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Aliko Dangote’s refinery just raised fuel prices by up to 34%. Here is why it had no choice

Aliko Dangote’s refinery raises petrol and diesel prices up to 34% as Iran conflict pushes crude higher, reflecting Nigeria’s market-driven fuel pricing shift.

Feyisayo Ajayi Feyisayo Ajayi

IFC considers $40 million loan for Sawiris family’s Nile Sugar expansion in Egypt

IFC considers $40 million loan to support Sawiris family’s Nile Sugar expansion, boosting Egypt’s beet farming, supply chains, and domestic sugar production.

Feyisayo Ajayi Feyisayo Ajayi

50 largest listed agribusiness companies in Africa

Shore Africa profiles 50 of Africa’s biggest listed farms and agribusinesses powering food production, exports and rural employment.

Feyisayo Ajayi Feyisayo Ajayi

Billionaire Tony Elumelu takes time off in France’s Biarritz after historic growth across his business empire

Nigerian billionaire Tony Elumelu takes a break in France following major financial gains across banking, energy, and hospitality ventures.

Omokolade Ajayi Omokolade Ajayi

Pan African Resources expands Australia presence with $218 million acquisition

Pan African Resources to buy Emmerson Resources for $218 million, consolidating Tennant Creek gold assets in Australia.

Feyisayo Ajayi Feyisayo Ajayi

Salam Properties to deliver nine real estate projects in Egypt’s New Damietta

Nine Salam Properties developments set to boost housing, retail and healthcare in New Damietta

Timilehin Adejumobi Timilehin Adejumobi

Nigerian lender FCMB meets $360 million capital requirement, secures international banking license

FCMB meets $360 million capital requirement, earning an international banking license for global operations.

Omokolade Ajayi Omokolade Ajayi

Africa’s 23 billionaires gain $20.3 billion; net worth hits $126.7 billion

Africa’s richest 23 gained $20.3 billion, with net worth reaching $126.7 billion as Dangote and Rabiu lead wealth growth.

Omokolade Ajayi Omokolade Ajayi

Capitec rolls out Smart ID services at new South Africa branches  

Capitec launches Smart ID services at new South African branches.

Timilehin Adejumobi Timilehin Adejumobi