Tag: Featured

Botselo Shoprite maize partnership
BusinessHot News

Botselo Mills partners Shoprite to bolster South Africa’s maize supply chains

Botselo Mills partners Shoprite to scale maize supply nationwide, boosting food access, distribution efficiency and South Africa’s supply chains.

Feyisayo Ajayi Feyisayo Ajayi
Africa richest billionaires 2026
BillionairesHot News

Africa’s top five billionaires worth more than $10 billion

Africa’s $10 billion titans, five richest men, surpassing $90 billion in combined wealth, shaping industries, driving growth and influencing global markets.

Feyisayo Ajayi Feyisayo Ajayi
Standard Bank share awards
BusinessHot News

Standard Bank’s Sim Tshabalala, top brass, unlock over $9 million in share awards

Standard Bank executives unlock $9.4 million in share awards as performance-linked incentives vest under long-term compensation plans.

Feyisayo Ajayi Feyisayo Ajayi
Kenya’s largest fast-food chain, Java House, linked to Aliko Dangote, expands its presence with new outlets across East Africa.
BusinessHot News

Kenya’s largest fast-food chain linked to Aliko Dangote grows to 105 outlets

Java House, linked to Aliko Dangote, grows to 105 outlets in East Africa, reflecting urban expansion and rising demand for casual dining.

Omokolade Ajayi Omokolade Ajayi
ER Group East Africa expansion
BusinessHot News

Mauritian group ER Group sets up Nairobi office, launches $21 million East Africa fund

ER Group opens Nairobi office, launches $21.3 million fund to accelerate East Africa expansion and boost international revenue growth.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu.
BusinessHot News

Nigeria’s BUA Cement pays $79 million in taxes in 2025

BUA Cement pays $79 million in 2025 taxes as profit jumps 382%, driven by revenue growth, cost discipline, and reduced FX losses.

Feyisayo Ajayi Feyisayo Ajayi
MTN Nigeria stock analysis
BusinessHot News

MTN Nigeria’s rally draws valuation concerns as recovery trade peaks

MTN Nigeria rebounds from historic loss, posting record 2025 profit, raising questions on late-cycle valuations.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTechnology

UN urges Africa to borrow, boost revenue to fund AI infrastructure gap

UN urges African governments to borrow, boost revenue, and invest in data centers and power to close the artificial intelligence infrastructure gap.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

AXIAN Energy secures $97 million financing for 60MW solar project in Senegal

AXIAN Energy secures $97 million to build a 60MW solar plant in Senegal, boosting electricity access and strengthening grid stability.

Feyisayo Ajayi Feyisayo Ajayi
Victor Abimbola Olaiya
BusinessHot News

Nigerian clergyman Victor Abimbola Olaiya’s NAHCO stake surges to $23 million

Nigerian cleric Victor Abimbola Olaiya’s NAHCO stake surges $10 million to $23 million on strong Nigerian Exchange rally.

Feyisayo Ajayi Feyisayo Ajayi
Addoha developer report 2025
BusinessHot News

Moroccan developer Addoha posts $55 million profit on strategy shift

Addoha posts $55 million profit as net income jumps 70%, signaling stronger execution and a shift to value-driven growth.

Feyisayo Ajayi Feyisayo Ajayi
MCB Group nine-month profit
BusinessHot News

MCB secures $100 million climate financing facility to drive green growth in Africa

MCB secures $100 million, 10-year climate facility to fund renewable energy and resilience projects across Africa, deepening its green finance push.

Feyisayo Ajayi Feyisayo Ajayi