Tag: Featured

Mama Ngina Kenyatta
Hot NewsBusiness

Brookside Dairy, owned by Kenya’s Kenyatta family, pays farmers $2 million

Brookside Dairy pays farmers KSh255 million ($2 million) under an incentive program tied to milk quality and output improvement.

Omokolade Ajayi Omokolade Ajayi
Victoria Falls Hotel stake sale
LuxuryHot News

Zimbabwe’s Meikles revives Victoria Falls Hotel stake sale 6 months after reversal

Meikles Limited plans to sell its 50% Victoria Falls Hotel stake, signaling strategic shift toward retail focus and governance tensions.

Feyisayo Ajayi Feyisayo Ajayi
MTC financial results H1 2026
BusinessHot NewsTechnology

MTC, Namibia’s largest mobile operator, posts $31 million profit in H1 2026

MTC reported $31 million H1 2026 profit as prepaid, roaming and enterprise growth lifted revenue 7.1% to $118.11 million in Namibia report.

Feyisayo Ajayi Feyisayo Ajayi
Eskom Group CEO Dan Marokane speaking at Eskom launch event.
BusinessHot News

Eskom rolls out Eskom Green to expand renewable power and grid stability  

Eskom Green renewable energy expands South Africa grid stability, scaling utility-scale solar, wind and storage for industries.

Timilehin Adejumobi Timilehin Adejumobi
Morocco textile recycling investment
BusinessHot News

IFC-backed Morocco textile recycling pilot signals $1.9 billion investment opportunity

IFC-backed Morocco textile recycling pilot shows $1.9 billion investment potential, proving large-scale viability and job creation prospects.

Feyisayo Ajayi Feyisayo Ajayi
South African packaged foods giant Tiger Brands Limited.
Hot NewsBusiness

Tiger Brands boosts solar rollout across seven plants as energy costs rise

Tiger Brands expands solar power across seven factories in South Africa to cut costs, reduce grid dependence, and boost renewable energy use toward 2030 targets.

Omokolade Ajayi Omokolade Ajayi
Nigerian agri-tech financing
TechnologyHot News

Proparco backs Agriarche Limited with funding to scale Nigerian agri-tech platform

Proparco backs Agriarche Limited to scale its Kasuwa platform, boosting digital access, finance and markets for Nigerian smallholder farmers.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian banker Segun Agbaje, CEO of GTCO.
BusinessHot News

Nigerian banker Segun Agbaje’s GTCO and PepsiCo holdings climb to $6.1 million

Segun Agbaje’s holdings in GTCO and PepsiCo climb above $6.1 million, driven by gains in banking and global consumer stocks.

Omokolade Ajayi Omokolade Ajayi
Sean Summers salary 2026
BusinessHot News

South African retail veteran Sean Summers bags $3.4 million pay in 2026 amid Pick n Pay’s turnaround push

Sean Summers earned $3.4 million total pay in 2026 as Pick n Pay advances turnaround, with Boxer growth offsetting supermarket losses pressure.

Feyisayo Ajayi Feyisayo Ajayi
Jim Ovia, founder of Zenith Bank.
Hot NewsBusinessLuxury

Nigerian banker Jim Ovia says real estate beats banking, doubles down on luxury Lagos towers

Jim Ovia pivots from banking to luxury Lagos real estate, investing in high-end towers priced up to $2.8 million for wealthy buyers and diaspora investors.

Omokolade Ajayi Omokolade Ajayi
Indorama phosphate fertilizer project
BusinessHot News

Egypt’s $520 million fertilizer plant attracts $174 million debt package from IFC

Egypt’s $520 million fertilizer plant secured potential $174 million IFC debt package to expand phosphate output and boost exports in Ain Sokhna, Egypt region

Feyisayo Ajayi Feyisayo Ajayi
Omnia Holdings earnings growth
BusinessHot News

South Africa’s Omnia Holdings posts $83 million profit as agriculture, mining drive growth

Omnia Holdings posts 25% profit growth as Agriculture and Mining drive earnings, while Chemicals rebounds on restructuring.

Feyisayo Ajayi Feyisayo Ajayi