Tag: Featured

Asante Gold extends $100 million funding deadline to September 2026

Asante Gold extends its $100 million funding deadline to Sept. 30, giving the Ghana-focused producer more time to secure new financing.

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Mantengu Mining moves to sell Sublime Technologies after Eskom tariff delay

Mantengu Mining plans to sell Sublime Technologies after Eskom tariff delays made operations financially unsustainable.

Feyisayo Ajayi Feyisayo Ajayi

South African-born tycoon Barry Stuhler retires from Resilient board after decades in property

South African-born property tycoon Barry Stuhler retires from Resilient’s board after decades shaping the country’s listed real estate sector.

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UBA welcomes Emmanuel Nnorom as new chair after Tony Elumelu’s 12-year tenure

UBA appoints Emmanuel Nnorom as Group Chairman after Tony Elumelu retires, bringing four decades of banking and corporate leadership experience.

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Tharina Botes: South African-born model crowned Miss Universe Thailand 2026

South African-born Tharina Botes wins Miss Universe Thailand 2026 after a decade in pageantry, earning a place at the global Miss Universe.

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Efora Energy avoids provisional liquidation as South African court strikes application

Efora Energy avoids provisional liquidation after a South African court strikes Seodi Coal’s application, but funding challenges remain unresolved.

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Egypt’s Swvl raises $13 million in investment led by Sawiris-backed Coefficient

Swvl raises $13 million, led by Sawiris-backed Coefficient, as the Egyptian mobility company expands its U.S. operations.

Omokolade Ajayi Omokolade Ajayi

Meet Mashale Phumaphi: Botswana investment banker behind Shumba Energy’s rise

Mashale Phumaphi built Shumba Energy from a coal venture into a diversified power business and now leads Botswana’s renewable-energy push in Africa.

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MTN considers banking licences to take on lenders across Africa

MTN Group plans to secure full banking licences across Africa to accept deposits, lend directly, and rival traditional commercial lenders.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote’s refinery sets record as Nigerian fuel exports to Europe rise 767%

Aliko Dangote’s refinery drives a 767% jump in Nigerian fuel shipments to Europe as the company plans a $17 billion expansion in Kenya.

Omokolade Ajayi Omokolade Ajayi

Egyptian businessman Sadek El-Sewedy’s stake in Elsewedy Electric nears $1.4 billion

Egyptian businessman Sadek El-Sewedy’s Elsewedy Electric stake nears $1.4 billion after shares surge more than 60% on the Egyptian Exchange.

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Kenya Airways loss widens to $124 million in H1 2026 as fuel costs surge

Kenya Airways’ H1 2026 loss widened to $124 million as fuel costs, supply constraints and reduced fleet capacity further pressured earnings.

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