Business

Latest Business News
Oando raises $164 million to expand operations
Featured

Oando Plc plans $164 million rights issue to strengthen its capital base

Oando Plc seeks $164.4 million via rights issue to boost capital, support…

Feyisayo Ajayi Feyisayo Ajayi
Featured

Mauritius-based MCB Group posts $315 million profit as earnings climb 15%

Mauritius-based MCB Group posts $315 million profit, up 15%, with assets exceeding…

Omokolade Ajayi Omokolade Ajayi
Gold Fields $3.57 billion profit
Africa’s most valuable companies 2026

Africa’s 20 most valuable companies in 2026

Africa’s 20 most valuable stocks in 2026 reflect mining strength, telecom growth,…

Feyisayo Ajayi Feyisayo Ajayi
Kerten Hospitality opened the year signing 1,000 hotel keys after record 2025’s investor interest.
Africa hospitality

Kerten Hospitality drives growth with bold 2026 expansion plans

Kerten Hospitality is stepping into 2026 with a strong push to expand…

Oluwatosin Alao Oluwatosin Alao
IFC Dashen Bank partnership
Agribusiness investment Africa

IFC partners with Dashen Bank for $20 million SME financing in Ethiopia

IFC, Dashen Bank launch $20 million SME finance in Ethiopia, boosting agribusiness…

Feyisayo Ajayi Feyisayo Ajayi
Abdul Samad Rabiu

Abdul Samad Rabiu becomes Africa’s third-richest as net worth hits $11 billion

Nigerian billionaire industrialist and philanthropist Abdul Samad Rabiu has reached a major…

Omokolade Ajayi Omokolade Ajayi
Adebayo Ogunlesi

Nigerian billionaire Adebayo Ogunlesi loses $100 million as BlackRock hits $14 trillion

Adebayo Ogunlesi’s net worth drops to $2.4 billion amid BlackRock stock decline…

Omokolade Ajayi Omokolade Ajayi
Egypt, Nissan discuss expanding car production and boosting exports across Africa and local supply chains
African auto exports

Egypt, Nissan discuss scaling production for Africa markets

Egypt is intensifying efforts to position itself as a regional automotive manufacturing…

Oluwatosin Alao Oluwatosin Alao
Aliko Dangote

Aliko Dangote’s daughters, Halima, Fatima, Mariya, take key roles in family conglomerate

Dangote daughters assume executive roles, leading energy, cement, and international operations at…

Omokolade Ajayi Omokolade Ajayi