Business

7 most valuable banks in Kenya
BusinessHot News

7 most valuable lenders in Kenya with over half a billion dollar valuation

Kenya’s top 10 banks dominate East Africa, shaping trade, credit, and investment while driving Nairobi Securities Exchange growth.

Feyisayo Ajayi Feyisayo Ajayi
Aswan named D-8 Tourist City of the Year 2026, boosting Egypt’s tourism
BusinessTourism

Egypt’s Aswan wins D-8 tourist City honor

Aswan named D-8 Tourist City of the Year 2026, boosting Egypt’s tourism profile, cultural travel appeal, and regional visitor interest.

Oluwatosin Alao Oluwatosin Alao
lithium concentrate production
BusinessHot News

European Investment Bank $80 million investment strengthens Egypt’s private sector

EIB commits $80 million to RMBV North Africa Fund III, boosting Egyptian private sector growth and global investment confidence.

Feyisayo Ajayi Feyisayo Ajayi
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South Africa’s $1 billion LNG terminal delayed to 2028 after court disrupts plans

South Africa’s $1 billion LNG terminal at Richards Bay delayed to 2028…

Omokolade Ajayi Omokolade Ajayi
Tony Elumelu Foundation 2026 cohort
Featured

Tony Elumelu Foundation to disburse nearly $16 million to 3,199 entrepreneurs in 2026 cohort

Tony Elumelu Foundation to disburse nearly $16 million to 3,199 African entrepreneurs…

Feyisayo Ajayi Feyisayo Ajayi
Sanlam ARC Fund investment
Featured

Sanlam commits $196 million for 25% stake in ARC’s diversified investment portfolio

Sanlam Life invests $196 million for 25% of ARC Fund portfolio, deepening…

Feyisayo Ajayi Feyisayo Ajayi
Africa pharmaceutical market

South African pharma giant Aspen hit by mRNA contract loss

South African pharma giant Aspen reports weaker results after mRNA contract loss,…

Omokolade Ajayi Omokolade Ajayi
Steinhoff FSCA $22 million fine
Featured

Ex-Steinhoff legal chief in Markus Jooste Scandal hit with $22 million fine

South Africa’s FSCA fines former Steinhoff executive Stehan Grobler $22 million over…

Feyisayo Ajayi Feyisayo Ajayi
Roscan Gold management at Kandiolé project in Mali
Canadian Miners in Africa

Canadian miner Roscan to invest $219 million in Mali’s Kandiolé gold project  

Canadian miner Roscan Gold Corp. plans to invest $218.7 million to develop…

Timilehin Adejumobi Timilehin Adejumobi
Nedbank NCBA takeover bid
Featured

Nedbank raises cash offer to $245 million in $856 million NCBA takeover bid

Nedbank lifts cash offer to $245 million in $856 million bid for…

Feyisayo Ajayi Feyisayo Ajayi
Discovery co-founder & ceo
Adrian Gore

Discovery CEO Adrian Gore says South Africa at critical turning point   

Discovery CEO Adrian Gore says South Africa has reached a decisive moment.

Timilehin Adejumobi Timilehin Adejumobi
World Bank funding for Egypt Housing plan to hit $1 billion by 2026
Ajay Banga

World Bank expands Egypt affordable housing fund to $1 billion

Egypt is expanding its push to provide affordable housing, backed by deeper…

Oluwatosin Alao Oluwatosin Alao