Tag: Featured

Kabwe
Hot NewsBusiness

Shuka Minerals hits 65.7% zinc grade at Zambia’s Kabwe mine after takeover

Shuka Minerals hits 65.7% zinc at Zambia’s Kabwe mine, boosting resource expansion outlook and strengthening project economics.

Feyisayo Ajayi Feyisayo Ajayi
Eskom transmission lines carrying electricity across South Africa’s power grid.
Hot NewsBusiness

South Africa’s Eskom explores World Bank backing for multibillion-dollar nuclear build

Eskom explores World Bank support for a multibillion-dollar nuclear project aiming to add up to 5,200 megawatts to South Africa’s power grid.

Omokolade Ajayi Omokolade Ajayi
Shameel Joosub, Group CEO of Vodacom
ExecutivesTechnology

Vodacom CEO Shameel Joosub pockets $2.4 million salary in 2025 

Vodacom CEO Shameel Joosub pockets $2.4 million in 2025, up 15%, as profits and Africa expansion drive growth.

Timilehin Adejumobi Timilehin Adejumobi
Nigerian billionaire Femi Otedola
Hot NewsBillionairesBusiness

Nigerian billionaire Femi Otedola to pour part of $750 million warchest into Dangote Refinery

Femi Otedola plans a $100 million stake in Dangote Refinery, reallocating capital from his $750 million Geregu Power exit into Nigeria’s energy sector shift.

Omokolade Ajayi Omokolade Ajayi
MTN Nigeria CEO pay 2025
Hot NewsExecutives

CEO of MTN Nigeria Karl Toriola takes $3.5 million pay in 2025

MTN Nigeria CEO Karl Toriola’s pay jumps 61% to $3.5 million in 2025, driven by strong profit rebound and revenue growth.

Feyisayo Ajayi Feyisayo Ajayi
Mantengu
BusinessHot News

Mantengu plans $120 million Averi asset acquisition in African energy push

Mantengu plans $120 million Averi acquisition to expand into African energy, digital infrastructure and diversify beyond mining.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, Africa’s richest man and founder of the Dangote Group
Hot NewsBusiness

Africa’s richest man Aliko Dangote advances $45 billion expansion with 10,000-hectare Nigerian port

Aliko Dangote’s conglomerate begins work on a 10,000-hectare Ogun deep-sea port to expand exports, logistics and industrial capacity in Nigeria.

Omokolade Ajayi Omokolade Ajayi
LuxuryHot News

Inside five-star Sankara Nairobi linked to Kenyan tycoon Baloobhai Patel

Sankara Nairobi leverages Westlands location, Marriott backing, and private ownership to sustain demand amid rising luxury hotel competition.

Feyisayo Ajayi Feyisayo Ajayi
Tony Elumelu with Awele Vivien Elumelu.
Hot NewsBillionairesBusinessExclusive

Tony and Awele Elumelu named on TIME100 Philanthropy list as TEF lifts 2.1 million Africans out of poverty

TIME100 honors Tony and Awele Elumelu as TEF impact reaches 2.1 million Africans lifted from poverty through entrepreneurship programs.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu’s net worth jumps $606 million in one day, nears $20 billion

Abdul Samad Rabiu’s net worth jumps $606 million in a day to $19.7 billion, driven by strong gains in BUA Cement shares.

Omokolade Ajayi Omokolade Ajayi
NMB Bank $100 million IFC SME loan
BusinessHot News

Tanzania’s NMB Bank secures $100 million SME loan from World Bank arm 

NMB Bank secures $100 million IFC loan to expand SME lending, targeting women-owned businesses in Tanzania’s growing banking market.

Feyisayo Ajayi Feyisayo Ajayi
Balwin Properties
BusinessHot News

South Africa’s Balwin to delist as PIC-backed consortium offers $67 million buyout 

Balwin set to go private in R1.12 billion ($67 million) deal, offering shareholders a premium exit amid liquidity challenges and valuation pressures.

Feyisayo Ajayi Feyisayo Ajayi