Tag: Featured

South African café chain Bootlegger
LifestyleCompaniesHospitality

South African café chain Bootlegger plans 16 new stores in rapid rollout

Bootlegger Coffee Company plans to open 16 new stores across South Africa over the next two months as it accelerates its nationwide expansion.

Omokolade Ajayi Omokolade Ajayi
Nigerian tycoon Kola Karim
EnergyLatest

Kola Karim’s Shoreline secures $500 million Qatar financing  to unlock OML 30’s 100,000-bpd potential

Kola Karim’s Shoreline secures $500 million in Qatar financing to fund OML 30 drilling and target more than 100,000 barrels per day by 2027.

Feyisayo Ajayi Feyisayo Ajayi
Sibanye-Stillwater bond offering
InvestmentsLatest

Sibanye Stillwater says JPMorgan now holds $360 million worth of shares

Sibanye-Stillwater says JPMorgan holds a 5.04% stake worth about $360 million as the miner reports stronger first-half 2026 earnings and cash flow.

Feyisayo Ajayi Feyisayo Ajayi
Fourways Mall
Hot NewsLuxury

Accelerate opens door to minority disposal of its $256 million Fourways Mall stake

Accelerate Property Fund may sell part of its Fourways Mall stake as new managers gain an option for up to 15% ownership amid debt reduction.

Feyisayo Ajayi Feyisayo Ajayi
Fola Aiyesimoju
CompaniesLatest

Fola Aiyesimoju-led UAC of Nigeria to offload entire 43% stake in DP World Logistics to TGI

Fola Aiyesimoju-led UAC will sell its 43% stake in DP World Logistics to TGI, subject to regulatory approvals, as it reshapes its portfolio.

Feyisayo Ajayi Feyisayo Ajayi
Ivan Dittrich, CFO of Datatec
ExecutivesBusinessTechnology

Datatec CFO Ivan Dittrich earns $3.7 million in 2026

Datatec CFO Ivan Dittrich earned $3.7 million in 2026 as profit surged, lifting performance-linked pay at the technology group.

Timilehin Adejumobi Timilehin Adejumobi
Copper 360 CEO and CFO
ExecutivesLatest

Copper 360 promotes Gordon Thompson as CEO, Seten Naidoo to CFO

Copper 360 promotes Gordon Thompson to CEO and Seten Naidoo to CFO as the South African copper miner reshuffles its leadership team.

Feyisayo Ajayi Feyisayo Ajayi
South African executive Raisibe Morathi
ExecutivesHot NewsMarkets

Limpopo-born executive Raisibe Morathi’s Vodacom stake tops $5 million

Vodacom CFO Raisibe Morathi’s direct shareholding in the telecom giant tops $5.02 million following long-term executive incentive vestings.

Omokolade Ajayi Omokolade Ajayi
Mauritian resort group Lux Island Resorts
CompaniesBusinessHot News

Mauritian resort group Lux Island Resorts posts $33 million profit as tourism surges

Lux Island Resorts posts $32.6 million profit as stronger Mauritius tourism and lower financing costs lift earnings.

Omokolade Ajayi Omokolade Ajayi
Kenyan executive Sarit Raja Shah
ExecutivesHot NewsMarkets

Kenyan executive Sarit Raja Shah’s I&M Group stake hits $25 million as shares double

Sarit Raja Shah’s I&M Group stake reaches $25 million after the lender’s shares double on the Nairobi Securities Exchange.

Omokolade Ajayi Omokolade Ajayi
Lake Bunyoyi
TourismLatest

10 best places to visit in Uganda

Uganda offers gorilla trekking, wildlife safaris, scenic lakes, mountain hikes and cultural attractions across 10 destinations for travelers to explore.

Feyisayo Ajayi Feyisayo Ajayi
Alcazar Egypt
EnergyLatest

World Bank considers $120 million investment in Egypt’s 580MW Gabal El Zeit wind farm

World Bank’s coprivate sector arm, IFC, considers $120 million financing for Alcazar Energy’s acquisition of Egypt’s 580MW Gabal El Zeit wind farm.

Feyisayo Ajayi Feyisayo Ajayi