Tag: Africa

Axian Telecom advances digital operations across Africa through cloud transformation and telecom expansion in nine markets.
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Axian Telecom rises after Oracle deal, ranks among Africa’s fastest-growing firms

Axian Telecom rises to No. 63 on the 2026 Financial Times list of Africa’s fastest-growing companies under Hassanein Hiridjee, driven by steady expansion across African markets.

Omokolade Ajayi Omokolade Ajayi
Airtel Africa continues expanding mobile and digital services across African markets as subscriber growth accelerates.
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Airtel Africa profit tops $800 million as data, mobile money growth accelerates

Airtel Africa's profit rose to $813 million as data usage and mobile money growth boosted revenue to $6.41 billion.

Omokolade Ajayi Omokolade Ajayi
BusinessHot NewsTechnology

Amid $100 million expansion plan, Redtech ranks among Africa’s fastest-growing companies

Redtech, backed by Tony Elumelu, ranks among Africa’s fastest-growing fintech firms amid expansion into 29 countries.

Omokolade Ajayi Omokolade Ajayi
Africa’s richest man, Aliko Dangote.
BillionairesBusinessHot News

Africa’s richest man gains $1.26 billion as Dangote Cement jumps on London listing push

Aliko Dangote’s stake in Dangote Cement jumps 1.26 billion dollars as shares rally and London listing talks gain momentum.

Omokolade Ajayi Omokolade Ajayi
Angola’s Cabinda refinery begins fuel shipments.
BusinessHot News

Angola’s Cabinda refinery begins fuel shipments amid global supply strain

Angola’s Cabinda refinery begins fuel shipments, boosting local supply and easing import dependence amid global oil disruptions.

Omokolade Ajayi Omokolade Ajayi
Ecobank
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After $594 million profit Ecobank targets $350 million debt raise, sustainability

Ecobank is tapping global debt markets with a $350 million Tier 2 issuance to refinance existing notes and fund sustainability-linked financing across Africa.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
BillionairesBusinessHot News

Nigerian billionaire Aliko Dangote’s Dangote Cement posts $233 million profit in Q1 2026

Dangote Cement posts $233 million profit in Q1 2026, driven by stronger sales, higher volumes and cost control.

Omokolade Ajayi Omokolade Ajayi
Indian billionaire Sunil Bharti Mittal.
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Indian billionaire Sunil Bharti Mittal’s final corporate move sets up $2B Airtel Money IPO

Airtel Africa, led by Sunil Bharti Mittal, plans Airtel Money IPO that could raise up to $2 billion amid a 2026 leadership transition.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
BusinessHot News

Aliko Dangote’s $50 billion refinery IPO set to create Africa’s most valuable company

Aliko Dangote’s $50 billion refinery IPO could create Africa’s most valuable company as a pan-African listing targets up to 2 million investors.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Egypt raises electricity prices as energy costs surge

Egypt raises electricity prices for heavy users as energy import costs surge, while shielding lower-income households from tariff increases.

Omokolade Ajayi Omokolade Ajayi
Hot NewsTechnology

UN urges Africa to borrow, boost revenue to fund AI infrastructure gap

UN urges African governments to borrow, boost revenue, and invest in data centers and power to close the artificial intelligence infrastructure gap.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Fuel costs jump across Africa as governments rush to shield households

Fuel costs surge across Africa, forcing governments to cut taxes and adjust prices to ease pressure on households amid global supply shocks.

Omokolade Ajayi Omokolade Ajayi