Tag: Africa

Sasini Tea Estate in Kenya, where tea, avocado, and macadamia crops are cultivated and harvested.
Hot NewsBusiness

Kenya eyes $8.3 billion agricultural plan to boost growth, slash food imports

Kenya launches a $8.3 billion agricultural plan, targeting private investors to fund a five-year overhaul to slash food imports and boost growth.

Omokolade Ajayi Omokolade Ajayi
Stellantis NV
BusinessHot News

Stellantis weighs future of $183 million South Africa factory amid strategy shift

Stellantis will decide the fate of its $183 million South Africa factory as the automaker shifts strategy toward affordable cars.

Omokolade Ajayi Omokolade Ajayi
Cameroon's richest man Baba Ahmadou Danpullo.
BillionairesBusinessHot News

Cameroon’s richest man Baba Ahmadou Danpullo takes on aviation with $871 million investment

Baba Ahmadou Danpullo plans a massive $871 million aviation venture to challenge state-owned airlines and build new airports in Cameroon.

Omokolade Ajayi Omokolade Ajayi
Zenith Bank
BusinessHot News

After Kenya deal and Côte d’Ivoire launch, Zenith Bank expands with new branch in southern Nigeria

Following moves in Kenya and Côte d'Ivoire, Zenith Bank expands in southern Nigeria as total assets reach $23.4 billion.

Omokolade Ajayi Omokolade Ajayi
Equity Bank Kenya HQ
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South African, Nigerian banks rush to Kenya but face fierce pushback from local giants

South African and Nigerian banks face a tough battle as they deploy major capital to break into Kenya’s $2 billion banking sector.

Omokolade Ajayi Omokolade Ajayi
The European Investment Bank (EIB).
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EIB pledges more than $800 million for Morocco in 2026 as investment ties deepen

The EIB commits more than $800 million to Morocco in 2026 to upgrade infrastructure, boost climate resilience, and rebuild quake-hit regions.

Omokolade Ajayi Omokolade Ajayi
Internet and 5G drive subscriber growth.
TechnologyBusinessHot News

Morocco’s telecom revenue rises as faster internet, 5G drive subscriber growth

Morocco's telecom market grew in early 2026 as 5G, fiber, and rising mobile data use offset declines in calls and text messaging.

Omokolade Ajayi Omokolade Ajayi
Egypt’s food exports.
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Egypt’s food exports climb 7.1% to $2.43 billion in first four months of 2026

Egypt’s food exports rose 7.1 percent to $2.43 billion in the first four months of 2026, driven by a surge in demand from Spain, Saudi Arabia, and China.

Omokolade Ajayi Omokolade Ajayi
Egypt taps China’s Sany for first wind turbine plan
TechnologyBusinessHot News

Egypt taps China’s Sany for first wind turbine plant to drive African grid

Egypt taps Sany for a new wind turbine plant to cut imports and export clean energy infrastructure across Africa and the Middle East.

Omokolade Ajayi Omokolade Ajayi
One of Tonino Lamborghini's assets.
LuxuryBusinessHot News

Tonino Lamborghini enters Africa with $60.5 million Zimbali Lakes project in South Africa

Tonino Lamborghini launches a $60.5 million hotel and branded residences project at Zimbali Lakes on South Africa’s North Coast.

Omokolade Ajayi Omokolade Ajayi
10 oldest publicly listed company
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Standard Bank eyes $15.4 billion growth market as African trade expands

Standard Bank targets a $15.4 billion African trade and SME banking market as cross-border commerce and regional growth accelerate across key economies.

Omokolade Ajayi Omokolade Ajayi
Africa economic zones infrastructure
BusinessHot News

Africa’s 15 most vital economic and infrastructure-linked zones

Africa’s most vital economic zones drive trade, investment, and jobs through integrated infrastructure linking ports, rail, power, and corridors.

Feyisayo Ajayi Feyisayo Ajayi