Tag: Featured

Clicks Group turnover growth
BusinessHot News

Clicks Group posts $1.2 billion turnover as pharmacy sales drive growth

Clicks Group posted R19.5 billion ($1.21 billion) turnover for early 2026 as pharmacy growth and wholesale gains offset retail pressures.

Feyisayo Ajayi Feyisayo Ajayi
African billionaire families
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Africa’s 21 billionaire families and business groups behind their empires

Africa’s billionaire wealth is built by families controlling powerful business groups that shape economies, policy, jobs, and capital across the continent.

Feyisayo Ajayi Feyisayo Ajayi
Africa listed sugar producers
BusinessHot News

7 listed sugar firms in Africa

Africa’s listed sugar producers anchor food security, cut imports, invest billions, and expand into ethanol, energy, and exports across key markets.

Feyisayo Ajayi Feyisayo Ajayi
Ezz Steel plans $1.1 billion expansion
BusinessHot News

Ezz Steel plans $1.1 billion expansion over the next 2 years in Egypt’s steel sector

Ezz Steel plans $1.1 billion expansion to boost domestic production amid falling exports and rising global trade barriers.

Feyisayo Ajayi Feyisayo Ajayi
Mohammed Al-Amoudi investments
Hot NewsTourism

IFC backs Midroc Ethiopia’s $116 million Sheraton Addis hotel projects

IFC backs Midroc Ethiopia’s $116 million Sheraton Addis upgrade and new hotel, reinforcing Mohammed Al-Amoudi’s bet on Ethiopia’s tourism sector growth.

Feyisayo Ajayi Feyisayo Ajayi
Casablanca Stock Exchange top companies
BusinessHot News

10 companies valued above $2.5 billion on Casablanca Stock Exchange

Morocco’s Casablanca Stock Exchange hosts Africa’s top firms, led by banks, energy and infrastructure giants driving resilience.

Feyisayo Ajayi Feyisayo Ajayi
Attijariwafa Bank Morocco valued over $15 billion
BusinessHot News

Attijariwafa Bank’s valuation hits $16 billion, maintains lead on Casablanca Stock Exchange

Attijariwafa Bank remains Morocco’s largest lender with $15.6 billion market valuation on Casablanca Exchange

Feyisayo Ajayi Feyisayo Ajayi
Copperbelt Energy $1.54 billion valuation
BusinessHot News

Copperbelt Energy rewrites Lusaka Securities Exchange record with $1.5 billion milestone

Copperbelt Energy hits $1.5 billion valuation on LuSE, marking Zambia’s largest listed energy firm and investor confidence milestone.

Feyisayo Ajayi Feyisayo Ajayi
Shoprite store in South Africa, part of Africa’s largest retail chain.
BusinessHot News

Why Shoprite exited 7 African markets but keeps its SADC stronghold

Shoprite exits seven African markets, citing inflation and logistics, while doubling down on stable SADC countries to protect margins and profits.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s premium universities
BusinessHot News

7 African universities popular with high-net-worth families

Africa’s elite families increasingly choose premium local universities offering global standards, strong alumni networks, and controlled campuses close to home.

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

Tony Elumelu joins Seplat Energy board, eyes chairmanship

Tony Elumelu joins Seplat’s board after $500 million stake deal, setting stage for chairmanship at Nigeria’s leading indigenous energy producer.

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NCBA Nedbank acquisition
BusinessHot News

What over $855 million NCBA bid by Nedbank means for Kenya’s banking sector

Nedbank’s $856 million bid for NCBA signals major cross-border banking consolidation in Kenya and East Africa.

Feyisayo Ajayi Feyisayo Ajayi