Tag: Featured

Nigerian mogul Samuel Bolarinde.
ExclusiveBusinessHot News

Nigerian mogul Samuel Bolarinde’s Vitafoam stake nears $25 million

Samuel Bolarinde's Vitafoam stake nears $25 million as a major NGX rally drives the foam maker's market cap to $232 million.

Omokolade Ajayi Omokolade Ajayi
Boschendal wine estate transformation
LuxuryHot News

How Boschendal, sold for $50 million, became part of South African billionaire Tony Tabatznik’s winelands empire 

Boschendal evolved from a $50 million sale into a diversified rural economy under billionaire Tony Tabatznik’s Cape Winelands strategy.

Feyisayo Ajayi Feyisayo Ajayi
Johannesburg-based investor Genevieve Sangudi.
Hot NewsBusiness

Johannesburg-based investor Genevieve Sangudi, partners lead Alterra to 10 exits in 30 months

Genevieve Sangudi and partners at Alterra have led 10 portfolio exits in just over 30 months, including the sale of TiAuto to Marubeni.

Omokolade Ajayi Omokolade Ajayi
MTN Group logo, representing the pan-African telecom operator.
TechnologyBusinessHot News

MTN targets Nigeria’s $236 billion credit gap with direct lending push

MTN Group plans to launch direct lending in Nigeria to target a $236 billion funding gap and disrupt African banking.

Omokolade Ajayi Omokolade Ajayi
Mama Ngina Kenyatta
Hot NewsBusiness

Brookside Dairy, owned by Kenya’s Kenyatta family, pays farmers $2 million

Brookside Dairy pays farmers KSh255 million ($2 million) under an incentive program tied to milk quality and output improvement.

Omokolade Ajayi Omokolade Ajayi
Victoria Falls Hotel stake sale
LuxuryHot News

Zimbabwe’s Meikles revives Victoria Falls Hotel stake sale 6 months after reversal

Meikles Limited plans to sell its 50% Victoria Falls Hotel stake, signaling strategic shift toward retail focus and governance tensions.

Feyisayo Ajayi Feyisayo Ajayi
MTC financial results H1 2026
BusinessHot NewsTechnology

MTC, Namibia’s largest mobile operator, posts $31 million profit in H1 2026

MTC reported $31 million H1 2026 profit as prepaid, roaming and enterprise growth lifted revenue 7.1% to $118.11 million in Namibia report.

Feyisayo Ajayi Feyisayo Ajayi
Eskom Group CEO Dan Marokane speaking at Eskom launch event.
BusinessHot News

Eskom rolls out Eskom Green to expand renewable power and grid stability  

Eskom Green renewable energy expands South Africa grid stability, scaling utility-scale solar, wind and storage for industries.

Timilehin Adejumobi Timilehin Adejumobi
Morocco textile recycling investment
BusinessHot News

IFC-backed Morocco textile recycling pilot signals $1.9 billion investment opportunity

IFC-backed Morocco textile recycling pilot shows $1.9 billion investment potential, proving large-scale viability and job creation prospects.

Feyisayo Ajayi Feyisayo Ajayi
South African packaged foods giant Tiger Brands Limited.
Hot NewsBusiness

Tiger Brands boosts solar rollout across seven plants as energy costs rise

Tiger Brands expands solar power across seven factories in South Africa to cut costs, reduce grid dependence, and boost renewable energy use toward 2030 targets.

Omokolade Ajayi Omokolade Ajayi
Nigerian agri-tech financing
TechnologyHot News

Proparco backs Agriarche Limited with funding to scale Nigerian agri-tech platform

Proparco backs Agriarche Limited to scale its Kasuwa platform, boosting digital access, finance and markets for Nigerian smallholder farmers.

Feyisayo Ajayi Feyisayo Ajayi
Nigerian banker Segun Agbaje, CEO of GTCO.
BusinessHot News

Nigerian banker Segun Agbaje’s GTCO and PepsiCo holdings climb to $6.1 million

Segun Agbaje’s holdings in GTCO and PepsiCo climb above $6.1 million, driven by gains in banking and global consumer stocks.

Omokolade Ajayi Omokolade Ajayi