Tag: Featured

BusinessHot News

Hyprop sells half of Woodlands Boulevard for $49.6 million, keeps stake for future growth

Hyprop sells half of Woodlands Boulevard for $49.6 million while keeping a 50% stake to support future growth.

Omokolade Ajayi Omokolade Ajayi
Isyaku Abdulsamad “Khalifa” Rabiu.
BusinessHot News

Abdul Samad Rabiu’s son, Khalifa, takes leadership role at BUA Foods

Khalifa Rabiu joins BUA Foods as Chief Officer, driving global procurement, supply chain efficiency, and growth for Nigeria’s $10.6 billion company.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Harith strikes FlySafair deal two years after SAA talks collapsed

Harith General Partners acquires South Africa's FlySafair, returning to aviation after SAA talks collapsed.

Omokolade Ajayi Omokolade Ajayi
Kenyatta family assets
BusinessHot News

Nedbank–NCBA deal puts Kenyatta’s multimillion-dollar stake on the line

Nedbank’s $856 million NCBA buyout threatens Mama Ngina Kenyatta’s $151 million stake amid East Africa banking shakeup.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Aliko Dangote gains $726 million in 24 hours; net worth nears $32 billion

Aliko Dangote’s net worth jumps $726 million in 24 hours, edging closer to $32 billion on rising Dangote Cement shares.

Omokolade Ajayi Omokolade Ajayi
Commercial International Bank (CIB)
BusinessHot News

CIB plans $300 million digital bank to serve Egypt’s retail, MSMEs by 2027

CIB invests $300 million to launch a digital bank, targeting Egypt’s retail and MSME sectors by 2026–2027.

Feyisayo Ajayi Feyisayo Ajayi
Exclusive

Lihaxa is rethinking health emergencies and out-of-pocket surprises

Lihaxa is building an AI-powered virtual clinic that tackles health emergencies, hidden costs, and care access gaps across underserved markets.

Editorial Team Editorial Team
Hot NewsBusiness

Pepkor CEO Pieter Erasmus sells $33M in shares as retail giant hits 6,000 stores

South African Pepkor CEO Pieter Erasmus sold $33 million in shares as the retail group surpasses 6,000 stores.

Omokolade Ajayi Omokolade Ajayi
Business moguls reshaping African pharma
BusinessHot News

Top 15 pharmaceutical moguls powering Africa’s healthcare

Africa’s pharma moguls are transforming healthcare, boosting local drug manufacturing, and reducing reliance on imports.

Feyisayo Ajayi Feyisayo Ajayi
Access Bank Bidvest deal
BusinessHot News

Bidvest relaunches banking arm sale after Access Bank $157 million deal collapse

Bidvest relaunches sale of its bank after Access Bank deal collapses, exposing regulatory hurdles facing cross-border banking deals in Africa.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire businessman Tony Elumelu.
BusinessHot News

Tony Elumelu’s Seplat stake tops $600 million weeks after $496 million purchase

Tony Elumelu’s Seplat Energy stake has climbed above $600 million, weeks after a $496 million acquisition reshaped Nigeria’s energy sector.

Omokolade Ajayi Omokolade Ajayi
Sibanye Stillwater platinum prices
BusinessHot News

Sibanye Stillwater bets on platinum rebound, lithium growth strategy

Sibanye Stillwater says platinum has a new price floor as supply deficits lift markets and the miner advances lithium growth in Europe this year.

Feyisayo Ajayi Feyisayo Ajayi