Tag: Featured

ADvTECH
BusinessHot News

PIC lifts ADvTECH stake to $319 million as valuation nears $1.6 billion

PIC raises its ADvTECH stake to $319 million as the education giant nears a $1.6 billion valuation on strong earnings and expansion.

Feyisayo Ajayi Feyisayo Ajayi
South African banker Ben Kruger.
Hot NewsBusiness

Former Standard Bank CEO Ben Kruger’s stake tops $4 million as shares climb

Former Standard Bank CEO Ben Kruger’s stake in Africa’s largest lender climbs past $4 million as JSE shares rise 11.67 percent this year.

Omokolade Ajayi Omokolade Ajayi
Aradel refinery chief Temitayo Ogunbanjo.
Hot NewsBusiness

Aradel refinery chief Temitayo Ogunbanjo sells $3.3 million stake as shares slide 37%

Temitayo Ogunbanjo has sold Aradel shares worth N4.53 billion ($3.3 million) amid recent stock market pressure.

Omokolade Ajayi Omokolade Ajayi
Mauritius-based insurance group MUA Limited
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MUA posts higher first-quarter profit as Mauritius offsets Kenya, Uganda weakness

MUA Limited grows Q1 profit to $2.4 million, using local gains to counter challenging retail insurance environments in East Africa.

Omokolade Ajayi Omokolade Ajayi
Professor Deji Olanrewaju
Hot NewsBusiness

Zedvance names former CIBN president Deji Olanrewaju board chairman as lending push gathers pace

Zedvance Finance has named veteran banker Professor Deji Olanrewaju board chairman as the non-bank lender targets a $185 million commercial lending push.

Omokolade Ajayi Omokolade Ajayi
10 oldest publicly listed company
BusinessHot News

10 oldest publicly listed companies in South Africa

South Africa’s oldest listed firms trace over a century of resilience, evolving from gold mining roots into diversified global businesses.

Feyisayo Ajayi Feyisayo Ajayi
IFC Marquardt Tunisia loan
BusinessHot News

IFC weighs $59 million loan for Marquardt Tunisia automotive manufacturing expansion

IFC considers $59 million loan to expand Marquardt’s Tunisia operations, boosting advanced manufacturing and supply chain growth.

Feyisayo Ajayi Feyisayo Ajayi
Coca-Cola HBC
BusinessHot News

Coca-Cola HBC launches Cairo tech hub to boost digital outsourcing growth

Coca-Cola HBC launches Cairo tech hub to support 27 markets, boosting Egypt’s rise as a digital outsourcing and export services powerhouse.

Feyisayo Ajayi Feyisayo Ajayi
Aminata Kane Ndiaye Orange Money
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Aminata Kane: Senegalese executive driving Orange’s fintech expansion across Africa

Aminata Kane Ndiaye leads Orange Money’s fintech expansion, scaling digital finance to 40 million users across Africa and the Middle East.

Feyisayo Ajayi Feyisayo Ajayi
TourismHot News

Cape Verde’s $40 million signal: A tourism boom that’s both fuel and fragility

Cape Verde’s FDI rises 9.4% to $39.8 million, with nearly 90% flowing into tourism, highlighting growth momentum and economic concentration risks.

Feyisayo Ajayi Feyisayo Ajayi
MTN Group
BusinessHot News

MTN Group: 10 chairpersons driving growth across Africa

MTN group’s 10 chairpersons anchor governance across Africa, steering regulation, fintech expansion, and long-term growth in key markets.

Feyisayo Ajayi Feyisayo Ajayi
Patrick Bitature
BusinessHot News

Patrick Bitature’s Simba Group: Inside Uganda’s multi-sector business empire

Patrick Bitature built Simba Group into a telecom, energy, and real estate powerhouse, shaping Uganda’s private sector growth.

Feyisayo Ajayi Feyisayo Ajayi