Tag: Featured

Hassan Allam
BusinessHot News

Hassan Allam-led JV wins $490 million Saudi museum contract

Hassan Allam JV wins $490M Diriyah contract for Saudi Museum of Contemporary Art, advancing Vision 2030 cultural diversification goals.

Feyisayo Ajayi Feyisayo Ajayi
Proparco Axian partnership deal
TechnologyHot News

Malagasy businessman Hassanein Hiridjee signs $351 million Proparco deal for Africa infrastructure push

Axian Group signs $351 million partnership with Proparco to expand Africa’s digital infrastructure, energy access, broadband and data centers deal pact

Feyisayo Ajayi Feyisayo Ajayi
Ecobank DRC SME financing BII facility
BusinessHot News

Ecobank DRC secures $30 million BII facility to boost SME financing

Ecobank DRC secures $30 million BII facility to expand SME lending, easing credit access and supporting growth across key sectors.

Feyisayo Ajayi Feyisayo Ajayi
TechnologyBusinessHot News

Amid $100 million expansion plan, Redtech ranks among Africa’s fastest-growing companies

Redtech, backed by Tony Elumelu, ranks among Africa’s fastest-growing fintech firms amid expansion into 29 countries.

Omokolade Ajayi Omokolade Ajayi
Patrick Schegg CRDB Bank dividend
BusinessHot News

Swiss-Tanzanian investor Patrick Schegg set for $1.8 million CRDB Bank dividend

Patrick Schegg set for $1.8 million payout as CRDB Bank raises dividend 38% on strong 2025 earnings and sustained customer growth.

Feyisayo Ajayi Feyisayo Ajayi
Vilakazi and others
ExclusiveBusiness

10 female CEOs redefining Africa’s banking industry

Meet 10 female CEOs leading Africa’s top banks, driving digital banking, profits, financial inclusion and regional expansion.

Timilehin Adejumobi Timilehin Adejumobi
MTN Group Q1 2026 revenue
BusinessHot News

Ralph Mupita leads MTN to $3.4 billion revenue in Q1 2026 as Nigeria, Ghana drive growth

MTN posts $3.4 4 billion in Q1 2026 revenue as Nigeria, Ghana fuel growth, driven by data, fintech and rising subscriber expansion.

Feyisayo Ajayi Feyisayo Ajayi
Prosus wins more time for Delivery Hero sale
TechnologyBusinessHot News

Prosus, led by South African billionaire Koos Bekker, targets $3.6 billion Just Eat revenue

Prosus, led by South African billionaire Koos Bekker, targets $3.6 billion revenue from Just Eat within a year as it streamlines operations.

Omokolade Ajayi Omokolade Ajayi
MCB AXIAN Energy financing Africa
BusinessHot News

MCB, 15 banks join Proparco to close Africa’s $50 billion agri-finance gap

Proparco and 16 lenders launch Africa AgriTrade Coalition to bridge $50 billion trade finance gap, boosting food supply chains.

Feyisayo Ajayi Feyisayo Ajayi
Isyaku Abdulsamad “Khalifa” Rabiu.
Hot NewsBillionairesBusiness

Abdul Samad Rabiu’s son, Khalifa’s BUA Foods stake tops $300 million

BUA Foods' valuation lifts Khalifa Rabiu’s 473,628,201 share stake above $300 million amid a 21 percent rally on the Nigerian Exchange.

Omokolade Ajayi Omokolade Ajayi
Africa’s first Black billionaire Patrice Motsepe.
Hot NewsBillionairesBusiness

Africa’s first Black billionaire Patrice Motsepe says partnerships boost South Africa’s mining sector

Africa’s first Black billionaire Patrice Motsepe says public-private partnerships are improving South Africa’s mining output and investor confidence.

Omokolade Ajayi Omokolade Ajayi
Ecobank Proparco agricultural financing
BusinessHot News

Ecobank gets $353 million deal to boost African agriculture, women entrepreneurs

Ecobank secures $353 million Proparco-backed financing to boost African agriculture and expand support for women-led businesses.

Feyisayo Ajayi Feyisayo Ajayi