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Capital Hotels, IDC invest $16.2 million in Gqeberha as hospitality moves beyond cities

Capital Hotels and IDC invest $16.2 million in a Gqeberha hotel project, expanding South Africa’s…

Timilehin Adejumobi Timilehin Adejumobi
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Ethiopian Electric Power (EEP)
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Ethiopia restarts $445 million plan for Africa’s tallest tower
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Africa’s beauty: Four destinations on world’s top list
NMB Bank Plc
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Tanzania’s biggest bank, NMB, sees $100 million market value increase in first 25 days of 2025
Kamaru Usman
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Usman ends UFC losing streak, beats Buckley in comeback fight
Sandton Sun & Towers – Johannesburg 1
LuxuryHot News
Sandton Sun & Towers: Johannesburg’s premier luxury hotel reimagined

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Armando Perny, acting CEO of Telecom Namibia
BusinessTechnology

Telecom Namibia appoints Armando Perny acting CEO after executives exit 

Telecom Namibia Acting CEO Armando Perny takes charge as the state-owned telecom begins a leadership transition.

Timilehin Adejumobi Timilehin Adejumobi

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Aliko Dangote targets $100 billion revenue with $45 billion investment plan

Aliko Dangote targets $100 billion in annual revenue by 2030…

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Inospace eyes $60 million industrial expansion after asset sell-out

South Africa’s Inospace targets $60m+ acquisitions after R545m asset sales,…

Business
Nigeria’s oil contractors get $3 billion boost from Shell and banks

Nigeria Oil Contractor Finance Facility gains a $3 billion boost…

Business
Kenya fast-tracks appeal over $1.9 billion Safaricom-Vodacom deal     

Kenya's Court of Appeal fast-tracks a legal challenge to Vodacom's…

Business
Kenya fintech 4G Capital gets $6.2 million guarantee to expand MSME lending

4G Capital secures a $6.2 million IFC-backed guarantee to expand…

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Sim Tshabalala, CEO of Standard Bank Group.
BusinessHot News

Standard Bank’s Sim Tshabalala, top brass, unlock over $9 million in share awards

Standard Bank executives unlock $9.4 million in share awards as performance-linked incentives vest under long-term compensation plans.

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Meliá expands into Tunisia with five resorts by 2030
TourismBusiness

Meliá Hotels expands in Tunisia with five new resorts by 2030

Meliá expands into Tunisia with five resorts by 2030, boosting luxury tourism,…

Oluwatosin Alao Oluwatosin Alao
Mamelodi Square
BusinessHot News

South Africa’s Putprop sells 50% stake in Mamelodi Square for $9 million

Putprop sells 50% Mamelodi Square stake for $9 million, exits township retail…

Oluwatosin Alao Oluwatosin Alao
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
TechnologyBusinessHot News

U.S. blacklist of China’s gaming giant wipes out $3.8 billion from Africa’s most valuable company

This decline reflects a ripple effect from Tencent’s own struggles, with the…

Omokolade Ajayi Omokolade Ajayi
Gabriel Ogbechie, chairman of Eterna Plc.
BusinessCompaniesInvestments

Nigerian oil mogul Gabriel Ogbechie’s Eterna stake rebounds above $50 million

Ogbechie holds an indirect stake of 1,519,011,592 shares in Eterna, representing 69.48%…

Timilehin Adejumobi Timilehin Adejumobi
IFC Africa Go Green Fund investment
BusinessHot News

IFC plans $23 million investment in Africa Go Green renewable fund 

IFC eyes $23 million follow-on investment in Africa Go Green Fund to…

Feyisayo Ajayi Feyisayo Ajayi
Ufundi SACCO Co-op Plaza sale
BusinessHot News

Kenya’s 54-year-old Ufundi SACCO lists Co-op Plaza for sale over $2 million loan

Ufundi SACCO lists Nairobi’s Co-op Plaza for sale to settle a $2…

Feyisayo Ajayi Feyisayo Ajayi
Elsa, Khaby, & Temi
BusinessLuxury

Top 10 African influencers redefining global branding

Africa’s top influencers are reshaping global branding with bold content, strategic deals,…

Oluwatosin Alao Oluwatosin Alao
Nigerian billionaire Abdul Samad Rabiu
BusinessHot News

Nigerian billionaire Abdul Samad Rabiu to pocket N806 billion from BUA Foods, Cement

BUA Foods proposed a dividend totaling about N504 billion ($364 million), while…

Omokolade Ajayi Omokolade Ajayi
NeoTerra seeks $5 million to expand Mozambique fluorspar mine
BusinessMining

NeoTerra seeks $5 million to expand Mozambique fluorspar mine

NeoTerra seeks $5 million in U.S. funding to expand Mozambique’s Monte Muambe…

Oluwatosin Alao Oluwatosin Alao
South Africa’s grocery AI race heats up as Sixty60 adds conversational AI
TechnologyBusiness

South Africa’s grocery AI race heats up as Sixty60 adds conversational AI

South Africa’s grocery AI race heats up as Sixty60 adds Pixie Smart…

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