Tag: Featured

Elmenus appoints new CEO as it powers Egypt’s food-tech future
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Elmenus appoints new CEO as it powers Egypt’s food-tech future

Elmenus names Walid El-Saadany CEO as it expands, integrates AI, and empowers Egypt’s digital food-tech ecosystem.

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Tshepo Mahloele Capitec Bank stake
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South African tycoon Tshepo Mahloele’s Capitec Bank stake surpasses $1.6 billion, nets $20 million dividend

Mahloele’s Capitec stake surges past $1.6 billion, earning $20 million in dividends as shares climb 29% amid strong investor momentum.

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Marina, Lagos: Nigeria’s Wall Street and colonial soul
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Marina, Lagos: Nigeria’s Wall Street and colonial soul

Marina, Lagos blends colonial legacy with Nigeria’s financial power, anchoring fintech, faith, and historic institutions.

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Dangote Cement boosts Africa production
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Africa’s richest man Aliko Dangote’s cement firm, posts $1.35 billion in half-year revenue

Dangote Cement H1 revenue hits $1.35 billion profit soars 174%, driven by strong Nigerian growth and infrastructure demand.

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PIC deepens stake in Sibanye-Stillwater miner
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Africa’s largest asset manager, PIC takes $330 million more shares in Sibanye-Stillwater

PIC ups Sibanye stake to 20.2% with $329.61 million deal, signaling renewed faith in the miner ahead of Froneman’s September retirement.

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Castleview deepens hold on SA Corporate real estate in $18.1 million deal
BusinessExclusive

Castleview deepens hold on SA Corporate real estate in $18.1 million deal

Castleview acquires $18.1 million stake in SA Corporate Real Estate, deepening its hybrid REIT investment strategy in a recovering property market.

Feyisayo Ajayi Feyisayo Ajayi
Santam becomes first African insurer to win Lloyd’s of London approval
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Santam becomes first African insurer to win Lloyd’s of London approval to launch a global insurance syndicate

Santam gets nod to launch global syndicate in London, becoming first African insurer to win Lloyd's of London approval

Feyisayo Ajayi Feyisayo Ajayi
How Basketmouth’s Flatmates became a MultiChoice hit
EntertainmentHot News

How Basketmouth turned Flatmates into a MultiChoice hit — and redefined Nigerian comedy

Basketmouth turned Flatmates into a MultiChoice hit, reshaping Nigerian comedy and proving the power of local IP in African television.

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PIC trims Astral Foods stake amid strategy shift
BusinessHot News

PIC pares stake in poultry giant Astral Foods amid portfolio recalibration

PIC trims stake in Astral Foods to 23.94%, signaling caution amid sector volatility, bird flu, and power challenges.

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Braemar, CBH sign pact to tilt Quantum Foods control
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Zimbabwean tycoon Simon Rudland-linked Braemar, CBH sign pact to tilt Quantum Foods control

Zimbabwe’s Rudland-backed firm and poultry player Country Bird grant each other the right of first refusal in strategic move

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SANRAL gets BRICS-backed loan to boost South African toll infrastructure
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SANRAL gets $397.6 million BRICS-backed loan to boost South African toll infrastructure

SANRAL secures $397.6 million NDB loan to upgrade N1, N2, and N3 toll roads, boosting South Africa’s transport infrastructure and economic corridors.

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Mantengu acquires Blue Ridge Platinum in strategic pivot to PGM sector
BusinessHot News

Mantengu acquires Blue Ridge Platinum in strategic pivot to PGM sector

At a Glance Mantengu Mining Ltd, the Johannesburg-listed investment holding company chaired by South African executive Jonas Tshikundamalema, has finalized the acquisition of Blue Ridge Platinum and Sheba’s Ridge from a consortium including Corridor Mining Resources and AfroCentric Investment Corporation for a total of R3 billion ($170.34 million). The deal, first unveiled in 2024, was approved by the boards and…

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