Tag: Featured

Econet InfraCo IPO
Hot NewsTechnology

Econet’s InfraCo targets $1 billion valuation in VFEX listing

Econet plans a VFEX listing, valuing its new InfraCo at $1 billion in Zimbabwe’s biggest-ever IPO, signaling a milestone for capital markets.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTechnology

Redtech, backed by Tony Elumelu, plans $100m raise for Africa expansion

Redtech, backed by Tony Elumelu, plans a $100 million raise to expand digital payments across Africa.

Omokolade Ajayi Omokolade Ajayi
Victoria Falls Stock Exchange
BusinessHot News

15 most valuable stocks on Victoria Falls Stock Exchange

Victoria Falls Stock Exchange’s top 15 stocks offer US-dollar stability, gold gains, and frontier-market growth in Zimbabwe.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Nigeria’s cement battle heats up as Lafarge Africa plans plant expansions

Lafarge Africa plans to expand its Ashaka and Sagamu plants, lifting capacity to 13 million tonnes as competition with Dangote and BUA Cement intensifies.

Omokolade Ajayi Omokolade Ajayi
Econet InfraCo IPO
Hot NewsTechnology

Why Cassava Technologies targets liquidity with stake sale in one of its crown jewels

Cassava plans a minority sale in Africa Data Centres to STANLIB to unlock liquidity, ease Liquid’s debt burden and improve refinancing flexibility.

Feyisayo Ajayi Feyisayo Ajayi
Top Capitec Bank shareholders
BusinessHot News

Meet top Capitec Bank shareholders controlling $12.3 billion in shares

Capitec Bank’s biggest shareholders control $12.3 billion in stock, reflecting the South African lender’s scale, profits and investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Nigeria’s Aradel posts over $290 million profit in 2025 on energy expansion

Aradel Holdings posts $290 million profit in 2025, fueled by energy expansion and rising oil, gas, and refining revenue.

Omokolade Ajayi Omokolade Ajayi
Fawry $57.6 million profit
Hot NewsTechnology

Fawry to keep stake in Bosta after planned IPO

Fawry plans to retain its stake in logistics startup Bosta after its planned EGX listing, underscoring confidence in Egypt’s fast-growing digital economy.

Feyisayo Ajayi Feyisayo Ajayi
Hot NewsTechnology

Africa’s solar capacity jumps 54 percent in 2025, led by South Africa and Nigeria

Africa’s solar capacity jumped 54 percent in 2025, driven by South Africa, Nigeria, and Egypt’s rapid installations.

Omokolade Ajayi Omokolade Ajayi
Hot NewsTechnology

Ethiopia joins Africa’s mobile payment boom with 58 million digital wallet users

Ethiopia is emerging as a major mobile payments market, with 58 million digital wallet users and mobile transactions rising sharply.

Omokolade Ajayi Omokolade Ajayi
Dipula Properties investment
BusinessHot News

Dipula Protea Gardens Mall Soweto deal boosts long-term value

Dipula’s $30 million Protea Gardens Mall deal boosts income stability, rental growth, and portfolio defensiveness in Soweto’s retail market.

Feyisayo Ajayi Feyisayo Ajayi
Tshepo Mahloele Capitec Bank stake
BusinessHot News

South African billionaire Tshepo Mahloele’s Capitec Bank stake surpasses $2 billion

South African tycoon Tshepo Mahloele’s Capitec Bank stake tops $2 billion as strong investor sentiment drives a sharp share price rally.

Feyisayo Ajayi Feyisayo Ajayi