Omokolade Ajayi

600 Articles
Moroccan property technology company Agenz.
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Moroccan proptech Agenz raises $5 million to scale AI property tech

Agenz raises $5 million led by Breega and other investors to scale AI-powered property data and expand Morocco real estate platform.

Omokolade Ajayi Omokolade Ajayi
Gary Nagle, CEO of Glencore, leading the global mining and commodity trading company.
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South African executive Gary Nagle’s Glencore stake nears $30 million on London gains

Glencore CEO Gary Nagle sees his equity holding approach $30 million following London stock gains.

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Uganda Airlines Boeing Dreamliner aircraft.
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Uganda Airlines bets nearly $1 billion on 10 Boeing jets to expand global reach

Uganda Airlines signs a nearly $1 billion Boeing deal for 10 jets to expand its global reach and challenge regional rivals.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker Nancy Njau, the CEO of Family Bank.
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Kenyan banker Nancy Njau takes Family Bank to Nairobi bourse with $1.8 billiin assets

Nancy Njau leads Family Bank to a Nairobi bourse listing with $1.8 billion in assets and surging profits following years of strategic capital growth.

Omokolade Ajayi Omokolade Ajayi
Egyptian wheat supply linked to import diversification strategy.
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Egypt buys record amount of wheat from farmers after reforms

Egypt bought a record 4.6 million tons of local wheat after policy reforms raised domestic prices to ease foreign currency shortages.

Omokolade Ajayi Omokolade Ajayi
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Elon Musk’s SpaceX beats Saudi Aramco in landmark IPO, raising $75 billion

SpaceX raises $75 billion in a record IPO, surpassing Saudi Aramco and valuing Elon Musk’s company at $1.77 trillion.

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Standard Bank, Africa's biggest lender by assets.
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Standard Bank eyes lead advisory role in Dangote refinery IPO, expansion plans

Standard Bank plans a lead advisory role in the Dangote refinery initial public offering while signaling support for future expansion across Africa.

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Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria.
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Dangote Refinery valued at $39.1 billion in private placement as it seeks fresh capital

Dangote Petroleum Refinery is valued at $39.1 billion in a private placement aiming to raise about $1 billion in fresh capital.

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TechnologyBusinessHot News

MTN CEO Ralph Mupita: Nigerian, Ugandan fintech spinoffs entering final stages

MTN Group is in the final stages of spinning off its Nigerian and Ugandan fintech units, clearing the path for strategic minority stake sales.

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Ghana’s Sentuo oil refinery.
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Ecobank leads $200 million push to double Ghana’s Sentuo Oil Refinery capacity

Ecobank leads a $200 million syndicated facility to expand the $1.98 billion Sentuo refinery, cutting Ghana's dependency on foreign oil.

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South African executive Dawie de Villiers.
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South African executive Dawie de Villiers steers Alexforbes to $44 billion in assets

Alexforbes assets hit $44.4 billion under Dawie de Villiers as 2026 normalized profit jumps 22 percent amid retail and platform growth.

Omokolade Ajayi Omokolade Ajayi
NERC headquarters building in Abuja’s Central Business District, Nigeria’s capital administrative district.
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Nigeria’s power sector bleeds $230 million over unpaid energy bills in Q1 2026

Nigeria’s power distributors lost $230 million in Q1 2026 as unbilled electricity, unpaid customer debts, and power theft deepened sector losses.

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