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Kenya cement industry
BusinessHot News

Amsons Group takes majority control of EAPCC in Kenya cement push

Amsons deepens its control of Kenya’s cement market with a majority EAPCC takeover, reshaping competition and accelerating regional industry consolidation.

Feyisayo Ajayi Feyisayo Ajayi
Ifrane, Morocco
Hot NewsTourism

Top 10 coldest tourist cities in Africa

Africa’s 10 coldest tourist cities, from Morocco’s snow-capped peaks to Lesotho’s icy highlands and South Africa’s starry nights.

Feyisayo Ajayi Feyisayo Ajayi
Congo Dry Port
BusinessHot News

South African investors back $600 million Congo dry port project

New Congo dry port backed to cut border delays.

Timilehin Adejumobi Timilehin Adejumobi
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Capitec Bank

FirstRand tops Capitec as Africa’s most valuable lender, eyes Ghana and Nigeria

FirstRand surpasses Capitec as Africa’s top lender, targeting growth in Ghana, Nigeria,…

Omokolade Ajayi Omokolade Ajayi
Dollar-denominated REIT and firms in Africa
Currency hedge investment Africa

Toby Selman’s Africa Logistics Properties and the rise of dollar-denominated entities in Africa

Toby Selman’s Africa Logistics Properties launches East Africa’s first dollar-denominated REIT, boosting…

Feyisayo Ajayi Feyisayo Ajayi
Tanzania petroleum storage expansion
Dar es Salaam port expansion

Tanzania launches $273 million petroleum storage expansion shields against Strait of Hormuz disruption

Tanzania breaks ground on $273 million petroleum storage to boost energy security…

Feyisayo Ajayi Feyisayo Ajayi
The Rockefeller-foundation
Africa electricity access

Rockefeller Foundation commits $10 million to boost electricity access in Africa

Mission 300 gains support as Rockefeller Foundation adds $10 million for Africa’s…

Timilehin Adejumobi Timilehin Adejumobi
Angola

Oil at $85 boosts Nigeria, Angola but pressures South Africa’s economy

Oil at $85 boosts Nigeria and Angola’s revenues but raises fuel costs…

Omokolade Ajayi Omokolade Ajayi
Nassef Sawiris OCI Global transition
Featured

Egypt’s richest man, Nassef Sawiris shifts to non-executive role after 13 years leading OCI Global

Egypt's richest man, Nassef Sawiris will transition from OCI Global executive chairman…

Feyisayo Ajayi Feyisayo Ajayi
GB Corp new subsidiaries
Featured

Ghabbour family’s GB Corp. to launch three new units, seeks shareholder approval

GB Corp. plans three subsidiaries in technology and investment services, pending shareholder…

Feyisayo Ajayi Feyisayo Ajayi
Alibaba launches $1.5 million Africa grant via Jack Ma Foundation to support entrepreneurs and innovation
Africa’s Business Heroes 2026

Alibaba Group launches $1.5 million Africa grant, benefiting Tunisia

Alibaba launches a $1.5M Africa innovation grant to support startups, expand entrepreneurship,…

Oluwatosin Alao Oluwatosin Alao
$480 million investment

Elaraby Group plans $480 million expansion in Egypt’s home appliance sector

Elaraby Group unveils $480 million manufacturing expansion in Egypt’s New Quesna.

Timilehin Adejumobi Timilehin Adejumobi