Tag: Featured

Eni
BusinessHot News

Eni gets IFC support for $400 million Africa biofuel project 

IFC weighs up to $250 million financing for Eni’s $400 million Africa biofuel project, expanding agribusiness, supply chains, and rural economies.

Feyisayo Ajayi Feyisayo Ajayi
Ongwe Minerals
Hot NewsBusiness

Ongwe Minerals expands 6km gold discovery in Namibia, sets 5,000 m drilling campaign

Ongwe Minerals expands a 6km gold anomaly at Namibia’s Nguni prospect, advancing toward a 5,000-meter drilling campaign.

Feyisayo Ajayi Feyisayo Ajayi
Tina Rookledge
BusinessHot News

South African executive Tina Rookledge takes over as Pick n Pay’s finance chief

Pick n Pay appoints Tina Rookledge CFO after Lerena Olivier retires, advancing leadership succession and retailer turnaround strategy.

Feyisayo Ajayi Feyisayo Ajayi
Mbali Motanyane
BusinessHot News

South African executive Mbali Motanyane joins Exxaro following Dawood Cassim’s retirement

Exxaro appoints finance executive Mbali Motanyane as debt officer, succeeding retiring veteran Dawood Cassim after three decades.

Feyisayo Ajayi Feyisayo Ajayi
Close-up of South African Airways aircraft.
BusinessHot News

SAA, Emirates deepen alliance with expanded Africa route network

SAA and Emirates expand their codeshare, giving travelers single-ticket access to 9 key African routes via Johannesburg.

Omokolade Ajayi Omokolade Ajayi
African electric mobility company Spiro.
TechnologyBusinessHot News

Spiro opens seventh Rwanda battery swap hub after securing $270 million funding

Spiro expands its Rwandan battery-swapping network with a seventh mega station, leveraging $270 million in funding to power African electric transit.

Omokolade Ajayi Omokolade Ajayi
Cameroonian businessman Elvis Mouafo
Hot NewsBusiness

Cameroonian businessman Elvis Mouafo launches Elvi Energy to enter petroleum sector

Elvis Mouafo launches Elvi Energy to enter Cameroon’s regulated petroleum market, pending approvals and strategy clarity.

Feyisayo Ajayi Feyisayo Ajayi
Kenyan banker John Gachora
Hot NewsBusiness

Kenyan banker John Gachora leads NCBA Group to $95.8 million half-year profit

NCBA Group led by John Gachora reports a $95.8 million half-year profit as digital loans soar, lifting interim dividend payouts by 50 percent.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BillionairesBusinessHot News

Aliko Dangote to use $5 billion IPO to expand Lagos refinery, build Kenya plant

Aliko Dangote targets $5 billion from the Dangote Refinery IPO to expand capacity in Lagos and build a new $17 billion refinery in Kenya.

Omokolade Ajayi Omokolade Ajayi
Zimbabwe tycoon Simon Rudland
BusinessHot News

Zimbabwe tycoon Simon Rudland opens $25 million citrus plant, creating 1,500 jobs

Simon Rudland opens $25 million citrus plant, creating 1,500 jobs.

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

Ladi Delano’s Moove hits $2.1 billion valuation after $250 million funding

Ladi Delano's Moove hits a $2.1 billion valuation after securing $250 million to power driverless vehicle infrastructure across global markets.

Omokolade Ajayi Omokolade Ajayi
Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria.
Hot NewsBusiness

Johannesburg Stock Exchange eyes Dangote refinery secondary listing after planned $5 billion IPO

Johannesburg Stock Exchange eyes Dangote refinery secondary listing after planned $5 billion Lagos IPO, expanding African investor access.

Feyisayo Ajayi Feyisayo Ajayi