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Cytonn asset auction Kenya
Cytonn asset auction Kenya

Kenya launches auction of Cytonn asset linked to Edwin Dande to recover $85 million for investors

Kenya auctions Cytonn real estate linked to Edwin Dande to recover $85 million, aiming to repay investors and restore confidence in structured investments.

Feyisayo Ajayi Feyisayo Ajayi
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Labat Africa AI technology distribution
African ICT market growth

Labat Africa’s Ahnamu inks global tech supply deal with Dubai’s Shafi Inc

Labat Africa’s Ahnamu signs global AI tech supply deal with Dubai’s Shafi Inc, expanding Africa’s computing and ICT footprint.

Feyisayo Ajayi Feyisayo Ajayi
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IFC backs Angola SMEs with trade finance facility
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IFC backs trade finance facility to boost Angola’s SMEs and supply chains

IFC has launched trade finance facility to support Angolan businesses, particularly small and medium enterprises (SMEs), strengthening cross-border trade

Feyisayo Ajayi Feyisayo Ajayi
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Transcorp Hotels valuation
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Nigeria’s Transcorp Hotels tops list as Africa’s most valuable hospitality brand with $1.5 billion capitalization

Transcorp Hotels Plc has emerged as Africa’s most valuable publicly listed hospitality company, with a market capitalization exceeding $1.5 billion on the Nigerian Exchange. The hospitality subsidiary of Transnational Corporation of Nigeria has strengthened its position through rising earnings, premium hotel assets, and growing investor confidence in Africa’s expanding hospitality sector. Anchored by the iconic Transcorp Hilton Abuja, the company has transformed a former state-owned hospitality asset into one of the continent’s most influential business travel hubs serving diplomats, multinational…

Feyisayo Ajayi Feyisayo Ajayi
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Nigeria’s inflation eases to 15.06% in February but monthly pressures rise

Nigeria’s inflation eased to 15.06% in February, but monthly price pressures intensified for households.

Omokolade Ajayi Omokolade Ajayi
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Shoprite enters community banking through R&A Cellular acquisition

Shoprite acquires R&A Cellular to expand digital payments and financial services through local spaza shops.

Omokolade Ajayi Omokolade Ajayi
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African tourism industry

10 most valuable publicly listed hotel brands in Africa

Africa’s listed hotel companies are expanding tourism and investment, led by Nigeria’s Transcorp Hotels and South Africa’s hospitality giants.

Feyisayo Ajayi Feyisayo Ajayi
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Garamba National Park welcomes rhinos back after 20 years of EU aid
DRC national parks

Garamba National Park welcomes rhinos back after 20 years of EU aid

Southern white rhinos return to DRC’s Garamba National Park after 20 years, backed by EU, African Parks, and local communities.

Timilehin Adejumobi Timilehin Adejumobi
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South African billionaire Koos Bekker loses $400 million in two months

South African billionaire Koos Bekker loses $400 million as Naspers and Prosus shares fall amid global market pressures.

Omokolade Ajayi Omokolade Ajayi
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