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Nigerian tycoon Wole Oshin gains $40 million as Custodian stake nears $100 million in 2026

Wole Oshin’s Custodian stake jumps over $40 million in 2026, nearing $100 million as shares rally on Nigeria’s stock exchange.

Feyisayo Ajayi Feyisayo Ajayi

Nompumelelo Zikalala: Durban-born mining executive leading $6.4 billion mining giant

Durban-born Nompumelelo Zikalala leads $6.4 billion Kumba Iron Ore, boosting profits and social initiatives.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Purple Group posts $18 million revenue in H1 2026

Purple Group posts $18 million revenue as EasyEquities drives growth, lifting profit 33% on rising clients, assets and strong cost discipline.

Feyisayo Ajayi Feyisayo Ajayi

South African Van der Walt brothers’ AttBid advances RMH takeover after boosting holdings

AttBid advances RMH takeover after lifting stake to 42.44%, triggering mandatory offer under South Africa’s companies regulatory procedures.

Feyisayo Ajayi Feyisayo Ajayi

Kenya Tribunal orders taxman to review $14 million tax dispute involving Transmara Sugar

Kenya tribunal faults KRA for misreading data in Transmara Sugar’s Ksh1.8 billion ($14 million) tax-loss claim, ordering fresh review.

Feyisayo Ajayi Feyisayo Ajayi

Italy’s Eni discovers major gas reserves offshore Egypt

New Eni gas discovery offshore Egypt supports regional energy stability

Timilehin Adejumobi Timilehin Adejumobi

Zenith Bank completes Kenya’s Paramount Bank takeover, grows African footprint

Zenith Bank completes Paramount Bank acquisition in Kenya, expanding cross-border operations and boosting Africa-Europe trade services.

Omokolade Ajayi Omokolade Ajayi

Inwi rolls out Morocco’s first private industrial 5G at GITEX Africa 2026

Morocco is stepping up efforts to modernize its industrial base, betting on faster, more reliable connectivity to lift factory output and efficiency. Officials and telecom operators see private 5G networks as a practical tool to help manufacturers automate processes and manage data in real time.  The shift reflects a broader push to bring Industry 4.0 into everyday operations. Companies are looking for ways to cut delays, improve quality control and respond faster to demand, especially as global competition tightens.  That…

Oluwatosin Alao Oluwatosin Alao

Remgro awards $8.1 million shares to executives in performance-linked pay plan

Remgro grants $8.1 million in performance-linked shares to executives, aligning pay with long-term shareholder value creation.

Feyisayo Ajayi Feyisayo Ajayi