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Growthpoint Properties CEO salary
Executive retirement South Africa

Growthpoint CEO Norbert Sasse pockets $1.9 million salary in 2025

Growthpoint CEO Norbert Sasse earns $1.85 million in 2025, up 14.5%, ahead of his planned June 2026 retirement.

Feyisayo Ajayi Feyisayo Ajayi
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Energy

Kenya fuel executives resign as state probes fuel scarcity, supply chain issues

Three Kenyan fuel executives resign as authorities investigate supply manipulation, shortages, and emergency imports.

Omokolade Ajayi Omokolade Ajayi
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Crude Oil

Nigeria capitalizes on $100 per barrel oil as production hits 1.84 million bpd

Nigeria boosts crude output to 1.84 million barrels per day amid $100 oil, aiming for stronger export revenue.

Omokolade Ajayi Omokolade Ajayi
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Giovanni Ravazzotti Italtile stake
Featured

Giovanni Ravazzotti loses $22 million as Italtile shares slide on JSE

Giovanni Ravazzotti’s Italtile stake drops $22 million in 2026 as weak demand and market pressures weigh on shares.

Feyisayo Ajayi Feyisayo Ajayi
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Africa

Egypt raises electricity prices as energy costs surge

Egypt raises electricity prices for heavy users as energy import costs surge, while shielding lower-income households from tariff increases.

Omokolade Ajayi Omokolade Ajayi
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Metair Investments Limited
Executive share awards

South Africa’s Metair awards over $1.2 million shares to executives under 2009 share plan

Metair awards $1.2 million in performance shares to executives, aligning incentives with long-term growth and shareholder value creation.

Feyisayo Ajayi Feyisayo Ajayi
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Botselo Shoprite maize partnership
Botselo Shoprite partnership

Botselo Mills partners Shoprite to bolster South Africa’s maize supply chains

Botselo Mills partners Shoprite to scale maize supply nationwide, boosting food access, distribution efficiency and South Africa’s supply chains.

Feyisayo Ajayi Feyisayo Ajayi
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EU and EBRD launch a $30.5 million financing facility in Côte d’Ivoire
Africa business

EU, EBRD roll out $30.5 million facility to support SMEs in Côte d’Ivoire 

EU and EBRD launch a $30.5 million financing facility to boost SME access to credit in Côte d’Ivoire, supporting jobs and economic growth.

Timilehin Adejumobi Timilehin Adejumobi
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Adeyemi Adefarakan Wema stake is 200 million
Adeyemi Adefarakan link holdings

Meet Nigerian financier Adeyemi Adefarakan linked to over $200 million stake

Adefarakan, who has an indirect holding with SW8 Investment Ltd, has been a non-executive director at Wema Bank since 2021.

Feyisayo Ajayi Feyisayo Ajayi
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