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Tag: Adcorp

Adcorp Holdings Limited

Business Companies Hot News

South Africa’s Adcorp lifts profit to $3.75 million on disciplined cost control

Adcorp Holdings boosted half-year profit to $3.75 million as cost discipline and stronger contract margins countered softer hiring volumes.

Omokolade Ajayi October 30, 2026

Africa’s richest person Aliko Dangote

Business Billionaires Energy Hot News Latest

Aliko Dangote’s $327 million investment boosts Kenya Pipeline Company’s value by $834 million

Kenya Pipeline Company gains $834 million in market value after Aliko Dangote acquires a 24.76% stake, driving shares to record highs.

Feyisayo Ajayi October 31, 2026

The European Investment Bank (EIB)

Business Technology

EIB commits $90 million to Egypt solar project, boosting Africa’s clean energy

Egypt’s $650 million Dandara solar project secures $90 million from the EIB to power EgyptAlum and strengthen cleaner aluminium exports.

Oluwatosin Alao October 31, 2026

Oando

Business Energy Hot News Latest

Nigerian billionaire Wale Tinubu’s Oando profit falls 47% to $79 million in 9M 2026

Oando's profit fell 47% to $78.65 million in 9M 2026 as rising finance costs offset higher revenue, production growth and improved operating profit.

Feyisayo Ajayi October 31, 2026

Nadine Drutman

Executives Business Hot News

Absa Group company secretary Nadine Drutman to step down after 20 years

Absa Group company secretary Nadine Drutman will step down in January 2027, ending a 20-year career with the South African financial group.

Feyisayo Ajayi October 31, 2026

Stanbic Bank

Business Banking

Stanbic Bank Botswana offers 20% stake in $99 million IPO

Stanbic Bank Botswana is offering 20% of its shares for $99.2 million, giving local investors a chance to own part of the bank.

Oluwatosin Alao October 30, 2026

Africa’s richest person Aliko Dangote

Business Billionaires Energy Hot News Latest

Aliko Dangote’s $327 million investment boosts Kenya Pipeline Company’s value by $834 million

Feyisayo Ajayi October 31, 2026

The European Investment Bank (EIB)

Business Technology

EIB commits $90 million to Egypt solar project, boosting Africa’s clean energy

Oluwatosin Alao October 31, 2026

Oando

Business Energy Hot News Latest

Nigerian billionaire Wale Tinubu’s Oando profit falls 47% to $79 million in 9M 2026

Feyisayo Ajayi October 31, 2026

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