Timilehin Adejumobi

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1351 Articles

Kenya’s Mitsumi targets India, Iraq and Morocco expansion

Kenya’s Mitsumi Expansion targets India, Iraq and Morocco, boosting AI infrastructure, cloud services and digital growth.

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Nigeria backs exporters with $1 billion AfCFTA growth fund

Nigeria AfCFTA Growth Fund unlocks $1 billion for exporters, manufacturers and SMEs to boost African trade growth.

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Alcazar Energy lands $420 million deal on Egypt wind farm expansion

Alcazar Energy Egypt wind farm deal worth $420M expands Gabal El Zeit project, boosting Egypt’s renewable energy transition.

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Pepkor chair Wendy Luhabe to step down after nearly six years in role 

Pepkor chair Wendy Luhabe will step down June 2026 after six years, as the retailer begins succession planning and expansion push.

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IMF warns Nigeria over $5 billion Abu Dhabi Bank swap deal

IMF warns Nigeria over a $5 billion Abu Dhabi Bank swap deal, citing transparency, debt risks and fiscal concerns.

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Kenyan businessman Suresh Bhagwanji Shah’s stake in I&M Group tops $70 million

Suresh Shah I&M Group stake tops $70 million as NSE rally and strong earnings lift investor confidence across East Africa markets

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Africa mining boost as Swakop Uranium, Sonangol sign minerals pact

Swakop Uranium Sonangol minerals pact signals Africa’s critical minerals push amid rising uranium demand and global energy transition shift.

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Amazon targets Kenya in push to grow Africa connectivity

Amazon satellite internet Kenya accelerates Africa push as Project Kuiper seeks approval for a new Kenya earth station.

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ARM-Harith hits $76 million first close, targets $200 million for African infrastructure fund   

ARM-Harith secures $76 million first close for African infrastructure fund targeting energy, transport, and climate-linked investments.

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Neelkanth Sarovar Premiere: Lusaka’s modern luxury benchmark

Neelkanth Sarovar Premiere Lusaka defines luxury hospitality in Zambia, blending business travel efficiency with 5-star comfort.

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Sumitomo Corp. to exit Madagascar nickel project in $418 million stake sale

Sumitomo exits the Ambatovy nickel project in Madagascar via $418m stake sale, reshaping global battery metals and EV supply chains.

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Technip Energies wins Mozambique LNG contract with Eni-led consortium

Technip Energies Mozambique LNG contract boosts Coral Norte FLNG expansion with Eni-led consortium, strengthening Africa LNG growth.

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