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Spear REIT Watergate
Featured

Spear REIT acquires Watergate Centre in Cape Town for $27 million

Spear REIT to acquire Cape Town’s Watergate Centre for $27 million, boosting Western Cape retail assets and stable rental income.

Feyisayo Ajayi Feyisayo Ajayi
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Microsoft
Artificial Intelligence

Microsoft expands Africa footprint with $329 million South Africa investment

Microsoft invests $329 million in South Africa to expand cloud infrastructure, scale AI capacity, and strengthen the digital skills pipeline.

Timilehin Adejumobi Timilehin Adejumobi
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Prosus Delivery Hero stake sale
Featured

South Africa’s Prosus sells $319 million Delivery Hero stake to Uber

Prosus sells $318 million Delivery Hero stake to Uber, meeting EU conditions while unlocking value from its global food delivery holdings.

Feyisayo Ajayi Feyisayo Ajayi
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Featured

South African billionaire Tshepo Mahloele offloads Capitec shares worth over $840 million

South African billionaire Tshepo Mahloele has reduced his indirect Capitec stake, offloading shares worth about $840m, JSE filing shows disclosed

Feyisayo Ajayi Feyisayo Ajayi
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Elektron, Odu'a Investment $40 million power plant
Elektron Energy

Odu’a Investment, Elektron Energy to build $40 million Lagos power plant

Odu’a, Elektron launched a $40 million embedded power plant in Lagos to deliver reliable energy and cut costs for manufacturers.

Timilehin Adejumobi Timilehin Adejumobi
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Sameer Africa profit 2025
Featured

Merali family’s Sameer Africa posts $2.1 million profit in 2025

Merali family-owned Sameer Africa posted $2.1 million profit in 2025, driven by revenue growth, efficiency gains and stronger operations outlook.

Feyisayo Ajayi Feyisayo Ajayi
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Cameroon cocoa downturn
Cameroon cocoa downturn

Cameroon’s richest woman Kate Fotso’s Telcar Cocoa faces weakest cocoa prices in 3 years

Cameroon’s cocoa slump hits Telcar Cocoa as prices fall below expectations, marking weakest season in three years.

Feyisayo Ajayi Feyisayo Ajayi
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PSG Financial Services dividend
Featured

South African billionaire Mouton family’s PSG Financial Services declares $50 million dividend payout

PSG Financial Services declares $49.48 million dividend as earnings, assets under management and profitability rise in 2026.

Feyisayo Ajayi Feyisayo Ajayi
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Featured

UK, IFC sign $3.1 million deal to expand agribusiness financing in DR Congo

UK and IFC have signed a $3.1 million deal to expand agribusiness financing in DR Congo, boosting credit access for farmers and SMEs sector.

Feyisayo Ajayi Feyisayo Ajayi
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