Chakib Alj Forafric acquisition Morocco Archives

Nigerian billionaire Femi Otedola, Samuel Babatunde Sule’s First HoldCo stake nears $700 million

Femi Otedola and Tunde Hassan-Odukale’s First HoldCo stake nears $700 million as banking stock rally lifts investor wealth on NGX.

Feyisayo Ajayi March 26, 2026

Mozambique seeks IMF support as debt rises

Business Hot News

IMF mission set for Mozambique as debt concerns intensify

Mozambique is preparing to host a new mission from the International Monetary Fund, a move that highlights growing pressure on the government to steady its finances and reassure investors. The visit, expected in the coming months, comes as officials in Maputo look for ways to ease rising debt concerns and secure fresh support. The talks arrive at a delicate time.…

Oluwatosin Alao March 26, 2026

I&M Group headquarters at 1 Park Avenue, Nairobi, Kenya.

Business Hot News

Kenya’s I&M Group posts $145 million profit in 2025; total assets hit $5.3 billion

Nairobi-based lender I&M Group posts a $145 million profit in 2025 as total assets reach $5.3 billion.

Omokolade Ajayi March 26, 2026

Business Hot News

Moroccan industrialist Chakib Alj’s $179 million Forafric deal to reshape North Africa’s agro‑industrial sector

Chakib Alj targets a $179 million Forafric stake, aiming to reshape Morocco’s milling sector and strengthen food security.

Feyisayo Ajayi March 26, 2026

Sunil Bharti Mittal, Founder and chair of Bharti Enterprises and Bharti Airtel

Hot News Technology

Indian billionaire Sunil Bharti Mittal to step down in Airtel Africa leadership transition

Sunil Bharti Mittal will retire as Airtel Africa chair in July 2026, with Gopal Vittal set to succeed him amid continued growth focus.

Timilehin Adejumobi March 26, 2026

Tag: Chakib Alj Forafric acquisition Morocco

Moroccan industrialist Chakib Alj’s $179 million Forafric deal to reshape North Africa’s agro‑industrial sector

Nigerian billionaire Femi Otedola, Samuel Babatunde Sule’s First HoldCo stake nears $700 million

IMF mission set for Mozambique as debt concerns intensify

Kenya’s I&M Group posts $145 million profit in 2025; total assets hit $5.3 billion

Moroccan industrialist Chakib Alj’s $179 million Forafric deal to reshape North Africa’s agro‑industrial sector

Indian billionaire Sunil Bharti Mittal to step down in Airtel Africa leadership transition

Nigerian billionaire Femi Otedola, Samuel Babatunde Sule’s First HoldCo stake nears $700 million

IMF mission set for Mozambique as debt concerns intensify

Kenya’s I&M Group posts $145 million profit in 2025; total assets hit $5.3 billion

Nigerian billionaire Femi Otedola, Samuel Babatunde Sule’s First HoldCo stake nears $700 million

IMF mission set for Mozambique as debt concerns intensify

Kenya’s I&M Group posts $145 million profit in 2025; total assets hit $5.3 billion

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