Tag: Featured

Stefanutti stocks shows recovery with over $960 million order book

Stefanutti Stocks’ R15.3 billion ($960.52 million) order book and debt cut signal recovery, positioning the group for steady infrastructure growth.

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10 biggest exporters of Avocado in Africa

Africa’s avocado exports surge as Morocco overtakes Kenya, reshaping global supply chains and rural economies across the continent.

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Africa’s growth draws US, China as global powers vie for influence

Africa’s rapid growth draws the United States, China, and Russia as global powers compete for trade and influence.

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10 largest landing gear plants in Africa

Africa’s largest landing gear plants signal rising aerospace ambition, led by Morocco, South Africa and emerging hubs.

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Africa’s oldest billionaire hits $10.4 billion after $1.55 billion bid fails

Natie Kirsh adds $734 million in 2026, pushing Africa’s oldest billionaire to $10.4 billion despite $1.55 billion bid fallout.

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Nigerian billionaire Tony Elumelu backs President Tinubu on youth, power reforms

Tony Elumelu meets President Tinubu, supporting youth entrepreneurship, power sector reforms, and economic growth in Nigeria.

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10 African countries with recent power projects to fix grid challenges

Africa tackles grid instability with over $15 billion in power projects, boosting renewables, hydro, gas, and transmission for industrial growth.

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IBL Group revenue hits $1.5 billion as regional diversification drives growth

IBL Group posts $1.5 billion revenue as regional diversification boosts profit and cuts net debt, driven by retail and overseas operations.

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Vukile targets more Spain, South Africa deals after $127 million Berceo mall buy

Vukile expands in Spain and South Africa after $127 million Berceo mall acquisition, targeting high-yield retail assets and strong tenants.

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Africa’s first Black billionaire recovers $100 million after $400 million drop

Africa’s first Black billionaire Patrice Motsepe rebounds $100 million after a $400 million drop, boosted by gold and mining stakes.

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Meet the 10 richest Cameroonians and their business empires

Cameroon’s richest tycoons built industrial empires spanning banking, telecoms, agriculture and food security across Central Africa.

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How Namibia’s free university education challenges Africa

Namibia launches free university education in 2026, boosting youth skills, human capital, and long-term economic growth.

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