Business

Safaricom maintains spot as East Africa’s biggest company with $4.7 billion market cap

Its market capitalization surged by $1.17 billion to $4.72 billion, reaffirming its dominance amid a competitive regional landscape.

Omokolade Ajayi Omokolade Ajayi

Globacom counts down to 22 years of reshaping telecoms in Nigeria

Glo marks milestone with legacy of affordable access, broadband expansion, and financial inclusion

Feyisayo Ajayi Feyisayo Ajayi

Ghana moves to take control of 1.5 billion-barrel oil asset

Ghana plans to take control of the WCTP2 deepwater oil block, boosting energy security and revenues from one of West…

Oluwatosin Alao Oluwatosin Alao
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Latest Business News

Namib Minerals moves to reopen Zimbabwe gold mine

Rising gold prices and policy stability push Namib Minerals to reopen its…

Timilehin Adejumobi Timilehin Adejumobi

Uganda signs $2 billion deal to expand oil infrastructure and pipelines

Uganda secures $2 billion deal with Vitol to expand oil storage, pipelines,…

Feyisayo Ajayi Feyisayo Ajayi

AMEA Power lands $572 million IFC-led loan for Egypt renewable project

AMEA Power secured $572 million in IFC-led financing for a 1,000MW solar-plus-storage…

Feyisayo Ajayi Feyisayo Ajayi

The quiet reason Africa’s wealthy families build many companies

Africa’s richest families build clusters of companies to manage risk, preserve control,…

Feyisayo Ajayi Feyisayo Ajayi

Inside Madagascar’s 10 most exclusive luxury hotels

Madagascar’s most exclusive luxury hotels blend scarcity, private access and conservation, drawing…

Feyisayo Ajayi Feyisayo Ajayi

10 leading beverage companies in Kenya

Kenya’s beverage sector draws global and local players as Nairobi anchors East…

Feyisayo Ajayi Feyisayo Ajayi

Barrick Mining resumes full control of Mali gold mine

Barrick restores operations at its Mali gold mine after resolving a long-running…

Timilehin Adejumobi Timilehin Adejumobi

Capitec’s tax expense rises to $238 million as earnings surge

Capitec Bank’s tax expense jumped to $238 million in 2025 as profit…

Feyisayo Ajayi Feyisayo Ajayi

Why African billionaires spend on travel and how it shapes their children’s future

Travel is succession planning for African billionaires, grooming heirs like Dangote’s and…

Feyisayo Ajayi Feyisayo Ajayi