Tag: Featured

BusinessHot News

Egypt’s Edita moves to raise $20 million to fund expansion

Edita plans $20 million capital increase to fund expansion, boosting financial flexibility and supporting long-term growth strategy.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s 10 richest billionaires in July 2026
BillionairesBusinessExclusiveHot News

10 richest African billionaires in July 2026

Africa’s 10 richest billionaires in July 2026 as Aliko Dangote, Johann Rupert and others grow their fortunes.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Nigeria’s crude oil output hits 6-year high at 1.56M bpd, beats OPEC quota

Nigeria's crude output rose to a six-year high of 1.56 million barrels per day in June, exceeding its OPEC quota despite weaker NNPC revenue in May.

Omokolade Ajayi Omokolade Ajayi
Hacienda Ras El Hekma
Hot NewsTourism

Egypt’s Palm Hills bets big on Hacienda Ras El Hekma as flagship project

Egypt's Palm Hills positions Hacienda Ras El Hekma as a flagship coastal city, advancing Egypt’s shift toward year-round tourism and investment growth.

Feyisayo Ajayi Feyisayo Ajayi
5 African innovators
BusinessHot News

5 African innovators quietly echoing the genius of Thomas Edison

African innovators echo Edison’s genius, turning constraint into scalable solutions across healthcare, fintech, and energy systems.

Feyisayo Ajayi Feyisayo Ajayi
African Mining Tycoons
BusinessBillionairesHot News

African mining tycoons with fortunes exceeding $10 billion

Africa currently has two mining billionaires worth over $10 billion in 2026, reflecting structural shifts reshaping wealth creation across the sector by african mining tycoons.

Feyisayo Ajayi Feyisayo Ajayi
Ivan Glasenberg Glencore
Hot NewsBillionairesBusiness

South African billionaire Ivan Glasenberg gains $1.6 billion as his Glencore stake hits $8.4 billion 

Ivan Glasenberg’s Glencore stake jumps $1.6 billion in 2026, driven by rising copper prices and renewed investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Sadio Mane
SportsHot News

Senegal celebrates Sadio Mané’s retirement as billionaire Cristiano Ronaldo targets 1,000 goals

Senegal celebrates Sadio Mané’s retirement after World Cup exit, as Cristiano Ronaldo continues pursuit of 1,000 career goals.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s largest agribusiness companies
BusinessHot News

Abu Qir Fertilizers sheds $229.4 million in 4 months on EGX

Abu Qir Fertilizers sheds $229 million in market value in four months as investors weigh gas risks, currency volatility, and global fertilizer prices.

Feyisayo Ajayi Feyisayo Ajayi
Renaissance Africa Energy_ Tony Attah
BusinessHot News

Renaissance Africa Energy makes major oil discovery in Nigeria’s OML 74

Renaissance Africa Energy confirms major OML 74 oil discovery in Nigeria, with JK-004 well revealing high-quality reservoirs and strong commercial potential.

Feyisayo Ajayi Feyisayo Ajayi
African banks with most branches
BusinessHot News

Standard Bank wins renminbi clearing mandate, taps $300 billion Africa-China trade flows

Standard Bank gains renminbi clearing status, unlocking direct access to a $300 billion Africa-China trade corridor and boosting payment efficiency.

Feyisayo Ajayi Feyisayo Ajayi
Gagan Gupta
BusinessHot News

Gagan Gupta: Indian industrialist reshaping Africa’s business landscape

Gagan Gupta is reshaping Africa’s industrial landscape through integrated SEZs, boosting local manufacturing and value-added exports.

Feyisayo Ajayi Feyisayo Ajayi