Timilehin Adejumobi

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Banque Misr
BankingBusiness

Egypt’s NBE set to acquire Banque Misr’s UAE banking operations

NBE Banque Misr acquisition gets UAE preliminary approval as Egypt combines its banks’ UAE operations amid US pressure.

Timilehin Adejumobi Timilehin Adejumobi
Lesaka Bank Zero deal extension
BusinessBanking

Bank Zero turns profitable as Lesaka prepares $68 million acquisition  

Bank Zero turns profitable ahead of schedule as Lesaka advances its $68 million acquisition and expansion plans.

Timilehin Adejumobi Timilehin Adejumobi
Vedanta
MiningBusiness

Vedanta’s KCM resumes copper smelter operations in Zambia     

Vedanta KCM copper smelter operations resume in Zambia after 106 days of repairs, restoring capacity at the Nchanga plant.

Timilehin Adejumobi Timilehin Adejumobi
South African Consortium led by Neal Froneman
BusinessHot NewsInvestments

South African Consortium led by Neal Froneman plans $412 million F1 project  

South Africa F1 project led by Neal Froneman targets a $412 million circuit and development north of Cape Town.

Timilehin Adejumobi Timilehin Adejumobi
Jens Montanana, Datatec Founder & CEO
ExecutivesBusiness

Datatec CEO Jens Montanana earns $12.5 million in 2026

Jens Montanana's pay reached $12.5 million at Datatec in 2026 as profit jumped 57%, lifting his compensation by 53%.

Timilehin Adejumobi Timilehin Adejumobi
Uganda Fuel Storage Terminal
EnergyBusinessInvestments

Uganda advances refinery plans with $250 million fuel storage terminal

Uganda fuel storage terminal gets a $250 million investment as the country expands petroleum reserves ahead of a planned refinery.

Timilehin Adejumobi Timilehin Adejumobi
Johann Rupert, South African billionaire & Remgro chair
TechnologyBillionairesBusiness

Johann Rupert’s fibre companies pass 2.9 million homes in South Africa

Johann Rupert fibre companies now reach 2.9 million South African homes as Remgro expands Vumatel, Herotel and broadband networks.

Timilehin Adejumobi Timilehin Adejumobi
The Courtyard Hotel in Summerstrand, Gqeberha
TourismLuxury

City Lodge refurbishes Gqeberha hotel as tourism prospects grow  

City Lodge is investing in Gqeberha’s tourism market with Courtyard Hotel upgrade, new jobs and a restaurant aimed at local diners.

Timilehin Adejumobi Timilehin Adejumobi
KENYA Power & Lighting Plc
BusinessEnergy

Kenya Power hires 1,154 staff as expansion drives workforce growth    

Kenya Power hires 1,154 staff as customer growth, network expansion and engineering shortages reshape its workforce.

Timilehin Adejumobi Timilehin Adejumobi
Abbey Bank private placement
BusinessBanking

Abbey Bank names five investors with 72.35% stake after $48.5 million placement

Abbey Bank private placement gives five investors a 72.35% stake after raising $48.5 million through 26.56 billion new shares.

Timilehin Adejumobi Timilehin Adejumobi
Blue Tourmaline
LifestyleLuxury

Why Namibia’s rare blue Tourmaline is attracting wealthy collectors

Namibia blue tourmaline is drawing collectors to Erongo, where rare color, provenance and scarcity are reshaping the African gemstone story.

Timilehin Adejumobi Timilehin Adejumobi
Azania Bank,Tanzania
BusinessBanking

Azania Bank secures $10 million Afreximbank facility for Tanzanian SMEs

Azania Bank secures a $10 million facility from Afreximbank to expand SME financing and support Tanzanian exporters.

Timilehin Adejumobi Timilehin Adejumobi