Tag: Featured

Egyptian fintech founder Islam Shawky’s Paymob raises $35 million to expand across MENA

Egyptian fintech Paymob raises $35 million in pre-Series C funding to expand payments infrastructure across Middle East and North Africa.

Feyisayo Ajayi Feyisayo Ajayi
Devland
Companies

10 businesses linked to Gathoo brothers, South African millionaires behind Devland

Gathoo Brothers, Mahomed and Shiraz Gathoo built a diversified South African business network spanning grocery retail, wholesale, property and trading.

Feyisayo Ajayi Feyisayo Ajayi
PLP Properties
InvestmentsHot News

Feghali, Nassar families’ PLP Properties secures $10 million for Accra hotel

PLP Properties secures $10 million from IFC to develop a 170-room Hampton by Hilton hotel near Accra’s international airport.

Feyisayo Ajayi Feyisayo Ajayi
GoTyme Bank digital banking products including debit card, mobile app, and ATMs in South Africa
BankingHot News

Patrice Motsepe’s GoTyme Bank expands Shari’ah financing across South Africa

GoTyme Bank expands Shari’ah-compliant funding to South African businesses, offering an alternative to conventional interest-based financing.

Feyisayo Ajayi Feyisayo Ajayi
Enko Capital
InvestmentsHot News

Enko Capital attracts CDC Benin investment for Francophone West Africa SME fund

Enko Capital secures CDC Benin investment for its Francophone West Africa SME fund, strengthening institutional backing for regional businesses.

Feyisayo Ajayi Feyisayo Ajayi
Mamelodi Sundowns
SportsHot News

Patrice Motsepe’s Mamelodi Sundowns defeat Al Ahli to lift African-Asian-Pacific Cup

Mamelodi Sundowns defeated Al Ahli 2-1 to win the African-Asian-Pacific Cup and advance in FIFA’s Intercontinental Cup.

Feyisayo Ajayi Feyisayo Ajayi
Crookes Brothers
CompaniesHot News

Crookes Brothers exits Mozambique macadamia venture after $19 million loss

Crookes Brothers will sell its Mozambique macadamia businesses for $2 after recording a $19 million loss and mounting debt obligations.

Feyisayo Ajayi Feyisayo Ajayi
Donald Mzolisa Don Ncube
BusinessHot News

South African businessman Don Ncube’s Kinetiko stake sheds $5.2 million

South African businessman Don Ncube loses $5.2 million as Kinetiko Energy shares fall 47%, cutting the value of his stake sharply in 2026.

Feyisayo Ajayi Feyisayo Ajayi
South Africa’s PetroSA
Hot NewsBusiness

South Africa’s PetroSA moves to block $37 million liquidation threat

South Africa’s PetroSA moves to block a $37.2 million liquidation attempt by Nako Energy, mounting a formal legal defense to protect its operations.

Omokolade Ajayi Omokolade Ajayi
Dangote Refinery gasoline storage tank with 60 million liters capacity under Dangote Industries Limited operations in Nigeria.
BusinessHot News

Nigeria’s refined petroleum exports surge 148% to nearly $4 billion in Q2

Nigeria’s refined petroleum exports surge 148% to nearly $4 billion in Q2

Omokolade Ajayi Omokolade Ajayi
South African property chief Jackie van Niekerk
ExecutivesHot News

South African property chief Jackie van Niekerk’s Attacq stake tops $1.5 million

Jackie van Niekerk’s Attacq stake has risen above $1.5 million as vested incentive shares and a stronger share price lift the value of her holding.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s Femi Otedola enters $2 billion club on massive First HoldCo rally

Femi Otedola’s net worth has crossed $2 billion as First HoldCo shares rally, adding $260.2 million to his stake since Aug. 24.

Omokolade Ajayi Omokolade Ajayi