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Akademia's 187 million Afrikaans university campus
BusinessHot News

Akademia launches $187 million campus to strengthen Afrikaans private higher education

Akademia breaks ground on $187 million Mooiplaats campus, boosting Afrikaans private higher education and student facilities in South Africa.

Feyisayo Ajayi Feyisayo Ajayi
Angola Oil Refinery
BusinessHot News

Azule Energy to boost Angola oil sector with $5 billion investment

Angola’s energy sector gains a $5 billion boost as Azule Energy ramps up drilling.

Timilehin Adejumobi Timilehin Adejumobi
Africa’s premium universities
BusinessHot News

7 African universities popular with high-net-worth families

Africa’s elite families increasingly choose premium local universities offering global standards, strong alumni networks, and controlled campuses close to home.

Feyisayo Ajayi Feyisayo Ajayi
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AttBid RMH takeover
AttBid RMH takeover

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
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Transmara Sugar tax dispute
Featured

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
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Eni Energy Giant Building
Energy Africa

Italy’s Eni discovers major gas reserves offshore Egypt

New Eni gas discovery offshore Egypt supports regional energy stability

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

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
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Customer making a payment with Lucky card and POS terminal in Egypt.
Egypt

Egypt’s fintech Lucky raises $23 million, eyes North Africa expansion

Egypt fintech Lucky raises $23 million to expand into North Africa, scale consumer credit, and invest in technology and infrastructure.

Omokolade Ajayi Omokolade Ajayi
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Remgro executive share awards
Featured

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
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FirstRand UK motor finance provision
Featured

FirstRand raises UK motor finance provision to $997.2 million on FCA rules

FirstRand raises UK motor finance provision to £750 million ($997.2 million) as FCA redress rules drive higher costs and regulatory pressure.

Feyisayo Ajayi Feyisayo Ajayi
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South African billionaire Patrice Motsepe.
African Rainbow Minerals

South African billionaire Patrice Motsepe gains $200 million as ARM shares jump

South African billionaire Patrice Motsepe gains $200 million as ARM shares rise, boosting his net worth to $3.9 billion ahead of dividend payout.

Omokolade Ajayi Omokolade Ajayi
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FCMB

FCMB pushes value-chain coordination to boost Nigeria’s food security

FCMB promotes value-chain coordination to expand farmer access to inputs, finance, and markets, enhancing Nigeria’s food security.

Omokolade Ajayi Omokolade Ajayi
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