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Tag: East Africa financial services

Prudential ICEA Lion stake sale

Business Hot News

Prudential sells 24.1% ICEA portfolio acquired from Ndegwa family in 2021

Prudential will exit ICEA Lion, selling its 24.1% stake acquired in a $18.6 million Ndegwa family deal, pending approvals.

Feyisayo Ajayi March 2, 2026

Top Uganda banks shaping investor confidence

Business Hot News

5 most valuable banks on the Uganda Securities Exchange

Uganda’s top five banks dominate the USE, led by Equity Bank, driving growth amid rising digital adoption and investor confidence.

Feyisayo Ajayi January 14, 2026

Andrada Mining $11m raise

Business Hot News

Andrada Mining raises $11 million to accelerate critical minerals expansion in Namibia

Andrada Mining secured $11 million in private placement to expand tin and critical minerals production in Namibia, strengthening its balance sheet.

Feyisayo Ajayi April 20, 2026

Algeria-oil-and-gas

Business Hot News

Algeria kicks off oil, gas licensing round to expand Africa supply

Algeria opens 2026 licensing round with seven blocks, targeting higher output, fresh capital and stronger energy ties with Europe.

Timilehin Adejumobi April 20, 2026

Mamelodi Sundowns CAF

Hot News Sports

Patrice Motsepe’s Mamelodi Sundowns reach CAF Champions League final after defeating Esperance

Mamelodi Sundowns, owned by Patrice Motsepe, reach CAF Champions League final after 1–0 win over Espérance, sealing 2–0 aggregate victory today

Feyisayo Ajayi April 20, 2026

OCI Global 2025 revenue

Business Hot News

Egyptian billionaire Nassef Sawiris’ OCI posts $1.6 billion revenue in 2025

OCI posts $1.61 billion 2025 revenue, up 24% year over year, driven by strong nitrogen demand and ongoing portfolio restructuring.

Feyisayo Ajayi April 20, 2026

FDH Bank dividend 2025

Business Hot News

Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

FDH Bank declares $6.7 million dividend for 2025 despite lower payout, backed by strong profit growth and rising income streams.

Feyisayo Ajayi April 20, 2026

Andrada Mining $11m raise

Business Hot News

Andrada Mining raises $11 million to accelerate critical minerals expansion in Namibia

Feyisayo Ajayi April 20, 2026

Algeria-oil-and-gas

Business Hot News

Algeria kicks off oil, gas licensing round to expand Africa supply

Timilehin Adejumobi April 20, 2026

Mamelodi Sundowns CAF

Hot News Sports

Patrice Motsepe’s Mamelodi Sundowns reach CAF Champions League final after defeating Esperance

Feyisayo Ajayi April 20, 2026

Andrada Mining $11m raise

Business Hot News

Andrada Mining raises $11 million to accelerate critical minerals expansion in Namibia

Feyisayo Ajayi April 20, 2026

Algeria-oil-and-gas

Business Hot News

Algeria kicks off oil, gas licensing round to expand Africa supply

Timilehin Adejumobi April 20, 2026

Mamelodi Sundowns CAF

Hot News Sports

Patrice Motsepe’s Mamelodi Sundowns reach CAF Champions League final after defeating Esperance

Feyisayo Ajayi April 20, 2026

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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.

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Feyisayo Ajayi 1385 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 338 Articles

Timilehin Adejumobi 838 Articles

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