Luxury

Oriental Weavers reported stronger first-quarter 2026 earnings as exports and lower production costs supported growth at the Egyptian carpet manufacturer.

Oriental Weavers Q1 2026 profit rises to $17.1 million on lower costs, higher exports

Oriental Weavers reports first-quarter 2026 profit of $17.1 million as revenue rises and exports strengthen amid lower production costs.

Omokolade Ajayi May 25, 2026

Business Hot News

Elsewedy Electric, Egypt PM Madbouly discuss expansion, new investment plans

Elsewedy Electric and PM Madbouly review expansion plans, including automotive manufacturing, industrial zones and new investments in Egypt.

Timilehin Adejumobi May 25, 2026

Business Hot News Technology

South Africa’s Altron posts $587 million revenue as platform businesses drive $50 million profit

Altron posts $587 million revenue and $50 million profit for FY ended Feb. 28, 2026 driven by digital platform businesses and recurring revenue growth.

Feyisayo Ajayi May 25, 2026

Billionaires Business Hot News

South African billionaire Patrice Motsepe’s net worth drops $200 million so far in May

Patrice Motsepe’s net worth drops by $200 million in May to $3.7 billion as African Rainbow Minerals shares fall nearly 7 percent.

Omokolade Ajayi May 25, 2026

Business Hot News

Finnfund invests $15 million in Ecobank nature bond for African agriculture

Finnfund invests $15 million in Ecobank Nature Bond to fund sustainable agriculture, biodiversity and water projects across Africa.

Timilehin Adejumobi May 25, 2026

Business Hot News

Oriental Weavers Q1 2026 profit rises to $17.1 million on lower costs, higher exports

Omokolade Ajayi May 25, 2026

Business Hot News

Elsewedy Electric, Egypt PM Madbouly discuss expansion, new investment plans

Timilehin Adejumobi May 25, 2026

Business Hot News Technology

South Africa’s Altron posts $587 million revenue as platform businesses drive $50 million profit

Feyisayo Ajayi May 25, 2026

Business Hot News

Oriental Weavers Q1 2026 profit rises to $17.1 million on lower costs, higher exports

Omokolade Ajayi May 25, 2026

Business Hot News

Elsewedy Electric, Egypt PM Madbouly discuss expansion, new investment plans

Timilehin Adejumobi May 25, 2026

Business Hot News Technology

South Africa’s Altron posts $587 million revenue as platform businesses drive $50 million profit

Feyisayo Ajayi May 25, 2026

Our Team

Feyisayo Ajayi 1554 Articles

Feyisayo Ajayi is the Head of Digital strategy and growth, Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.

Head of Digital strategy and growth

Omokolade Ajayi 451 Articles

Timilehin Adejumobi 952 Articles

Oluwatosin Alao 364 Articles

Oriental Weavers Q1 2026 profit rises to $17.1 million on lower costs, higher exports

Elsewedy Electric, Egypt PM Madbouly discuss expansion, new investment plans

South Africa’s Altron posts $587 million revenue as platform businesses drive $50 million profit

South African billionaire Patrice Motsepe’s net worth drops $200 million so far in May

Finnfund invests $15 million in Ecobank nature bond for African agriculture

Oriental Weavers Q1 2026 profit rises to $17.1 million on lower costs, higher exports

Elsewedy Electric, Egypt PM Madbouly discuss expansion, new investment plans

South Africa’s Altron posts $587 million revenue as platform businesses drive $50 million profit

Oriental Weavers Q1 2026 profit rises to $17.1 million on lower costs, higher exports

Elsewedy Electric, Egypt PM Madbouly discuss expansion, new investment plans

South Africa’s Altron posts $587 million revenue as platform businesses drive $50 million profit

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