Tag: Featured

Hot NewsBusiness

BUA Group drives Africa’s food independence through strategic Abu Dhabi deals

BUA Group teams with AD Ports and MAIR to expand sugar refining, regional food production, and global logistics.

Omokolade Ajayi Omokolade Ajayi
Africa’s oldest billionaires
ExclusiveHot News

Africa’s 10 oldest billionaires

Africa’s 10 oldest billionaires, 75 and above, built $50 billion empires spanning retail, banking, mining and luxury goods.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTechnology

Africa’s first defense tech prime Terra Industries closes $34 million funding round

Terra Industries raises $34 million to expand Africa’s first homegrown defense tech and secure $11 billion in critical infrastructure.

Omokolade Ajayi Omokolade Ajayi
IFC backs Kenya’s electric mobility expansion
TechnologyHot News

IFC invests $5 million in Arc Ride to scale Kenya’s electric motorcycle market

IFC plans $5 million investment in Arc Ride, accelerating Kenya’s electric motorcycle and battery-swap expansion.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu
TourismHot News

Nigerian billionaire Abdul Samad Rabiu shares boat cruise weeks after Masai Mara safari

Abdul Samad Rabiu shares a boat cruise after Masai Mara safari; BUA Foods posts record profits, and cement expansion underway.

Omokolade Ajayi Omokolade Ajayi
Stefanutti Stocks order book
BusinessHot News

Stefanutti stocks shows recovery with over $960 million order book

Stefanutti Stocks’ R15.3 billion ($960.52 million) order book and debt cut signal recovery, positioning the group for steady infrastructure growth.

Feyisayo Ajayi Feyisayo Ajayi
Africa avocado exporters 2026
BusinessHot News

10 biggest exporters of Avocado in Africa

Africa’s avocado exports surge as Morocco overtakes Kenya, reshaping global supply chains and rural economies across the continent.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsExclusive

Africa’s growth draws US, China as global powers vie for influence

Africa’s rapid growth draws the United States, China, and Russia as global powers compete for trade and influence.

Omokolade Ajayi Omokolade Ajayi
Africa largest landing gear plants
TechnologyHot News

10 largest landing gear plants in Africa

Africa’s largest landing gear plants signal rising aerospace ambition, led by Morocco, South Africa and emerging hubs.

Feyisayo Ajayi Feyisayo Ajayi
Natie Kirsh, Eswatini and South African billionaire and majority owner of Jetro Holdings.
BusinessHot News

Africa’s oldest billionaire hits $10.4 billion after $1.55 billion bid fails

Natie Kirsh adds $734 million in 2026, pushing Africa’s oldest billionaire to $10.4 billion despite $1.55 billion bid fallout.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigerian billionaire Tony Elumelu backs President Tinubu on youth, power reforms

Tony Elumelu meets President Tinubu, supporting youth entrepreneurship, power sector reforms, and economic growth in Nigeria.

Omokolade Ajayi Omokolade Ajayi
Africa power infrastructure
BusinessHot News

10 African countries with recent power projects to fix grid challenges

Africa tackles grid instability with over $15 billion in power projects, boosting renewables, hydro, gas, and transmission for industrial growth.

Feyisayo Ajayi Feyisayo Ajayi