Tag: Featured

Standard Bank housing finance investment
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Standard Bank led by Sim Tshabalala gets $102 million to boost South Africa’s housing finance

IFC plans $102 million investment in Standard Bank bonds to expand affordable housing finance and boost South Africa’s banking resilience.

Feyisayo Ajayi Feyisayo Ajayi
Zimplats Zimbabwe solar project
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Zimplats targets $54 million Zimbabwe solar project completion by June 2027

Zimplats targets June 2027 completion of $54 million solar project, adding 45MW to boost energy security and cut grid reliance.

Feyisayo Ajayi Feyisayo Ajayi
Yas Tanzania fiber investment Zanzibar
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Malagasy businessman Hassanein Hiridjee’s Yas Tanzania targets 100,000 fiber subscribers with $114 million investment

Yas Tanzania plans $114.5 million fiber rollout in Zanzibar, targeting 100,000 subscribers to expand high-speed internet access.

Feyisayo Ajayi Feyisayo Ajayi
Jaiz Bank dividend payout 2025
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Sa’adat Mohammed bags N450 million, re-elected as Jaiz Bank unveils N150 billion capital plan

Sa’adat Mohammed secures N450.58 million ($328,626) payout, wins re-election as Jaiz Bank approves N150 billion capital raise after strong earnings.

Feyisayo Ajayi Feyisayo Ajayi
World Bank
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World Bank plans $23 million investment in Ardian carbon fund for Africa and emerging markets 

World Bank’s IFC plans $23 million investment in Ardian carbon fund targeting climate projects across Africa and emerging markets.

Feyisayo Ajayi Feyisayo Ajayi
TMG
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Saudi Arabia opens property market to foreigners, boosting Talaat Moustafa’s expansion

Saudi Arabia opens real estate to foreign buyers, unlocking demand and boosting Talaat Moustafa Group’s expansion in key cities.

Feyisayo Ajayi Feyisayo Ajayi
Mama Ngina Kenyatta
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After $2 million farmer payout, Brookside Dairy, owned by Kenya’s Kenyatta family, woos hoteliers

Kenya's largest milk processor Brookside Dairy targets the hospitality sector following a $2 million payout to local farmers.

Omokolade Ajayi Omokolade Ajayi
South African executive Ciko Thomas.
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South African executive Ciko Thomas takes $1.8 million Nedbank pay

Ciko Thomas received R29.7 million ($1.8 million) in 2025 compensation as lower short-term bonuses offset a base salary bump.

Omokolade Ajayi Omokolade Ajayi
Oceanwood
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OCI shareholder Oceanwood presses board to revise $4.7 cash offer in Orascom merger battle

Oceanwood challenges OCI’s €4.1 ($4.7) cash offer, urging a revised Orascom deal to protect minority shareholder value.

Feyisayo Ajayi Feyisayo Ajayi
Egypt’s food exports.
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Egypt’s food exports climb 7.1% to $2.43 billion in first four months of 2026

Egypt’s food exports rose 7.1 percent to $2.43 billion in the first four months of 2026, driven by a surge in demand from Spain, Saudi Arabia, and China.

Omokolade Ajayi Omokolade Ajayi
Cameroon cocoa downturn
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Cameroon’s richest woman Kate Fotso eyes gains as cocoa prices top $3.5 per kg

Cameroon cocoa prices rebound above CFA2,000 ($3.46)/kg late in season, offering modest relief to exporters, including Kate Fotso’s Telcar Cocoa.

Feyisayo Ajayi Feyisayo Ajayi
Oceanwood
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OCI Global weighs $4.7 cash offer as Orascom deal standoff deepens

OCI Global reviews NNS’ €4.1 ($4.7) cash bid as Orascom deal stalls, offering shareholders a potential exit amid governance dispute.

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