Business

Latest Business News
Salvo Grima
African supply chain

Salvo Grima expands East Africa operations with Noble Outlook acquisition

Salvo Grima widens its East Africa reach with a new Kenyan acquisition.

Timilehin Adejumobi Timilehin Adejumobi
ICIEC and Afreximbank officials shake hands in Cairo, marking new partnership to boost Arab–Africa trade and digital finance platforms
Afreximbank

ICIEC and Afreximbank forge deal to deepen Arab–Africa commerce

At a Glance Arab–Africa trade is gaining fresh attention as two major…

Oluwatosin Alao Oluwatosin Alao
Akdital raises 130 million hospital expansion
Akdital

Moroccan clinic operator Akdital raises $130 million to further infrastructure and expansion

Morocco’s Akdital secures $130M bond to expand hospitals locally and in the…

Feyisayo Ajayi Feyisayo Ajayi
ADvTECH valuation growth
ADvTECH valuation growth

Africa’s largest private education provider, ADvTECH, sees its valuation near $1.2 billion

ADvTECH, Africa’s largest private education provider, nears a $1.2 billion valuation as…

Feyisayo Ajayi Feyisayo Ajayi
Pastor Chris Parallex Bank stake
African religious business networks

Chris Oyakhilome: One of Africa’s wealthiest pastors, whose quiet financial empire includes stake in Parallex Bank

Pastor Chris Oyakhilome’s rising financial influence grows as his ministry-backed stake in…

Feyisayo Ajayi Feyisayo Ajayi
Koeberg nuclear power station near Cape Town, South Africa, part of new nuclear expansion plan
Energy Security

South Africa moves ahead with new nuclear power plan

At a Glance South Africa is taking a decisive step toward reshaping…

Oluwatosin Alao Oluwatosin Alao
Afine Investments half-year profit
Afine Investments

Afine Investments posts half-year profit of $1.4 million as portfolio expands

Afine Investments lifts half-year profit on rising rental income from fuel-station assets…

Feyisayo Ajayi Feyisayo Ajayi
Ericsson
Digital Infrastructure

Ericsson expands in Africa with new Zambia office for telecom growth

Ericsson strengthens its African presence with its Lusaka office, enhancing digital access.

Timilehin Adejumobi Timilehin Adejumobi
Simandou mining project
Africa mining news

Inside $20 billion Simandou Mine: Delays, disputes and the restart of Guinea’s largest mine

Simandou’s revival ends years of delays as Guinea moves to unlock one…

Feyisayo Ajayi Feyisayo Ajayi