Tag: Featured

Abena Osei-Poku, managing director of Ecobank Ghana
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Meet Abena Osei-Poku: Ghanaian banker behind billion-dollar lender, Ecobank Ghana

Abena Osei-Poku leads Ecobank Ghana, driving steady asset growth, profit gains, efficiency, and regional banking strategy across West Africa.

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Egyptian fintech startup, Blnk
TechnologyBusinessHot News

Egyptian fintech startup, Blnk, raises $37 million to scale AI-driven consumer lending

Blnk raises $37 million in equity and debt to expand point-of-sale consumer credit and drive financial inclusion.

Omokolade Ajayi Omokolade Ajayi
Africa’s first Black billionaire Patrice Motsepe.
BillionairesBusinessHot News

Africa’s first Black billionaire Patrice Motsepe loses $800 million in under five months

Patrice Motsepe loses $800 million in under five months as Harmony Gold and ARM shares tumble on the JSE amid a broader precious metals retreat.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Tony Elumelu, with United Capital CEO Peter Ashade and other executives of the company
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Nigeria’s United Capital enters East Africa, clinches operating licenses in Ethiopia, Rwanda

United Capital enters Ethiopia and Rwanda, becoming the first foreign investment bank permitted to handle investment banking services in Ethiopia.

Omokolade Ajayi Omokolade Ajayi
Aliko Dangote, Africa’s richest man and founder of the Dangote Group
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Aliko Dangote’s net worth nears $40 billion as refinery eyes $50 billion IPO

Aliko Dangote’s wealth nears $40 billion as a planned $50 billion refinery IPO draws strong global investor interest and massive capital requests.

Omokolade Ajayi Omokolade Ajayi
Tazi family stake loss
BusinessHot News

Morocco’s Tazi family sees $514 million stake decline as Sothema shares plunge ahead of AGM

Morocco’s Tazi family lost about $514 million as Sothema shares plunged ahead of June 2026 AGM in Casablanca as stock rout deepens pressure builds

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Ahmed El-Sewedy, President and CEO of Elsewedy Electric
BusinessHot News

Egyptian tycoon Ahmed El-Sewedy bags $19 million dividend in 2025

Ahmed El-Sewedy bags about $18.6 million dividend from Elsewedy Electric after $74.5m payout, boosted by strong 2025 earnings growth profit rises.

Feyisayo Ajayi Feyisayo Ajayi
UBA Wins 2026 Banker Technology Award for AI Innovation, Launches Upgraded Mobile App
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UBA Wins 2026 Banker Technology Award for AI Innovation, Launches Upgraded Mobile App

UBA wins the 2026 Banker Technology Award for AI-driven cross-border payments and launches its newly upgraded RedApp mobile banking application.

Editorial Team Editorial Team
Hilton Schlosberg Monster Beverage growth
BusinessBillionairesHot News

South African-born Hilton Schlosberg powers Monster Beverage’s $88 billion global rise

Hilton Schlosberg drives Monster’s rise from juice maker to $88 billion energy drink powerhouse with global reach.

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L-R: Nnamdi Azubuike, AVP, Corporate Finance & Commercial Operations, and Pascal Eva, VP, Finance, Heirs Energies, at the EMEA Finance Project Finance Awards 2026 in London, where the company’s landmark US$750 million financing transaction was recognised as Best Oil & Gas Deal of the Year.
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Heirs Energies’ $750 million financing named best oil & gas deal of the year

Heirs Energies wins Best Oil and Gas Deal of the Year for its landmark $750 million financing, advancing long-term African energy security.

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Ethiopian Airlines Group.
Hot NewsBillionairesBusiness

Ethiopian Airlines plots 25-jet expansion plan, following $4.4 billion first-half revenue

Ethiopian Airlines plans to buy 25 regional commercial jets following a record $4.4 billion first-half revenue performance.

Omokolade Ajayi Omokolade Ajayi
Ora League naming rights
SportsHot News

Ora Egypt rebrands Egyptian Premier League as “Ora League” in 4-year sponsorship deal

ORA Developers, led by Naguib Sawiris, signs four-year deal to rebrand Egypt’s top football league as the Ora League under new sponsorship deal

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