FMO
BusinessHot News

FMO invests $27 million to revive South Africa’s Gledhow sugar mill

Gledhow sugar mill secures $27M from FMO to modernize operations, cut emissions and support farmers in KwaZulu-Natal.

Timilehin Adejumobi Timilehin Adejumobi
Diamond
BusinessHot News

Congo signs diamond deal with Swiss firm ADEX to boost mining sector

DR Congo ADEX diamond deal aims to expand local diamond processing, traceability and mining revenues.

Timilehin Adejumobi Timilehin Adejumobi
Karingani Game Reserve gives 17 tonnes of seeds to 2,000 Mozambique families
Global NewsExclusive

Karingani Game Reserve gives 17 tonnes of seeds to 2,000 Mozambique families

Karingani Game Reserve gives 17.6 tonnes of seeds to 1,952 Mozambique families to restore farming after devastating floods.

Oluwatosin Alao Oluwatosin Alao
South Africa mining tycoons
BusinessBillionairesHot News

10 richest mining tycoons in South Africa

South Africa’s top mining tycoons shape global markets, driving growth across energy, finance, and infrastructure sectors.

Feyisayo Ajayi Feyisayo Ajayi
Jim Ovia, founder of Zenith Bank
BusinessHot News

Nigeria’s richest banker Jim Ovia loses over $100 million in two months

Jim Ovia loses $100 million as Zenith Bank shares fall after dividend adjustment and sector profit-taking pressure.

Timilehin Adejumobi Timilehin Adejumobi
Equity Bank Kenya HQ
Hot NewsBusiness

South African, Nigerian banks rush to Kenya but face fierce pushback from local giants

South African and Nigerian banks face a tough battle as they deploy major capital to break into Kenya’s $2 billion banking sector.

Omokolade Ajayi Omokolade Ajayi
Osa Igiehon, Chief Executive Officer, Heirs Energies.
Hot NewsBusinessTechnology

Heirs Energies OML 17 JV, Redtech launch digital operations hub to boost Nigeria oil production

Heirs Energies OML 17 JV and Redtech launch a digital operations hub to monitor real-time data, boost asset reliability, and raise Nigeria oil output.

Omokolade Ajayi Omokolade Ajayi
South African banker Mary Vilakazi
Hot NewsBusiness

South African banker Mary Vilakazi’s FirstRand stake tops $3.2 million as shares climb

Mary Vilakazi’s FirstRand stake tops $3.2 million following strong share price growth and a recovering rand this year.

Omokolade Ajayi Omokolade Ajayi
Vodafone
BusinessHot News

Vodafone gets green light on $1.5 billion Safaricom stake

Vodafone Safaricom stake deal wins Kenya approval, paving the way for a $1.6 billion transaction in East Africa.

Timilehin Adejumobi Timilehin Adejumobi
MCB CrossBoundary Energy investment
BusinessHot News

MCB backs $180 million CoreX Nickel deal in Côte d’Ivoire

MCB joins $180 million financing backing CoreX’s acquisition of Côte d’Ivoire nickel asset, boosting Africa mining exposure.

Feyisayo Ajayi Feyisayo Ajayi
Cell C Holdings Ltd.
BusinessHot News

Brett and Mark Levy’s Cell C sheds $92 million 7 months post-listing on JSE

Cell C sheds $92 million in value seven months after JSE listing, as investor caution persists despite improving fundamentals.

Feyisayo Ajayi Feyisayo Ajayi
Guinea plans regional gold refining hub as West Africa race heats up
BusinessHot News

Guinea plans regional gold refining hub as West Africa race heats up

Guinea plans a regional gold refinery as West African producers push to process bullion locally and capture more mining value.

Oluwatosin Alao Oluwatosin Alao