Tag: Featured

Fawry acquisitions Egypt
BusinessHot News

Egyptian tech mogul Ashraf Sabry’s Fawry posts $32.3 million profit in H1 2026

Fawry posts a 28.9% rise in H1 2026 profit to $32.4 million, driven by revenue growth, digital adoption and expanding financial services.

Feyisayo Ajayi Feyisayo Ajayi
Benedicte Janine Kacou Diagou
BusinessHot News

Bénédicte Janine Kacou Diagou, Ivorian heiress helping steer NSIA, her father’s multibillion-dollar empire

Bénédicte Janine Kacou Diagou has helped build NSIA into a major African financial group while shaping the next generation of her family empire.

Feyisayo Ajayi Feyisayo Ajayi
Elsie Enninful-Adu
BusinessHot News

Republic Bank Ghana appoints Elsie Enninful-Adu to board as non-executive director

Republic Bank Ghana appoints Elsie Enninful-Adu as non-executive director, strengthening its board with more than 30 years of financial expertise.

Feyisayo Ajayi Feyisayo Ajayi
Raya Holding Ostool deal
BusinessHot News

Egypt’s Raya Holdings sees profit slip below $15 million in H1 2026

Raya Holding’s H1 2026 profit fell 17.1% to $14.7 million despite a 21.6% revenue surge, as higher operating costs pressured margins.

Feyisayo Ajayi Feyisayo Ajayi
Koné Dossongui
BusinessHot News

Meet Koné Dossongui: Ivorian founder of Atlantic Group, pan-African empire across banking, industry, mining

Ivorian entrepreneur Koné Dossongui built Atlantic Group into a Pan-African empire spanning banking, industry, mining and strategic African assets.

Feyisayo Ajayi Feyisayo Ajayi
ODE
BusinessHot News

Egyptian billionaire Samih Sawiris’ ODE posts $63 million profit in H1 2026

Egyptian billionaire Samih Sawiris’ ODE posted $63 million profit in H1 2026, with revenue rising 28.5% on real estate and hotel growth.

Feyisayo Ajayi Feyisayo Ajayi
Kabwe
BusinessHot News

Shuka Minerals discovers new zinc, copper and vanadium orebody at Zambia’s Kabwe mine

Shuka Minerals has discovered a new high-grade zinc, copper and vanadium orebody at Zambia’s Kabwe mine, adding to its resource expansion potential.

Feyisayo Ajayi Feyisayo Ajayi
Standard bank Group and CEO Sim Tshabalala
Hot NewsBusiness

Standard Bank led by Sim Tshabalala posts $1.61 billion headline earnings in H1 2026

Standard Bank, led by Sim Tshabalala, posted record H1 2026 headline earnings of $1.61 billion, up 10% on stronger revenue and lower credit losses.

Feyisayo Ajayi Feyisayo Ajayi
Jumia
TechnologyHot News

World Bank invests $25 million in Jumia to bolster Africa’s e-commerce growth

IFC proposes a $25 million equity investment in Jumia to accelerate e-commerce growth, strengthen digital infrastructure and support profitability.

Feyisayo Ajayi Feyisayo Ajayi
Inwi
Hot NewsTechnology

Inwi, telecom arm of Morocco’s Al Mada, partners with Huawei to improve transport-route coverage 

Inwi partners with Huawei to improve network coverage and service quality across Morocco’s major transport routes, including railways and highways.

Feyisayo Ajayi Feyisayo Ajayi
Desmond de Beer Lighthouse dividend
BusinessHot News

South African tycoon Des de Beer’s Resilient posts $124 million revenue in H1 2026

Resilient REIT, co-founded by South African tycoon Des de Beer, reported $124 million in revenue in H1 2026, up 3.4% year on year.

Feyisayo Ajayi Feyisayo Ajayi
LuxuryBusinessHot News

Transcorp Hilton Abuja adds padel courts as hotel expands leisure offering

Transcorp Hilton Abuja has added new padel courts as Transcorp Hotels expands its leisure offering.

Omokolade Ajayi Omokolade Ajayi