Mauritian resort group Lux Island Resorts posts $33 million profit as tourism surges

Lux Island Resorts posts $32.6 million profit as stronger Mauritius tourism and lower financing costs lift earnings.

Omokolade Ajayi September 27, 2026

Energy Companies Hot News

Nigerian oil tycoon targets Africa’s largest CNG producer 7 years after $200 million Otedola deal

Nigerian oil tycoon Abdulwasiu Sowami’s Ardova is leading a consortium to acquire Powergas, expanding its CNG business and targeting 100 refueling sites nationwide.

Omokolade Ajayi September 27, 2026

Executives Business Hot News

MTN Ghana rally lifts Ghanaian executive Ebenezer Asante’s stake to $4.3 million

MTN Ghana’s 48.1% rally has lifted Ebenezer Asante’s stake to $4.3 million, up $1.22 million since January.

Omokolade Ajayi September 27, 2026

Mauritius-based brewer and beverage maker Phoenix Beverages

Companies Business Hot News

Mauritius’ Phoenix Beverages revenue jumps 26% to $355 million on regional expansion

Phoenix Beverages lifted revenue 26% to $355.3 million in fiscal 2026, driven by Seychelles Breweries, stronger Mauritius demand and regional expansion.

Omokolade Ajayi September 27, 2026

Executives Hot News Markets

Kenyan executive Sarit Raja Shah’s I&M Group stake hits $25 million as shares double

Sarit Raja Shah’s I&M Group stake reaches $25 million after the lender’s shares double on the Nairobi Securities Exchange.

Omokolade Ajayi September 27, 2026

Tag: Ardova

Nigerian oil tycoon targets Africa’s largest CNG producer 7 years after $200 million Otedola deal

Mauritian resort group Lux Island Resorts posts $33 million profit as tourism surges

Nigerian oil tycoon targets Africa’s largest CNG producer 7 years after $200 million Otedola deal

MTN Ghana rally lifts Ghanaian executive Ebenezer Asante’s stake to $4.3 million

Mauritius’ Phoenix Beverages revenue jumps 26% to $355 million on regional expansion

Kenyan executive Sarit Raja Shah’s I&M Group stake hits $25 million as shares double

Mauritian resort group Lux Island Resorts posts $33 million profit as tourism surges

Nigerian oil tycoon targets Africa’s largest CNG producer 7 years after $200 million Otedola deal

MTN Ghana rally lifts Ghanaian executive Ebenezer Asante’s stake to $4.3 million

Mauritian resort group Lux Island Resorts posts $33 million profit as tourism surges

Nigerian oil tycoon targets Africa’s largest CNG producer 7 years after $200 million Otedola deal

MTN Ghana rally lifts Ghanaian executive Ebenezer Asante’s stake to $4.3 million

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