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Why Raya Holding sold Raya Foods to Helios Investment Partners

Raya Holding’s sale of Raya Foods to Helios shows disciplined capital allocation, portfolio rebalancing and a value-maximizing exit strategy.

Feyisayo Ajayi January 5, 2026

Business Hot News

Heineken exits Congo, sells brewery stake after decades in market

Heineken exits Congo after decades, selling Bralima stake to ELNA Holdings amid conflict disruptions and strategic shift in Africa.

Timilehin Adejumobi April 10, 2026

Luxury Tourism

DAVINCI Hotel and Suites: Sandton’s luxury business hub

DAVINCI Hotel and Suites in Sandton offers luxury accommodations, corporate amenities, and prime access to Johannesburg’s business and retail hub.

Timilehin Adejumobi March 30, 2026

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Business Hot News

Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

Feyisayo Ajayi April 20, 2026

Hot News Technology

10 African tech titans driving fintech and innovation

Feyisayo Ajayi February 2, 2026

Top 10 Africa’s eco-luxury hotels

Explore Africa's top 10 eco-luxury hotels, celebrated for sustainability, and…

Hot News January 22, 2025

Kenya’s 10 tallest towers redefining Nairobi’s skyline

Kenya’s 10 tallest towers reshape Nairobi’s skyline, signaling economic growth,…

Hot News February 18, 2026

Fynd makes South Africa debut, secures Surtee Group deal

Surtee Group adopts Fynd tech to link stores and e-commerce.

Business December 16, 2025

U.K News

Fani Titi earns $4.51 million as Investec CEO pay drops 36% in 2025

Investec CEO Fani Titi earns $4.51 million in 2025, as compensation drops 35.9% on weaker long-term incentives despite steady leadership.

Feyisayo Ajayi April 10, 2026

Carbon Markets Africa Summit to unlock billions in climate finance for the continent

October 15, 2025

Nigerian billionaires Elumelu, Rabiu meet Macron to strengthen Africa-France ties

March 12, 2026

15 biggest industrial farms in MENA region

November 6, 2025

Transcorp Hotels Q1 2026 revenue nears $20 million as profit, margins rise

April 24, 2026

7 most valuable lenders on Casablanca Stock Exchange

December 11, 2025

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Business Hot News

Baloobhai Patel linked-Absa Kenya inks asset finance deal with Japanese vehicle exporter

Feyisayo Ajayi April 20, 2026

Business Tourism

South African Artist breaks auction record with $13.7 million painting sale

Timilehin Adejumobi May 30, 2025

A luxury riverside safari lodge at sunset in Uganda’s Murchison Falls National Park.

Luxury Tourism

Inside Uganda’s new Kulu Ora lodge redefining luxury Safari stays

Oluwatosin Alao October 18, 2025

Hot News Tourism

Inside Africa’s six island nations, how tourism is reshaping their economies

Feyisayo Ajayi December 3, 2025

South African billionaire Koos Bekker loses $400 million in two months

Bekker, 73, is chairman of Naspers, Africa’s largest consumer internet and technology…

Omokolade Ajayi March 16, 2026

10 iconic buildings transforming South Africa’s modern skylines

Inside 10 iconic buildings reshaping South Africa’s skyline

Timilehin Adejumobi March 7, 2026

Zenith Bank hits $3.3 billion market cap under Adaora Umeoji as Nigeria’s most valuable bank

Since the start of the year, Zenith Bank’s stock has risen sharply,…

Omokolade Ajayi March 20, 2026

How currency shifts are impacting luxury travel in Africa

Currency volatility drives pricing shifts in Africa’s luxury tourism

Timilehin Adejumobi December 30, 2025

Algeria opens 600-mile railway to develop major iron ore deposit

Timilehin Adejumobi February 2, 2026

Business Hot News

20 world’s most important maritime chokepoints, like the Strait of Hormuz

Feyisayo Ajayi March 13, 2026

Hot News Tourism

15 places to visit in Malawi this December

Feyisayo Ajayi December 4, 2025

Luxury Tourism

Marriott expands African presence with bold growth strategy

Timilehin Adejumobi June 18, 2025

Hot News Technology

IHS weighs $685 million Latam tower sale after $6.2 billion bid from MTN Group

Omokolade Ajayi February 19, 2026

Hot News Tourism

Top 15 luxury yoga and wellness retreats in Africa

Feyisayo Ajayi June 1, 2025

Sports

Mohamed Salah’s career earnings top $125 million

Omokolade Ajayi November 26, 2024

Business Hot News

Orascom Construction revenue jumps 55% to $5.1 billion in 2025

Feyisayo Ajayi February 13, 2026

TECHNOLOGY

Luxury Tourism

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Tokunboh Ishmael Alitheia Capital impact investing

Business Hot News

Nigerian investor Tokunboh Ishmael builds Africa-focused impact capital platform through Alitheia Capital

Tokunboh Ishmael builds Alitheia Capital into a leading platform channeling impact investment into Africa’s underserved,…

Feyisayo Ajayi March 30, 2026

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