Moroccan tycoon Adil Douiri’s Mutandis posts $177 million in revenue in 9M 2026

Adil Douiri’s Mutandis reports $177 million in nine-month revenue, up 16%, as third-quarter sales growth accelerates to 29%.

Feyisayo Ajayi November 7, 2026

Markets Business Hot News

Kenya’s Quickmart scores $141 million in massive oversubscription for IPO

Quickmart raises KSh15 billion ($115.4 million) in an oversubscribed IPO as investors snap up shares ahead of its Nairobi Securities Exchange debut.

Omokolade Ajayi November 7, 2026

Hot News Business

Kenyan tycoon Baloobhai Patel’s Carbacid expands solar push to defend margins after $8.7 million profit

Kenyan tycoon Baloobhai Patel's Carbacid ramps up solar capacity to guard margins after annual profit hit $8.7 million.

Omokolade Ajayi November 7, 2026

Business Hot News Technology

Safaricom trims Ethiopia stake to 54% as mobile data boom slashes losses

Safaricom trimmed its Ethiopian stake to 54.09 percent after a $192.4 million capital call, even as rising data demand sharply narrowed operating losses.

Omokolade Ajayi November 7, 2026

Business Hot News Luxury

Martine Rose becomes Balenciaga’s first female creative director in 109-year history

Martine Rose becomes Balenciaga’s first female creative director in its 109-year history, taking over the French luxury fashion house on November 16, 2026.

Omokolade Ajayi November 7, 2026

Tag: Carbacid

Kenyan tycoon Baloobhai Patel’s Carbacid expands solar push to defend margins after $8.7 million profit

Moroccan tycoon Adil Douiri’s Mutandis posts $177 million in revenue in 9M 2026

Kenya’s Quickmart scores $141 million in massive oversubscription for IPO

Kenyan tycoon Baloobhai Patel’s Carbacid expands solar push to defend margins after $8.7 million profit

Safaricom trims Ethiopia stake to 54% as mobile data boom slashes losses

Martine Rose becomes Balenciaga’s first female creative director in 109-year history

Moroccan tycoon Adil Douiri’s Mutandis posts $177 million in revenue in 9M 2026

Kenya’s Quickmart scores $141 million in massive oversubscription for IPO

Kenyan tycoon Baloobhai Patel’s Carbacid expands solar push to defend margins after $8.7 million profit

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