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Choppies share price retreat
Choppies share price decline

Botswana tycoon, Ramachandran Ottapathu, loses $4.7 million amid Choppies’ modest share decline

Choppies shares plunge 7%, wiping $4.7 million from Ramachandran Ottapathu’s stake amid investors selloff.

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

Gold slump cuts $700 million from South African billionaire Patrice Motsepe’s fortune

Patrice Motsepe loses $700 million as gold drops below $4,500, hitting mining stocks and cutting into his holdings in Harmony Gold and ARM.

Omokolade Ajayi Omokolade Ajayi
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Africa fastest women athletes
Africa fastest women athletes

10 of Africa’s fastest women athletes

Africa’s fastest women are redefining global sprinting, led by record breakers and rising stars dominating track events worldwide.

Feyisayo Ajayi Feyisayo Ajayi
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Africa

Nigerian President praises Tony Elumelu on 63rd birthday as TEF lifts 2.1 million Africans out of poverty

Nigerian President hails Tony Elumelu as TEF lifts 2.1 million Africans out of poverty and creates 1.5 million jobs.

Omokolade Ajayi Omokolade Ajayi
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Folasope Aiyesimoju earnings
Featured

One of Nigeria’s youngest deal makers, Folasope Aiyesimoju, quietly controls UAC with stake worth $50 million

Folasope Babasola Aiyesimoju is quietly transforming UAC Nigeria, blending CEO control with his $50 million shareholder influence.

Feyisayo Ajayi Feyisayo Ajayi
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OCI Global strategic overhaul
Featured

OCI generates $11.9 billion in strategic overhaul, returns $7 billion to shareholders

OCI generates $11.9 billion from asset sales, returning $7 billion to shareholders amid strategic overhaul and global energy volatility.

Feyisayo Ajayi Feyisayo Ajayi
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Featured

$4.2 billion in African revenue linked to Tony Elumelu Foundation, CEO Somachi Chris-Asoluka says

Tony Elumelu Foundation-backed startups have generated $4.2 billion in revenue and created over 1.5 million jobs in Africa.

Omokolade Ajayi Omokolade Ajayi
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Vizenge Kumwenda NICO stake
Featured

Malawian tycoon Vizenge Kumwenda’s NICO Holdings stake dips below $50 million after stock decline

Vizenge Kumwenda’s NICO stake falls below $50 million as shares decline, trimming gains after last year’s rally on Malawi Stock Exchange.

Feyisayo Ajayi Feyisayo Ajayi
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Africa

Shoprite enters community banking, while Nigerian franchise shuts down

Shoprite acquires R&A Cellular, expanding neighborhood financial services, while its Nigerian operation under Tayo Amusan’s Ketron shuts down.

Omokolade Ajayi Omokolade Ajayi
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