Lithium
Hot NewsBusiness

Zimbabwe eyes lithium battery manufacturing as processing push gains ground

Zimbabwe targets domestic lithium battery production to maximize critical mineral revenues, boost industrial jobs, and attract global investment.

Omokolade Ajayi Omokolade Ajayi
Afreximbank
BusinessHot News

Zimbabwean fuel importer Witeva closes $5.3 million deal via Afreximbank platform

Zimbabwe’s Witeva Trading completes $5.3 million fuel deal via Afreximbank platform, highlighting digital trade ecosystem growth in Africa.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Tony Elumelu
Hot NewsBillionairesBusiness

Transcorp, led by Nigerian billionaire Tony Elumelu, grows assets to $797 million

Transcorp's assets rose to $797 million as retained earnings neared $144 million, strengthening its balance sheet in the first half of 2026.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Femi Otedola
Hot NewsBillionairesBusiness

Femi Otedola buys $57 million more First HoldCo shares, stake nears $900 million

Nigerian billionaire Femi Otedola has acquired 706 million additional First HoldCo shares, lifting his stake to 21.95 percent in the lender.

Omokolade Ajayi Omokolade Ajayi
Euro-bond
BusinessHot News

Tanzania eyes $500 million Eurobond as part of $1 billion borrowing strategy

Tanzania Eurobond plans target $500M as the country expands global financing strategy and strengthens investor confidence.

Timilehin Adejumobi Timilehin Adejumobi
Airtel Africa telecom
BusinessTechnology

Airtel Africa targets London IPO for its fast-growing mobile money business  

Airtel Money IPO targets London in 2026 as Airtel Africa seeks to unlock value from its fast-growing digital payments business.

Timilehin Adejumobi Timilehin Adejumobi
Cregis
TechnologyHot News

China’s Cregis bets on Africa with digital asset expansion

Cregis Africa digital asset expansion targets Nigeria, Kenya and South Africa as blockchain and stablecoin adoption accelerates.

Timilehin Adejumobi Timilehin Adejumobi
Dorrestein’s Legacy reclaims Libyan hotels after ownership dispute ruling
BusinessLuxury

Dorrestein’s Legacy reclaims Libyan hotels after ownership dispute ruling

Legacy Hotels wins a court battle against the Libyan Investment Authority as South Africa’s appeal court clears a path for ownership changes.

Oluwatosin Alao Oluwatosin Alao
Air Peace
BusinessTourism

Air Peace teams with Etihad to boost flights across 20 African cities

Air Peace and Etihad sign an interline deal linking 20 African cities, expanding single-ticket travel between Nigeria, West Africa and Abu Dhabi.

Oluwatosin Alao Oluwatosin Alao
Serame Taukobong, Telkom Group CEO
ExecutivesTechnology

Telkom Group CEO Serame Taukobong earns $1.5 million salary in 2026

Telkom Group CEO Serame Taukobong salary reached $1.5 million in 2026 as revenue growth lifted the telecom company's results.

Timilehin Adejumobi Timilehin Adejumobi
Absa Group
BusinessHot News

Absa expands Tanzania footprint with $2.9 billion banking deal

Absa Tanzania banking deal will create a $3 billion lender, expanding the bank's East Africa footprint and regional banking growth.

Timilehin Adejumobi Timilehin Adejumobi
Kumba CEO, Mpumi-Zikalala
BusinessHot News

Kumba signs 20-year solar power deal to cut costs, emissions at Sishen mine

Kumba signs 20-year solar deal to cut power costs and emissions at Sishen, boosting renewables to about 45% of energy mix by 2027.

Feyisayo Ajayi Feyisayo Ajayi