Why African conglomerates are spinning off units to unlock value

African conglomerates spin off units to unlock value, reduce discounts, and attract global investors through focused, transparent structures.

Timilehin Adejumobi Timilehin Adejumobi

Black South Africans climb income ladder as unemployment hits lowest since 2020

Over the past three decades, a growing number of Black South African households have moved into higher income brackets. A University of Cape Town study…

Omokolade Ajayi Omokolade Ajayi

QatarEnergy launches new gas exploration drive in Egypt

QatarEnergy expands its presence in Egypt through a new gas exploration partnership with Italy’s Eni, strengthening its Mediterranean portfolio amid rising global LNG demand.

Oluwatosin Alao Oluwatosin Alao

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Africa’s top 20 crown jewel hotels

Africa’s crown jewel hotels blend luxury, culture, and world-class service,…

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Fairmont Zimbali Resort: Where coastal luxury meets African nature

Fairmont Zimbali offers oceanfront luxury in South Africa’s coastal forest

Luxury

Nigeria’s fintech unicorn Moniepoint acquires restaurant management platform Orda

Nigeria’s fintech unicorn Moniepoint Orda, boosting Moniebook as transactions hit…

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IBL’s Lux Island resorts posts $127.6 million half-year revenue on tourism surge

LUX* Island Resorts posts $127.6 million H1 revenue as Mauritius, Maldives tourism…

Feyisayo Ajayi

Africa’s future: 5 mega projects shaping economic growth

Africa’s mega projects are reshaping trade, energy, and tech—powering AfCFTA, slashing emissions,…

Timilehin Adejumobi

Glencore seals $115 million cobalt deal as U.S. eyes supply shift from China

Glencore secures $115 million cobalt purchase for U.S. stockpile as policy shifts…

Omokolade Ajayi

Top 10 Namibia’s 5-star hotels

Namibia’s luxury hotel scene blends adventure, exclusivity, and eco-tourism, offering world-class hospitality…

Feyisayo Ajayi