Sterling Financial Holdings Company Plc
Hot NewsBusiness

Nigeria’s Sterling Holdco sees H1 profit surge to $37 million on strong lending

Sterling Holdco's first-half profit rose to $37 million as lending growth, deposits and assets strengthened earnings.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BusinessHot News

Africa’s richest man Aliko Dangote’s Dangote Cement posts $470 million half-year profit as African exports jump

Dangote Cement reports a $470 million half-year profit driven by a 62 percent surge in African exports and stronger regional sales.

Omokolade Ajayi Omokolade Ajayi
Japan to invest $34 million in Namibia rare earth project
BusinessGlobal News

Japan to invest $34 million in Namibia rare earth project

Japan and Namibia advance a rare earth project as Toyota Tsusho and JOGMEC seek new mineral supplies for EVs and high-tech industries.

Oluwatosin Alao Oluwatosin Alao
Mozambique awards Chinese firms a $30 million border post project to improve trade, freight movement and logistics links with Zimbabwe.
BusinessGlobal News

Chinese investors win contract for Mozambique border post

Mozambique awards Chinese firms a $30 million border post project to improve trade, freight movement and logistics links with Zimbabwe.

Oluwatosin Alao Oluwatosin Alao
TotalEnergies
BusinessHot News

Namibia approves TotalEnergies Mopane deal, expands Orange Basin oil push

Namibia approves TotalEnergies’ 40% Mopane stake, boosting Orange Basin expansion and advancing Venus project toward final investment decision.

Feyisayo Ajayi Feyisayo Ajayi
Seplat
BusinessHot News

Seplat Energy to sell 10% stake in NNPCL joint venture for $281.6 million

Seplat Energy signs $281.6 million deal to sell 10% stake in NNPCL joint venture, targeting debt reduction and enhanced shareholder returns.

Feyisayo Ajayi Feyisayo Ajayi
Pepkor Building
BusinessHot News

Standard Bank, Pepkor explore personal banking partnership      

Standard Bank Pepkor partnership talks could reshape South Africa's banking market with retail-driven financial services.

Timilehin Adejumobi Timilehin Adejumobi
Nigerian executive Owen Omogiafo
BusinessBillionairesHot News

Nigerian executive Owen Omogiafo buys 1.9 million shares of Transcorp Group

Transcorp CEO Owen Omogiafo bought 1.9 million shares, increasing her stake as the group expands its assets and earnings.

Omokolade Ajayi Omokolade Ajayi
South African banker Kwanele Ngwenya
BusinessHot News

South African banker Kwanele Ngwenya earns top leadership role at Malawi’s NICO Holdings

Kwanele Ngwenya becomes NICO Holdings' deputy group managing director as the Malawi-based financial services group advances its succession plan.

Omokolade Ajayi Omokolade Ajayi
Ethiopian Airlines Group.
Hot NewsBusiness

Africa’s top carrier, Ethiopian Airlines, hits $9.1 billion revenue as passenger traffic jumps

Ethiopian Airlines reported $9.1 billion in annual revenue, driven by passenger growth, cargo demand and expansion despite higher costs.

Omokolade Ajayi Omokolade Ajayi
Africa’s first Black billionaire Patrice Motsepe.
Hot NewsBillionairesBusiness

Africa’s first Black billionaire, Patrice Motsepe, loses $1 billion in stock slump

Patrice Motsepe’s net worth fell from $4.4 billion to $3.4 billion due to a steep mining stock decline, sliding his position on South Africa’s rich list.

Omokolade Ajayi Omokolade Ajayi
Princess Lalla Meryem
Hot News

Princess Lalla Meryem drives $550 million AI data center push in Morocco’s Midparc

Princess Lalla Meryem advances $550 million AI data center at Midparc, boosting Morocco’s push to become a regional digital hub.

Feyisayo Ajayi Feyisayo Ajayi