Tag: Featured

Yerim Sow
BusinessHot News

Senegalese tycoon Yerim Sow’s Bridge Bank sets Sept. 24 BRVM debut after $120 million IPO

Bridge Bank Côte d’Ivoire will debut on the BRVM on Sept. 24 after its $120 million IPO drew $171 million in investor orders.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian tech entrepreneur Yinka Adewale
TechnologyBusinessHot News

Nigerian tech entrepreneur Yinka Adewale leads Nomba to $3 million funding success

Nomba secures a $3 million debt facility as Yinka Adewale expands its cross-border payments network across Africa and Asia.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa's richest man and Dangote group President
BillionairesBusinessHot News

Aliko Dangote’s mega refinery trims debt to $5.67 billion ahead of record listing

Dangote Refinery cuts secured debt to $5.67 billion as it prepares for a $1.6 billion share offering and November listing.

Omokolade Ajayi Omokolade Ajayi
San Francisco-based giant Uber Technologies Inc
TechnologyBusinessHot News

Uber sharpens focus on Kenya after exiting Nigeria, Uganda and Tanzania

Uber exits Nigeria, Uganda and Tanzania while keeping Kenya as a key African market amid rising costs and a push for profitability.

Omokolade Ajayi Omokolade Ajayi
TotalEnergies
BusinessHot News

TotalEnergies to invest $10 billion in Angola over 5 years

TotalEnergies will invest $10 billion in Angola over five years to sustain oil output, expand exploration and develop offshore projects with partners.

Feyisayo Ajayi Feyisayo Ajayi
Palantir CEO Alex Karp
BillionairesHot NewsTechnology

Billionaire Alex Karp’s Palantir names Nebius as preferred sovereign AI infrastructure partner

Palantir names Nebius its preferred sovereign AI infrastructure partner, expanding secure AI computing options for commercial customers.

Feyisayo Ajayi Feyisayo Ajayi
Nelson and Rui Carrinho
BusinessHot News

Angola’s billionaire Carrinho family deepens banking power in $452 million deal

Angola’s billionaire Carrinho family is buying a 33.35 percent stake in Banco de Fomento de Angola from Banco BPI in a major $452 million transaction.

Omokolade Ajayi Omokolade Ajayi
Vukile CEO, Laurence Rapp
BusinessHot News

Vukile Property Fund’s AUM near $6 billion amid Iberian expansion

Vukile Property Fund nears $6 billion in assets as its European expansion boosts growth across Spain, Portugal, Italy and South Africa.

Feyisayo Ajayi Feyisayo Ajayi
Leila Fourie, Vodacom director
BusinessHot News

Vodacom appoints former JSE CEO Leila Fourie to its board

Leila Fourie is set to join Vodacom’s board, bringing senior banking, payments and capital markets experience.

Timilehin Adejumobi Timilehin Adejumobi
Groupe Duval
BusinessHot NewsLuxury

Groupe Duval invests $21 million in Sadi Mall in Cameroon

Groupe Duval invests $21 million in Sadi Mall, expanding its retail footprint in Cameroon’s growing commercial property market.

Feyisayo Ajayi Feyisayo Ajayi
Cameroon's richest man Baba Ahmadou Danpullo.
BusinessHot News

Cameroon’s richest man Baba Danpullo-linked firm takes 10% stake in MSC’s logistics business

Baba Danpullo-linked CCML has acquired a 10% stake in AGL Cameroon, expanding his exposure to the country’s logistics sector.

Feyisayo Ajayi Feyisayo Ajayi
ReconAfrica Namibia oil test results
Hot NewsBusiness

ReconAfrica upsizes share offering to $14 million to fund Namibia drilling

ReconAfrica raises its share offering to CAD19 million ($14 million) to fund horizontal sidetrack drilling and production testing in Namibia as exploration advances.

Feyisayo Ajayi Feyisayo Ajayi