Tag: Featured

Niger signs $1.9 billion deal with Canadian group to build 100,000 bpd oil refinery
BusinessHot News

Niger signs $1.9 billion deal with Canadian group to build 100,000 bpd oil refinery

Niger signs a $1.9 billion deal with Zimar Inc. for a 100,000-bpd refinery to boost domestic fuel supply and cut imports.

Feyisayo Ajayi Feyisayo Ajayi
Gauteng-born CEO Mpumi Madisa.
BusinessHot News

South African CEO Mpumi Madisa reveals leadership playbook at $5.1 billion Bidvest

Bidvest CEO Mpumi Madisa shares key leadership insights on steering the $5.1 billion global conglomerate and driving major corporate growth.

Omokolade Ajayi Omokolade Ajayi
Mohammed El-Sewedy
BusinessHot News

Mohammed El-Sewedy’s stake in Egyptian electric giant nears $900 million

Mohamed El-Sewedy’s Elsewedy Electric stake has gained $283 million in 2026, reaching $883 million as the stock nears a $5 billion valuation.

Feyisayo Ajayi Feyisayo Ajayi
Gold Fields’ mining operation in South Africa.
BusinessHot News

Gold Fields overtakes Naspers as Africa’s most valuable company as market cap hits $43.3 billion

Gold Fields overtakes Naspers as Africa’s most valuable company after its market value rises to $43.3 billion on the JSE.

Omokolade Ajayi Omokolade Ajayi
Kenyan investment manager Christine Mwangi
BusinessHot News

Kenyan manager Christine Mwangi steers AgDevCo Ventures to $49 million first close

Christine Mwangi leads AgDevCo Ventures to a $49 million first close to fund early-stage agribusinesses across East Africa.

Omokolade Ajayi Omokolade Ajayi
South Africa's richest man Johann Rupert
BillionairesBusinessHot News

South Africa’s richest man Johann Rupert loses $1.3 billion as Richemont shares slide

South Africa’s richest man Johann Rupert has lost $1.3 billion in 11 days as Richemont shares fell 7.87 percent, reducing his fortune to $20.2 billion.

Omokolade Ajayi Omokolade Ajayi
South African billionaire Tshepo Mahloele
BillionairesBusinessHot News

South African billionaire Tshepo Mahloele faces regulatory hurdle in multibillion-rand FlySafair deal

Tshepo Mahloele’s FlySafair acquisition faces a Competition Tribunal challenge from rival CemAir over competition concerns.

Omokolade Ajayi Omokolade Ajayi
Cell C market value rebounds
Hot NewsBusiness

Cell C reports $260 million annual profit after JSE listing

Cell C’s annual profit jumped 87.65% to R4.16 billion after its JSE listing, supported by stronger revenue, subscribers and wholesale growth.

Feyisayo Ajayi Feyisayo Ajayi
Harrods
BusinessHot News

Why Harrods seeks to recover more than $80 million from Egypt’s Al Fayed estate

Harrods seeks to recover more than $80 million from Mohamed Al Fayed’s estate as hundreds pursue compensation over abuse allegations.

Feyisayo Ajayi Feyisayo Ajayi
Vanessa Olver
Hot NewsBusiness

South African executive Vanessa Olver to join Sun International as finance chief

South African executive Vanessa Olver will become Sun International’s CFO in 2027 after announcing plans to leave Investec’s board.

Feyisayo Ajayi Feyisayo Ajayi
Tanzanian billionaire Mohammed Dewji pledges $250 million in Mozambique to expand MeTL Group’s footprint and create 20,000 local jobs.
BillionairesBusinessHot News

East Africa’s richest man Mohammed Dewji to invest $250 million in Mozambique, create 20,000 jobs

Tanzanian billionaire Mohammed Dewji pledges $250 million in Mozambique to expand MeTL Group’s footprint and create 20,000 local jobs.

Omokolade Ajayi Omokolade Ajayi
Engr. Mohammed Sani Jaoji
BusinessHot News

Geregu Power pays $4.45 million to clear bond default as acting CEO Mohammed Sani Jaoji steps in

Geregu Power pays $4.45 million to clear its bond default as acting CEO Mohammed Sani Jaoji steps in to stabilize operations and finances.

Omokolade Ajayi Omokolade Ajayi