BusinessHot News

FirstRand tops Capitec as Africa’s most valuable lender, eyes Ghana and Nigeria

FirstRand surpasses Capitec as Africa’s top lender, targeting growth in Ghana, Nigeria,…

Omokolade Ajayi Omokolade Ajayi
Dollar-denominated REIT and firms in Africa
BusinessHot News

Toby Selman’s Africa Logistics Properties and the rise of dollar-denominated entities in Africa

Toby Selman’s Africa Logistics Properties launches East Africa’s first dollar-denominated REIT, boosting…

Feyisayo Ajayi Feyisayo Ajayi
EntertainmentTechnology

Showmax to shut down as MultiChoice reviews streaming strategy after Canal+ takeover

Showmax to shut down as MultiChoice reviews streaming strategy after Canal+ $2.1…

Omokolade Ajayi Omokolade Ajayi
RIU brand, TUI Hotels & Resorts
LuxuryTourism

TUI Hotels & Resorts rolls out new global growth strategy

TUI Group is accelerating hotel growth across Asia and Africa with new…

Timilehin Adejumobi Timilehin Adejumobi
Paradise Cove Boutique Hotel Aerial View 2
LuxuryTourism

Paradise Cove Boutique Hotel: Mauritius’ romantic luxury escape

Paradise Cove Boutique Hotel blends romance, privacy and boutique luxury on Mauritius’…

Timilehin Adejumobi Timilehin Adejumobi
Tanzania petroleum storage expansion
BusinessHot News

Tanzania launches $273 million petroleum storage expansion shields against Strait of Hormuz disruption

Tanzania breaks ground on $273 million petroleum storage to boost energy security…

Feyisayo Ajayi Feyisayo Ajayi
The Rockefeller-foundation
BusinessHot News

Rockefeller Foundation commits $10 million to boost electricity access in Africa

Mission 300 gains support as Rockefeller Foundation adds $10 million for Africa’s…

Timilehin Adejumobi Timilehin Adejumobi
Hot News

Oil at $85 boosts Nigeria, Angola but pressures South Africa’s economy

Oil at $85 boosts Nigeria and Angola’s revenues but raises fuel costs…

Omokolade Ajayi Omokolade Ajayi
Nassef Sawiris OCI Global transition
BusinessHot News

Egypt’s richest man, Nassef Sawiris shifts to non-executive role after 13 years leading OCI Global

Egypt's richest man, Nassef Sawiris will transition from OCI Global executive chairman…

Feyisayo Ajayi Feyisayo Ajayi
GB Corp new subsidiaries
BusinessHot News

Ghabbour family’s GB Corp. to launch three new units, seeks shareholder approval

GB Corp. plans three subsidiaries in technology and investment services, pending shareholder…

Feyisayo Ajayi Feyisayo Ajayi
Alibaba launches $1.5 million Africa grant via Jack Ma Foundation to support entrepreneurs and innovation
Hot NewsTechnology

Alibaba Group launches $1.5 million Africa grant, benefiting Tunisia

Alibaba launches a $1.5M Africa innovation grant to support startups, expand entrepreneurship,…

Oluwatosin Alao Oluwatosin Alao
BusinessHot News

Elaraby Group plans $480 million expansion in Egypt’s home appliance sector

Elaraby Group unveils $480 million manufacturing expansion in Egypt’s New Quesna.

Timilehin Adejumobi Timilehin Adejumobi