Tag: Featured

Beninese-Gabonese oil billionaire Samuel Dossou-Aworet
Hot NewsBillionairesBusiness

Beninese-Gabonese oil mogul Samuel Dossou-Aworet’s Aradel stake nears $500 million as shares rally on NGX

Samuel Dossou-Aworet’s Aradel stake nears $500 million as shares rally on the Nigerian Exchange driven by strong earnings and rising valuation.

Omokolade Ajayi Omokolade Ajayi
Sub-Saharan energy lending
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Oikocredit joins $6.25 million first close of clean energy lending vehicle for Sub-Saharan Africa

Impact investor Oikocredit joins $6.25 million first close of Hummingbird One, a clean energy lending fund targeting Sub-Saharan Africa. deal

Feyisayo Ajayi Feyisayo Ajayi
Gold nuggets.
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Ghana set to ramp up gold purchases as mining rules tighten for foreign firms

Bank of Ghana to buy 30 percent of miners’ gold output from June 1 to boost reserves, stabilize currency, and expand local refining.

Omokolade Ajayi Omokolade Ajayi
Afrotopia private equity Africa
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Cameroonian investor Fabrice Ndjodo builds Afrotopia into rising force in African private equity

Cameroonian investor Fabrice Ndjodo is building Afrotopia into a rising African private equity force through cross-border deals and patient capital.

Feyisayo Ajayi Feyisayo Ajayi
Kenya Airways’ financial strain deepens after $65 million interest default.
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Kenya Airways’ financial strain deepens after $65 million interest default, $132 million loss

Kenya Airways defaults on $65.6 million interest payment as losses widen, liabilities rise, and operational pressures deepen despite government support.

Omokolade Ajayi Omokolade Ajayi
Nigerian billionaire Tony Elumelu.
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Nigerian billionaire Tony Elumelu set for $10.8 million Seplat dividend payout

Tony Elumelu is set to receive $10.84 million in Seplat dividends as the company boosts payouts amid stronger Q1 2026 earnings.

Omokolade Ajayi Omokolade Ajayi
Rose Ada Okwechime investments
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Nigerian mortgage banker Rose Ada Okwechime bags N173 million dividend in 2025

Rose Ada Okwechime earns N173 million dividend from Abbey Mortgage Bank 2025 payout after strong earnings and AGM approval in Lagos lender reporting

Feyisayo Ajayi Feyisayo Ajayi
Women employment Tanzania
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IFC launches $1.14 million Ajira Sawa program to expand women’s jobs in Tanzania 

IFC launches $1.14 million Ajira Sawa program in Tanzania to boost women's jobs, leadership and entrepreneurship across key sectors, rollout phase.

Feyisayo Ajayi Feyisayo Ajayi
Baobab MSME financing Africa
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World Bank to provide $8 million loan to Baobab units to expand women-led financing in DRC, Mali

World Bank’s IFC plans $8 million loans to Baobab units, expanding MSME credit and women-led financing across DRC and Mali markets.

Feyisayo Ajayi Feyisayo Ajayi
Vista Bank IFC loan
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Vista Bank Burkina Faso to get $20 million IFC-backed loan to expand SME financing

Vista Bank Burkina Faso will receive up to $20 million IFC-backed financing to expand SME lending, especially women-led businesses in Burkina Faso

Feyisayo Ajayi Feyisayo Ajayi
Coris Bank Chad
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Coris Bank Senegal, owned by Idrissa Nassa’s group to get $25 million for MSME lending 

Coris Bank Senegal may secure $25 million IFC loan to boost MSME lending, expand access for small businesses and women entrepreneurs.

Feyisayo Ajayi Feyisayo Ajayi
Tantalizers Plc restaurant outlet in Nigeria.
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Tantalizers to acquire Nigeria’s largest indigenous fisheries group, expands beyond fast food roots

Tantalizers Plc expands beyond quick service restaurants, signing deal to acquire Karflex Fisheries to boost seafood production and exports.

Omokolade Ajayi Omokolade Ajayi