BIOVAC
BusinessHot News

South Africa’s Biovac secures $15 million from AfDB to scale Africa’s vaccine production

Biovac vaccine production gets a $15 million AfDB loan to expand Cape Town capacity to 500 million doses and boost Africa’s vaccine supply.

Timilehin Adejumobi Timilehin Adejumobi
TMG-Office
TechnologyHot News

Egyptian Billionaire Hisham Talaat Moustafa’s TMG adopts SAP Cloud AI

TMG SAP Cloud AI deal modernizes Egypt’s largest developer with cloud ERP, AI and analytics to support expansion and efficiency.

Timilehin Adejumobi Timilehin Adejumobi
BusinessHot News

Kibo Energy to exit London’s AIM market after failed takeover deal

Kibo Energy will exit London’s AIM after a failed takeover deal, leaving shareholders with illiquid holdings and uncertain future prospects.

Feyisayo Ajayi Feyisayo Ajayi
Shoprite's founding CEO, Whitey Basson
BusinessHot News

Shoprite’s rise under its founding CEO Whitey Basson: From 8 stores to retail giant in 37 years

How Whitey Basson transformed Shoprite from eight stores into Africa’s largest retailer through acquisitions, expansion, and a focus on affordability.

Feyisayo Ajayi Feyisayo Ajayi
Zambia Hilton hotel
LuxuryHot News

Hilton Lusaka project to cost nearly $100 million as Asmara Holdings backs Zambia expansion

Hilton’s $100 million Lusaka hotel project, backed by Asmara Holdings, signals rising investor confidence in Zambia’s hospitality sector.

Feyisayo Ajayi Feyisayo Ajayi
World's richest person Elon Musk.
Hot NewsBillionairesBusiness

Elon Musk loses $601 billion as SpaceX shares crash 50 percent from post-IPO peak

Elon Musk's fortune drops $601 billion as SpaceX shares crash 50 percent from their peak, triggering $15.5 billion in short-seller gains.

Omokolade Ajayi Omokolade Ajayi
Heirs Holdings
BusinessHot News

Heirs Holdings’ portfolio companies earn international recognition across industries

Heirs Holdings companies Transcorp, AEDC, and Redtech rank among Africa's top performers as Tony Elumelu's Africapitalism model scales.

Omokolade Ajayi Omokolade Ajayi
South African billionaire and Dis-Chem pharmacies co-founder Ivan Saltzman
BusinessBillionaires

South African billionaire Ivan Saltzman exits Dis-Chem board after 48 years 

Dis-Chem founder Ivan Saltzman leaves the board after 48 years as South Africa's pharmacy retailer enters a new chapter.

Timilehin Adejumobi Timilehin Adejumobi
Burkina Faso ends four-year ban on cereal flour exports
BusinessGlobal News

Burkina Faso ends four-year ban on cereal flour exports, boosting Africa trade

Burkina Faso ends a four-year cereal flour export ban, opening new trade opportunities for processors as production reaches record levels.

Oluwatosin Alao Oluwatosin Alao
Vulcan invests $160 million to build Africa's first fully electric mine in Mozambique, cutting diesel use and boosting cleaner mining.
BusinessHot News

Africa’s first fully electric mine takes shape as Vulcan invests $160 million

Vulcan invests $160 million to build Africa's first fully electric mine in Mozambique, cutting diesel use and boosting cleaner mining.

Oluwatosin Alao Oluwatosin Alao
Standard bank Group and CEO Sim Tshabalala
BusinessHot News

How Standard Bank Group dominates key African markets under CEO Sim Tshabalala

Standard Bank Group expands across Africa under CEO Sim Tshabalala, using scale, governance and strategy to reinforce market dominance.

Feyisayo Ajayi Feyisayo Ajayi
Perseus Mining
BusinessHot News

Perseus Mining steps up construction at Tanzania gold project

Nyanzaga Gold Project construction accelerates in Tanzania as Perseus Mining targets first gold in January 2027.

Timilehin Adejumobi Timilehin Adejumobi