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Spear REIT Limited CEO, Quintin Rossi
Cape Town retail

South Africa’s Spear REIT seals $27 million Watergate Centre retail deal

Spear REIT expands its Cape Town retail footprint with a $27 million Watergate Centre deal targeting steady income growth.

Timilehin Adejumobi Timilehin Adejumobi
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South Africa power dispute deepens as Eskom faces pressure over grid control shift
Eskom

Eskom urged to shift grid control to NTCSA amid South Africa power strain

South Africa’s power sector is under fresh strain as tensions rise between Eskom and independent power producers, sharpening concerns about grid access, energy security and the pace of renewable energy investment.  A recent court ruling has brought the issue into sharper focus, raising questions about how scarce grid capacity is shared in one of Africa’s tightest electricity markets. Demand for solar, wind and battery storage projects is growing, but limited transmission capacity is slowing new connections.  For investors, the dispute…

Oluwatosin Alao Oluwatosin Alao
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Andrada Mining $11m raise
Andrada Mining $11M raise

Andrada Mining raises $11 million to accelerate critical minerals expansion in Namibia

Andrada Mining secured $11 million in private placement to expand tin and critical minerals production in Namibia, strengthening its balance sheet.

Feyisayo Ajayi Feyisayo Ajayi
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Algeria-oil-and-gas
African oil markets

Algeria kicks off oil, gas licensing round to expand Africa supply

Algeria opens 2026 licensing round with seven blocks, targeting higher output, fresh capital and stronger energy ties with Europe.

Timilehin Adejumobi Timilehin Adejumobi
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OCI Global 2025 revenue
Featured

Egyptian billionaire Nassef Sawiris’ OCI posts $1.6 billion revenue in 2025

OCI posts $1.61 billion 2025 revenue, up 24% year over year, driven by strong nitrogen demand and ongoing portfolio restructuring.

Feyisayo Ajayi Feyisayo Ajayi
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FDH Bank dividend 2025
FDH Bank dividend 2025

Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

FDH Bank declares $6.7 million dividend for 2025 despite lower payout, backed by strong profit growth and rising income streams.

Feyisayo Ajayi Feyisayo Ajayi
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Hassan Allam MetiPro acquisition
Featured

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Hassan Allam Holding has acquired MetiPro, the engineering, procurement, and construction (EPC) arm of Metito Group, in a strategic move to expand its footprint in water infrastructure across Africa and other emerging markets. The deal underscores a growing shift among infrastructure players toward water security, as population growth, urbanization, and climate pressures intensify demand for reliable and sustainable water systems across the continent. Driving expansion into critical infrastructure The acquisition positions Hassan Allam to capitalize on rising investment in water…

Feyisayo Ajayi Feyisayo Ajayi
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Central Bank of Kenya

Kenya plans $500 million debut green bond as Iran war shakes economy

Kenya plans a $500 million green bond with World Bank support as oil price shocks and global tensions pressure its economy and financing.

Omokolade Ajayi Omokolade Ajayi
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Nompumelelo Zikalala, CEO of Kumba Iron Ore, leading the South African mining company.
Durban-born mining executive

Durban-born mining executive Nompumelelo Zikalala’s pay hits $2.1 million in 2025

Nompumelelo Zikalala earned $2.1 million in 2025 after Kumba Iron Ore reported $1.95 billion EBITDA and stronger performance.

Omokolade Ajayi Omokolade Ajayi
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