Timilehin Adejumobi

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South Africa’s Pepkor to acquire controlling stake in fintech platform in $738.5 million deal

Pepkor fintech merger with Shop2Shop creates a digital payments leader, accelerating financial services across South Africa's informal economy.

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Uganda Airlines orders eight Boeing jets to expand Africa and global routes

Uganda Airlines Boeing order adds eight new jets to expand African and global routes, boosting tourism, trade and connectivity.

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Nigeria opens bidding for 50 oil and gas blocks in major energy push

Nigeria opens bidding for 50 oil and gas blocks, aiming to attract investment, boost crude output and strengthen Africa's energy sector.

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Kenyan businessman Suresh Bhagwanji Shah’s stake in I&M Group tops $90 million

Suresh Bhagwanji Shah stake in I&M Group tops $90 million as NSE shares rally and the bank reports record quarterly profit.

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Wema Bank partners Duplo to expand into business financial software 

Wema Bank Duplo partnership adds financial software tools to ALAT Business as banks compete for SME and corporate.

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Aspen Pharmacare wins Canada approval for generic Ozempic

Aspen wins Canada approval for generic Ozempic, expanding access to lower-cost Type 2 diabetes treatment.

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Egypt secures $391 million UAE-backed investment for Gulf of Suez grid

Egypt Gulf of Suez grid investment reaches $391 million, strengthening renewable energy, power transmission and clean energy growth.

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World Bank approves $1.5 billion for South Africa’s infrastructure push

South Africa has secured a $1.5 billion World Bank loan to speed up reforms across its electricity, transport, water and sanitation sectors, strengthening infrastructure that the government says could support nearly 600,000 jobs by 2032 and help lift economic growth. The financing, provided through the International Bank for Reconstruction and Development (IBRD), marks the fourth stand-alone operation approved for South…

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Shearzone Safaris opens Nzovu Rundu Luxury Camp in Lower Zambezi   

Zambia’s Nzovu Rundu Luxury Camp brings premium safari experiences, conservation efforts and community investment to Lower Zambezi.

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Saul Saltzman, son of Dis-Chem founders, resigns from board

Saul Saltzman resigns from Dis-Chem board as the pharmacy retailer undergoes leadership changes after years of expansion.

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Morocco to expand hotel capacity by a fifth ahead of 2030 World Cup    

Morocco hotel capacity expansion adds 60,000 beds ahead of the 2030 World Cup as tourism investment accelerates.

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Perenti’s AMS expands Ghana presence with new mine contract deal

Perenti AMS Ghana Mine Contract boosts Ghana growth after AngloGold Ashanti awards a new mining services deal at Iduapriem.

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