Timilehin Adejumobi

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South Africa’s Biovac secures $15 million from AfDB to scale Africa’s vaccine production

Biovac vaccine production gets a $15 million AfDB loan to expand Cape Town capacity to 500 million doses and boost Africa’s vaccine supply.

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Egyptian Billionaire Hisham Talaat Moustafa’s TMG adopts SAP Cloud AI

TMG SAP Cloud AI deal modernizes Egypt’s largest developer with cloud ERP, AI and analytics to support expansion and efficiency.

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South African billionaire Ivan Saltzman exits Dis-Chem board after 48 years 

Dis-Chem founder Ivan Saltzman leaves the board after 48 years as South Africa's pharmacy retailer enters a new chapter.

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Perseus Mining steps up construction at Tanzania gold project

Nyanzaga Gold Project construction accelerates in Tanzania as Perseus Mining targets first gold in January 2027.

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EU completes $5.6 billion Egypt funding program with new $1.7 billion payment

EU funding for Egypt rises to $5.6 billion as a new $1.7 billion payment backs economic reforms, stability and IMF-linked measures.

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Indian billionaire Sajjan Jindal’s group backs $160 million Africa mining project

Indian billionaire Sajjan Jindal Africa mining project invests $160 million to build Mozambique's first fully electric coal mine.

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Kwetsani Camp reopens in Botswana’s Okavango Delta after major redesign   

Kwetsani Camp has reopened in Botswana's Okavango Delta with redesigned luxury suites, solar power and immersive safari experiences.

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Aspen, MSD join forces to expand HIV prevention across Africa

Aspen MSD HIV prevention Africa partnership aims to expand access to a once-monthly HIV prevention pill across the continent.

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Pick n Pay Chair James Formby takes lead role at Vukile Property Fund

James Formby Vukile Property Fund appointment strengthens board oversight as the Pick n Pay chair takes a lead independent role.

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Nigeria’s money supply climbs to $98 billion despite tight monetary policy

Nigeria money supply climbed to $98 billion in June 2026 as deposit growth offset tight CBN monetary policy and high interest rates.

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South32 takes $118 million hit as Mozambique’s Mozal smelter shuts down

South32 Mozal smelter shutdown triggers a $118 million charge as soaring power costs force Mozambique's largest aluminum plant offline.

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Amazon Leo to outpace Starlink speeds within a year, Herotel CEO says

Amazon Leo satellite internet is set to challenge Starlink as Herotel backs Amazon’s push into South Africa’s broadband market.

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