Anglo American De Beers
BusinessHot News

Anglo American in talks to sell De Beers for about $1 billion 

De Beers sale talks reach $1 billion as Anglo American seeks buyer amid diamond market challenges and weak global demand.

Timilehin Adejumobi Timilehin Adejumobi
MTN mobile money separation Ghana
BusinessHot News

Clydestone Ghana sues MTN over Mobile Money intellectual property misuse

Clydestone Ghana sues MTN entities, alleging unauthorized use of proprietary mobile money IP and frameworks developed since 2007.

Feyisayo Ajayi Feyisayo Ajayi
Harmony Gold
BusinessHot News

Patrice Motsepe-backed Harmony Gold raises $1.2 billion for copper expansion   

Harmony Gold secures $1.2 billion financing to expand copper operations while strengthening its balance sheet.

Timilehin Adejumobi Timilehin Adejumobi
ArcelorMittal South Africa is located at Delfos Boulevard in Vanderbijlpark, South Africa
BusinessHot News

ArcelorMittal South Africa flags deeper losses in H1 2026 update

ArcelorMittal South Africa warns of deeper H1 2026 losses as EPS and HEPS decline sharply amid weak demand and persistent steel market pressures.

Feyisayo Ajayi Feyisayo Ajayi
Ninety One
BusinessHot News

Ninety One’s stake in Remgro tops $300 million

Ninety One raises its Remgro stake above $300 million, strengthening its position among top shareholders in South Africa.

Feyisayo Ajayi Feyisayo Ajayi
Zambia seeks to transform Africa’s mineral trade with metals exchange
BusinessHot News

Zambia seeks to transform Africa’s mineral trade with metals exchange

Zambia plans a Pan-African metals exchange to boost mineral value addition, strengthen regional trade and create more jobs across Africa.

Oluwatosin Alao Oluwatosin Alao
Siemens opens Egypt factory to expand local manufacturing and automation
BusinessTechnology

Siemens opens Egypt factory to expand local manufacturing and automation

Siemens opens a new Egypt factory to boost local manufacturing, strengthen energy infrastructure and support the country’s renewable power goals.

Oluwatosin Alao Oluwatosin Alao
African banks with most branches
BusinessHot News

Standard Bank backs Tolaram with term financing after Guinness Nigeria deal

Standard Bank refinances Tolaram’s Guinness Nigeria deal with term financing, shifting from bridge funding to long-term capital strategy.

Feyisayo Ajayi Feyisayo Ajayi
Cape Town lands exclusive private club as wealthy residents fuel demand
LuxuryTourism

Cape Town lands exclusive private club as wealthy residents fuel demand

Cape Town launches a luxury private members’ club as wealthy residents, investors and hospitality groups drive demand for premium experiences.

Oluwatosin Alao Oluwatosin Alao
Lilayi Lodge
TourismLuxury

Lilayi Lodge Zambia: A quiet luxury safari escape near Lusaka

Lilayi Lodge Zambia offers a private luxury safari experience near Lusaka with wildlife, conservation and quiet African hospitality.

Timilehin Adejumobi Timilehin Adejumobi
Ibrahim Sagna African investment strategy
BusinessHot News

Ibrahim Sagna hails Fatima Dangote after Africa’s largest $2.5 billion private placement

Dangote refinery raises $2.5 billion in record private placement, drawing strong praise from investor including Ibrahim Sagna ahead of planned IPO and global expansion push.

Feyisayo Ajayi Feyisayo Ajayi
Harena Rare Earths
BusinessHot News

Madagascar’s rare earths draw US support as China supply grip tightens

Madagascar rare earths gain U.S. backing as Washington seeks alternatives to China’s grip on critical mineral supply chains.

Timilehin Adejumobi Timilehin Adejumobi