Tag: Featured

CompaniesLatest

South African court orders Cadac pension fund curators to fix 20-year rules mismatch

South African court orders Cadac Pension Fund curators to fix a 20-year mismatch between registered rules and fund operations after two decades.

Feyisayo Ajayi Feyisayo Ajayi
Cameroonian industrialist Jean Noutchogouin’s Icrafon swings to $1.6 million profit despite revenue slump
EntrepreneursLatest

Cameroonian industrialist Jean Noutchogouin’s Icrafon swings to $1.6 million profit

Cameroonian industrialist Jean Samuel Noutchogouin’s Icrafon returned to profit with $1.6 million in earnings despite a sharp revenue decline.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian energy tycoon Wale Tinubu
BusinessEnergyHot News

Oil mogul Wale Tinubu makes bold pitch for Nigeria’s $6.4 billion creative industry

Wale Tinubu urges global investors to fund Nigeria’s $6.4 billion creative economy, citing surging global demand for African music and culture.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Tony Elumelu
BillionairesHot News

Nigerian billionaire Tony Elumelu urges global shift from foreign aid to investment

At UNGA, Tony Elumelu urged global leaders to replace foreign aid with direct investment, highlighting $4.2 billion generated by African startups.

Omokolade Ajayi Omokolade Ajayi
Nigerian banker Segun Agbaje, CEO of GTCO.
BankingLatest

Nigerian banker Segun Agbaje-led GTCO reports lower profit of $312.23 million in H1 2026

GTCO’s profit fell 7.76% to $312.23 million in H1 2026 as higher taxes offset marginal growth in pre-tax earnings and stronger interest income.

Feyisayo Ajayi Feyisayo Ajayi
Ayoola Foods
EntrepreneursLatest

How Segun Olaye built Ayoola Foods into a Nigerian food-processing powerhouse

Nigerian engineer Segun Olaye built Ayoola Foods from an export business into a leading packaged-food brand through processing and distribution.

Feyisayo Ajayi Feyisayo Ajayi
MCB AXIAN Energy financing Africa
BankingLatest

Mauritius’ MCB Group posts $422 million profit in 2026

MCB Group reported $422.43 million profit in 2026, up 11.3%, as stronger income, African growth and lower impairments offset higher operating costs.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BillionairesCompaniesHot News

Africa’s richest man Aliko Dangote targets $36 billion revenue in 2026

Aliko Dangote’s conglomerate targets $36 billion in revenue for 2026, doubling its 2025 earnings behind aggressive refining and energy expansion.

Omokolade Ajayi Omokolade Ajayi
Kenyan tycoon Peter Muthoka
MiningEntrepreneursHot News

Kenyan tycoon Peter Muthoka pockets $19 million from airport cargo business

Kenyan tycoon Peter Muthoka pockets $19 million from the sale of his airport cargo business to Celebi Cargo GmbH.

Omokolade Ajayi Omokolade Ajayi
South African business leader Mteto Nyati
ExecutivesHot News

South African business leader Mteto Nyati gets three-year extension as Eskom chairperson

Mteto Nyati secures a three-year extension as Eskom chairperson to lead South Africa’s power utility through key energy and market reforms.

Omokolade Ajayi Omokolade Ajayi
Hamza Farooqui
EntrepreneursHot News

From WorldSpace to Hyatt: How Hamza Farooqui built a diversified African investment empire

Hamza Farooqui built a diversified African investment empire spanning media, finance, retail, technology and luxury hospitality through Millat.

Feyisayo Ajayi Feyisayo Ajayi
Ghanaian tycoon Sam Jonah
MiningCompaniesHot News

Ghanaian tycoon Sam Jonah leads $1 billion push into Africa’s critical minerals

Sam Jonah is co-leading a $1 billion venture targeting Africa’s critical minerals, including copper, lithium, cobalt and graphite.

Omokolade Ajayi Omokolade Ajayi