Tag: Featured

Evening skyline of Johannesburg, South Africa, showcasing the city’s financial district and urban landscape.
Hot NewsBusiness

South Africa’s GDP rises 0.5% in Q1, but spending and investment weaken

South Africa’s economy grew 0.5 percent in Q1, beating survey estimates despite a sharp drop in consumer spending and rising fuel costs.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Abdul Samad Rabiu.
LuxuryBusinessHot News

Nigerian billionaire Abdul Samad Rabiu takes delivery of Bombardier Global 8000, world’s fastest business jet

Abdul Samad Rabiu takes delivery of Bombardier's Global 8000 jet to boost BUA Group's global business travel.

Omokolade Ajayi Omokolade Ajayi
Glencore
BusinessHot News

Glencore ties with Australia’s Larvotto as it signs 7-year gold offtake deal ahead of production

Glencore signs seven-year gold offtake deal with Australia’s Larvotto ahead of 2026 production start in New South Wales mine agreement deal

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire Tony Elumelu.
Hot NewsBillionairesBusiness

Nigerian billionaire Tony Elumelu named chairman of Seplat Energy

Tony Elumelu will become chairman of Seplat Energy in January 2027, succeeding Senator Udoma Udo Udoma.

Omokolade Ajayi Omokolade Ajayi
Tatu City stake dispute Kenya
BusinessHot News

Firm linked to Kenyan industrialist Vimal Shah loses $16 million Tatu City stake battle

Privy Council ruling clears sale of Vimal Shah-linked stake in Tatu City, ending decade-long ownership dispute.

Feyisayo Ajayi Feyisayo Ajayi
Aysha Wind Project Ethiopia
Hot NewsBusiness

Ethiopia’s $507 million Aysha Wind Project advances with IFC-proposed financing

Ethiopia nears financing for $507 million Aysha Wind project as IFC proposes up to $65 million investment in 300.2MW renewable scheme in Ethiopia.

Feyisayo Ajayi Feyisayo Ajayi
Rajabali brothers NMB Bank stake
BusinessHot News

Wealthy Rajabali brothers’ NMB Bank stake climbs to $126.4 million on stock rally

Rajabali brothers’ NMB Bank stake hits $126.4 million as shares rally on strong earnings, lifting investor confidence in Tanzania’s leading lender.

Feyisayo Ajayi Feyisayo Ajayi
World's richest person Elon Musk.
TechnologyBillionairesBusinessHot News

Google’s $30 billion deal strengthens case for Elon Musk’s SpaceX $1.77 trillion IPO

Google’s $30 billion SpaceX deal validates the metrics for Elon Musk's upcoming $1.77 trillion IPO.

Omokolade Ajayi Omokolade Ajayi
MTN Group rolls out MTN One TV
TechnologyBusinessHot News

MTN launches One TV to drive digital entertainment across Africa

MTN rolls out MTN One TV, linking its mobile network and fintech to scale digital entertainment and content monetization across Africa.

Omokolade Ajayi Omokolade Ajayi
Nigerian executive Emmanuel Omuojine.
Hot NewsBusiness

Nigerian executive Emmanuel Omuojine, an ex-PwC manager, takes helm at Rainoil

Former PwC manager Emmanuel Omuojine takes helm at Rainoil Limited to lead its massive downstream oil and gas distribution network.

Omokolade Ajayi Omokolade Ajayi
Kainji Hydro Power Plant Kainji Dam, located in Borgu LGA of Niger State.
Hot NewsBusiness

New project at Nigeria’s Kainji dam aims to stabilize power grid

Mainstream Energy begins a critical Kainji expansion to inject 220 megawatts into Nigeria's grid, targeting a reduction in blackouts.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Egyptian fintech unicorn MNT-Halan secures Al Ahly Capital backing as valuation hits $1.4 billion

MNT-Halan secures Al Ahly Capital investment, reaching $1.4 billion valuation as Egypt’s fintech sector attracts institutional capital.

Feyisayo Ajayi Feyisayo Ajayi