Tag: Featured

South African asset manager Ninety One profit.
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Ninety One’s stake in Remgro tops $300 million

Ninety One raises its Remgro stake above $300 million, strengthening its position among top shareholders in South Africa.

Feyisayo Ajayi Feyisayo Ajayi
African banks with most branches
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Standard Bank backs Tolaram with term financing after Guinness Nigeria deal

Standard Bank refinances Tolaram’s Guinness Nigeria deal with term financing, shifting from bridge funding to long-term capital strategy.

Feyisayo Ajayi Feyisayo Ajayi
Ibrahim Sagna African investment strategy
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Ibrahim Sagna hails Fatima Dangote after Africa’s largest $2.5 billion private placement

Dangote refinery raises $2.5 billion in record private placement, drawing strong praise from investor including Ibrahim Sagna ahead of planned IPO and global expansion push.

Feyisayo Ajayi Feyisayo Ajayi
Ali Dayekh
BusinessHot News

Meet Egypt’s businessman, Ali Dayekh, with shares worth over $150 million on EGX

Egypt's businessman, Ali Dayekh holds over $150 million in EGX shares, with major stakes in banking, distribution, and investment firms.

Feyisayo Ajayi Feyisayo Ajayi
Trans-Gabon Railway
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Proparco, IFC back $356 million upgrade of Trans-Gabon Railway

Proparco and IFC back $356 million Trans-Gabon Railway upgrade, boosting infrastructure, safety and regional connectivity.

Feyisayo Ajayi Feyisayo Ajayi
Ali Dayekh
BusinessHot News

Egyptian-Saudi businessman Ali Hassan Ali Dayekh suffers $15 million loss in 100 days

Egyptian-Saudi investor Ali Dayekh loses $15 million in 100 days as Credit Agricole Egypt shares slide on sustained selling pressure.

Feyisayo Ajayi Feyisayo Ajayi
Andrew Mukite Musangi
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Meet Andrew Musangi, corporate lawyer at the center of Kenya’s financial power

Andrew Musangi, CBK chair and corporate lawyer, sits at the heart of Kenya’s financial power, blending legal expertise with boardroom influence.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu
BusinessBillionairesHot News

BUA Foods nears peak ahead of H1 2026 results as market braces

BUA Foods trades near peak ahead of H1 2026 results, with investors watching for a familiar earnings-driven cycle and limited upside.

Feyisayo Ajayi Feyisayo Ajayi
Helios Towers 2026
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Helios takes T2S Group public in $120 million Casablanca IPO at $520 million valuation

Helios lists T2S Group in $120 million Casablanca IPO, valuing the med-tech firm at $520 million amid strong investor demand.

Feyisayo Ajayi Feyisayo Ajayi
Amethis
BusinessHot News

Amethis MENA Fund III to get $28 million equity commitment from IFC

IFC considers up to $28 million investment in Amethis MENA Fund III, boosting small-cap private equity across Morocco, Egypt and region.

Feyisayo Ajayi Feyisayo Ajayi
David Wiens
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Asante Gold’s finance chief David Wiens resigns after leading $1 billion financing drive

Asante Gold CFO David Wiens resigns after three years, following a $1 billion financing drive supporting Ghana expansion.

Feyisayo Ajayi Feyisayo Ajayi
South African executive Phuthi Mahanyele-Dabengwa
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South African executive Phuthi Mahanyele-Dabengwa reveals $1.7 billion investment in France’s innovation ecosystem

Phuthi Mahanyele-Dabengwa reveals Prosus and Naspers invested $1.7 billion into French technology leaders, driving global growth.

Omokolade Ajayi Omokolade Ajayi