Aliko Dangote to use $5 billion IPO to expand Lagos refinery, build Kenya plant

Aliko Dangote targets $5 billion from the Dangote Refinery IPO to expand capacity in Lagos and build a new $17 billion refinery in Kenya.

Omokolade Ajayi Omokolade Ajayi

Zimbabwe tycoon Simon Rudland opens $25 million citrus plant, creating 1,500 jobs

Simon Rudland opens $25 million citrus plant, creating 1,500 jobs.

Omokolade Ajayi Omokolade Ajayi

Ladi Delano’s Moove hits $2.1 billion valuation after $250 million funding

Ladi Delano's Moove hits a $2.1 billion valuation after securing $250 million to power driverless vehicle infrastructure across global markets.

Omokolade Ajayi Omokolade Ajayi

South Africa’s eNCA plans restructuring as 171 employees face retrenchment

eNCA begins a major restructuring in South Africa, with 171 jobs at risk as the broadcaster shifts toward a digital-first newsroom model.

Oluwatosin Alao Oluwatosin Alao

Dar luxury project challenges market with fixed apartment prices

A $30 million Dar es Salaam luxury project is changing apartment pricing by removing extra charges for higher floors and sea views.

Oluwatosin Alao Oluwatosin Alao

Johannesburg Stock Exchange eyes Dangote refinery secondary listing after planned $5 billion IPO

Johannesburg Stock Exchange eyes Dangote refinery secondary listing after planned $5 billion Lagos IPO, expanding African investor access.

Feyisayo Ajayi Feyisayo Ajayi

Abdul Samad Rabiu’s BUA Foods plans new noodle, oil lines after $215 million half-year profit

BUA Foods, controlled by billionaire Abdul Samad Rabiu, posts a $215 million first-half profit and announces plans for new noodle and edible oil lines.

Omokolade Ajayi Omokolade Ajayi

Air India names former Ethiopian Airlines executive Tewolde Gebremariam as CEO    

Tewolde Gebremariam becomes Air India CEO as the airline tackles losses, safety scrutiny and a major turnaround under Tata.

Timilehin Adejumobi Timilehin Adejumobi

Inside Oude Werf Hotel, South Africa’s historic luxury stay in Stellenbosch

Discover Oude Werf Hotel, South Africa's historic luxury hotel in Stellenbosch, blending heritage, fine dining and Cape Winelands charm.

Timilehin Adejumobi Timilehin Adejumobi

South African businessman Marcel Golding’s Geomer raises Vunani stake to $5 million

Marcel Golding’s Geomer Investments lifts Vunani stake above $5 million, crossing 20% ownership threshold despite share price decline.

Feyisayo Ajayi Feyisayo Ajayi

Zimbabwean billionaire Strive Masiyiwa’s Liquid, Taara boost Nigeria’s fiber internet network

Liquid and Taara expand Nigeria Fiber Internet with faster enterprise broadband, boosting digital infrastructure and business connectivity.

Timilehin Adejumobi Timilehin Adejumobi

Valterra Platinum partners with Pujing Chemical to advance MMA production technology     

Valterra Platinum partners Pujing Chemical to advance MMA production technology and expand palladium applications in China.

Timilehin Adejumobi Timilehin Adejumobi