African conglomerates and wealth Archives

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Hassan Allam Holding has acquired MetiPro, the engineering, procurement, and construction (EPC) arm of Metito Group, in a strategic move to expand its footprint in water infrastructure across Africa and other emerging markets. The deal underscores a growing shift among infrastructure players toward water security, as population growth, urbanization, and climate pressures intensify demand for reliable and sustainable water systems…

Feyisayo Ajayi April 19, 2026

Business Global News Hot News

Kenya plans $500 million debut green bond as Iran war shakes economy

Kenya plans a $500 million green bond with World Bank support as oil price shocks and global tensions pressure its economy and financing.

Omokolade Ajayi April 19, 2026

Nompumelelo Zikalala, CEO of Kumba Iron Ore, leading the South African mining company.

Business Hot News

Durban-born mining executive Nompumelelo Zikalala’s pay hits $2.1 million in 2025

Nompumelelo Zikalala earned $2.1 million in 2025 after Kumba Iron Ore reported $1.95 billion EBITDA and stronger performance.

Omokolade Ajayi April 19, 2026

Luxury Tourism

Sugar Beach Mauritius: Where luxury meets island elegance

Sugar Beach Mauritius offers beachfront luxury, sunset views, fine dining, and wellness experiences on Africa’s top island escape

Timilehin Adejumobi April 19, 2026

Tanganyika Province in the Democratic Republic of the Congo, a mineral-rich region contributing to the country’s mining-driven economic expansion.

Business Hot News

Congo set to overtake Ethiopia as sub-Saharan Africa’s fifth-largest economy

Congo projected to overtake Ethiopia as sub-Saharan Africa’s fifth-largest economy, driven by mining, currency gains and IMF projections.

Omokolade Ajayi April 19, 2026

Tag: African conglomerates and wealth

Namibia’s business groups: Multimillionaires who built them

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Kenya plans $500 million debut green bond as Iran war shakes economy

Durban-born mining executive Nompumelelo Zikalala’s pay hits $2.1 million in 2025

Sugar Beach Mauritius: Where luxury meets island elegance

Congo set to overtake Ethiopia as sub-Saharan Africa’s fifth-largest economy

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Kenya plans $500 million debut green bond as Iran war shakes economy

Durban-born mining executive Nompumelelo Zikalala’s pay hits $2.1 million in 2025

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Kenya plans $500 million debut green bond as Iran war shakes economy

Durban-born mining executive Nompumelelo Zikalala’s pay hits $2.1 million in 2025

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