Tag: Featured

Gary Nagle, CEO of Glencore, leading the global mining and commodity trading company.
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South African executive Gary Nagle takes $7.4 million pay from Glencore in 2025

Gary Nagle received $7.47 million pay from Glencore in 2025 as profits rose and copper expansion boosted earnings.

Omokolade Ajayi Omokolade Ajayi
Orascom desalination joint venture
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Orascom Construction-led JV targets 300,000 m³/day desalination projects across Gulf, Africa

Orascom Construction-led JV targets large desalination projects across Gulf and Africa, advancing 300,000 m³/day flagship plant.

Feyisayo Ajayi Feyisayo Ajayi
Fawry acquisitions Egypt
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Egypt’s Fawry targets fintech acquisitions worth $2.4 million

Fawry is in talks to acquire $2.4 million tech firms to expand its fintech ecosystem and strengthen Egypt payments infrastructure deal push grows

Feyisayo Ajayi Feyisayo Ajayi
MTN CEO Ralph Mupita
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MTN Group CEO Ralph Mupita takes $6 million pay in 2025

MTN Group CEO Ralph Mupita's pay rose 53% to nearly $6 million in 2025 as profit rebounded to $2.8 billion on strong group performance and recovery

Feyisayo Ajayi Feyisayo Ajayi
Mohammed Indimi
BillionairesBusinessHot News

Nigerian oil tycoon Mohammed Indimi set to earn $1 million dividend in 2025

Oil tycoon Mohammed Indimi to bag $1.05 million dividend from Jaiz Bank in 2025 after strong earnings and rising shareholder payouts report.

Feyisayo Ajayi Feyisayo Ajayi
Dangote Ethiopia fertiliser expansion
BusinessBillionairesHot News

Africa’s richest man, Aliko Dangote, expands Ethiopia fertiliser bet to over $4 billion

Dangote raises Ethiopia fertiliser investment above $4 billion, expanding integrated agro-industrial production infrastructure project.

Feyisayo Ajayi Feyisayo Ajayi
Safaricom 25-year licence Kenya
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Safaricom’s licence costs rose to $127 million after securing a 25-year permit in Kenya

Safaricom pays $127 million for 25-year licence, boosting regulatory certainty and supporting long-term telecom, broadband and fintech growth.

Feyisayo Ajayi Feyisayo Ajayi
Accelerate Bosveld Mall sale cancellation
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South Africa’s Accelerate cancels $4.8 million Bosveld Mall sale after buyer withdrawal

Accelerate cancels $4.8 million Bosveld Mall sale after buyer withdraws, weighing legal action and restarting search for new investors.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire businessman and philanthropist Tony Elumelu.
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Tony Elumelu at Africa Forward Summit: “Our Youth Do Not Need Handouts”

Tony Elumelu urges equal partnerships, jobs, electricity, and infrastructure to unlock Africa’s youth potential at Africa Forward Summit.

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Credit Bank loan recovery Kenya
BusinessHot News

Kenya’s Credit Bank wins bid to sell properties tied to Mui Basin coal project

Kenya’s Credit Bank wins court approval to recover Ksh80 million ($618,529) from Mui Basin coal investors through sale of Uthiru properties, ruling says. High Court.

Feyisayo Ajayi Feyisayo Ajayi
Biggest farms Egypt
BusinessHot News

10 biggest farms in Egypt

Egypt’s largest farms span desert reclamation and Nile corridors, boosting food security, exports and agribusiness growth nationwide today.

Feyisayo Ajayi Feyisayo Ajayi
Haib copper project
BusinessHot News

Koryx Copper expands Namibia’s Haib project with strong drill results

Koryx Copper reports strong drill results at Namibia’s Haib project, expanding mineralization and advancing 2026 development studies program.

Feyisayo Ajayi Feyisayo Ajayi