Tag: Featured

Axian Telecom advances digital operations across Africa through cloud transformation and telecom expansion in nine markets.
TechnologyBusinessHot News

Axian Telecom’s Oracle deal begins rollout as Yas moves to unify operations across Africa

Axian Telecom rolls out Oracle ERP as Yas unifies operations across Africa, integrating finance, supply chain and digital systems.

Omokolade Ajayi Omokolade Ajayi
Kenya infrastructure investment fund
BusinessHot News

Spearhead Africa, led by Ngatia Kirungie, set for $27 million fund debut on Nairobi bourse

Nairobi Securities Exchange plans to list Spearhead Africa Infrastructure Fund, a $27 million vehicle unlocking capital for Kenya projects drive.

Feyisayo Ajayi Feyisayo Ajayi
DTB executives during the opening of the DTB Kilimani branch in Nairobi.
BusinessHot News

Kenya’s DTB reports strongest quarterly profit at $24.6 million in Q1 2026

DTB Group profit rises to $24.6 million in Q1 2026 as lending income grows despite higher loan-loss provisions and credit pressures.

Omokolade Ajayi Omokolade Ajayi
Oando Plc
Hot NewsBusiness

Oando nears $500 million market cap on rising oil revenue outlook

Oando nears $500 million market cap as rising oil-linked earnings and geopolitical tensions lift investor sentiment in Nigeria.

Omokolade Ajayi Omokolade Ajayi
Naivas supermarket exterior featuring storefront branding, customer entrance, and modern retail expansion in Kenya.
Hot NewsBusiness

Naivas expands retail network to 114 stores nationwide in Kenya as expansion continues

Naivas grows to 114 stores across Kenya, expanding its retail network amid rising demand for organized supermarkets and steady sales growth.

Omokolade Ajayi Omokolade Ajayi
RMH takeover AttBid approval
BusinessHot News

South African Van der Walt brothers’ AttBid secures final approvals for $34 million RMH takeover

South Africa’s AttBid has secured final approvals to acquire RMH shares, making its mandatory offer unconditional and nearing completion now

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
Hot NewsBusinessGlobal News

Africa’s richest man, Aliko Dangote, targets $250 billion valuation on $45 billion expansion plan

Aliko Dangote outlines $45 billion expansion plan aimed at scaling his industrial empire toward $250 billion valuation by 2030.

Omokolade Ajayi Omokolade Ajayi
IBL Group headquarters at Caudan Waterfront in Port Louis, Mauritius, home to the Mauritian conglomerate.
BusinessGlobal NewsHot News

IBL Group, Mauritius’ largest conglomerate, posts $2 billion nine-month revenue

IBL Group posts revenue above $2 billion for nine months to March 2026, with growth across operations and assets reaching $3.04 billion.

Omokolade Ajayi Omokolade Ajayi
Elsewedy Electric dividend payout
BusinessBillionairesHot News

El-Sewedy family set for $58 million dividend from Elsewedy Electric

Egyptian El-Sewedy family set for $58.3 million payout as Elsewedy Electric boosts dividend after $361 million profit in 2025.

Feyisayo Ajayi Feyisayo Ajayi
Gary Nagle, CEO of Glencore, leading the global mining and commodity trading company.
Hot NewsBillionairesBusiness

South African executive Gary Nagle takes $7.4 million pay from Glencore in 2025

Gary Nagle received $7.47 million pay from Glencore in 2025 as profits rose and copper expansion boosted earnings.

Omokolade Ajayi Omokolade Ajayi
Orascom desalination joint venture
BusinessHot News

Orascom Construction-led JV targets 300,000 m³/day desalination projects across Gulf, Africa

Orascom Construction-led JV targets large desalination projects across Gulf and Africa, advancing 300,000 m³/day flagship plant.

Feyisayo Ajayi Feyisayo Ajayi
Fawry acquisitions Egypt
BusinessHot News

Egypt’s Fawry targets fintech acquisitions worth $2.4 million

Fawry is in talks to acquire $2.4 million tech firms to expand its fintech ecosystem and strengthen Egypt payments infrastructure deal push grows

Feyisayo Ajayi Feyisayo Ajayi