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adeer International
BusinessCompanies

Adeer International leads $2 billion push into Egypt’s hospitality sector

Adeer International Egypt investment targets a $2 billion expansion into hospitality, backed by major Saudi and Egyptian partners.

Timilehin Adejumobi Timilehin Adejumobi
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Swedish apparel heavyweight H&M
BusinessCompaniesHot News

Sweden’s H&M hits 30-store milestone in South Africa with Paarl Mall debut

H&M marks its 30th South African store with a new Paarl Mall branch, driving retail expansion and local job creation across the Western Cape.

Omokolade Ajayi Omokolade Ajayi
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Pivot Integrated Energy Services Limited (Pivot), a leading indigenous integrated downstream energy company.
CompaniesBusinessHot News

Pivot Energy redeems N8.25 billion commercial paper ahead of maturity, reinforcing investor confidence

Pivot Energy settled its N8.25 billion commercial paper ahead of maturity, reinforcing investor confidence and proving balance sheet discipline as it expands operations.

Editorial Team Editorial Team
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Caxton interim results 2025
BusinessCompaniesHot NewsLatest

Terrence Moolman’s Caxton takes stake worth $6 million in Transpaco as chairman exits

Terrence Moolman's Caxton, acquires more than 8% stake in Transpaco worth $6.21 million as chairman Derek Thomas offloads his 5.79% stake.

Feyisayo Ajayi Feyisayo Ajayi
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Grindrod
BusinessCompanies

Grindrod to haul South African coal to Mozambique by rail in 2027

Grindrod coal transport from South Africa to Mozambique will begin in 2027, opening a new route for regional coal exports.

Timilehin Adejumobi Timilehin Adejumobi
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Africa’s first Black billionaire Patrice Motsepe.
BankingBusinessCompaniesHot News

Billionaire Patrice Motsepe-backed GoTyme Bank targets 30 million customers by 2036

GoTyme Bank, backed by Patrice Motsepe, is targeting 30 million customers as it challenges Capitec’s dominance in South Africa’s retail banking market.

Omokolade Ajayi Omokolade Ajayi
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Dangote Group
BusinessCompaniesInvestments

Dangote Group eyes Egypt for major industrial expansion   

Dangote Group explores Egypt investments as Aliko Dangote seeks to expand his industrial empire across Africa.

Timilehin Adejumobi Timilehin Adejumobi
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Turpaz Industries
BusinessCompaniesHot NewsLuxury

Israel’s Turpaz Industries enters South Africa’s fragrance market with $10.6 million acquisition

Israel’s Turpaz Industries acquires a 70% stake in South Africa’s Sensory FX for $10.6 million, expanding its African fragrance business.

Feyisayo Ajayi Feyisayo Ajayi
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Shoprite Pieter Engelbrecht
BusinessCompaniesHot NewsLatest

Shoprite’s Pieter Engelbrecht, top executives unlock $7.5 million in share awards

Shoprite CEO Pieter Engelbrecht and nine senior executives receive performance-based share awards worth approximately $7.5 million.

Feyisayo Ajayi Feyisayo Ajayi
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