Hot News

Latest Hot News News

Egypt targets $200 million sodium cyanide facility for Africa’s gold mining sector

Egypt moves to build a $200 million sodium cyanide plant for Africa’s gold mining supply chain

Timilehin Adejumobi Timilehin Adejumobi

10 African billionaires building luxury hotels across the continent

African billionaires are financing luxury hotels across the continent, partnering global brands to transform tourism and real-estate markets.

Feyisayo Ajayi Feyisayo Ajayi

IFC plans $1 million loan for KIMS Microfinance to expand financial inclusion in Somalia

IFC plans a $1 million Sharia-compliant loan to KIMS Microfinance to expand credit access for microenterprises and boost financial inclusion in Somalia.

Feyisayo Ajayi Feyisayo Ajayi

Palantir CEO Alex Karp buys $46 million Miami Mansion  

Palantir CEO Alex Karp has purchased a $46 million waterfront mansion on Miami’s Venetian Islands.

Timilehin Adejumobi Timilehin Adejumobi

FSDAi and ACP commit $200 million to boost Africa’s clean energy projects

FSDAi and ACP back Africa’s green energy with $200 million investment

Timilehin Adejumobi Timilehin Adejumobi

IFC invests $20 million in Lightrock Africa Fund II

IFC considers $20 million investment in Lightrock Africa Fund II to boost high-growth African firms and strengthen regional private equity.

Feyisayo Ajayi Feyisayo Ajayi

Ethiopia attracts $4.2 billion mining investment in new deals

Ethiopia lands $4.2 billion in mining investment to accelerate mineral production

Timilehin Adejumobi Timilehin Adejumobi

Banco de Fomento Angola gains $30 million IFC trade guarantee

IFC plans $30 million trade finance for Banco de Fomento Angola, boosting cross-border transactions and business access to global markets.

Feyisayo Ajayi Feyisayo Ajayi

Centum, linked to Kirubi family, exits Sidian Bank after 25 years with final stake sale

Centum exits Sidian Bank after 25 years, selling its final stake and ending one of Kenya’s longest-running banking investments.

Feyisayo Ajayi Feyisayo Ajayi