Varun beverages
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Varun Beverages enters Kenya with $32 million acquisition of Devyani Foods unit

Varun Beverages enters Kenya with $32 million deal for Devyani Foods unit, expanding its East Africa footprint and strengthening PepsiCo bottling operations.

Feyisayo Ajayi Feyisayo Ajayi
MSMEDA, Tamweely deal
BusinessHot News

Egypt’s small Businesses get $7 million boost from MSMEDA, Tamweely deal

Egypt small businesses financing receives a $7 million boost as MSMEDA and Tamweely expand microfinance access for entrepreneurs.

Timilehin Adejumobi Timilehin Adejumobi
Safaricom
BusinessHot News

Safaricom shareholders to vote on Vodafone’s CEO appointment rights    

Safaricom CEO appointment rights go to shareholders as Vodafone Kenya seeks control after raising its stake above 50%.

Timilehin Adejumobi Timilehin Adejumobi
Centre Point, formerly known as the Famfa Oil Tower.
ExclusiveBillionairesLuxury

How Nigeria’s richest woman built a $100 million Lagos tower without a bank loan

Rising 103 meters over Ikoyi, Folorunso Alakija's $100 million Centre Point tower stands as a striking symbol of Nigerian corporate success.

Omokolade Ajayi Omokolade Ajayi
Kenyan tycoon Baloobhai Patel
BusinessHot News

Kenyan tycoon Baloobhai Patel’s stake in Absa Kenya nears $30 million

Kenyan investor Baloobhai Patel’s Absa Kenya stake nears $30 million as shares rally on strong earnings and rising investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Gautam Adani
BillionairesBusinessHot News

Gautam Adani’s port arm targets Africa expansion after $10 billion fundraising surge

Gautam Adani's port arm targets Africa expansion after raising nearly $10 billion, positioning to capture rising trade flows across Asia, Middle East and Africa.

Feyisayo Ajayi Feyisayo Ajayi
South Africa’s shale gas ambitions face new risks after fault discovery
BusinessHot News

South Africa’s shale gas ambitions face new risks after fault discovery

South Africa’s shale gas plans face fresh scrutiny after scientists discover a fault system in the Karoo Basin linked to potential seismic risks

Oluwatosin Alao Oluwatosin Alao
Egypt
Hot NewsBusiness

Egypt leads Africa with $15 billion in foreign direct investment despite continental drop

Egypt pulled in $15 billion in foreign direct investment to lead Africa in 2025, anchoring continental inflows alongside Morocco and South Africa.

Omokolade Ajayi Omokolade Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Circle backs Flutterwave after Ripple deal valued the fintech at $3.3 billion

Following a Ripple deal valuing it at $3.3 billion, Flutterwave secures Circle backing to embed digital dollar settlements across its network.

Omokolade Ajayi Omokolade Ajayi
Nigerian tycoon Kola Karim
BillionairesBusinessExclusiveHot News

Kola Karim: The Nigerian tycoon who recently won a $1 billion Algeria gas contract

Kola Karim expands Shoreline into North Africa, securing a landmark $1 billion gas contract in Algeria via Arkad.

Omokolade Ajayi Omokolade Ajayi
Zimbabwe begins blueberry exports to China
BusinessGlobal News

Zimbabwe begins blueberry exports to China in boost for Africa’s fruit trade

Zimbabwe begins blueberry exports to China, opening a major new market for growers as the country expands its fast-growing fruit export industry.

Oluwatosin Alao Oluwatosin Alao
BusinessHot News

Egypt launches child-focused SIM services to strengthen online safety

Egypt launches child-focused SIM services, Etmaen and Etmaen Ala El Akher, to enhance online safety with built-in network protections.

Feyisayo Ajayi Feyisayo Ajayi