Business

Latest Business News

Top 20 most valuable stocks on the Johannesburg Stock Exchange exceed $930 billion

The JSE's top 20 stocks, led by Prosus, BHP, and Richemont, drive…

Feyisayo Ajayi Feyisayo Ajayi

Standard Bank slashes stake in Trencor below $1 million amid brutal sell-off

Standard Bank slashes Trencor stake below $1 million as shares tumble 88%,…

Feyisayo Ajayi Feyisayo Ajayi

Africa’s largest asset manager raises stake in Grindrod to $102.8 million

Public Investment Corporation (PIC) boosts investment in Grindrod, increasing its stake to…

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s $7 billion Petrochemical Complex in New Alamein to transform its sector

Egypt is investing $7 billion in a petrochemical complex in New Alamein…

Feyisayo Ajayi Feyisayo Ajayi

Anglo American and Codelco’s landmark copper deal could deliver about $35 billion in estimate

Anglo American and Codelco's joint mine plan aims to unlock 2.7 million…

Feyisayo Ajayi Feyisayo Ajayi

Sijuwade royal family of Ife, one of Africa’s wealthiest, eyes first oil from one of its oil blocks

Today, the Sijuwade Group holds a 10 percent stake in OPL 276,…

Omokolade Ajayi Omokolade Ajayi

Top 15 largest listed REITs in Africa

Africa’s REIT sector continues to grow, with top listed companies like Growthpoint,…

Feyisayo Ajayi Feyisayo Ajayi

African entrepreneurs join forces with Proparco-led consortium for $25.8 million funding francophone Africa

Saviu Ventures raises €25 million($25.8 million) from Proparco, Triple Jump, Axian and…

Feyisayo Ajayi Feyisayo Ajayi

World Bank’s arm invests $50 million in Lagos Free Zone to boost Nigeria’s economy

IFC’s $50 million investment in Lagos Free Zone boosts Nigeria’s industrial growth,…

Feyisayo Ajayi Feyisayo Ajayi