Tag: Featured

Emira Octodec stake
BusinessHot News

Emira boosts Octodec stake with $2.9 million share purchase, trims voluntary offer

Emira adds $2.9 million to Octodec stake, trims offer size as it nears 35% ownership threshold in South Africa’s property market.

Feyisayo Ajayi Feyisayo Ajayi
Hulamin extrusions business sale
BusinessHot News

South Africa’s Hulamin sells extrusions unit following net loss of $2.2 million

Hulamin to sell loss-making extrusions unit for over half a million dollars, sharpening focus on core rolled products and improving efficiency.

Feyisayo Ajayi Feyisayo Ajayi
FAPCL mall sale Kenya
BusinessHot NewsLuxury

Dias Family’s FAPCL puts high-yield Kenyan mall generating nearly $1 million up for sale

FAPCL Group lists a high-occupancy Kenyan mall for sale, signaling strong investor appetite for income-generating retail assets.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

IFC’s nearly $1 million play set to rewrite who gets credit in emerging markets of Cameroon

IFC advances $950,000 advisory in Cameroon to help SMEs become investment-ready and improve access to credit in constrained markets.

Feyisayo Ajayi Feyisayo Ajayi
IFC livestock value chain financing
BusinessHot News

Alema Koudijs Feed gets $10 million IFC loan to expand feed production in Ethiopia

IFC proposes $10M loan to Alema Koudijs Feed to expand Ethiopia feed mill, boosting livestock value chain and cutting imports in Ethiopia. now

Feyisayo Ajayi Feyisayo Ajayi
Ivan Glasenberg Glencore dividend
BusinessGlobal NewsHot News

South African billionaire Ivan Glasenberg to pocket $207 million from Glencore dividend payout

Glencore’s $2.24 billion dividend hands Ivan Glasenberg a $207.3 million payout, underscoring strong returns despite mixed earnings.

Feyisayo Ajayi Feyisayo Ajayi
Vertice MedTech investment Africa
Hot NewsTechnology

Private capital backs Vertice MedTech to power 7,000 surgeries monthly across Southern Africa

Private capital backs Vertice MedTech to scale healthcare access, enabling 7,000 surgeries monthly across Southern and Sub-Saharan Africa.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Femi Otedola
BillionairesBusinessHot News

Nigerian billionaire Femi Otedola’s net worth rises to $1.5 billion as First Holdco stake nears $500 million

According to Forbes, which tracks the fortunes of the world’s wealthiest individuals, Otedola’s wealth has increased by $200 million since the beginning of 2026.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Egypt’s Sami Saad family-owned AlDau Hospitality secures $100 million loan for Cairo hotel expansion

IFC weighs $100 million loan for AlDau Hospitality to expand Cairo hotel near Pyramids, boosting Egypt’s tourism and jobs.

Feyisayo Ajayi Feyisayo Ajayi
Johannesburg water infrastructure loan
BusinessHot News

IFC plans $47 million loan to upgrade Johannesburg’s water infrastructure

IFC plans a $47 million loan to Johannesburg to upgrade water systems, tackling losses, aging infrastructure, and supply constraints.

Feyisayo Ajayi Feyisayo Ajayi
Egyptian billionaire Nassef Sawiris.
BillionairesBusinessHot News

Egyptian billionaire Nassef Sawiris closes London family office after UK exit

Egyptian billionaire Nassef Sawiris winds down London family office after UK exit amid tax reforms and relocation to Abu Dhabi and Italy.

Omokolade Ajayi Omokolade Ajayi
ISA Dataproof stake sale
Hot NewsTechnology

South Africa’s ISA Holdings exits Dataproof stake in $3.7 million deal

ISA Holdings sells 50% Dataproof stake for R62M ($3.7M), unlocking value via buyback as firm sharpens cybersecurity focus and empowerment strategy deal

Feyisayo Ajayi Feyisayo Ajayi