Timilehin Adejumobi

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African Bank
BusinessHot News

African Bank’s $343 million Eskom home loan deal collapses

African Bank’s $343 million Eskom mortgage portfolio acquisition collapsed after key deal conditions were unmet.

Timilehin Adejumobi Timilehin Adejumobi
Airtel Africa headquarter office
BusinessTechnology

Airtel Africa delays Mobile Money IPO amid Iran War cost pressure  

Airtel Africa delayed the IPO of Airtel Money to late 2026 as Iran war-linked costs rise, even as profit and revenue beat analyst estimates.

Timilehin Adejumobi Timilehin Adejumobi
Nasim Mohamed Devji DTB CEO
ExclusiveBusiness

Meet Nasim Devji: Kenya’s first female commercial Bank CEO

Nasim Devji, Kenya’s first female commercial bank CEO, has led DTB Group since 2001, driving steady growth across East Africa.

Timilehin Adejumobi Timilehin Adejumobi
Gibson Wachaga, Fintrust Securities Limited CEO
BusinessHot News

Kenya’s Fintrust Securities gets investment banking license

Fintrust Securities secures CMA approval, entering Kenya’s investment banking space with expanded bond trading capabilities.

Timilehin Adejumobi Timilehin Adejumobi
Tharisa-Mine
BusinessHot News

Tharisa expands South Africa mining projects with new contract

Tharisa signs a five-year deal with Cementation Africa to expand underground mining at its Rustenburg chrome and PGM operations in South Africa.

Timilehin Adejumobi Timilehin Adejumobi
Global commodities Group, Trafigura
BusinessHot News

Trafigura partners Egyptalum, MIH on $900 million Egypt smelter deal

Trafigura teams with Egyptalum and MIH on a $900 million aluminium smelter project aimed at doubling capacity in Egypt.

Timilehin Adejumobi Timilehin Adejumobi
Aliko Dangote, Africa’s richest man and founder of the Dangote Group
BusinessHot News

Africa’s richest man Aliko Dangote plans 20,000MW power project expansion

Aliko Dangote plans a 20,000MW power project as he expands into energy, fertiliser, LNG and refinery growth across Nigeria and global markets.

Timilehin Adejumobi Timilehin Adejumobi
Misr Travel
BusinessHot News

Egypt’s Misr Travel set for $2.4 million temporary listing on EGX

Misr Travel seeks $2.4M EGX listing as Egypt advances tourism sector reforms and state-owned asset modernization drive.

Timilehin Adejumobi Timilehin Adejumobi
Microsoft Data Centre
BusinessTechnology

Power shortage stalls Kenya’s $1billion Microsoft data center project

Kenya’s ambition to position itself as East Africa’s digital infrastructure hub has hit a setback after a $1 billion data center project backed by Microsoft and G42 was delayed due to insufficient electricity supply. President William Ruto said the country’s current power capacity cannot sustain the scale of the proposed facility, exposing structural weaknesses in Kenya’s energy system. Energy gap…

Timilehin Adejumobi Timilehin Adejumobi
Access Bank headquarters in Lagos, corporate headquarters of Access Holdings Plc.
BusinessHot News

Nigeria’s Access Bank to sell foreign units after Central Bank order

Access Bank plans to scale back foreign units after Central Bank of Nigeria caps overseas exposure at 10% of shareholders’ funds.

Timilehin Adejumobi Timilehin Adejumobi
Méstil Hotel & Residences
LuxuryTourism

Inside Méstil Hotel & Residences, Uganda’s rising luxury destination

Méstil Hotel & Residences is emerging as Kampala’s luxury hub for executives, diplomats and upscale global travelers.

Timilehin Adejumobi Timilehin Adejumobi
Trafigura
BusinessHot News

Trafigura targets stake in South Africa’s Natref refinery

Trafigura, a leading independent global commodities trader, is among a trio of global commodities traders competing for a 36.36% stake in South Africa’s Natref refinery, underscoring renewed international interest in strategic African energy infrastructure. The Singapore-based commodities giant is facing competition from industry rivals Vitol and Glencore as bidding advances for the minority holding in the 108,500-barrel-per-day refinery. The stake…

Timilehin Adejumobi Timilehin Adejumobi