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Top 5 fastest-growing sectors in Africa: Key drivers of economic transformation

Africa's tech, renewable energy, agribusiness, healthcare, and tourism sectors fuel rapid economic growth, shaping the continent’s emerging and resilient economy.

Timilehin Adejumobi Timilehin Adejumobi
Eaton
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Eaton finalises $1.4 billion Fibrebond’s acquisition, eyes $110 million in 2025 EBITDA

Eaton completes $1.4 billion acquisition of Fibrebond, enhancing its power infrastructure solutions with a projected $110 million in adjusted EBITDA for 2025.

Feyisayo Ajayi Feyisayo Ajayi
Preem 1
Hot NewsTechnology

Swedish energy giant Preem commits $279 million to renewable fuel transition in 2024

Preem invests $279 million in renewable fuel expansion, cutting emissions by 700,000 tons in 2024 as part of its drive to slash carbon output 90% by 2035.

Feyisayo Ajayi Feyisayo Ajayi
TechnologyTourism

Top 5 fastest-growing travel startups in Africa 

Africa's travel sector is evolving with digital innovation, AI, and fintech, transforming how people book, explore, and navigate the continent’s booming tourism market.

Timilehin Adejumobi Timilehin Adejumobi
BusinessHot News

Nigeria’s NNPC moves closer to landmark IPO, but timeline unclear

The move aligns with Nigeria’s Petroleum Industry Act (PIA) of 2021, which mandates that NNPC list its shares on the stock market.

Omokolade Ajayi Omokolade Ajayi
EU
BusinessHot News

EU backs Anglo-American and Sibanye-Stillwater in critical minerals push

EU grants ‘Strategic Project’ status to Anglo-American and Sibanye-Stillwater, fast-tracking key critical mineral projects vital to Europe's energy transition.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTourism

Madagascar: The breathtaking island adventure you’re missing

Madagascar's unique wildlife, stunning landscapes, and rich culture. Despite post-pandemic challenges, it’s a hidden gem for adventurous travelers.

Timilehin Adejumobi Timilehin Adejumobi
BusinessHot News

North Africa’s 5 wealthiest families and their expanding business empires

North Africa’s wealthiest families dominate telecom, finance, and energy, shaping global markets through generational wealth, strategic deals, and investments.

Timilehin Adejumobi Timilehin Adejumobi
Dangote Cement Factory
BusinessHot News

Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top cement-producing state or region, bolstered by the expansion of Dangote Cement, the continent’s leading cement producer. Africa’s richest man, Aliko Dangote, reaffirmed this vision during a visit to the $800 million Itori cement factory, which is expected to be completed by November 2026. Dangote Cement expands production in…

Omokolade Ajayi Omokolade Ajayi
Safaricom as premier
BusinessHot News

Safaricom nears $5.5 billion valuation, holds position as East Africa’s most valuable firm

Safaricom nears a $5.5 billion valuation, cementing its dominance on the Nairobi bourse as M-PESA expansion and Ethiopian growth fuel investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTechnology

Top 7 biggest telecoms in South Africa

South Africa’s telecom giants—Vodacom, MTN, and Telkom—drive 5G, fintech, and digital growth, expanding networks and reshaping Africa’s connectivity.

Timilehin Adejumobi Timilehin Adejumobi
MTN
BusinessHot NewsTechnology

South Africa becomes MTN’s biggest market as Nigeria revenue, earnings decline

The shift highlights the economic and regulatory pressures hampering telecom operations in Africa’s most populous country.

Omokolade Ajayi Omokolade Ajayi