Omokolade Ajayi

603 Articles
Evening skyline of Johannesburg, South Africa, showcasing the city’s financial district and urban landscape.
Hot NewsBusiness

South Africa’s GDP rises 0.5% in Q1, but spending and investment weaken

South Africa’s economy grew 0.5 percent in Q1, beating survey estimates despite a sharp drop in consumer spending and rising fuel costs.

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Nigerian billionaire Abdul Samad Rabiu.
LuxuryBusinessHot News

Nigerian billionaire Abdul Samad Rabiu takes delivery of Bombardier Global 8000, world’s fastest business jet

Abdul Samad Rabiu takes delivery of Bombardier's Global 8000 jet to boost BUA Group's global business travel.

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Nigerian billionaire Tony Elumelu.
Hot NewsBillionairesBusiness

Nigerian billionaire Tony Elumelu named chairman of Seplat Energy

Tony Elumelu will become chairman of Seplat Energy in January 2027, succeeding Senator Udoma Udo Udoma.

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TechnologyBillionairesBusinessHot News

Google’s $30 billion deal strengthens case for Elon Musk’s SpaceX $1.77 trillion IPO

Google’s $30 billion SpaceX deal validates the metrics for Elon Musk's upcoming $1.77 trillion IPO.

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MTN Group rolls out MTN One TV
TechnologyBusinessHot News

MTN launches One TV to drive digital entertainment across Africa

MTN rolls out MTN One TV, linking its mobile network and fintech to scale digital entertainment and content monetization across Africa.

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Nigerian executive Emmanuel Omuojine.
Hot NewsBusiness

Nigerian executive Emmanuel Omuojine, an ex-PwC manager, takes helm at Rainoil

Former PwC manager Emmanuel Omuojine takes helm at Rainoil Limited to lead its massive downstream oil and gas distribution network.

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Kainji Hydro Power Plant Kainji Dam, located in Borgu LGA of Niger State.
Hot NewsBusiness

New project at Nigeria’s Kainji dam aims to stabilize power grid

Mainstream Energy begins a critical Kainji expansion to inject 220 megawatts into Nigeria's grid, targeting a reduction in blackouts.

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Egyptian fintech startup, Blnk
TechnologyBusinessHot News

Egyptian fintech startup, Blnk, raises $37 million to scale AI-driven consumer lending

Blnk raises $37 million in equity and debt to expand point-of-sale consumer credit and drive financial inclusion.

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Africa’s first Black billionaire Patrice Motsepe.
BillionairesBusinessHot News

Africa’s first Black billionaire Patrice Motsepe loses $800 million in under five months

Patrice Motsepe loses $800 million in under five months as Harmony Gold and ARM shares tumble on the JSE amid a broader precious metals retreat.

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Nigerian billionaire Tony Elumelu, with United Capital CEO Peter Ashade and other executives of the company
Hot NewsBusiness

Nigeria’s United Capital enters East Africa, clinches operating licenses in Ethiopia, Rwanda

United Capital enters Ethiopia and Rwanda, becoming the first foreign investment bank permitted to handle investment banking services in Ethiopia.

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Aliko Dangote, Africa’s richest man and founder of the Dangote Group
Hot NewsBillionairesBusiness

Aliko Dangote’s net worth nears $40 billion as refinery eyes $50 billion IPO

Aliko Dangote’s wealth nears $40 billion as a planned $50 billion refinery IPO draws strong global investor interest and massive capital requests.

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Ethiopian Airlines Group.
Hot NewsBillionairesBusiness

Ethiopian Airlines plots 25-jet expansion plan, following $4.4 billion first-half revenue

Ethiopian Airlines plans to buy 25 regional commercial jets following a record $4.4 billion first-half revenue performance.

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