Tag: Featured

South African billionaire Patrice Motsepe.
BillionairesBusinessHot News

South African billionaire Patrice Motsepe to receive $27.1 million dividend

Patrice Motsepe will receive $27.1 million as African Rainbow Minerals pays a higher interim dividend after strong earnings growth.

Omokolade Ajayi Omokolade Ajayi
MNT-Halan debt program
BusinessHot News

MNT-Halan targets debt program worth over $570 million

Egyptian fintech MNT-Halan plans a $572 million debt program to fund expansion across Egypt, Turkey, Pakistan and the UAE.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Africa’s largest insurer, Sanlam, bets on India to drive future growth

Sanlam, Africa's largest insurer, bets on India as a major growth engine, aiming to surpass South Africa in future earnings.

Omokolade Ajayi Omokolade Ajayi
Orchidia Pharmaceutical
BusinessHot News

SPE Capital invests in Egypt’s Orchidia to expand ophthalmic drug production

SPE Capital and development finance partners invest in Egypt’s Orchidia Pharmaceutical to expand eye-care drug production and accelerate regional exports.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Nigerian billionaire Tony Elumelu backs African entrepreneurs with $100 million over 15 years

Nigerian billionaire Tony Elumelu has invested over $100 million in African startups over 15 years, supporting 24,000 entrepreneurs.

Omokolade Ajayi Omokolade Ajayi
world’s most important maritime chokepoints
BusinessHot News

20 world’s most important maritime chokepoints, like the Strait of Hormuz

Twenty strategic maritime chokepoints, from the Strait of Hormuz to Malacca, carry the bulk of global oil, cargo and trade flows.

Feyisayo Ajayi Feyisayo Ajayi
Johann Rupert, chairman of Richemont and Remgro Limited.
BusinessHot News

South Africa’s richest man faces $2.2 billion loss amid global unrest

South Africa’s richest man, Johann Rupert, loses $2.22 billion as Richemont shares slide amid global unrest.

Omokolade Ajayi Omokolade Ajayi
Fertiglobe 2025 dividend payout
BusinessHot News

Fertiglobe approves $260 million dividend payout for 2025 after strong earnings

Fertiglobe, backed by Abu Dhabi National Oil Company, approves $260 million 2025 dividends, lifting total capital returns to $334 million after strong earnings growth.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Nigerian Breweries partners to launch food-grade rPET facility in Ogun State

Nigerian Breweries joins partners to launch food-grade rPET facility in Ogun State, advancing recycling and sustainability in Nigeria.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Pareto secures full control of Sandton Convention Centre after Southern Sun exits $66 million deal

Pareto secures full ownership of Sandton Convention Centre and two hotels after Southern Sun exits the 66 million deal with Liberty.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigerian billionaires Elumelu, Rabiu meet Macron to strengthen Africa-France ties

Elumelu and Rabiu meet Macron at Élysée Palace to strengthen investment and trade ties between France and Africa.

Omokolade Ajayi Omokolade Ajayi
Global billionaires investing in Africa
BusinessExclusiveHot News

Top 15 global billionaires investing billions across Africa

Global billionaires including Elon Musk, Jeff Bezos, and Bill Gates are investing billions across Africa’s tech, infrastructure, and development sectors.

Feyisayo Ajayi Feyisayo Ajayi