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Accelerate Property Fund posts $71.5 loss amid related-party debt impairment

Business Hot News

Accelerate Property Fund posts $71.5 loss amid related-party debt impairment

Accelerate Property Fund posts R1.27 billion ($71.5 million) loss in 2025 as related-party debt impairment and weaker rentals hit results.

Feyisayo Ajayi August 10, 2025

Solar mini-grid

Business Hot News

Why Africa’s solar mini-grids are beating national utilities

Solar mini-grids are outpacing Africa’s national utilities, delivering faster, cheaper, and reliable power to millions.

Timilehin Adejumobi April 9, 2026

Addis Ababa

Entertainment Tourism

10 best experiences in Addis Ababa, Ethiopia’s Capital

Discover the top 10 best things to do in Addis Ababa, Ethiopia’s capital. From world-class coffee and cultural food to vibrant nightlife, history museums, and…

Oluwatosin Alao September 3, 2025

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Moyenne Island Seychelles

Hot News Tourism

Moyenne Island: A private-island escape with history and adventure

Feyisayo Ajayi November 13, 2025

Business Hot News

CI Capital, TMG back $154 million investment fund for Madinaty projects

Timilehin Adejumobi March 12, 2026

New Tsavo Wildlife hub targets rising luxury tourism demand

At a Glance Kenya is making a fresh push into…

Luxury December 12, 2025

Ghanaian businessman Ibrahim Mahama wins bid to take over Damang gold mine from Gold Fields

Engineers and Planners, led by Ibrahim Mahama, takes control of…

Business April 9, 2026

Nigerian insurance tycoon Wole Oshin to pocket $2.8 million from Custodian Investment

Wole Oshin to earn $2.8 million dividend as Custodian Investment…

Business April 9, 2026

U.K News

EDITOR'S PICK

FEATURED

Munich Airport launches program to modernize African airports

February 9, 2026

Elon Musk loses $33 billion in a single day as feud with President Trump explodes

June 6, 2025

Inside $20 billion Simandou Mine: Delays, disputes and the restart of Guinea’s largest mine

November 17, 2025

Macron unveils $27 billion Africa fund to rival China’s growing influence

May 12, 2026

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

May 12, 2026

Africa’s oldest high-rise buildings

Business Hot News

10 of Africa’s oldest high-rise buildings

Before glass mega-towers, early high-rises in Johannesburg, Cairo and Lagos shaped Africa’s urban economies and ambitions.

Feyisayo Ajayi January 9, 2026

Zenith Bank, Nigeria’s most profitable lender.

Nigeria’s Zenith Bank opens new branch in Manchester, expanding UK presence

March 17, 2026

Nyerere National Park Tanzania

El Fenn Marrakech Hotel: Where Moroccan art meets modern comfort

October 18, 2025

Odu’a Investment expands with 10% stake in FCMB pensions

Odu’a Investment expands with 10% stake in FCMB pensions

March 18, 2026

10 largest banking groups in Burkina Faso

November 1, 2025

Africa’s top 20 crown jewel hotels

Hilton to triple African hotel portfolio amid tourism surge

June 21, 2025

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Karim Shehata, Basata Chief Executive Officer

Business Hot News

Basata Holding commits $7 million investment to boost Egypt’s growth

Timilehin Adejumobi September 3, 2025

Botswana's capital city.

Business Global News Hot News

Bank of Botswana raises rates, first African central bank to act since war shock

Omokolade Ajayi May 14, 2026

Edith Jiya

Business Hot News

Edith Jiya’s ascent: Group CEO in Malawi to South Africa’s leadership

Feyisayo Ajayi April 12, 2025

Namibia Breweries posts $121.4 million revenue in H1 2025

Business Hot News

Namibia Breweries posts $121.4 million revenue in H1 2025

Feyisayo Ajayi September 20, 2025

10 African countries big in palm oil production

Africa’s palm oil sector is expanding as countries modernize production, support smallholders…

Feyisayo Ajayi November 19, 2025

How Egypt’s 90-year family empire, Hassan Allam Holding built the Arab world’s infrastructure

For nearly a century, Hassan Allam Holding has shaped Egypt’s infrastructure, from…

Feyisayo Ajayi October 21, 2025

Shaboozey’s “A Bar Song (Tipsy)” hits 1 billion streams on Spotify

The success of “A Bar Song (Tipsy)” has earned Shaboozey multiple nominations…

Omokolade Ajayi December 30, 2024

TikTok boosts AI literacy in Sub-Saharan Africa with $200,000 investment

TikTok invests $200K to boost AI literacy in Sub-Saharan Africa, backing local…

Oluwatosin Alao March 12, 2026

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Business Hot News

ADvTECH’s Africa expansion lifts operating profit past $120 million in 2025

Omokolade Ajayi May 7, 2026

Access Bank headquarters in Lagos, corporate headquarters of Access Holdings Plc.

