African agribusiness Archives

Business Hot News

South Africa’s IDC to convert Orion loan into equity stake

South Africa’s IDC backs Prieska mine with an equity move, streamlining funding and timelines.

Timilehin Adejumobi April 3, 2026

Business Hot News

Nigerian clergyman Victor Abimbola Olaiya’s NAHCO stake surges to $23 million

Nigerian cleric Victor Abimbola Olaiya’s NAHCO stake surges $10 million to $23 million on strong Nigerian Exchange rally.

Feyisayo Ajayi April 3, 2026

Business Hot News

Moroccan developer Addoha posts $55 million profit on strategy shift

Addoha posts $55 million profit as net income jumps 70%, signaling stronger execution and a shift to value-driven growth.

Feyisayo Ajayi April 3, 2026

Business Hot News

MCB secures $100 million climate financing facility to drive green growth in Africa

MCB secures $100 million, 10-year climate facility to fund renewable energy and resilience projects across Africa, deepening its green finance push.

Feyisayo Ajayi April 3, 2026

Radisson tops 100 Africa hotels, expands in Nigeria, Morocco, SA

Business Tourism

Radisson expands past 100 Africa hotels, eyes strong 2030 growth

Radisson Hotel Group has passed a key mark in Africa, with more than 100 hotels in operation and development, as it steps up expansion across some of the continent’s busiest travel markets. The move reflects rising demand for branded hotels, driven by business travel, urban growth, and a steady return of international visitors. The milestone comes at a time when…