Tag: Featured

BlackRock raises stake in Clicks Group to $239 million

BlackRock boosted its Clicks Group stake to $239 million, signaling rising global investor confidence in South Africa’s healthcare retail sector.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s richest man Aliko Dangote adds $1.2 billion in early 2026 gains

Africa’s richest man, Aliko Dangote, adds $1.21 billion as Dangote Cement shares climb in early 2026.

Omokolade Ajayi Omokolade Ajayi

Top billion-dollar firms on Dar es Salaam Stock Exchange

Tanzania’s DSE hosts five billion-dollar stocks, led by banks and brewers, reflecting investor confidence, consumer demand, and capital market maturity.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Eskom gets $3.4 billion boost from revised electricity tariffs

South Africa’s Eskom gains $3.4 billion from tariff correction, boosting finances and funding power plant upgrades.

Omokolade Ajayi Omokolade Ajayi

Mauritius’ business groups: Multimillionaires who built them

Mauritius’ top business families built diversified conglomerates that transformed sugar wealth into finance, tourism, logistics and real estate powerhouses.

Feyisayo Ajayi Feyisayo Ajayi

China opens market to 400 Tanzanian agricultural exporters

China has approved 408 Tanzanian agricultural exporters, giving farmers and companies wider access to the Chinese market after months of trade coordination.

Omokolade Ajayi Omokolade Ajayi

Orascom Development Egypt gains from Red Sea tourism boom

Orascom Development Egypt is positioned to outperform as tourism growth, Red Sea land revaluation and hospitality exposure unlock fresh value.

Feyisayo Ajayi Feyisayo Ajayi

TMG expands education push with EFG Hermes-backed private university

Talaat Moustafa Group teams up with EFG Hermes-backed EEP to launch a flagship private university in Noor City, east of Cairo.

Feyisayo Ajayi Feyisayo Ajayi

Elsewedy Electric lands $68.6 million loan for Hungary power project

Elsewedy Electric secured a $68.6 million CIB loan to fund Hungary’s hydrogen-ready power plant expansion in landmark $827.3 million energy project.

Feyisayo Ajayi Feyisayo Ajayi

Johannesburg-based Gold Fields overtakes Naspers as Africa’s most valuable company

Gold Fields has overtaken Naspers as Africa’s most valuable company after a gold price rally lifted mining stocks on the JSE.

Omokolade Ajayi Omokolade Ajayi

Top billion-dollar companies on Zambia’s Lusaka Securities Exchange

Four firms worth over $1 billion anchor Lusaka Securities Exchange, dominating market value and investor confidence in Zambia’s key sectors.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s tallest skyscraper: Ivory Coast’s F Tower to lead in 2026

Ivory Coast’s F Tower will rise 421 meters in Abidjan, overtaking Egypt’s Iconic Tower to become Africa’s tallest skyscraper by 2026.

Feyisayo Ajayi Feyisayo Ajayi