Tag: Featured

Geregu Power
BusinessHot News

Geregu Power sheds $556 million on NGX in 2026

AfDB approves $114 million loan for Morocco’s first EV battery gigafactory, boosting electric mobility and green manufacturing ambitions.

Feyisayo Ajayi Feyisayo Ajayi
Daniel Ofori
BusinessHot News

Ghana’s richest investor Daniel Ofori hit by $24 million loss on Soc. Gen. Ghana stake in 143 days

Ghana’s top investor Daniel Ofori loses $24 million on Societe Generale Ghana stake amid cedi depreciation and share price volatility.

Feyisayo Ajayi Feyisayo Ajayi
Stanley Bergman
BusinessHot News

South African-born executive Stanley Bergman exits Henry Schein after 45 years with $53 million stake

Stanley Bergman exits Henry Schein after 45 years, stepping down in 2025 with a $53 million stake after transforming the healthcare giant.

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

World’s richest Black person Aliko Dangote eyes $100 billion empire on oil, fertilizer

Aliko Dangote is targeting a $100 billion business empire by 2030 through major investments in refining, fertilizer and cement.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
BusinessBillionairesHot News

Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $238 million half-year profit

Abdul Samad Rabiu's BUA Cement reports a N324.88 billion ($238 million) half-year profit, driven by strong sales and lower finance costs in 2026.

Omokolade Ajayi Omokolade Ajayi
Apex Education
BusinessHot News

Apex Education Group transforms former Louisenhof Cellar into campus, plans 10 schools

Apex Education converts Stellenbosch wine cellar into affordable school, targeting 10,000 student capacity nationwide.

Feyisayo Ajayi Feyisayo Ajayi
MTN Group's chair across African markets
Hot NewsBusinessExclusive

10 chairpersons driving MTN Group growth across Africa

MTN Group’s growth across Africa is driven by local chairpersons shaping regulation, capital strategy and trust in 16 markets.

Feyisayo Ajayi Feyisayo Ajayi
Marriott International, the world’s largest hotel chain.
LuxuryBusinessHot News

Marriott to add nine Egypt hotels with more than 1,800 rooms under new deal

Marriott, the world’s largest hotel chain, will develop nine hotels with more than 1,800 rooms across Egypt, backing the country's tourism expansion and investment drive.

Omokolade Ajayi Omokolade Ajayi
Dr. Awele Vivien Elumelu.
Hot NewsBusiness

Dr. Awele Elumelu leads Transcorp Hotels to N10.5 billion first-half profit

Transcorp Hotels reports N10.5 billion first-half profit under Dr. Awele Elumelu, driven by disciplined cost control and efficiency.

Omokolade Ajayi Omokolade Ajayi
Hani Berzi
BusinessHot News

Hani Berzi’s Edita Foods stake drops by $100 million in 165 days

Hani Berzi loses nearly $100 million as Edita Foods shares slide on Egypt Exchange, pressured by pound devaluation.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s first Black billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe sees net worth dip under $3.5 billion after bold $1 billion mining gamble

Patrice Motsepe's net worth slipped below $3.5 billion after African Rainbow Minerals approved nearly $1 billion in mining investments.

Omokolade Ajayi Omokolade Ajayi
Lithium
Hot NewsBusiness

Zimbabwe eyes lithium battery manufacturing as processing push gains ground

Zimbabwe targets domestic lithium battery production to maximize critical mineral revenues, boost industrial jobs, and attract global investment.

Omokolade Ajayi Omokolade Ajayi