Tag: Featured

Benson Ndeta bank fraud
BusinessHot News

Kenyan cement tycoon Benson Ndeta faces arrest over $34.8 million Absa Bank fraud

Kenyan cement executive Benson Ndeta faces arrest after court warrant over alleged $34.8 million Absa Bank Kenya fraud scheme.

Feyisayo Ajayi Feyisayo Ajayi
Nairobi CBD property sale
BusinessHot News

Jubilee Holdings to sell Nairobi CBD office for $15.5 million

Jubilee Holdings to sell Nairobi CBD office for $15.5 million, moving operations to modern Upper Hill headquarters.

Feyisayo Ajayi Feyisayo Ajayi
Proparco Rawbank SME financing
BusinessHot News

Proparco grants Rawbank $50 million loan to expand SME financing in DR Congo

Proparco grants Rawbank $50 million loan under IFC-led $265 million package to expand SME lending, boost private sector growth and support jobs in DR Congo.

Feyisayo Ajayi Feyisayo Ajayi
Youngest African billionaires
ExclusiveHot News

10 youngest African billionaires

Africa’s 10 youngest billionaires built empires in telecom, cement, energy and real estate, shaping industries and expanding influence across global markets.

Feyisayo Ajayi Feyisayo Ajayi
TourismLuxury

Iran strikes shake Dubai’s safe-haven status as wealthy residents weigh exit

Iran-linked strikes test Dubai’s safety as wealthy residents consider leaving and luxury real estate faces potential demand shifts.

Omokolade Ajayi Omokolade Ajayi
South African billionaire Patrice Motsepe.
Hot NewsBusiness

South African billionaire Patrice Motsepe’s net worth drops below $4 billion

South African billionaire Patrice Motsepe’s net worth falls below $4 billion after a $400 million slide tied to declines in key mining stocks.

Omokolade Ajayi Omokolade Ajayi
African tech unicorns
TechnologyHot News

10 most valuable African tech unicorns

Africa’s tech ecosystem has produced billion-dollar startups solving payments, talent, and logistics gaps while attracting global investors.

Feyisayo Ajayi Feyisayo Ajayi
Raya Holding profit 2025
BusinessHot News

Egypt’s Raya Holdings sees profit slip to $6.5 million in 2025

Raya Holding profit slips to $6.5 million in 2025 despite revenue growth, as Egypt’s outsourcing giant expands global BPO operations.

Feyisayo Ajayi Feyisayo Ajayi
Remgro sells FirstRand stake
BusinessHot News

Johann Rupert’s Reinet secures $3.9 billion payday from PIC sale

Johann Rupert’s Reinet to earn $3.9 billion from PIC stake sale, boosting liquidity and global investment influence.

Feyisayo Ajayi Feyisayo Ajayi
Isyaku Abdulsamad “Khalifa” Rabiu.
ExclusiveBusiness

Abdul Samad Rabiu’s son, Khalifa, joins Nigeria’s wealthy with $271 million BUA Foods stake

With a significant $271 million stake in food giant BUA Foods Plc, Khalifa Rabiu steps into Nigeria’s wealthy ranks.

Omokolade Ajayi Omokolade Ajayi
Gold nuggets.
BusinessHot News

U.S., China push Ghana to halt gold royalty hike amid miner backlash

U.S. and China urge Ghana to reconsider gold royalty hike as miners warn higher rates could hurt Africa’s top gold producers.

Omokolade Ajayi Omokolade Ajayi
Hot NewsLuxuryTourism

10 best private islands in Africa

Africa’s private islands offer ultra-luxury escapes, pristine beaches, and conservation-led hospitality across Seychelles, Tanzania and Mozambique.

Feyisayo Ajayi Feyisayo Ajayi