Luxury

MCB, 15 banks join Proparco to close Africa’s $50 billion agri-finance gap

Proparco and 16 lenders launch Africa AgriTrade Coalition to bridge $50 billion trade finance gap, boosting food supply chains.

Feyisayo Ajayi May 12, 2026

Billionaires Business Hot News

Abdul Samad Rabiu’s son, Khalifa’s BUA Foods stake tops $300 million

BUA Foods' valuation lifts Khalifa Rabiu’s 473,628,201 share stake above $300 million amid a 21 percent rally on the Nigerian Exchange.

Omokolade Ajayi May 12, 2026

Billionaires Business Hot News

Africa’s first Black billionaire Patrice Motsepe says partnerships boost South Africa’s mining sector

Africa’s first Black billionaire Patrice Motsepe says public-private partnerships are improving South Africa’s mining output and investor confidence.

Omokolade Ajayi May 12, 2026

Business Hot News

Ecobank gets $353 million deal to boost African agriculture, women entrepreneurs

Ecobank secures $353 million Proparco-backed financing to boost African agriculture and expand support for women-led businesses.

Feyisayo Ajayi May 12, 2026

Business Hot News

Kenya moves to secure IMF support as Iran tensions raise energy costs

Kenya moves to secure International Monetary Fund support as rising energy prices and geopolitical tensions pressure the economy and fiscal stability.

Omokolade Ajayi May 12, 2026

Our Team

Feyisayo Ajayi 1498 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.

Digital strategy and growth,

Omokolade Ajayi 412 Articles

Timilehin Adejumobi 909 Articles

Oluwatosin Alao 343 Articles

MCB, 15 banks join Proparco to close Africa’s $50 billion agri-finance gap

Abdul Samad Rabiu’s son, Khalifa’s BUA Foods stake tops $300 million

Africa’s first Black billionaire Patrice Motsepe says partnerships boost South Africa’s mining sector

Ecobank gets $353 million deal to boost African agriculture, women entrepreneurs

Kenya moves to secure IMF support as Iran tensions raise energy costs

MCB, 15 banks join Proparco to close Africa’s $50 billion agri-finance gap

Abdul Samad Rabiu’s son, Khalifa’s BUA Foods stake tops $300 million

Africa’s first Black billionaire Patrice Motsepe says partnerships boost South Africa’s mining sector

MCB, 15 banks join Proparco to close Africa’s $50 billion agri-finance gap

Abdul Samad Rabiu’s son, Khalifa’s BUA Foods stake tops $300 million

Africa’s first Black billionaire Patrice Motsepe says partnerships boost South Africa’s mining sector

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