Timilehin Adejumobi

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1194 Articles
BUA-Foods
BusinessHot News

BUA plans production expansion after declaring $366 million dividend

BUA Foods production expansion plans follow a $366 million dividend payout as the company targets bigger food manufacturing capacity.

Timilehin Adejumobi Timilehin Adejumobi
Glencore
BusinessHot News

Dutch court blocks Glencore’s bid to buy back logistics unit at discount      

Glencore Access World buyback deal blocked by Dutch court over valuation concerns and private sale process dispute.

Timilehin Adejumobi Timilehin Adejumobi
Sun-Pharma
BusinessGlobal News

Sun Pharma wins South Africa approval to launch generic Ozempic rival    

Sun Pharma wins South Africa approval for generic Ozempic, expanding access to lower-cost diabetes treatment.

Timilehin Adejumobi Timilehin Adejumobi
Batandwa-Damoyi, Acting CEO of PIC
BusinessHot News

PIC appoints Batandwa Damoyi as acting CEO after leadership change

Batandwa Damoyi becomes PIC acting CEO after Patrick Dlamini's suspension as the asset manager faces governance scrutiny.

Timilehin Adejumobi Timilehin Adejumobi
Herotel
TechnologyBusiness

Herotel to bring Amazon’s Leo satellite internet to South Africa in 2027

Amazon Leo satellite internet South Africa launches in 2027 through Herotel, expanding broadband access beyond fibre networks.

Timilehin Adejumobi Timilehin Adejumobi
Tshepo Mahloele
BusinessHot News

South African billionaire Tshepo Mahloele’s Harith secures approval to acquire FlySafair

Harith acquisition of FlySafair wins approval as Tshepo Mahloele’s fund moves closer to controlling South Africa’s top low-cost airline.

Timilehin Adejumobi Timilehin Adejumobi
Nedbank
BusinessHot News

Nedbank CIB backs AngloGold Ashanti’s Geita gold mine with $500 million facility

Geita Gold Mine financing gets a $500 million boost from Nedbank CIB as Tanzania’s largest gold operation expands.

Timilehin Adejumobi Timilehin Adejumobi
AFDB
BusinessHot News

AfDB backs Egypt’s Dandara solar project with $66 million financing

Dandara solar project receives $66 million AfDB funding to boost Egypt’s renewable energy, storage capacity and green industry growth.

Timilehin Adejumobi Timilehin Adejumobi
TMG
TourismBusiness

Egyptian billionaire Hisham Talaat Moustafa’s TMG bets big on tourism with hotel expansion

TMG hotel expansion plans aim to double Egypt’s luxury hotel portfolio as Hisham Talaat Moustafa targets tourism growth.

Timilehin Adejumobi Timilehin Adejumobi
Alami Lazraq ADI stake loss
BusinessHot News

Moroccan real estate mogul Alami Lazraq’s ADI stake drops below half a billion dollar

Alami Lazraq's ADI stake drops below $500 million as weaker ADI shares reduce the Moroccan property billionaire's fortune.

Timilehin Adejumobi Timilehin Adejumobi
Purple Group Limited CEO Charles Savage
BusinessTechnology

South Africa’s Purple Group acquires Australian firm in $10.6 million deal

Purple Group AI acquisition of Telescope AI strengthens fintech growth with artificial intelligence investment solutions worldwide.

Timilehin Adejumobi Timilehin Adejumobi
Nasan-Energ
BusinessHot News

Nasan Energies expands in Namibia with $50 million fuel station deal

Nasan Energies fuel stations deal expands Namibia’s energy sector after acquiring 52 Engen and Shell stations in a $50 million deal.

Timilehin Adejumobi Timilehin Adejumobi