Tag: Featured

20 world’s most important maritime chokepoints, like the Strait of Hormuz

Twenty strategic maritime chokepoints, from the Strait of Hormuz to Malacca, carry…

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South Africa’s richest man faces $2.2 billion loss amid global unrest

South Africa’s richest man, Johann Rupert, loses $2.22 billion as Richemont shares…

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Fertiglobe approves $260 million dividend payout for 2025 after strong earnings

Fertiglobe, backed by Abu Dhabi National Oil Company, approves $260 million 2025…

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Nigerian Breweries partners to launch food-grade rPET facility in Ogun State

Nigerian Breweries joins partners to launch food-grade rPET facility in Ogun State,…

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Pareto secures full control of Sandton Convention Centre after Southern Sun exits $66 million deal

Pareto secures full ownership of Sandton Convention Centre and two hotels after…

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Nigerian billionaires Elumelu, Rabiu meet Macron to strengthen Africa-France ties

Elumelu and Rabiu meet Macron at Élysée Palace to strengthen investment and…

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Top 15 global billionaires investing billions across Africa

Global billionaires including Elon Musk, Jeff Bezos, and Bill Gates are investing…

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KCB Group posts record $530 million profit as Kenyan unit leads earnings growth

KCB Group Plc posts $530 million profit as Kenyan unit leads earnings…

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Meet Samuel Tafesse, Ethiopian multi-millionaire behind Africa’s first Marriott hotel

Ethiopian developer Samuel Tafesse built sub-Saharan Africa’s first Marriott hotel, rising from…

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Woolworths names Sam Ngumeni CEO as Roy Bagattini prepares to retire in 2026

Woolworths names longtime executive Sam Ngumeni CEO as Roy Bagattini prepares to…

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IFC launches $1.76 million program to improve labor standards in Africa’s hotels

IFC launches a $1.76 million advisory program to help African hotels improve…

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IFC backs $20 million risk-sharing deal to finance Guinea’s construction firm GPC

IFC plans $20 million risk-sharing deal with Ecobank Guinea to expand financing…

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