Standard bank Group and CEO Sim Tshabalala
Hot NewsBusiness

Standard Bank led by Sim Tshabalala posts $1.61 billion headline earnings in H1 2026

Standard Bank, led by Sim Tshabalala, posted record H1 2026 headline earnings of $1.61 billion, up 10% on stronger revenue and lower credit losses.

Feyisayo Ajayi Feyisayo Ajayi
Jumia
TechnologyHot News

World Bank invests $25 million in Jumia to bolster Africa’s e-commerce growth

IFC proposes a $25 million equity investment in Jumia to accelerate e-commerce growth, strengthen digital infrastructure and support profitability.

Feyisayo Ajayi Feyisayo Ajayi
Inwi
Hot NewsTechnology

Inwi, telecom arm of Morocco’s Al Mada, partners with Huawei to improve transport-route coverage 

Inwi partners with Huawei to improve network coverage and service quality across Morocco’s major transport routes, including railways and highways.

Feyisayo Ajayi Feyisayo Ajayi
Desmond de Beer Lighthouse dividend
BusinessHot News

South African tycoon Des de Beer’s Resilient posts $124 million revenue in H1 2026

Resilient REIT, co-founded by South African tycoon Des de Beer, reported $124 million in revenue in H1 2026, up 3.4% year on year.

Feyisayo Ajayi Feyisayo Ajayi
South Africa’s grocery AI race heats up as Sixty60 adds conversational AI
TechnologyBusiness

South Africa’s grocery AI race heats up as Sixty60 adds conversational AI

South Africa’s grocery AI race heats up as Sixty60 adds Pixie Smart Chat, challenging Pick n Pay’s Penny and reshaping online shopping.

Oluwatosin Alao Oluwatosin Alao
Fairway Hotel
LuxuryTourism

Fairway Boutique Hotel: Kampala’s historic boutique stay

Fairway Boutique Hotel blends Kampala history, modern rooms, dining, wellness and conference facilities in the heart of Nakasero.

Timilehin Adejumobi Timilehin Adejumobi
Lloyds Metals wins approval to prepare for the restart of Papua New Guinea’s Panguna copper mine, closed for nearly 40 years.
BusinessGlobal News

Lloyds Metals cleared to restart Papua New Guinea copper mine after 40 years

Lloyds Metals wins approval to prepare for the restart of Papua New Guinea’s Panguna copper mine, closed for nearly 40 years.

Oluwatosin Alao Oluwatosin Alao
Malawi’s richest man Hitesh Anadkat.
BusinessBillionaires

Malawian billionaire Hitesh Anadkat loses over $500 million as FMBcapital shares fall 

Hitesh Anadkat loses $500 million as FMB Capital shares fall, cutting the value of his stake amid a wider Malawi market selloff.

Timilehin Adejumobi Timilehin Adejumobi
Jumia
BusinessHot News

Hassanein Hiridjee’s AXIAN, IFC back Jumia with $50 million equity deal

Jumia’s $50 million equity deal with AXIAN and IFC gives the African e-commerce company fresh capital to improve efficiency and growth.

Timilehin Adejumobi Timilehin Adejumobi
AFC-listing-on-LSE
BusinessHot News

AFC raises $432 million digital bond, sets record in Swiss market

AFC digital bond raises $432 million in Switzerland, marking a record digital securities deal and expanding funding for African infrastructure.

Timilehin Adejumobi Timilehin Adejumobi
LuxuryBusinessHot News

Transcorp Hilton Abuja adds padel courts as hotel expands leisure offering

Transcorp Hilton Abuja has added new padel courts as Transcorp Hotels expands its leisure offering.

Omokolade Ajayi Omokolade Ajayi
Nigeria’s SMEs get digital push as eTranzact partners with SMEDAN
BusinessTechnology

Nigeria’s SMEs get digital push as eTranzact partners with SMEDAN

eTranzact and SMEDAN are expanding digital payment access for Nigeria’s 40 million SMEs as fintech tools support financial inclusion and growth.

Oluwatosin Alao Oluwatosin Alao