African Rail Co. Archives

Parent of Serena Hotels sees profit decline to $6.1 million as FX gains fade in Kenya

TPS Eastern Africa profit falls 40% to $6.1 million as FX gains fade, while revenue remains stable amid tourism resilience in Kenya.

Feyisayo Ajayi May 1, 2026

Business Hot News

African Rail Co. backs South Africa freight rail expansion with $170 million

African Rail Co. plans a $170 million investment to expand freight rail services across South Africa and Southern Africa.

Timilehin Adejumobi May 1, 2026

Nigerian billionaire businessman Tony Elumelu.

Billionaires Business Hot News

Nigerian billionaire Tony Elumelu’s Seplat stake tops $1 billion on share rally

Tony Elumelu’s Seplat stake tops $1 billion as shares surge, boosting valuation and reinforcing his influence in Africa’s energy sector.

Omokolade Ajayi May 1, 2026

Singita to open Elela luxury safari camp in Okavango Delta in 2026

Luxury Tourism

Singita’s Elela to debut in Okavango Delta with private luxury safaris

Africa’s luxury travel market is drawing growing global attention, with travelers seeking experiences that offer privacy, authenticity and a deeper connection to nature. Few destinations meet that demand as naturally as the Okavango Delta, a vast wilderness known for rich wildlife, sweeping floodplains and some of the finest safari experiences on the continent. Now, Singita is preparing to expand its…