Omokolade Ajayi

776 Articles
Hot NewsTechnology

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 and secure $11 billion in critical infrastructure.

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Nigerian billionaire Abdul Samad Rabiu
TourismHot News

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 Foods posts record profits, and cement expansion underway.

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Hot NewsExclusive

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 powers compete for trade and influence.

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Natie Kirsh, Eswatini and South African billionaire and majority owner of Jetro Holdings.
BusinessHot News

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 $10.4 billion despite $1.55 billion bid fallout.

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BusinessHot News

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

Tony Elumelu meets President Tinubu, supporting youth entrepreneurship, power sector reforms, and economic growth in Nigeria.

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Hot NewsBusiness

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 cuts net debt, driven by retail and overseas operations.

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BusinessHot News

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 acquisition, targeting high-yield retail assets and strong tenants.

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BusinessHot News

Africa’s first Black billionaire recovers $100 million after $400 million drop

Africa’s first Black billionaire Patrice Motsepe rebounds $100 million after a $400 million drop, boosted by gold and mining stakes.

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TechnologyHot News

Tencent AI setbacks in China wipe $8.26 billion off Naspers’ market cap

Naspers loses $8.26 billion in market value as Tencent’s AI setbacks deepen, dragging shares down 19.3 percent despite strong ecommerce growth.

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BusinessHot News

Nigeria’s largest brewer returns to profit as revenue tops $1 billion

Nigerian Breweries returns to profit as revenue tops $1.08 billion, reversing prior losses and strengthening equity after debt cuts.

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BusinessHot News

Strive Masiyiwa, Zimbabwe’s richest man, rebuilds net worth to $1.5 billion

Strive Masiyiwa rebuilds wealth to $1.5 billion with AI, fintech, and renewable energy investments after a $500 million 2025 setback.

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Hot NewsBusiness

Thousands of jobs at risk as South Africa’s Tongaat Hulett faces liquidation

Thousands of jobs are at risk as South African sugar producer Tongaat Hulett faces liquidation after a failed $737 million rescue plan.

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