Tag: Featured

Malawian businessman Simbi Phiri
Hot NewsBillionairesBusiness

Meet Simbi Phiri: Malawian tycoon whose firm built a $100 million water plant outside Gaborone

Meet Simbi Phiri, whose firm built Botswana's $100 million Mmamashia Water Treatment Plant and a billion-dollar infrastructure business.

Omokolade Ajayi Omokolade Ajayi
MCB Microfinance
Business

MCB Group marks 10 years of microfinance, disburses $47 million

MCB Group marks 10 years of microfinance, disbursing $47 million to support over 4,300 entrepreneurs and expand financial inclusion.

Feyisayo Ajayi Feyisayo Ajayi
Sirius Real Estate
BusinessHot News

Sirius Real Estate acquires German business park for $57 million

Sirius Real Estate buys a German business park for $57 million, securing defense-backed income and high-yield industrial exposure.

Feyisayo Ajayi Feyisayo Ajayi
Kabwe
BusinessHot News

Shuka Minerals raises $1 million in strategic deal with Zambian investor

Shuka Minerals secures $1 million from Zambia’s Menel Energy to strengthen its balance sheet and advance the Kabwe mining project.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Ghanaian-Cameroonian entrepreneur Celeste Vogel named 2026 Cartier Women’s Initiative Fellow

Céleste Vogel named 2026 Cartier Women’s Initiative Fellow for advancing clean last-mile mobility and expanding economic opportunities across Africa.

Feyisayo Ajayi Feyisayo Ajayi
Folasope Aiyesimoju
BusinessHot News

Nigeria’s dealmaker, Folasope Aiyesimoju loses $30 million as CAP shares plunge 39% on NGX

Folasope Aiyesimoju’s CAP stake drops over $30 million as shares fall 39% on NGX, eroding value after strong earlier gains.

Feyisayo Ajayi Feyisayo Ajayi
Transnet
BusinessHot News

Transnet to invest $8 billion in 5-year turnaround plan

Transnet will invest $8 billion over five years to fix rail and ports, cut costs, and restore growth and investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Femi Otedola, Nigerian billionaire and chairman of First HoldCo, the parent company of First Bank of Nigeria.
Hot NewsBusiness

Femi Otedola-led First HoldCo posts $473 million half-year pre-tax profit

Femi Otedola-led First HoldCo posted $473.8 million in half-year pre-tax profit as stronger fee income and lower credit losses lifted earnings.

Omokolade Ajayi Omokolade Ajayi
Air Zimbabwe
Hot NewsBusiness

Air Zimbabwe restores direct London flights after 14 years

Air Zimbabwe restarts direct Harare to London Gatwick flights after 14 years using a leased Airbus A330-300 to revive direct UK connections.

Omokolade Ajayi Omokolade Ajayi
World's richest person Elon Musk.
BillionairesBusinessHot News

Elon Musk loses $528 billion in five weeks as SpaceX shares plunge after IPO

Elon Musk’s fortune fell by $528 billion in five weeks as SpaceX shares tumbled nearly 47 percent following its historic stock market listing.

Omokolade Ajayi Omokolade Ajayi
Delta Property Fund
BusinessHot News

South Africa’s Delta Property Fund to sell Pretoria asset for $2 million

Delta Property Fund to sell Pretoria asset for $2 million as part of strategy to cut debt, exit non-core holdings, and strengthen balance sheet.

Feyisayo Ajayi Feyisayo Ajayi
Equity
BusinessHot News

Equity retirement assets cross $7 million as Kenya’s retirement savings surge

Equity Life’s retirement schemes surpass $7 million in assets, driven by rising Kenyan demand for long-term savings solutions.

Feyisayo Ajayi Feyisayo Ajayi