africa’s second-richest person with a $19.9 billion fortune as luxury group Richemont edges ahead of BUA's Rabiu.

Omokolade Ajayi Omokolade Ajayi

Mauritius-based Harel Mallac steers recovery as turnaround efforts lift revenue to $72.5 million

Port Louis-based diversified conglomerate Harel Mallac returns to operating profit as turnaround efforts lift revenue to $72.5 million.

Omokolade Ajayi Omokolade Ajayi

Nigerian agribusiness entrepreneur Rotimi Opeyemi leads JR Farms Group to $60 million Liberia coffee deal

Nigerian agribusiness entrepreneur Rotimi Opeyemi’s JR Farms Group signs a $60 million Liberia coffee deal to expand production, exports, and rural jobs.

Omokolade Ajayi Omokolade Ajayi

Egypt’s richest man follows $400M gold push with $115M Greek resort

Egyptian billionaire Naguib Sawiris follows a $400 million gold hedge with a new $115.7 million luxury resort on the Mediterranean island of Mykonos.

Omokolade Ajayi Omokolade Ajayi

Uber eyes Delivery Hero takeover as Prosus gains time to defend stake

As Prosus wins more time for its Delivery Hero stake sale, Uber is pursuing a full takeover of the German food delivery firm to expand its global market.

Omokolade Ajayi Omokolade Ajayi

From Pretoria to $1 trillion: Elon Musk becomes world’s first trillionaire

From Pretoria to a $1.1 trillion net worth: how Elon Musk made economic history on Wall Street as the world's first trillionaire.

Omokolade Ajayi Omokolade Ajayi