Tag: Featured

Digital banking Egypt 2026
BusinessHot News

CIB plans $300 million digital bank to serve Egypt’s retail, MSMEs by 2027

CIB invests $300 million to launch a digital bank, targeting Egypt’s retail and MSME sectors by 2026–2027.

Feyisayo Ajayi Feyisayo Ajayi
Exclusive

Lihaxa is rethinking health emergencies and out-of-pocket surprises

Lihaxa is building an AI-powered virtual clinic that tackles health emergencies, hidden costs, and care access gaps across underserved markets.

Editorial Team Editorial Team
BusinessHot News

Pepkor CEO Pieter Erasmus sells $33M in shares as retail giant hits 6,000 stores

South African Pepkor CEO Pieter Erasmus sold $33 million in shares as the retail group surpasses 6,000 stores.

Omokolade Ajayi Omokolade Ajayi
Business moguls reshaping African pharma
BusinessHot News

Top 15 pharmaceutical moguls powering Africa’s healthcare

Africa’s pharma moguls are transforming healthcare, boosting local drug manufacturing, and reducing reliance on imports.

Feyisayo Ajayi Feyisayo Ajayi
Access Bank Bidvest deal
BusinessHot News

Bidvest relaunches banking arm sale after Access Bank $157 million deal collapse

Bidvest relaunches sale of its bank after Access Bank deal collapses, exposing regulatory hurdles facing cross-border banking deals in Africa.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian billionaire businessman Tony Elumelu.
BusinessHot News

Tony Elumelu’s Seplat stake tops $600 million weeks after $496 million purchase

Tony Elumelu’s Seplat Energy stake has climbed above $600 million, weeks after a $496 million acquisition reshaped Nigeria’s energy sector.

Omokolade Ajayi Omokolade Ajayi
Sibanye Stillwater platinum prices
BusinessHot News

Sibanye Stillwater bets on platinum rebound, lithium growth strategy

Sibanye Stillwater says platinum has a new price floor as supply deficits lift markets and the miner advances lithium growth in Europe this year.

Feyisayo Ajayi Feyisayo Ajayi
BusinessTourism

Mauritius’ Sun Limited posts nearly $90 million in 2026 half-year revenue

Mauritius’ Sun Limited reports $88 million in half-year revenue, boosted by hotels, resorts, and rising visitor arrivals.

Omokolade Ajayi Omokolade Ajayi
BlackRock Clicks Group stake
BusinessHot News

BlackRock raises stake in Clicks Group to $239 million

BlackRock boosted its Clicks Group stake to $239 million, signaling rising global investor confidence in South Africa’s healthcare retail sector.

Feyisayo Ajayi Feyisayo Ajayi
Aliko Dangote, president of Dangote Group
BusinessHot News

Africa’s richest man Aliko Dangote adds $1.2 billion in early 2026 gains

Africa’s richest man, Aliko Dangote, adds $1.21 billion as Dangote Cement shares climb in early 2026.

Omokolade Ajayi Omokolade Ajayi
Dar es Salaam Stock Exchange stocks
BusinessHot News

Top billion-dollar firms on Dar es Salaam Stock Exchange

Tanzania’s DSE hosts five billion-dollar stocks, led by banks and brewers, reflecting investor confidence, consumer demand, and capital market maturity.

Feyisayo Ajayi Feyisayo Ajayi
Hot News

South Africa’s Eskom gets $3.4 billion boost from revised electricity tariffs

South Africa’s Eskom gains $3.4 billion from tariff correction, boosting finances and funding power plant upgrades.

Omokolade Ajayi Omokolade Ajayi