Tag: Featured

Nigeria crude export strategy
BusinessHot News

Nigeria’s debut of Cawthorne crude export exposes tension between NNPCL, Dangote refining model

Nigeria’s first Cawthorne crude export to Europe exposes tension between export strategy and Dangote-led domestic refining ambitions.

Feyisayo Ajayi Feyisayo Ajayi
Sunu Bank court ruling Senegal
BusinessHot News

Senegal’s Sunu Bank wins legal battle as Dakar court orders Pharmacie Royale to pay $275,000

Sunu Bank wins Dakar court ruling, securing $275,000 payment as it strengthens credit enforcement and post-acquisition risk controls.

Feyisayo Ajayi Feyisayo Ajayi
Founders of Refiant AI, including Viroshan Naicker, Siddharth Gutta, and Mathew Haswell, leading the South African AI startup focused on efficiency.
Hot NewsTechnology

South African AI startup Refiant raises $5 million to cut AI energy and data costs

South African AI startup Refiant raises 5 million seed funding to cut AI energy use and data costs through model compression technology.

Omokolade Ajayi Omokolade Ajayi
DRC $1.25 billion eurobond
BusinessHot News

DRC’s Rawbank leads $1.25 billion debut eurobond, opening global capital markets access

DRC raises $1.25 billion eurobond, unlocking global funding to boost infrastructure, jobs, and long-term economic growth.

Feyisayo Ajayi Feyisayo Ajayi
Sello Moloko builds multimillion-dollar empire
BusinessHot News

Meet Sello Moloko, the dealmaker behind a multi-million dollar African investment empire

South African banker and investor Sello Moloko built a multimillion-dollar investment empire spanning banking, infrastructure and energy across Africa.

Feyisayo Ajayi Feyisayo Ajayi
IFC loan OCP sustainable fertilizer waste
BusinessHot News

IFC plans $111.3 million loan to OCP for fertilizer waste project in Morocco

IFC weighs $111.3 million loan to Morocco’s OCP to fund sustainable phosphogypsum storage and cut fertilizer waste risks.

Feyisayo Ajayi Feyisayo Ajayi
Ghana International Bank IFC loan
BusinessHot News

Ghana International Bank gets $100 million IFC loan to boost Africa trade flows

Ghana International Bank secures $100 million IFC loan to boost trade finance, expand liquidity and support cross-border commerce across Africa.

Feyisayo Ajayi Feyisayo Ajayi
Optasia’s AI-powered fintech solutions support credit access and digital financial services across Africa and emerging markets.
BusinessHot NewsTechnology

JSE-listed Optasia raises over $300 million in refinancing to boost Africa’s fintech growth

Optasia raises over $300 million in refinancing backed by Standard Bank to scale fintech services across Africa and emerging markets.

Omokolade Ajayi Omokolade Ajayi
Outgoing Chief Executive Officer John Lamola
BusinessHot News

After reports reveal quiet $58 million bailout, SAA CEO John Lamola resigns

During John Lamola's tenure, the airline said it focused on restoring core operations and rebuilding its network.

Omokolade Ajayi Omokolade Ajayi
Capitec Gerrie Fourie board return
BusinessHot News

Why Capitec boosted Gerrie Fourie’s pay 59% to nearly $6 million in his final year as CEO

Capitec lifted Gerrie Fourie’s pay 59% to $5.62 million in 2025 after strong profit growth and a decade of rapid digital expansion.

Feyisayo Ajayi Feyisayo Ajayi
Wale Tinubu, chief executive officer of Oando Plc.
BusinessHot News

After Angola oil win, Nigerian energy mogul Adewale Tinubu plans $750 million drilling campaign

After Angola oil win, Oando plans $750 million drilling campaign targeting 300 percent output growth across West Africa.

Omokolade Ajayi Omokolade Ajayi
CRDB Proparco Tanzania trade finance deal
BusinessHot News

Top 5 billion-dollar companies on Dar es Salaam Stock Exchange

Five billion-dollar firms dominate Dar es Salaam exchange, driving liquidity, investor confidence, and Tanzania’s capital market growth.

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