Tag: Featured

BusinessHot News

Hammerson’s 2026 divestments hit $100 million at premium to book value

Hammerson’s 2026 divestments reach $100 million, achieving a premium to book value as the firm accelerates capital recycling into core assets.

Feyisayo Ajayi Feyisayo Ajayi
Julius Rone
BusinessHot News

Nigerian tycoon Julius Rone’s UTM Offshore clears hurdle for $5 billion gas project

Julius Rone's UTM Offshore secures 15-year gas deal, clearing key hurdle for $5 billion FLNG project and paving way for 2026 final investment decision.

Feyisayo Ajayi Feyisayo Ajayi
Tatu City
BusinessHot News

Tatu City ownership battle escalates as court ruling triggers $15 million fallout

Tatu City dispute deepens after court ruling, as minority investors pursue fresh arbitration to salvage stakes amid $15 million fallout.

Feyisayo Ajayi Feyisayo Ajayi
Centre Point, formerly known as the Famfa Oil Tower.
ExclusiveBillionairesLuxury

How Nigeria’s richest woman built a $100 million Lagos tower without a bank loan

Rising 103 meters over Ikoyi, Folorunso Alakija's $100 million Centre Point tower stands as a striking symbol of Nigerian corporate success.

Omokolade Ajayi Omokolade Ajayi
Kenyan tycoon Baloobhai Patel
BusinessHot News

Kenyan tycoon Baloobhai Patel’s stake in Absa Kenya nears $30 million

Kenyan investor Baloobhai Patel’s Absa Kenya stake nears $30 million as shares rally on strong earnings and rising investor confidence.

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Gautam Adani
BillionairesBusinessHot News

Gautam Adani’s port arm targets Africa expansion after $10 billion fundraising surge

Gautam Adani's port arm targets Africa expansion after raising nearly $10 billion, positioning to capture rising trade flows across Asia, Middle East and Africa.

Feyisayo Ajayi Feyisayo Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
TechnologyBusinessHot News

Circle backs Flutterwave after Ripple deal valued the fintech at $3.3 billion

Following a Ripple deal valuing it at $3.3 billion, Flutterwave secures Circle backing to embed digital dollar settlements across its network.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Egypt launches child-focused SIM services to strengthen online safety

Egypt launches child-focused SIM services, Etmaen and Etmaen Ala El Akher, to enhance online safety with built-in network protections.

Feyisayo Ajayi Feyisayo Ajayi
Edita $9.3 million loan Egypt
BusinessHot News

IFC weighs $25 million financing for Edita’s Iraq expansion

IFC considers $25 million financing for Edita’s Iraq expansion, backing capacity growth, upgrades, and regional ambitions beyond Egypt.

Feyisayo Ajayi Feyisayo Ajayi
Senegal’s first offshore oil project.
Hot NewsBusiness

Senegal’s Sangomar oil field pumps nearly 18 million barrels in first half as expansion plans advance

Senegal’s Sangomar field delivered nearly 18 million barrels in the first half of the year as Woodside Energy plans to expand production.

Omokolade Ajayi Omokolade Ajayi
Hassan Allam
BusinessHot News

Hassan Allam Utilities gets $30 million funding for Egypt’s Minya solar project

Hassan Allam Utilities secures $30 million EAAIF loan for Egypt’s Minya solar and battery project, boosting renewable capacity and grid reliability.

Feyisayo Ajayi Feyisayo Ajayi
Standard Bank Group Chairpersons
BusinessHot News

Standard Bank Group: 10 chairpersons driving growth across Africa

Standard Bank’s chairpersons anchor governance, risk oversight, and growth across 20 African markets, strengthening trust and long-term performance.

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