Tag: Featured

How African billionaires use debt
BusinessHot News

How wealthy Africans use debt to build and multiply wealth

African billionaires deploy structured debt to scale assets, boost market share and compound wealth through disciplined, revenue-backed borrowing.

Feyisayo Ajayi Feyisayo Ajayi
MNT-Halan debt program
BusinessHot News

Tasaheel, MNT Halan’s arm, plans $189 million sukuk issuance in 2026

MNT-Halan’s Tasaheel plans a $189 million sukuk in 2026 to expand Sharia-compliant SME lending, backed by Egypt’s leading state and private banks.

Feyisayo Ajayi Feyisayo Ajayi
Marriott Intl Cape Town Edition
LuxuryTourism

The Cape Town EDITION Hotel: Marriott’s Luxury launch in 2026

The Cape Town EDITION brings 142 rooms, a rooftop bar, and spa to Africa’s luxury hotel scene.

Timilehin Adejumobi Timilehin Adejumobi
Naspers maintains Africa’s largest market value
BusinessHot News

Naspers is still Africa’s most valuable firm at $53 billion following the October stock split

Naspers retains Africa’s top spot at $53 billion after October stock split, affirming its global tech and media dominance.

Feyisayo Ajayi Feyisayo Ajayi
Bauxite mining in Guinea
BusinessHot News

Bauxite miner Axis files $29 billion lawsuit against Guinea

Axis International has filed a $29 billion arbitration claim after Guinea revoked its bauxite mining permit earlier this year.

Timilehin Adejumobi Timilehin Adejumobi
Alphamin DR Congo mining accident
BusinessHot News

Mauritius-based miner Alphamin suspends DR Congo operations after fatal accident

Alphamin halted Mpama South mining after a fatal blasting accident in DR Congo, spotlighting safety risks and regulatory scrutiny in Africa’s extractive sector.

Feyisayo Ajayi Feyisayo Ajayi
Dangote Cement
BusinessHot News

10 biggest cement producers in Africa

Africa’s cement boom reflects rapid urbanization, infrastructure spending and housing demand, led by Dangote, Holcim and state-backed producers.

Feyisayo Ajayi Feyisayo Ajayi
Euwen Textiles expands in Morocco
BusinessHot News

Euwen Textiles starts $154 million textile factory in Morocco

Euwen Textiles launches $154 million factory in Fez, Morocco, creating 7,000 jobs and boosting regional textile exports by 2026.

Feyisayo Ajayi Feyisayo Ajayi
Hilton Africa expansion
BusinessHot NewsLuxury

Hilton enters Togo, adds Morocco and Congo in DoubleTree Africa push

Hilton expands in Africa with three new DoubleTree hotels in Togo, Morocco, and Congo, boosting business and leisure travel.

Feyisayo Ajayi Feyisayo Ajayi
Biggest pasta producers in Africa
BusinessHot News

Africa’s 10 largest pasta producers ranked by capacity

Africa’s pasta market is dominated by North Africa and Nigeria, where scale, wheat integration and energy access drive industrial production leadership.

Feyisayo Ajayi Feyisayo Ajayi
Top African countries with billionaires
BusinessHot News

Top 5 African countries with the most billionaires

Africa’s billionaire wealth is concentrated in five countries where industry, finance and scale create durable fortunes worth over $115 billion.

Feyisayo Ajayi Feyisayo Ajayi
African-owned electric companies
BusinessHot News

7 leading African-owned electric companies powering the continent

African-owned electric companies are reshaping power generation, manufacturing and distribution, driving energy access, jobs and capital retention across the continent.

Feyisayo Ajayi Feyisayo Ajayi