Giovanni Ravazzotti, founder and chairman of Italtile
BusinessHot News

South Africa businessman Giovanni Ravazzotti’s Italtile stake tops $400 million

Giovanni Ravazzotti's stake in Italtile tops $400 million as JSE rebound lifts valuation amid cautious South African retail recovery.

Timilehin Adejumobi Timilehin Adejumobi
South Africa's richest man Johann Rupert
BillionairesBusinessHot News

South Africa’s richest man Johann Rupert loses $100 million as Richemont shares retreat

South African billionaire Johann Rupert loses $100 million as investors lock in gains from luxury group Richemont.

Omokolade Ajayi Omokolade Ajayi
Nigerian executive Modupe Kadri.
Hot NewsBusiness

After 3-day spree, MTN Nigeria CFO Modupe Kadri boosts stake to $1.72 million

MTN Nigeria CFO Modupe Kadri boosts his stake to $1.72 million after a three-day, N1.26 billion buying streak on the Nigerian Exchange.

Omokolade Ajayi Omokolade Ajayi
Alstom
BusinessHot News

Alstom-led consortium secures $790 million for major Egypt rail overhaul

Alstom Egypt Rail Overhaul attracts $790 million to modernize freight corridors, boost logistics, trade and industrial growth.

Timilehin Adejumobi Timilehin Adejumobi
Western Cape biggest farms
BusinessHot News

10 largest farms in Western Cape, South Africa

Western Cape farms punch above size, driving exports through irrigation, fruit, wine and high-value agricultural output.

Feyisayo Ajayi Feyisayo Ajayi
Vedanta
BusinessHot News

ZCCM says Vedanta IPO plans to accelerate $2.7 billion Zambia copper expansion

ZCCM says Vedanta’s planned CopperTech IPO could speed up a $2.7 billion Konkola Copper Mines expansion in Zambia by several years

Feyisayo Ajayi Feyisayo Ajayi
Nigerian businessman Ladi Jadesimi, chairman of Aradel Holdings.
BillionairesBusinessHot News

Nigerian businessman Ladi Jadesimi set for $3.9 million Aradel dividend

Ladi Jadesimi is set for a $3.9 million Aradel Holdings dividend after the Nigerian energy group’s annual profit surged by 192 percent.

Omokolade Ajayi Omokolade Ajayi
Valu, Egypt's fintech
BusinessHot News

Fintech giant Valu gets $12 million loan to expand green consumer financing in Egypt

Valu, EFG Holding unit, secured a $12 million EBRD loan to expand green consumer financing for energy-efficient goods in Egypt financing push.

Feyisayo Ajayi Feyisayo Ajayi
Allan Gray ARM stake
BusinessHot News

Allan Gray’s African Rainbow Minerals stake now worth $116.8 million

Allan Gray’s $116.8 million ARM stake reflects steady confidence despite volatility and a slight trim in its mining investment position.

Feyisayo Ajayi Feyisayo Ajayi
Hollywood actor, Sylvester Stallone at SouthMed
BusinessLuxury

Egypt’s TMG launches Sylvester Stallone campaign for $32 billion SouthMed project    

TMG SouthMed campaign positions Egypt’s North Coast as global luxury hotspot led by Sylvester Stallone.

Timilehin Adejumobi Timilehin Adejumobi
Kenyan fintech WapiPay expands to Canada after securing money licence
BusinessTechnology

Kenyan fintech WapiPay expands to Canada after securing money licence

Kenyan fintech WapiPay expands to Canada after securing a money services licence, strengthening its global payments network.

Oluwatosin Alao Oluwatosin Alao
ExecuJet Building
BusinessLuxury

7 private airlines powering South Africa’s luxury travel boom

South Africa private aviation drives luxury travel boom as seven operators connect executives, safari lodges and key hubs.

Timilehin Adejumobi Timilehin Adejumobi