Tag: Featured

Private freight operator Traxtion
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Traxtion receives first locomotives at Port of Durban in $207 million rail investment

Traxtion receives its first locomotives in a $207 million rail expansion as South Africa opens freight rail to private operators.

Omokolade Ajayi Omokolade Ajayi
Fola Aiyesimoju
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UAC pullback wipes $10 million off Fola Aiyesimoju’s portfolio, dragging his stake below $100 million

UAC pullback wipes $10 million off Fola Aiyesimoju’s portfolio, dragging his stake below $100 million

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Nairobi Securities Exchange
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NSE tops KSh4 trillion for first time as investor wealth jumps $8.2 billion

Nairobi Securities Exchange surpasses KSh4 trillion as investor wealth rises $8.27 billion on strong gains in banks and Safaricom.

Omokolade Ajayi Omokolade Ajayi
Nigerian oil billionaire Muhammadu Indimi
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Nigerian oil billionaire Muhammadu Indimi joins $43.5 million court battle with daughters

Nigerian oil billionaire Muhammadu Indimi seeks to join a $43.51 million appeal over Oriental Energy dividends in a case testing shareholder rights.

Omokolade Ajayi Omokolade Ajayi
Durban-born businessman Vivian Reddy
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From borrowing $30 to building a $260 million mixed-use landmark: Meet Durban-born businessman Vivian Reddy

From borrowing $30 to building a $260 million mixed-use landmark, Vivian Reddy built one of South Africa's biggest developments.

Omokolade Ajayi Omokolade Ajayi
World Bank
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World Bank unlocks $144 million for Kenya’s SMEs in its first Africa risk-sharing program

World Bank’s IFC unlocks $144 million for Kenya SMEs, boosting lending via risk-sharing deals with banks and fintech partners.

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Telkom SA SOC Limited.
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Telkom posts stronger first-quarter earnings as mobile subscribers climb to 25.3 million

Telkom reported stronger first-quarter earnings as mobile subscribers reached 25.3 million and data revenue continued to drive growth.

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

Aliko Dangote’s sugar company swings to $30.4 million first-half profit

Dangote Sugar returned to profit in the first half as lower costs offset weaker sales, lifting earnings and strengthening its balance sheet.

Omokolade Ajayi Omokolade Ajayi
President Abdel Fattah El-Sisi, Ahmed Elsewedy, and H.E. President Samia Suluhu Hassan.
BusinessHot News

Elsewedy Electric backs Tanzania industrial push with seven factory agreements

Elsewedy Electric advances its Africa expansion with seven Tanzania factory agreements to boost manufacturing, investment and regional growth.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Capitec advances name change as Ex-CEO Gerrie Fourie resumes board

Capitec to rename holding company as Gerrie Fourie returns to board, strengthening governance and continuity after record profits.

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Worker operating at Seplat Energy's Oben OML 4
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Seplat nears $5 billion market cap in London after first-half profit jumps to $164 million

Seplat Energy nears a $5 billion market cap in London as H1 2026 net profit surges 498 percent to $164 million on strong production growth.

Omokolade Ajayi Omokolade Ajayi
Zimbabwean banker Valeta Mthimkhulu
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Meet Valeta Mthimkhulu: Zimbabwean banker who led CBZ Bank to $190 million funding

Zimbabwean banker Valeta Mthimkhulu has spent more than two decades building a banking career that has taken her from project management and corporate affairs in Harare to the top job at Zimbabwe’s largest commercial lender. Today, the veteran banker is writing another chapter in that journey after leading CBZ Bank to secure $190 million in financing from the African Export-Import…

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