Debt reduction Archives

Axian Telecom advances digital operations across Africa through cloud transformation and telecom expansion in nine markets.

Axian Telecom rises after Oracle deal, ranks among Africa’s fastest-growing firms

Axian Telecom rises to No. 63 on the 2026 Financial Times list of Africa’s fastest-growing companies under Hassanein Hiridjee, driven by steady expansion across African markets.

Omokolade Ajayi May 14, 2026

Femi Otedola, Nigerian billionaire and chairman of First HoldCo, the parent company of First Bank of Nigeria.

Billionaires Business Hot News

Nigerian billionaire Femi Otedola tightens grip on First HoldCo with $31.7 million share purchase after $233 million Q1 profit

The latest investment adds another chapter to Femi Otedola’s repositioning from oil and commodities into banking.

Omokolade Ajayi May 14, 2026

Business Luxury

Accor, Shoreline ink Nigeria hotel development agreement

Accor and Shoreline Group have signed a hotel development deal to build up to 10 hotels across Nigeria, expanding Africa’s hospitality pipeline.

Timilehin Adejumobi May 14, 2026

Business Hot News

Orascom opens 2026 with $53.4 million profit as U.S. backlog doubles to $2.9 billion

Orascom Construction posts $53.4 million Q1 profit; U.S. backlog doubles to $2.9 billion; MEA growth

Feyisayo Ajayi May 14, 2026

Business Hot News

Cementation Africa changes ownership as mining investment rises

Cementation Africa enters new ownership after its exit from Murray & Roberts, backed by Differential Capital as mining investment recovers.

Timilehin Adejumobi May 14, 2026

Tag: Debt reduction

AngloGold Ashanti reports $1.1 billion headline earnings as free cash flow soar on gold rally

Axian Telecom rises after Oracle deal, ranks among Africa’s fastest-growing firms

Nigerian billionaire Femi Otedola tightens grip on First HoldCo with $31.7 million share purchase after $233 million Q1 profit

Accor, Shoreline ink Nigeria hotel development agreement

Orascom opens 2026 with $53.4 million profit as U.S. backlog doubles to $2.9 billion

Cementation Africa changes ownership as mining investment rises

Axian Telecom rises after Oracle deal, ranks among Africa’s fastest-growing firms

Nigerian billionaire Femi Otedola tightens grip on First HoldCo with $31.7 million share purchase after $233 million Q1 profit

Accor, Shoreline ink Nigeria hotel development agreement

Axian Telecom rises after Oracle deal, ranks among Africa’s fastest-growing firms

Nigerian billionaire Femi Otedola tightens grip on First HoldCo with $31.7 million share purchase after $233 million Q1 profit

Accor, Shoreline ink Nigeria hotel development agreement

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