Ethiopia hospitality investment Archives

Business Hot News

UAC of Nigeria posts $10 million Q1 profit as CHI boosts revenue under Fola Aiyesimoju

UAC of Nigeria posts $10m profit, revenue triples as C.H.I. acquisition drives strong Q1 2026 consumer goods growth.

Feyisayo Ajayi April 30, 2026

Billionaires Business Hot News

South African billionaire Koos Bekker hit by $500 million loss in share slide

The drop follows a steady slide in the shares of Naspers and its Amsterdam-listed unit Prosus, two companies central to his fortune.

Omokolade Ajayi April 30, 2026

Zimbabwe’s digital shift pushes mobile data to half of telecom revenue

Business Technology

Mobile data becomes Zimbabwe telecoms’ biggest business as digital use surges

Zimbabwe’s telecom industry is being reshaped by one clear change: mobile data has become the biggest source of revenue for network operators, reflecting how people now use their phones more for internet access than for traditional calls and text messages. That change is unfolding as smartphone adoption rises, digital payments become more common, and more consumers rely on streaming platforms,…

Oluwatosin Alao April 30, 2026

Business Exclusive

9 NSE-listed companies with market cap above $1 billion

Nine NSE-listed companies now exceed $1 billion in value, led by Safaricom, highlighting Kenya’s growing capital market depth.

Timilehin Adejumobi April 30, 2026

Business Hot News

GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

GTCO reports first-quarter profit of $158.6 million as valuation losses and higher taxes weigh on earnings despite revenue growth.

Omokolade Ajayi April 30, 2026

Tag: Ethiopia hospitality investment

IFC backs Midroc Ethiopia’s $116 million Sheraton Addis hotel projects

UAC of Nigeria posts $10 million Q1 profit as CHI boosts revenue under Fola Aiyesimoju

South African billionaire Koos Bekker hit by $500 million loss in share slide

Mobile data becomes Zimbabwe telecoms’ biggest business as digital use surges

9 NSE-listed companies with market cap above $1 billion

GTCO’s Q1 profit slips to $158 million as valuation losses, higher taxes weigh on earnings

UAC of Nigeria posts $10 million Q1 profit as CHI boosts revenue under Fola Aiyesimoju

South African billionaire Koos Bekker hit by $500 million loss in share slide

Mobile data becomes Zimbabwe telecoms’ biggest business as digital use surges

UAC of Nigeria posts $10 million Q1 profit as CHI boosts revenue under Fola Aiyesimoju

South African billionaire Koos Bekker hit by $500 million loss in share slide

Mobile data becomes Zimbabwe telecoms’ biggest business as digital use surges

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