Business Hot News

Nigeria’s Access Holdings skips 2025 dividend as $380 million impairment hits income

Omokolade Ajayi May 4, 2026

Africa’s biggest airport Ethiopia

Business Hot News

Ethiopia launches Africa’s biggest airport under Vision 2035 with $12.5 billion

Feyisayo Ajayi January 17, 2026

Livingstonia International Conference Centre sits between Sunbird Livingstonia and Sunbird Waterfront

Business Tourism

Sunbird Tourism launches Livingstonia International conference hub

Oluwatosin Alao February 4, 2026

Business Hot News

Nigerian executive Owen Omogiafo says government’s commitment to energy debt promises gains for Transcorp

Omokolade Ajayi March 18, 2026

Business Exclusive Hot News

Nigeria’s Zedvance targets $185 million in business loans by 2026

Editorial Team March 19, 2026

DJ Neptune

Entertainment Hot News

15 African DJs changing the sound of global nightlife

Timilehin Adejumobi September 11, 2025

Best African beaches 2025

Hot News Tourism

Anse Lazio: Untamed elegance on Praslin’s Northern shore

Feyisayo Ajayi May 14, 2025

TECHNOLOGY

Valero-KAD deal signing event

Business Hot News

Valero Developments taps KAD to improve project delivery performance

Valero partners KAD to boost real estate project performance

Timilehin Adejumobi January 3, 2026

Glencore DRC copper deal

Glencore DRC land deal extends Kamoto output into 2040s

February 18, 2026

IFC backs Morocco microloans

Morocco’s Fondation Arrawaj gets $15 million IFC microloan

March 1, 2026

Moroccan business tycoons

10 Moroccan giant businesses, and tycoons behind them

January 19, 2026

Equatorial Guinea plans subsea cable to boost internet reliability

Equatorial Guinea plans subsea cable to boost internet reliability

April 6, 2026

IFC Nitron fertilizer trade finance

IFC weighs $30 million trade finance backing for Nitron to boost global fertilizer flows

April 14, 2026

EDITOR'S PICK

FEATURED

Namibia secures $1.78 billion in fresh AfDB funding

December 4, 2025

Standard bank expands green finance impact with new sustainability academy

August 27, 2025

Swedish energy giant Preem commits $279 million to renewable fuel transition in 2024

March 29, 2025

Inside Zimbabwe’s Bumi Hills Safari Lodge above Lake Kariba

February 24, 2026

Nigeria’s richest woman, Folorunso Alakija, unveils $1 million grant for women

March 27, 2026

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OCI Global 2025 revenue

Business Hot News

Egyptian billionaire Nassef Sawiris’ OCI posts $1.6 billion revenue in 2025

OCI posts $1.61 billion 2025 revenue, up 24% year over year, driven by strong nitrogen…

Feyisayo Ajayi April 20, 2026

Tazi family Sothema stake

Business Hot News

Meet one of Morocco’s richest, Tazi family, with more than $650 million worth of shares

Tazi family’s $653 million Sothema stake cements control, reinforcing influence on Morocco’s pharmaceutical and healthcare…

Feyisayo Ajayi April 20, 2026

Capitec Bank HQ

Capitec rolls out Smart ID services at new South Africa branches

Business

Serengeti National Park tourism

Serengeti National Park’s revenue dips below $100 million amid growing visitor numbers

Hot News

Windhoek introduces a free Hop’n’Go2 shuttle to boost city tourism, promote eco-friendly travel, and make exploring Namibia’s capital easier than ever.

Windhoek launches free shuttle to boost city tourism

Business

Ascencia Mauritius retail

Mauritian property giant Ascencia shapes the island’s retail landscape with seven malls

Business

Johnson Controls Arabia Raya Electronics partnership in Egypt

Johnson Controls Arabia partners with Raya Electronics to expand York HVAC footprint in Egypt

Business

Great Mosque of Tlemcen — Tlemcen, Algeria11

10 oldest mosques in Africa

Hot News

Egypt beverage market

7 biggest beverage firms in Egypt

Business

Finch Hattons sits at the base of the Chyulu Hills, amid springs and open skies.

Finch Hattons opens luxury Safari camp in Kenya’s Tsavo West

Luxury