Tag: Featured

OCI Global 2025 revenue
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Egypt’s Orascom Construction signs 900 MW wind power deal in Egypt with ENGIE, Aeolus

Orascom, ENGIE, and Aeolus sign 900 MW wind deal in Egypt, boosting renewable capacity and long-term clean energy growth.

Feyisayo Ajayi Feyisayo Ajayi
Kenya Airways airline operations during 2025 financial results period.
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Kenya Airways posts $132 million 2025 loss as aircraft shortages hit Africa routes

Kenya Airways posts $132 million 2025 loss as aircraft shortages cut capacity, revenue and key Africa routes.

Omokolade Ajayi Omokolade Ajayi
Datatec Logicalis Germany acquisition
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South Africa’s Datatec expands European footprint with Poland acquisition

Datatec expands in Europe as Logicalis Germany acquires NetworkedAssets, strengthening engineering and Poland market entry.

Feyisayo Ajayi Feyisayo Ajayi
IFC MSME financing Africa
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IFC targets women-led MSMEs through Simone Tiemtoré’s banking arms in Guinea and Burkina Faso

IFC launches $600,000 advisory project to boost MSME lending and financial inclusion in Guinea and Burkina Faso.

Feyisayo Ajayi Feyisayo Ajayi
Zimbabwe land reform 2050
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Zimbabwe pushes land reform to unlock $258 billion economic potential by 2050

Zimbabwe advances land reform to unlock $258 billion economic potential, issuing bankable title deeds to 360,000 farmers.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Fuel scarcity hits Kenya as Iran war disrupts shipments

Fuel scarcity hits Kenya as the Iran war disrupts Gulf oil supplies, affecting independent retailers and East African markets.

Omokolade Ajayi Omokolade Ajayi
MCB wins awards for $400 million energy deal
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MCB wins top African finance awards for $400 million Karpowership deal

MCB wins top African finance awards for a $400 million Karpowership deal, boosting its role in energy and infrastructure financing.

Feyisayo Ajayi Feyisayo Ajayi
Partech backs littlefish to scale SME banking
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Partech leads about $10 million investment in South Africa’s fintech to scale Africa’s merchant banking

Partech leads $9.5 million investment in littlefish to scale merchant banking infrastructure for SMEs across Africa.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Abdul Samad Rabiu
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Nigerian billionaire Abdul Samad Rabiu’s liabilities exceed $3 billion

Nigerian billionaire Abdul Samad Rabiu’s miscellaneous liabilities top $3 billion, adjusting his net worth to $14.3 billion.

Omokolade Ajayi Omokolade Ajayi
James Mwangi Equity Group stake
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Kenyan banker James Mwangi to earn $5.7 million dividend from Equity Group

Kenyan banker James Mwangi will receive a $5.7 million dividend as Equity Group reports rising profits and regional growth.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria moves to capitalize on oil surge amid global supply tensions

Nigeria plans to boost oil production amid global supply tensions, aiming to increase output and benefit from rising crude prices.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

ADvTECH’s Africa expansion lifts operating profit past $120 million in 2025

ADvTECH Group, Africa’s largest private education provider, reported its strongest results to date, crossing the $120 million mark in operating profit for the year ended Dec. 31, 2025. The company said operating profit rose 14 percent to R2.04 billion ($120.7 million), up from R1.8 billion ($106.5 million) a year earlier, as steady enrollment gains and measured fee increases supported growth…

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