Tag: Featured

Swiss billionaire heiress Princess Nina Flohr builds Mozambique’s Kisawa Sanctuary into a luxury model

Swiss billionaire heiress Princess Nina Flohr reshapes Mozambique tourism with Kisawa Sanctuary, a sustainable ultra-luxury resort in Africa. region.

Feyisayo Ajayi Feyisayo Ajayi

Sun International expands African gaming footprint with Namibia launch of SunBet

Sun International will launch SunBet in Namibia, expanding its African digital gaming footprint as online betting demand grows across Africa. across Africa.

Feyisayo Ajayi Feyisayo Ajayi

Over 100 employees promoted as African fintech giant, Flutterwave, hits $40 billion milestone

Flutterwave promotes over 100 staff as it surpasses $40 billion in payments and expands global fintech infrastructure.

Omokolade Ajayi Omokolade Ajayi

ABB Egypt upgrades Dekheila Port with smart crane modernization to boost logistics efficiency

ABB Egypt completed a smart crane modernization at Dekheila Port, boosting efficiency, reliability and predictive maintenance capabilities in Egypt.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian billionaire Abdul Samad Rabiu loses $906 million in 24 hours as BUA Cement shares slide

Abdul Samad Rabiu loses $906 million as BUA Cement shares fall, trimming gains after a strong rally and record dividend payout.

Omokolade Ajayi Omokolade Ajayi

Zimbabwean investor John Moxon drives Meikles diversification across retail, hospitality and agriculture

John Moxon steers Meikles’ diversification into retail, hospitality and agriculture, reinforcing its position as a leading Zimbabwean conglomerate.

Feyisayo Ajayi Feyisayo Ajayi

Egyptian real estate firm Madinet Masr’s profit fell below $15 million in Q1 2026

Madinet Masr profit fell 14.1% to $13.11 million in Q1 2026 as revenue rose 7.4% and margins eased amid stronger unit deliveries with profit margin pressure

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s Talaat Moustafa secures Iraq license, targets $18.8 billion Baghdad mega project

Egypt’s Talaat Moustafa secures Iraq license, advancing $18.8 billion Baghdad project with 43,000 homes and long-term revenue potential.

Feyisayo Ajayi Feyisayo Ajayi

South Africa gasoline prices hit record with relief rollback

South Africa’s gasoline prices rise to a record as fuel relief measures are rolled back amid Middle East conflict and rising global oil costs.

Omokolade Ajayi Omokolade Ajayi

African electric mobility firm Spiro raises $215 million, nears $1 billion valuation

Spiro raises $215 million, nears a $1 billion valuation, and expands electric motorcycle and battery-swapping operations across Africa.

Omokolade Ajayi Omokolade Ajayi

Standard Bank’s Lwazi Bam assumes MTN risk leadership role today as telecom advances its 2030 strategy

MTN Group named Standard Bank executive Lwazi Bam chief risk officer, strengthening governance as it advances Ambition 2030 strategy plan.

Feyisayo Ajayi Feyisayo Ajayi

Property linked to Kenyan businessman Edwin Dande finally faces auction

Kenyan courts have cleared auction of Edwin Dande-linked Cytonn property after lenders moved to recover over in unp$7.7 million aid debt rulings.

Feyisayo Ajayi Feyisayo Ajayi