Tag: Featured

Ninety One CEO Hendrik du Toit
BusinessInvestments

Ninety One plans to back infrastructure projects to revive Johannesburg 

Ninety One aims to mobilize private capital to help repair Johannesburg’s infrastructure and restore investor confidence.

Timilehin Adejumobi Timilehin Adejumobi
Orion Minerals
BusinessHot NewsInvestmentsMining

Orion Minerals’ longtime investor Tembo Capital exits after nearly 10 years

Orion Minerals’ longtime investor Tembo Capital has exited after nearly a decade, as new shareholders back its Prieska copper-zinc mine development.

Feyisayo Ajayi Feyisayo Ajayi
Ghanaian tycoon Ibrahim Mahama
BusinessHot NewsInvestments

Ghanaian tycoon Ibrahim Mahama mounts $100 million heavy industry expansion

Ibrahim Mahama scales his $100 million Dzata Cement plant and seals a major gold mine deal to challenge foreign dominance in Ghana's heavy industry.

Omokolade Ajayi Omokolade Ajayi
Pretoria-born Elon Musk
BusinessHot News

Elon Musk’s fortune drops below $1 trillion after $37 billion loss

Elon Musk’s fortune fell to $987 billion after a $37.1 billion loss, as declines in SpaceX and Tesla shares ended his latest run above $1 trillion.

Omokolade Ajayi Omokolade Ajayi
Nigeria’s largest carrier Air Peace Limited
BusinessHot News

Nigeria’s Air Peace adds new Embraer jet to drive regional, global expansion

Air Peace receives a new Embraer 190, boosting capacity across West Africa while ramping up international routes to London, Houston, and the UAE.

Omokolade Ajayi Omokolade Ajayi
Woolworths South Africa
BusinessCompaniesHot NewsLatest

Woolworths wins court approval to sell liquor at Dainfern Square store in South Africa

Woolworths wins interim court approval to sell liquor at its Dainfern Square store in Johannesburg while challenging a licence lapse ruling.

Feyisayo Ajayi Feyisayo Ajayi
British-Nigerian entrepreneur Ladi Delano
TechnologyBusinessHot News

Moove exits Nigeria months after hitting $2.1B valuation, hands drivers $26M fleet

Moove is exiting Nigeria after reaching a $2.1 billion valuation, transferring a $26.3 million vehicle fleet to eligible drivers as it pivots to autonomous mobility.

Omokolade Ajayi Omokolade Ajayi
Malagasy tycoon Hassanein Hiridjee
BusinessEnergyHot News

Hassanein Hiridjee’s Axian to build 200MW solar plant to ease Zambian outages

Hassanein Hiridjee’s Axian Group has finalized a deal to build the 200MW Kudu solar plant in Zambia, expanding its clean-energy drive across Africa.

Omokolade Ajayi Omokolade Ajayi
Sudhir Ruparelia
BankingBusinessHot News

Ugandan tycoon Sudhir Ruparelia’s former Crane Bank building set for I&M Bank branch

Ugandan tycoon Sudhir Ruparelia’s former Crane Bank property in Ntinda is set to reopen as an I&M Bank Uganda branch.

Feyisayo Ajayi Feyisayo Ajayi
Jude Chiemeka, NGX Limited CEO & President ASEA.
BusinessExecutivesMarkets

NGX CEO Jude Chiemeka takes helm of African Securities Exchanges

Jude Chiemeka takes over as ASEA president, putting Nigeria at the center of Africa's push for deeper capital markets.

Timilehin Adejumobi Timilehin Adejumobi
OCI Global
BusinessCompaniesHot NewsLatest

OCI wins court battle as Amsterdam court rejects shareholder inquiry

OCI wins legal battle as Amsterdam court rejects shareholder inquiry into Nassef Sawiris-backed OCI and its governance, filed by Dutch investors.

Feyisayo Ajayi Feyisayo Ajayi
PETROBRAS
BusinessGlobal News

Petrobras taps TechnipFMC for major Brazil offshore contract

Petrobras awards TechnipFMC a major Brazil offshore contract worth up to $250 million for flexible flowlines supporting pre-salt oil projects.

Oluwatosin Alao Oluwatosin Alao