Timilehin Adejumobi

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Inospace head office
BusinessHot News

Inospace eyes $60 million industrial expansion after asset sell-out

South Africa’s Inospace targets $60m+ acquisitions after R545m asset sales, boosting SME industrial and logistics real estate growth.

Timilehin Adejumobi Timilehin Adejumobi
Vodacom HQ
TechnologyBusiness

Kenya Court halts $1.9 billion Safaricom stake sale to Vodacom  

Kenya’s High Court blocks $1.9 billion plan to sell a 15% Safaricom stake to Vodacom, citing constitutional concerns and valuation disputes.

Timilehin Adejumobi Timilehin Adejumobi
Vukile Property Fund
BusinessHot News

South Africa’s Vukile raises $168 million for Italy expansion

South Africa’s Vukile raised $168 million on the JSE to fund Italy retail acquisitions and expand its European footprint.

Timilehin Adejumobi Timilehin Adejumobi
Drilling machine
BusinessHot News

Ariana Resources secures $27.4 million to advance Zimbabwe mining project

Ariana Resources raises $27.4m via Zenit stake sale to fund Zimbabwe Dokwe gold project, boosting cash to $53m ahead of key milestones.

Timilehin Adejumobi Timilehin Adejumobi
Balfour mall
BusinessHot News

Fortress Real Estate acquires control of Balfour Mall, plans redevelopment

Fortress Real Estate has acquired control of Johannesburg’s Balfour Mall and plans a major redevelopment targeting 2027 reopening.

Timilehin Adejumobi Timilehin Adejumobi
National Bank of Ethiopia
BusinessHot News

Ethiopia injects $500 million in FX auction to stabilize currency market

Ethiopia injects $500M into FX auction as dollar shortages deepen, signaling ongoing pressure on the birr and market reforms.

Timilehin Adejumobi Timilehin Adejumobi
Afrimat-Readymix truck
BusinessHot News

Afrimat secures mining rights ruling tied to Transnet corridor

Afrimat secures a High Court order compelling South Africa’s mining minister to approve a key mining rights transfer linked to Transnet’s iron ore export corridor.

Timilehin Adejumobi Timilehin Adejumobi
The SPAR
BusinessHot News

South Africa’s SPAR exits UK market in $17.4 million disposal deal

SPAR Group exits UK in $17.4 million disposal, selling 71 stores as it shifts focus to Africa and Ireland, cutting debt and restructuring.

Timilehin Adejumobi Timilehin Adejumobi
Cruise ship sailing along Africa’s Atlantic coastline
TourismLuxury

10 cruise routes reshaping Africa’s Atlantic tourism coastline

Global cruise operators are expanding into Africa’s Atlantic coast, introducing 10 new routes linking West Africa, Namibia, and Atlantic islands.

Timilehin Adejumobi Timilehin Adejumobi
Bankenveld District City
BusinessLuxury

Calgro M3 breaks ground on $1 billion Bankenveld City near Sandton

Calgro M3 starts $1 billion Bankenveld City near Sandton, a mixed-use development set to deliver 20,000 homes and infrastructure in Johannesburg.

Timilehin Adejumobi Timilehin Adejumobi
Anglo Australian steelmaking coal mines
BusinessHot News

Anglo American plans $3.8 billion sale of Australian coal mines 

Anglo American agrees to sell its Australian coal mines for up to $3.88 billion, accelerating its shift toward copper and debt reduction.

Timilehin Adejumobi Timilehin Adejumobi
Uganda President Yoweri Museveni & Starlink official
TechnologyBusiness

Starlink secures Uganda license for satellite internet rollout 

Uganda grants a license to Starlink, clearing the way for satellite broadband rollout led by SpaceX.

Timilehin Adejumobi Timilehin Adejumobi