Tag: Featured

Chakib Alj
BusinessBillionairesHot News

Chakib Alj completes Forafric deal as food empire expands across Morocco

Chakib Alj completes Forafric Maroc takeover, expanding Cap Holding’s food business across Morocco’s flour, pasta and couscous market.

Omokolade Ajayi Omokolade Ajayi
Asante Gold
BusinessHot News

Asante Gold Expands Bibiani Resource as 3.7km Gold Corridor Confirmed in Ghana

Asante Gold confirms 3.7km mineralized corridor at Bibiani, boosting resources, underground potential, and long-term growth in Ghana.

Feyisayo Ajayi Feyisayo Ajayi
Elsewedy Electric
Hot NewsBusiness

Elsewedy lands $350 million textile deal to boost Egypt’s manufacturing

Elsewedy secures $350 million textile investment with Crystal International, boosting Egypt’s industrial capacity and export manufacturing growth.

Feyisayo Ajayi Feyisayo Ajayi
Ethiopian business executive Yodit Kassa
BusinessHot News

Yodit Kassa named CEO of Ethiopian Securities Exchange as market expansion accelerates

Yodit Kassa takes over as CEO of the Ethiopian Securities Exchange (ESX) to drive market expansion, attract new listings, and deepen investment.

Omokolade Ajayi Omokolade Ajayi
BusinessBillionairesHot News

Femi Otedola nears $2 billion on Forbes as people close to him value fortune above $3 billion

Femi Otedola closes in on $2 billion on Forbes, driven by a $1.13 billion First HoldCo stake, while insiders value his net worth above $3 billion.

Omokolade Ajayi Omokolade Ajayi
South African executive Raisibe Morathi
Hot NewsBusiness

South African executive Raisibe Morathi’s pay climbs to $4.25 million at Vodacom

Vodacom CFO Raisibe Morathi's FY2026 pay doubled to $4.25 million, driven by strong earnings and $2.55 million in long-term incentive awards.

Omokolade Ajayi Omokolade Ajayi
Egyptian wheat supply linked to import diversification strategy.
Global NewsBusinessHot News

Global food prices hit 3-year high as grain shortages and extreme weather fuel fears

Global food prices hit a three-year high in July as grain supply fears, extreme weather, and Black Sea tensions squeezed agricultural markets.

Omokolade Ajayi Omokolade Ajayi
A customer experience centre operated by Airtel Africa in Kenya.
BusinessHot News

Airtel Kenya secures 25-year licence, ending years of regulatory hurdles in Kenya

Airtel Kenya secures 25-year licence, ending regulatory uncertainty and enabling long-term investment in broadband and digital infrastructure.

Feyisayo Ajayi Feyisayo Ajayi
Bahaeddine Bassatne
BusinessHot News

Lebanese tycoon Bahaeddine Bassatne’s BB Energy eyes $42 million for Africa LPG expansion

IFC plans up to $42 million backing for BB Energy’s $64 million LPG expansion across DR Congo, South Africa and Zambia.

Feyisayo Ajayi Feyisayo Ajayi
Akdital raises 130 million hospital expansion
BusinessHot News

Morocco’s Akdital sells 15% stake to Arab Invest to accelerate Saudi hospital expansion

Akdital sells 15% Saudi unit stake to Arab Invest to accelerate hospital expansion and scale its regional healthcare platform.

Feyisayo Ajayi Feyisayo Ajayi
labelvie
BusinessHot News

LabelVie raises $54 million to accelerate Morocco retail expansion

LabelVie raises $54 million bond to fund store expansion, boost logistics, and scale operations across Morocco’s growing retail market.

Feyisayo Ajayi Feyisayo Ajayi
Elsewedy Electric
BusinessHot News

Elsewedy Electric expands Saudi footprint with Qiddiya, Monorail and solar projects

Elsewedy Electric completes Qiddiya cable supply, boosting Saudi infrastructure, energy projects and Vision 2030 ambitions.

Feyisayo Ajayi Feyisayo Ajayi