Nassef Sawiris Orascom stake $475 million
BusinessHot News

Nassef Sawiris crosses $10 billion as Orascom stake climbs to $475 million

Nassef Sawiris’ Orascom stake climbs to $475 million after Abu Dhabi shift,…

Feyisayo Ajayi Feyisayo Ajayi
Kenya cancels $1.8 billion Adani deal to upgrade JKIA
BusinessTourism

Kenya halts $1.8 billion Adani project at Jomo Kenyatta Airport

Kenya has canceled a proposed $1.8 billion plan to modernize Jomo Kenyatta…

Oluwatosin Alao Oluwatosin Alao
BusinessHot News

Over 400 Nestlé employees in South Africa face layoffs

Nestlé starts layoffs in South Africa, part of a global restructuring affecting…

Omokolade Ajayi Omokolade Ajayi
Egypt builds high-speed rail linking Red Sea and Mediterranean to boost trade, travel and green growth
BusinessTechnology

Egypt builds high-speed rail linking Red Sea and Mediterranean

Egypt is pressing ahead with construction of its first high-speed electric railway,…

Oluwatosin Alao Oluwatosin Alao
Vukile Islazul Madrid acquisition
Hot NewsLuxury

Vukile, led by South African REIT specialists, acquires Islazul Shopping Centre in Madrid

Vukile acquires Madrid’s Islazul Shopping Centre for €202 million ($238.4 million), expanding…

Feyisayo Ajayi Feyisayo Ajayi
Hassanein-Hiridjee-ceo AXIAN
BusinessHot News

Hassanein Hiridjee’s Axian launches fully digital finance firm in Comoros 

AXIAN launches Comoros’ first fully digital, regulated financial services.

Timilehin Adejumobi Timilehin Adejumobi
MTN Nigeria tax bill 2025
BusinessHot News

Karl Toriola-led MTN Nigeria posts $3.8 billion in revenue, returns to profitability

MTN Nigeria posts $3.8 billion revenue in 2025, reversing losses as data,…

Feyisayo Ajayi Feyisayo Ajayi
Parkville Pharmaceuticals Egypt investment
BusinessHot News

Egypt’s Parkville Pharmaceuticals gets investment from Proparco, Adenia and DEG

Proparco, Adenia and DEG acquire majority stake in Egypt’s Parkville to boost…

Feyisayo Ajayi Feyisayo Ajayi
Stripe PayPal acquisition
Hot NewsTechnology

Stripe explores PayPal’s $43 billion takeover after $159 billion valuation

Stripe explores PayPal acquisition after $159 billion valuation, signaling fintech consolidation and…

Feyisayo Ajayi Feyisayo Ajayi
Malawi government stake in Sunbird Tourism
Hot NewsTourism

Sunbird Tourism rally lifts Malawi government’s stake above $200 million

Malawi government’s stake in Sunbird Tourism surpasses $200 million as shares double,…

Feyisayo Ajayi Feyisayo Ajayi
African Rainbow Minerals profit
BusinessHot News

South African billionaire Patrice Motsepe returns to Forbes top 1,000 richest

South African billionaire Patrice Motsepe returns to Forbes 1,000 richest after $300…

Omokolade Ajayi Omokolade Ajayi
Strive Masiyiwa, Zimbabwean billionaire and Founder of Cassava Technologies
BusinessTechnology

Strive Masiyiwa’s Liquid Intelligent secures $410 million credit facility after debt repayment  

Masiyiwa-backed Liquid secures $410m in new credit after repaying debt, with Cassava…

Timilehin Adejumobi Timilehin Adejumobi