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Wole Oshin Custodian payout
Custodian Investment NGX

Nigerian tycoon Wole Oshin gains $40 million as Custodian stake nears $100 million in 2026

Wole Oshin’s Custodian stake jumps over $40 million in 2026, nearing $100 million as shares rally on Nigeria’s stock exchange.

Feyisayo Ajayi Feyisayo Ajayi
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Nompumelelo Zikalala, CEO of Kumba Iron Ore, leading the South African mining company.
Durban-born mining executive

Nompumelelo Zikalala: Durban-born mining executive leading $6.4 billion mining giant

Durban-born Nompumelelo Zikalala leads $6.4 billion Kumba Iron Ore, boosting profits and social initiatives.

Omokolade Ajayi Omokolade Ajayi
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Purple Group EasyEquities growth
Featured

South Africa’s Purple Group posts $18 million revenue in H1 2026

Purple Group posts $18 million revenue as EasyEquities drives growth, lifting profit 33% on rising clients, assets and strong cost discipline.

Feyisayo Ajayi Feyisayo Ajayi
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AttBid RMH takeover
AttBid RMH takeover

South African Van der Walt brothers’ AttBid advances RMH takeover after boosting holdings

AttBid advances RMH takeover after lifting stake to 42.44%, triggering mandatory offer under South Africa’s companies regulatory procedures.

Feyisayo Ajayi Feyisayo Ajayi
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Transmara Sugar tax dispute
Featured

Kenya Tribunal orders taxman to review $14 million tax dispute involving Transmara Sugar

Kenya tribunal faults KRA for misreading data in Transmara Sugar’s Ksh1.8 billion ($14 million) tax-loss claim, ordering fresh review.

Feyisayo Ajayi Feyisayo Ajayi
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Eni Energy Giant Building
Energy Africa

Italy’s Eni discovers major gas reserves offshore Egypt

New Eni gas discovery offshore Egypt supports regional energy stability

Timilehin Adejumobi Timilehin Adejumobi
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Zenith Bank regulatory penalties Nigeria
Business

Zenith Bank completes Kenya’s Paramount Bank takeover, grows African footprint

Zenith Bank completes Paramount Bank acquisition in Kenya, expanding cross-border operations and boosting Africa-Europe trade services.

Omokolade Ajayi Omokolade Ajayi
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Customer making a payment with Lucky card and POS terminal in Egypt.
Egypt

Egypt’s fintech Lucky raises $23 million, eyes North Africa expansion

Egypt fintech Lucky raises $23 million to expand into North Africa, scale consumer credit, and invest in technology and infrastructure.

Omokolade Ajayi Omokolade Ajayi
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Remgro executive share awards
Featured

Remgro awards $8.1 million shares to executives in performance-linked pay plan

Remgro grants $8.1 million in performance-linked shares to executives, aligning pay with long-term shareholder value creation.

Feyisayo Ajayi Feyisayo Ajayi
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