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Attijariwafa Bank Morocco valued over $15 billion
BusinessHot News

Attijariwafa Bank’s valuation hits $16 billion, maintains lead on Casablanca Stock Exchange

Attijariwafa Bank remains Morocco’s largest lender with $15.6 billion market valuation on Casablanca Exchange

Feyisayo Ajayi Feyisayo Ajayi
JPMorgan
BusinessHot News

JPMorgan ups Sibanye-Stillwater stake to $292.1 million as miner eyes post-Froneman future

JPMorgan raises stake in Sibanye-Stillwater to $292 million, signaling confidence amid recovery and post-Froneman transition.

Feyisayo Ajayi Feyisayo Ajayi
Manta Bidco -Mediclinic
BusinessHot News

Manta Bidco, backed by Remgro, saw profit plunge by $75 million in 2025

Manta Bidco’s profit plunged 83% to $15 million on Swiss impairments despite revenue rising 4.92% to $4.82 billion.

Feyisayo Ajayi Feyisayo Ajayi
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DRC $1.25 billion eurobond
DRC $1.25 billion eurobond

DRC’s Rawbank leads $1.25 billion debut eurobond, opening global capital markets access

DRC raises $1.25 billion eurobond, unlocking global funding to boost infrastructure, jobs, and long-term economic growth.

Feyisayo Ajayi Feyisayo Ajayi
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Sello Moloko builds multimillion-dollar empire
African business leaders

Meet Sello Moloko, the dealmaker behind a multi-million dollar African investment empire

South African banker and investor Sello Moloko built a multimillion-dollar investment empire spanning banking, infrastructure and energy across Africa.

Feyisayo Ajayi Feyisayo Ajayi
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Calisto Radithipa, Kemcore's founder
Africa mining

Calisto Radithipa’s Kemcore targets $103 million Africa chemical plants

Kemcore is investing $103 million in Botswana and Angola plants to localize mining chemicals and reduce import dependency in Africa.

Timilehin Adejumobi Timilehin Adejumobi
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IFC loan OCP sustainable fertilizer waste
Featured

IFC plans $111.3 million loan to OCP for fertilizer waste project in Morocco

IFC weighs $111.3 million loan to Morocco’s OCP to fund sustainable phosphogypsum storage and cut fertilizer waste risks.

Feyisayo Ajayi Feyisayo Ajayi
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Ghana International Bank IFC loan
Africa trade finance

Ghana International Bank gets $100 million IFC loan to boost Africa trade flows

Ghana International Bank secures $100 million IFC loan to boost trade finance, expand liquidity and support cross-border commerce across Africa.

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Optasia’s AI-powered fintech solutions support credit access and digital financial services across Africa and emerging markets.
Featured

JSE-listed Optasia raises over $300 million in refinancing to boost Africa’s fintech growth

Optasia raises over $300 million in refinancing backed by Standard Bank to scale fintech services across Africa and emerging markets.

Omokolade Ajayi Omokolade Ajayi
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Outgoing Chief Executive Officer John Lamola
Aviation

After reports reveal quiet $58 million bailout, SAA CEO John Lamola resigns

During John Lamola's tenure, the airline said it focused on restoring core operations and rebuilding its network.

Omokolade Ajayi Omokolade Ajayi
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Capitec CEO compensation in 2025

Why Capitec boosted Gerrie Fourie’s pay 59% to nearly $6 million in his final year as CEO

Capitec lifted Gerrie Fourie’s pay 59% to $5.62 million in 2025 after strong profit growth and a decade of rapid digital expansion.

Feyisayo Ajayi Feyisayo Ajayi
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Adewale Tinubu, chief executive officer of Oando Plc, plans a $750 million drilling campaign following the company's Angola oil block win.
Adewale Tinubu

After Angola oil win, Nigerian energy mogul Adewale Tinubu plans $750 million drilling campaign

After Angola oil win, Oando plans $750 million drilling campaign targeting 300 percent output growth across West Africa.

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