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Emirates, Wesgro team up to drive tourism to South Africa’s Western Cape

Emirates and Wesgro are joining forces to lift international arrivals to South Africa’s Western Cape, as competition for global travelers intensifies.  The agreement, signed during World Travel Market Africa in Cape Town, comes at a time when travel demand is recovering and destinations are working harder to attract visitors with higher spending power.  Tourism remains central to the Western Cape economy, supporting jobs and bringing in foreign income. Officials say stronger ties with global airlines are key to keeping visitor…

Oluwatosin Alao Oluwatosin Alao

Merali family’s Sameer Africa moves to close $7.1 million land sale to settle legacy gaps

Sameer Africa advances $7.1 million land sale to unlock value, strengthen balance sheet, and revive dividends.

Feyisayo Ajayi Feyisayo Ajayi

Standard Bank Group pays top 7 executives $30.5 million as earnings surge in 2025

Standard Bank paid top seven executives $30.5 million in 2025 as profits rose, balance sheet expanded, and performance-linked pay climbed.

Feyisayo Ajayi Feyisayo Ajayi

Cora Gold secures $120 million deal to advance Mali gold project

Cora Gold locks in a $120 million streaming deal to fully fund Mali’s Sanankoro gold project and fast-track construction toward production.

Timilehin Adejumobi Timilehin Adejumobi

Ecobank to pay $40 million dividend months after South Africa’s Nedbank exits $100 million stake

Ecobank Transnational proposes a $40 million dividend for 2025 after Nedbank exited its $100 million stake, signaling stronger earnings recovery.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian tycoon Atedo Peterside to receive N980 million Stanbic IBTC Bank dividend

Atedo Peterside to receive N980 million dividend from Stanbic IBTC as lender posts strong 2025 earnings, boosting investor confidence.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s Stanbic IBTC posts $283 million profit in 2025

Stanbic IBTC posts $283 million profit in 2025, driven by higher interest rates, FX gains, and strong income growth.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s richest man, Aliko Dangote, to pocket $490 million from Dangote Cement

Aliko Dangote set to receive $490 million dividend from Dangote Cement as profits top N1 trillion and expansion accelerates.

Omokolade Ajayi Omokolade Ajayi

Novus Holdings cuts print business sale to $5.2 million after due diligence review

Novus trims print asset sale to $5.2 million after due diligence, extending deadline as it refines portfolio and capital strategy.

Feyisayo Ajayi Feyisayo Ajayi