Tag: Featured

Zimbabwe’s richest man Strive Masiyiwa.
BillionairesBusinessHot News

Zimbabwe’s richest man Strive Masiyiwa shares lesson from failed Nigerian investment pitch

Strive Masiyiwa shares a vital lesson on investment discipline and personal satisfaction gained from a rejected telecom pitch in Nigeria.

Omokolade Ajayi Omokolade Ajayi
NCBA model
BusinessHot News

How African entrepreneurs can build a car business empire using NCBA’s vehicle model

African entrepreneurs can build scalable auto empires with NCBA model by controlling financing, resale, and distribution across the full vehicle value chain.

Feyisayo Ajayi Feyisayo Ajayi
South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

Patrice Motsepe, Africa’s first Black billionaire, rebounds after $800 million drop

Patrice Motsepe sees a $200 million wealth rebound as mining stocks recover, lifting his net worth to $3.8 billion.

Omokolade Ajayi Omokolade Ajayi
Datatec Westcon refinancing
BusinessHot News

Datatec to pay out $434 million after $400 million Westcon refinancing deal

Datatec will return $434 million to shareholders after raising $400 million via Westcon refinancing with General Atlantic deal.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsBillionairesBusiness

Nigerian billionaire Femi Otedola takes First HoldCo shares worth over $30 million at nearly 40% discount

Femi Otedola boosts his First HoldCo stake to 20.42 percent after acquiring shares valued at over $30 million at a nearly 40 percent discount.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Mauritius’ Zafiri launches $176 million vehicle to expand energy access across sub-Saharan Africa

Zafiri launches a $176 million platform to expand electricity access across sub-Saharan Africa through distributed renewable energy investments.

Feyisayo Ajayi Feyisayo Ajayi
Absa Kenya stake increase
BusinessHot News

Absa Group targets additional 16.5% stake in Absa Kenya in $240 million deal

Absa Group will spend $240 million to lift its stake in Absa Kenya to 85%, intensifying East Africa banking competition with Nedbank-NCBA deal.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian executive Modupe Kadri.
Hot NewsBusiness

MTN Nigeria CFO Modupe Kadri lifts stake past $1.5 million with new share buy

MTN Nigeria CFO Modupe Kadri boosts his stake past $1.5 million following a new N1.03 billion share purchase on the NGX.

Omokolade Ajayi Omokolade Ajayi
Castellana Properties earnings
BusinessHot NewsLuxury

Vukile’s Castellana Properties posts record $193 million profit as Iberian portfolio tops $2.5 billion

Castellana Properties, Vukile’s Spanish arm, posts record $193 million profit as Iberian portfolio surpasses $2.5 billion in assets, driven by strong growth.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsBusiness

South African billionaire Christo Wiese’s Brait plots Virgin Active IPO in $152 million public market push

Christo Wiese's Brait backs a $152 million rights offer as Virgin Active advances IPO plans after reporting 37 percent EBITDA growth.

Omokolade Ajayi Omokolade Ajayi
The Central Bank of Nigeria.
Hot NewsBusiness

Oil exports lift Nigeria’s current account surplus to $4.98 billion in Q1 2026

Oil and gas export growth lifted Nigeria's current account surplus to $4.98 billion in Q1 2026 as refined petroleum imports plummeted.

Omokolade Ajayi Omokolade Ajayi
Kenyan banker Nancy Njau.
Hot NewsBusiness

Investors eye gains as Kenyan banker Nancy Njau leads Family Bank to $230 million listing

Nancy Njau leads Family Bank toward a $230 million NSE listing, delivering gains to investors and marking a new milestone for the Kenyan lender.

Omokolade Ajayi Omokolade Ajayi