Tag: Featured

Absa Kenya 2025 profit
BusinessHot News

Absa Kenya posts $177.9 million profit in 2025 amid digital growth

Absa Kenya posts $177.9 million profit in 2025, boosted by digital growth,…

Feyisayo Ajayi Feyisayo Ajayi
City Lodge Newtown hotel closure
Hot NewsLuxury

City Lodge to close Newtown hotel in Johannesburg by March 2026

City Lodge will close its 148-room Newtown hotel in Johannesburg by March…

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Kenyan Sasini Tea targets China, India as Middle East crisis hits exports

Sasini Tea shifts avocado and macadamia exports to China and India as…

Omokolade Ajayi Omokolade Ajayi
MTN IHS Towers acquisition
BusinessHot News

MTN’s $6.2 billion IHS takeover could deliver $9.2 million to Bashir Ahmad El-Rufai

Bashir Ahmad El-Rufai could earn $9.2 million if MTN Group completes its…

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Zimbabwe’s richest man Strive Masiyiwa gains $900 million; hits $2.2 billion

Strive Masiyiwa gains $900 million, pushing his net worth to $2.2 billion…

Omokolade Ajayi Omokolade Ajayi
Ngugi Kiuna Heineken lawsuit
BusinessHot News

Kenyan tycoon Ngugi Kiuna wins over $11 million court order against Heineken

Kenyan businessman Ngugi Kiuna wins major court order forcing Heineken to guarantee…

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, president of Dangote Group
BusinessHot News

Africa’s richest man Aliko Dangote loses $400 million as naira weakens

Aliko Dangote’s net worth drops by $400 million to $32.6 billion as…

Omokolade Ajayi Omokolade Ajayi
Labat Africa Mondau AI investment
BusinessHot News

Labat Africa buys $1.8 million stake in Mozambique AI firm Mondau

Labat Africa buys $1.8 million stake in Mozambique AI firm Mondau, expanding…

Feyisayo Ajayi Feyisayo Ajayi
European Investment Bank renewable energy Africa
BusinessHot News

European Investment Bank commits $1.2 billion to boost renewable energy in Africa

European Investment Bank pledges $1.2 billion to expand renewable energy and electricity…

Feyisayo Ajayi Feyisayo Ajayi
IFC $50 million ZEP-RE guarantee
BusinessHot News

IFC proposes $50 million guarantee for ZEP-RE to expand insurance coverage across Africa

IFC proposes a $50 million guarantee for ZEP-RE to boost underwriting capacity…

Feyisayo Ajayi Feyisayo Ajayi
Benson Ndeta bank fraud
BusinessHot News

Kenyan cement tycoon Benson Ndeta faces arrest over $34.8 million Absa Bank fraud

Kenyan cement executive Benson Ndeta faces arrest after court warrant over alleged…

Feyisayo Ajayi Feyisayo Ajayi
Nairobi CBD property sale
BusinessHot News

Jubilee Holdings to sell Nairobi CBD office for $15.5 million

Jubilee Holdings to sell Nairobi CBD office for $15.5 million, moving operations…

Feyisayo Ajayi Feyisayo Ajayi