Osoala and Co.
SportsHot News

10 African women football stars shining globally

Meet the top African women football stars excelling in Europe, the NWSL and global tournaments.

Timilehin Adejumobi Timilehin Adejumobi
South Africa's Edgars plans 50 new stores in major comeback
BusinessLuxury

South Africa’s Edgars plans 50 new stores in major comeback

South African retail giant Edgars plans 50 new stores after a major turnaround, marking a comeback for the 97-year-old fashion and beauty brand.

Oluwatosin Alao Oluwatosin Alao
Edita $9.3 million loan Egypt
BusinessHot News

IFC weighs $25 million financing for Edita’s Iraq expansion

IFC considers $25 million financing for Edita’s Iraq expansion, backing capacity growth, upgrades, and regional ambitions beyond Egypt.

Feyisayo Ajayi Feyisayo Ajayi
Richard Okello, co-founder of Sango Capital
BusinessHot News

Sango Capital takes over management of $460 million African fund portfolios  

Sango Capital takes charge of $460 million African fund portfolios, expanding its role in private equity and investment management.

Timilehin Adejumobi Timilehin Adejumobi
Senegal’s first offshore oil project.
Hot NewsBusiness

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

Senegal’s Sangomar field delivered nearly 18 million barrels in the first half of the year as Woodside Energy plans to expand production.

Omokolade Ajayi Omokolade Ajayi
Eni awards TechnipFMC major contract for Ivory Coast offshore expansion
BusinessHot News

Eni awards TechnipFMC major contract for Ivory Coast offshore expansion

Eni awarded Altera Infrastructure a major FPSO contract to expand Ivory Coast's $4 billion Baleine oil field, boosting offshore oil and gas production.

Oluwatosin Alao Oluwatosin Alao
Nigerian billionaire Tony Elumelu
BillionairesBusinessHot News

Nigerian billionaire Tony Elumelu retires as UBA chairman, capping a 21-year run that built a $24.5 billion banking giant

Tony Elumelu retires as UBA Chairman after a 21-year tenure, building a banking giant with $24.5 billion in assets. Emmanuel Nnorom takes over.

Omokolade Ajayi Omokolade Ajayi
Hassan Allam
BusinessHot News

Hassan Allam Utilities gets $30 million funding for Egypt’s Minya solar project

Hassan Allam Utilities secures $30 million EAAIF loan for Egypt’s Minya solar and battery project, boosting renewable capacity and grid reliability.

Feyisayo Ajayi Feyisayo Ajayi
Beta-Glass-green-bottles
BusinessHot News

Emerald HoldCo launches Beta Glass takeover offer for minority shares

Emerald HoldCo launches a mandatory offer for Beta Glass minority shares after acquiring majority control of the Nigerian packaging firm.

Timilehin Adejumobi Timilehin Adejumobi
Standard Bank Group Chairpersons
BusinessHot News

Standard Bank Group: 10 chairpersons driving growth across Africa

Standard Bank’s chairpersons anchor governance, risk oversight, and growth across 20 African markets, strengthening trust and long-term performance.

Feyisayo Ajayi Feyisayo Ajayi
ADNOC
BusinessHot News

ADNOC Distribution expands in Africa with $1 billion Shell South Africa deal

ADNOC Distribution Shell South Africa deal expands its African footprint through a $1 billion acquisition of Shell's fuel business.

Timilehin Adejumobi Timilehin Adejumobi
ADvTECH
BusinessHot News

PIC lifts ADvTECH stake to $319 million as valuation nears $1.6 billion

PIC raises its ADvTECH stake to $319 million as the education giant nears a $1.6 billion valuation on strong earnings and expansion.

Feyisayo Ajayi Feyisayo Ajayi