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Tag: City Lodge Hotels buyback

Allan Gray City Lodge Hotels stake

Business Hot News

City Lodge Hotels share buybacks raise Allan Gray’s stake above $20 million

Allan Gray’s stake in City Lodge Hotels rises above $20 million after share buybacks boost institutional holdings.

Feyisayo Ajayi October 14, 2025

Microsoft

Business Technology

Microsoft expands Africa footprint with $329 million South Africa investment

Microsoft invests $329 million in South Africa to expand cloud infrastructure, scale AI capacity, and strengthen the digital skills pipeline.

Timilehin Adejumobi April 17, 2026

Prosus Delivery Hero stake sale

Business Hot News

South Africa’s Prosus sells $319 million Delivery Hero stake to Uber

Prosus sells $318 million Delivery Hero stake to Uber, meeting EU conditions while unlocking value from its global food delivery holdings.

Feyisayo Ajayi April 17, 2026

Business Hot News

South African billionaire Tshepo Mahloele offloads Capitec shares worth over $840 million

South African billionaire Tshepo Mahloele has reduced his indirect Capitec stake, offloading shares worth about $840m, JSE filing shows disclosed

Feyisayo Ajayi April 17, 2026

Elektron, Odu'a Investment $40 million power plant

Business Hot News

Odu’a Investment, Elektron Energy to build $40 million Lagos power plant

Odu’a, Elektron launched a $40 million embedded power plant in Lagos to deliver reliable energy and cut costs for manufacturers.

Timilehin Adejumobi April 17, 2026

Sameer Africa profit 2025

Business Hot News

Merali family’s Sameer Africa posts $2.1 million profit in 2025

Merali family-owned Sameer Africa posted $2.1 million profit in 2025, driven by revenue growth, efficiency gains and stronger operations outlook.

Feyisayo Ajayi April 17, 2026

Microsoft

Business Technology

Microsoft expands Africa footprint with $329 million South Africa investment

Timilehin Adejumobi April 17, 2026

Prosus Delivery Hero stake sale

Business Hot News

South Africa’s Prosus sells $319 million Delivery Hero stake to Uber

Feyisayo Ajayi April 17, 2026

Business Hot News

South African billionaire Tshepo Mahloele offloads Capitec shares worth over $840 million

Feyisayo Ajayi April 17, 2026

Microsoft

Business Technology

Microsoft expands Africa footprint with $329 million South Africa investment

Timilehin Adejumobi April 17, 2026

Prosus Delivery Hero stake sale

Business Hot News

South Africa’s Prosus sells $319 million Delivery Hero stake to Uber

Feyisayo Ajayi April 17, 2026

Business Hot News

South African billionaire Tshepo Mahloele offloads Capitec shares worth over $840 million

Feyisayo Ajayi April 17, 2026

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About Us

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.

Our Team

Feyisayo Ajayi 1369 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 330 Articles

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Oluwatosin Alao 303 Articles

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