Business

Top 20 African economies by GDP 2025
BusinessHot News

Top 20 African economies by GDP 2025

Africa’s top 20 economies in 2025 show sharp contrasts, from resource-rich giants to fast-growing service hubs shaping future growth.

Feyisayo Ajayi Feyisayo Ajayi
Cell C exit drives interim earnings plunge
BusinessHot News

Blu Label swings to loss after $371.6 million Cell C disposal

Blu Label swings to interim loss after Cell C exit, despite resilient core earnings and steady underlying operations.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Johannesburg-based Gold Fields overtakes Naspers as Africa’s most valuable company

Gold Fields has overtaken Naspers as Africa’s most valuable company after a gold price rally lifted mining stocks on the…

Omokolade Ajayi Omokolade Ajayi
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Latest Business News
Zimbabwe land reform 2050
Agricultural investment in Zimbabwe

Zimbabwe pushes land reform to unlock $258 billion economic potential by 2050

Zimbabwe advances land reform to unlock $258 billion economic potential, issuing bankable title deeds to 360,000 farmers.

Feyisayo Ajayi Feyisayo Ajayi
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Atiku Abubakar
Education investments Africa

Nigerian politician Atiku Abubakar owns these 7 companies

Atiku Abubakar’s businesses underscore rising investment in Nigeria’s education, food and media industries.

Timilehin Adejumobi Timilehin Adejumobi
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Energy

Fuel scarcity hits Kenya as Iran war disrupts shipments

Fuel scarcity hits Kenya as the Iran war disrupts Gulf oil supplies, affecting independent retailers and East African markets.

Omokolade Ajayi Omokolade Ajayi
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MCB wins awards for $400 million energy deal
Featured

MCB wins top African finance awards for $400 million Karpowership deal

MCB wins top African finance awards for a $400 million Karpowership deal, boosting its role in energy and infrastructure financing.

Feyisayo Ajayi Feyisayo Ajayi
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Valaris DS-12 drillship on the Mediterranean sea
ADNOC

Valaris rolls out DS-12 drillship for Egypt gas operations  

Egypt ramps up gas drilling as Valaris deploys DS-12 for BP and ADNOC-backed wells in the Mediterranean.

Timilehin Adejumobi Timilehin Adejumobi
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Partech backs littlefish to scale SME banking
Featured

Partech leads about $10 million investment in South Africa’s fintech to scale Africa’s merchant banking

Partech leads $9.5 million investment in littlefish to scale merchant banking infrastructure for SMEs across Africa.

Feyisayo Ajayi Feyisayo Ajayi
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Equity Group

Kenyan banker James Mwangi to earn $5.7 million dividend from Equity Group

Kenyan banker James Mwangi will receive a $5.7 million dividend as Equity Group reports rising profits and regional growth.

Omokolade Ajayi Omokolade Ajayi
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Crude Oil

Nigeria moves to capitalize on oil surge amid global supply tensions

Nigeria plans to boost oil production amid global supply tensions, aiming to increase output and benefit from rising crude prices.

Omokolade Ajayi Omokolade Ajayi
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ADvTECH

ADvTECH’s Africa expansion lifts operating profit past $120 million in 2025

ADvTECH Group, Africa’s largest private education provider, reported its strongest results to date, crossing the $120 million mark in operating profit for the year ended Dec. 31, 2025. The company said operating profit rose 14 percent to R2.04 billion ($120.7 million), up from R1.8 billion ($106.5 million) a year earlier, as steady enrollment gains and measured fee increases supported growth across its core units. Revenue followed a similar pattern, climbing 10 percent to R9.33 billion ($552 million) from R8.5 billion…

Omokolade Ajayi Omokolade Ajayi
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