Omokolade Ajayi

192 Articles
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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,…

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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…

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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…

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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…

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South Africa’s richest man Johann Rupert gains $900M; net worth rises to $19.1B

South Africa’s Johann Rupert sees fortune rebound by $900 million, lifting his…

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Foreign investors targeted for $2B Kenya Airways rescue as Ethiopian Airlines posts $4.4B revenue

Kenya Airways plans $2 billion investment; Ethiopian Airlines reports $4.4 billion revenue,…

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Dangote Refinery attains full capacity, targets 75 million liters daily

Dangote Refinery hits 650,000 barrels per day and targets 75 million liters…

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Capitec edges FirstRand to become Africa’s most valuable bank as earnings seen up to 25%

Capitec Bank becomes Africa’s top bank as shares rise and earnings are…

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Ethiopian Airlines, Africa’s largest carrier, posts $4.4 billion revenue in H1 2026

Africa’s largest carrier reports $4.4 billion revenue in H1 2026, with strong…

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Naivas, Kenya’s largest retail chain, gets $1.03 million for 2025 protest losses

Naivas receives $1.03 million from CIC Insurance for 2025 protest losses, underscoring…

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Jumia posts $818.6 million merchandise sales in 2025

Jumia records $818.6 million in 2025 merchandise sales, boosting revenue and narrowing…

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Dangote Petroleum Refinery lowers petrol prices by 3% despite global oil squeeze

Dangote Petroleum Refinery cuts petrol prices by 3 percent to N774 per…

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