Business

Accelerate Property Fund posts $71.5 loss amid related-party debt impairment

Accelerate Property Fund posts R1.27 billion ($71.5 million) loss in 2025 as related-party debt impairment and weaker rentals hit results.

Feyisayo Ajayi Feyisayo Ajayi

25 startups and firms that closed in Africa in 2025

2025 saw 25 African companies close as funding, costs, and regulatory pressures reshaped markets across fintech, healthcare, and logistics.

Feyisayo Ajayi Feyisayo Ajayi

Inside Afrirent Holdings: The Tsabedze family’s bet on hotels

Afrirent Holdings shifts from fleet services to hotels under Tsabedze leadership, betting on Africa’s growing hospitality market.

Feyisayo Ajayi Feyisayo Ajayi
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Latest Business News

10 biggest foreign automakers in Africa

Africa’s auto market is emerging as a growth frontier, drawing foreign automakers…

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Tanzania’s NMB Bank secures $60 million Proparco-backed social bond

NMB Bank issued a $20 million social bond with Proparco backing to…

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8 South African celebrities building business empires

From music to real estate, South Africa’s top celebrities are turning fame…

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Ethiopia launches Africa’s biggest airport under Vision 2035 with $12.5 billion

Ethiopia begins a $12.5 billion airport project to ease Addis congestion, expand…

Feyisayo Ajayi Feyisayo Ajayi

30 African countries with stock exchanges

Africa’s 30 stock exchanges drive growth, attract foreign capital, and fund banks,…

Feyisayo Ajayi Feyisayo Ajayi

10 of Africa’s biggest Cashew farms

Africa supplies over half of global raw cashew nuts yet captures limited…

Feyisayo Ajayi Feyisayo Ajayi

Champion Breweries launches $29.4 million public offer for Africa expansion

Champion Breweries raises $29.4 million to fund pan-African expansion in alcoholic beverages…

Timilehin Adejumobi Timilehin Adejumobi

PayPal invests $100 million to grow digital reach in Middle East  and Africa

At a Glance PayPal Holdings is expanding its footprint across the Middle…

Oluwatosin Alao Oluwatosin Alao

Glencore, Rio Tinto in talks for $207 billion mega mining giant

At a Glance Glencore, the Swiss mining and commodity trading giant, and…

Timilehin Adejumobi Timilehin Adejumobi