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Tag: agribusiness investment trends

PIC trims Astral Foods stake amid strategy shift

Business Hot News

PIC pares stake in poultry giant Astral Foods amid portfolio recalibration

PIC trims stake in Astral Foods to 23.94%, signaling caution amid sector volatility, bird flu, and power challenges.

Feyisayo Ajayi July 23, 2025

Nigerian billionaire Abdul Samad Rabiu

Business Hot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $103 million Q1 profit

BUA Foods posts $103 million Q1 profit as Abdul Samad Rabiu’s group cuts costs, offsets weaker sales, and strengthens margins.

Omokolade Ajayi April 29, 2026

Botswana Stock Exchange overview

Business Hot News

Botswana’s top 5 listed companies above $500 million by market value

Botswana Stock Exchange tops $70 billion as five giants in mining, banking, and trade drive liquidity, growth, and regional investor appeal.

Feyisayo Ajayi April 29, 2026

Johannesburg-born banking executive, Kenny Fihla, the Group CEO of Absa Group.

Business Hot News

Johannesburg-born banker Kenny Fihla takes $7.6 million pay from Absa in 2025

Absa Group paid Kenny Fihla a $7.62 million package in 2025, driven by buyout awards and incentives following his move from Standard Bank.

Omokolade Ajayi April 29, 2026

KoBold Metals’ Quebec exploration site, part of its North American push into lithium and nickel critical minerals for global energy transition supply chains.

Business Hot News

Bill Gates-backed firm breaks ground on $2.5bn Zambia copper mine after $50m Congo lithium bet

KoBold Metals starts Zambia’s $2.5 billion Mingomba copper mine after expanding into Congo lithium with a $50 million investment.

Omokolade Ajayi April 29, 2026

The Spine

Business Hot News

7 mega projects powering Egypt’s economic shift in 2026

Egypt’s 2026 mega projects are accelerating investment, jobs, and infrastructure growth, reshaping its economic trajectory.

Timilehin Adejumobi April 29, 2026

Nigerian billionaire Abdul Samad Rabiu

Business Hot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $103 million Q1 profit

Omokolade Ajayi April 29, 2026

Botswana Stock Exchange overview

Business Hot News

Botswana’s top 5 listed companies above $500 million by market value

Feyisayo Ajayi April 29, 2026

Johannesburg-born banking executive, Kenny Fihla, the Group CEO of Absa Group.

Business Hot News

Johannesburg-born banker Kenny Fihla takes $7.6 million pay from Absa in 2025

Omokolade Ajayi April 29, 2026

Nigerian billionaire Abdul Samad Rabiu

Business Hot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $103 million Q1 profit

Omokolade Ajayi April 29, 2026

Botswana Stock Exchange overview

Business Hot News

Botswana’s top 5 listed companies above $500 million by market value

Feyisayo Ajayi April 29, 2026

Johannesburg-born banking executive, Kenny Fihla, the Group CEO of Absa Group.

Business Hot News

Johannesburg-born banker Kenny Fihla takes $7.6 million pay from Absa in 2025

Omokolade Ajayi April 29, 2026

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Shore.Africa is a digital news platform focused on Africa’s leading luxury destinations, companies, business leaders and public figures. It operates under Travel Shore, a Lagos-based media and public relations company.

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Feyisayo Ajayi 1440 Articles

Feyisayo Ajayi is the Head of Digital strategy and growth, Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.

Digital strategy and growth,

Omokolade Ajayi 373 Articles

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