Tag: Featured

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
South Africa's platinum giant, Valterra Platinum
BusinessCompaniesHot NewsMining

South Africa’s platinum giant, Valterra, moves to seize Western supply shift

Valterra Platinum moves to supply Western buyers hunting critical minerals, aiming to turn shifting global supply chains into market gains.

Omokolade Ajayi Omokolade Ajayi
Tanzanian entrepreneur Elia Timotheo
BusinessEntrepreneursHot News

Tanzanian entrepreneur Elia Timotheo leads EA Foods to $40 million raise

EA Foods raises $40 million to expand its food distribution network from Tanzania into Kenya, boosting market access for smallholders.

Omokolade Ajayi Omokolade Ajayi
IFAD- Equity
BusinessHot NewsInvestmentsLatest

IFAD, Equity Group’s 12-year blended finance to generate $266 million for farmers, MSMEs 

IFAD and Equity Group's 12-year blended finance mechanism expected to generate $266 million in loans for East African farmers and MSMEs.

Feyisayo Ajayi Feyisayo Ajayi
in2food, Woolworths
BusinessHot NewsLatestMarkets

Woolworths acquires South African food producer in2food to strengthen premium food business

Woolworths will acquire South African food producer in2food after regulatory approval, strengthening its premium food business and supply chain.

Feyisayo Ajayi Feyisayo Ajayi
Prosus N.V
TechnologyDigitalHot NewsLatest

Prosus says Just Eat Takeaway returns to growth as iFood holds 80% of Brazil’s market

Prosus says Just Eat Takeaway returned to growth in September, while iFood retained 80% of Brazil’s food delivery market.

Feyisayo Ajayi Feyisayo Ajayi