Standard Bank executive pay 2025
BusinessHot News

Standard Bank Group pays top 7 executives $30.5 million as earnings surge in 2025

Standard Bank paid top seven executives $30.5 million in 2025 as profits rose, balance sheet expanded, and performance-linked pay climbed.

Feyisayo Ajayi Feyisayo Ajayi
Cora Gold Limited
BusinessHot News

Cora Gold secures $120 million deal to advance Mali gold project

Cora Gold locks in a $120 million streaming deal to fully fund Mali’s Sanankoro gold project and fast-track construction toward production.

Timilehin Adejumobi Timilehin Adejumobi
Ecobank 2025 financial results
BusinessHot News

Ecobank to pay $40 million dividend months after South Africa’s Nedbank exits $100 million stake

Ecobank Transnational proposes a $40 million dividend for 2025 after Nedbank exited its $100 million stake, signaling stronger earnings recovery.

Feyisayo Ajayi Feyisayo Ajayi
Atedo Peterside Stanbic IBTC dividend
BusinessHot News

Nigerian tycoon Atedo Peterside to receive N980 million Stanbic IBTC Bank dividend

Atedo Peterside to receive N980 million dividend from Stanbic IBTC as lender posts strong 2025 earnings, boosting investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Stanbic IBTC 2025 profit
BusinessHot News

Nigeria’s Stanbic IBTC posts $283 million profit in 2025

Stanbic IBTC posts $283 million profit in 2025, driven by higher interest rates, FX gains, and strong income growth.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, president of Dangote Group
BillionairesBusinessHot News

Africa’s richest man, Aliko Dangote, to pocket $490 million from Dangote Cement

Aliko Dangote set to receive $490 million dividend from Dangote Cement as profits top N1 trillion and expansion accelerates.

Omokolade Ajayi Omokolade Ajayi
Nambiti Hills Lodge offers a luxury safari escape in KwaZulu-Natal, South Africa
LuxuryTourism

Nambiti Hills Lodge blends luxury and wildlife in South Africa safari

Just a few hours from South Africa’s two main economic centers, Nambiti Hills Lodge is quietly gaining attention in the country’s luxury safari sector. Set within the Nambiti Private Game Reserve near Ladysmith in KwaZulu-Natal, the lodge offers a high-end wildlife escape without the long travel often linked to African safaris.  The reserve spans about 10,000 hectares of protected land…

Oluwatosin Alao Oluwatosin Alao
Novus print asset sale
BusinessHot News

Novus Holdings cuts print business sale to $5.2 million after due diligence review

Novus trims print asset sale to $5.2 million after due diligence, extending deadline as it refines portfolio and capital strategy.

Feyisayo Ajayi Feyisayo Ajayi
Angola seeks AfDB loan as oil supports growth amid debt pressure
BusinessTechnology

Angola seeks AfDB support as oil cushions impact of global shocks

Angola is seeking fresh support from the African Development Bank as it works to steady its finances in a volatile global environment, even as stronger oil prices offer some relief.  The government is in talks for a $165 million budget support loan, part of a wider plan to raise about $1 billion from external sources this year. Officials say the…

Oluwatosin Alao Oluwatosin Alao
easyJet Marrakech launch
BusinessTourism

easyJet opens first African base in Marrakech, launches six new routes     

easyJet opens its first African base in Marrakech, adds six new routes and expands Morocco network as tourism demand from Europe continues to grow.

Timilehin Adejumobi Timilehin Adejumobi
The Capital Boardwalk aparthotel by Capital Hotels in Gqeberha.
Hot NewsLuxury

Capital Hotels opens $17 million Boardwalk aparthotel in Gqeberha

Capital Hotels has opened The Capital Boardwalk in Gqeberha, a $17 million aparthotel with 145 rooms in Nelson Mandela Bay.

Omokolade Ajayi Omokolade Ajayi
Mpumi Madisa, Chief Executive Officer of Bidvest Group.
BusinessExclusiveHot News

Mpumi Madisa: Gauteng-born executive behind $4.9 billion South African giant, Bidvest Group

Gauteng-born Mpumi Madisa leads Bidvest Group, a $4.9 billion South African conglomerate, overseeing growth, expansion and steady financial performance.

Omokolade Ajayi Omokolade Ajayi