Omokolade Ajayi

983 Articles

Aliko Dangote targets $100 billion revenue with $45 billion investment plan

Aliko Dangote targets $100 billion in annual revenue by 2030 as Dangote Industries pursues a $45 billion investment plan.

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$40 million fuel debt puts Nigerian oil tycoon Abdulrahman Bashar’s assets at risk

Abdulrahman Bashar faces asset seizures in Nigeria over more than $40 million in unpaid fuel-related obligations.

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Kenyan banker Gideon Muriuki’s stake nears $40 million as Co-op Bank shares surge

Co-op Bank CEO Gideon Muriuki has seen his 2.3 percent stake near $40 million as a 54.9 percent stock rally adds millions to his holdings in 2026.

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Nola Adetola’s ARN Foods acquires multimillion-dollar rice mill to boost food supply in Nigeria

Nola Adetola’s ARN Foods has started production at a 120-metric-tonne-per-day rice mill in Abuja as it expands Nigeria’s food-processing operations.

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How South Africa’s Jeanette Marais rose from a family farm to lead a $3B giant

From a Free State farm to leading Momentum Group, CEO Jeanette Marais has steered the $3.14 billion financial giant to record earnings and dividends.

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Zimbabwe’s richest man, Strive Masiyiwa, loses $100M as InfraCo shares tumble

Strive Masiyiwa’s fortune dropped $100 million to $2.1 billion after Econet InfraCo shares slid sharply on the Victoria Falls Stock Exchange.

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South African executive Shameel Joosub’s Vodacom stake nears $20M after share awards

Shameel Joosub’s Vodacom stake nears $20 million after his holdings rose by 123,103 shares through executive incentive awards.

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Airtel Money could file for London IPO Wednesday at up to $9 billion valuation

Airtel Money could file for a London IPO Wednesday at an $8 billion to $9 billion valuation, seeking at least $800 million.

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Aliko Dangote plans New York listing for $49 billion refinery after 2029 expansion

Aliko Dangote plans a New York Stock Exchange listing for his $49 billion refinery after expanding capacity to 1.4 million barrels a day by 2029.

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How Ethiopian billionaire Mohammed Al-Amoudi’s failed refinery left Morocco with a $7 billion bill

The collapse of Mohammed Al-Amoudi’s Samir refinery left Morocco facing a $7.1 billion economic toll, unpaid debts, and years of bitter legal battles.

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Nigerian energy tycoon Wale Tinubu warns Africa’s energy gap threatens its 2030 development goals

Nigerian energy tycoon Wale Tinubu warns Africa’s energy gap could threaten its 2030 goals as the continent seeks reliable power and investment.

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Aliko Dangote targets 2028 IPO for $3B fertiliser business

Aliko Dangote targets 2028 IPO for $3.02 billion fertiliser business

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