Omokolade Ajayi

776 Articles
Chakib Alj
BusinessBillionairesHot News

Chakib Alj completes Forafric deal as food empire expands across Morocco

Chakib Alj completes Forafric Maroc takeover, expanding Cap Holding’s food business across Morocco’s flour, pasta and couscous market.

Omokolade Ajayi Omokolade Ajayi
TechnologyBusinessHot News

Senegalese financier Ibrahim Sagna-led Silverbacks invests $37 million in Lagos-founded Moove

Silverbacks Holdings invests $37 million in Moove, scaling its stake to over $62 million as the mobility giant expands.

Omokolade Ajayi Omokolade Ajayi
Ethiopian business executive Yodit Kassa
BusinessHot News

Yodit Kassa named CEO of Ethiopian Securities Exchange as market expansion accelerates

Yodit Kassa takes over as CEO of the Ethiopian Securities Exchange (ESX) to drive market expansion, attract new listings, and deepen investment.

Omokolade Ajayi Omokolade Ajayi
BusinessBillionairesHot News

Femi Otedola nears $2 billion on Forbes as people close to him value fortune above $3 billion

Femi Otedola closes in on $2 billion on Forbes, driven by a $1.13 billion First HoldCo stake, while insiders value his net worth above $3 billion.

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South African executive Raisibe Morathi
Hot NewsBusiness

South African executive Raisibe Morathi’s pay climbs to $4.25 million at Vodacom

Vodacom CFO Raisibe Morathi's FY2026 pay doubled to $4.25 million, driven by strong earnings and $2.55 million in long-term incentive awards.

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Egyptian wheat supply linked to import diversification strategy.
Global NewsBusinessHot News

Global food prices hit 3-year high as grain shortages and extreme weather fuel fears

Global food prices hit a three-year high in July as grain supply fears, extreme weather, and Black Sea tensions squeezed agricultural markets.

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Close-up of South African Airways aircraft.
BusinessHot News

SAA, Emirates deepen alliance with expanded Africa route network

SAA and Emirates expand their codeshare, giving travelers single-ticket access to 9 key African routes via Johannesburg.

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African electric mobility company Spiro.
TechnologyBusinessHot News

Spiro opens seventh Rwanda battery swap hub after securing $270 million funding

Spiro expands its Rwandan battery-swapping network with a seventh mega station, leveraging $270 million in funding to power African electric transit.

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Kenyan banker John Gachora
Hot NewsBusiness

Kenyan banker John Gachora leads NCBA Group to $95.8 million half-year profit

NCBA Group led by John Gachora reports a $95.8 million half-year profit as digital loans soar, lifting interim dividend payouts by 50 percent.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BillionairesBusinessHot News

Aliko Dangote to use $5 billion IPO to expand Lagos refinery, build Kenya plant

Aliko Dangote targets $5 billion from the Dangote Refinery IPO to expand capacity in Lagos and build a new $17 billion refinery in Kenya.

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Zimbabwe tycoon Simon Rudland
BusinessHot News

Zimbabwe tycoon Simon Rudland opens $25 million citrus plant, creating 1,500 jobs

Simon Rudland opens $25 million citrus plant, creating 1,500 jobs.

Omokolade Ajayi Omokolade Ajayi
British-Nigerian entrepreneur Ladi Delano
TechnologyBusinessHot News

Ladi Delano’s Moove hits $2.1 billion valuation after $250 million funding

Ladi Delano's Moove hits a $2.1 billion valuation after securing $250 million to power driverless vehicle infrastructure across global markets.

Omokolade Ajayi Omokolade Ajayi