Tag: Featured

MTN mobile money separation Ghana
BusinessHot News

MTN completes mobile money separation in Ghana, advances fintech strategy

MTN completes Ghana mobile money separation, meeting regulations and advancing fintech growth strategy across Africa.

Feyisayo Ajayi Feyisayo Ajayi
Rose Ada Okwechime investments
BusinessHot News

Rose Ada Okwechime takes lead in Nigeria’s mortgage sector with $10.3 million stake in Abbey Mortgage Bank

Nigerian mortgage pioneer Rose Ada Okwechime holds $10.3 million stake in Madonna Ashib, shaping Nigeria’s mortgage and financial services sector.

Feyisayo Ajayi Feyisayo Ajayi
Isyaku Abdulsamad “Khalifa” Rabiu.
ExclusiveBusinessHot News

Abdul Samad Rabiu’s son, Khalifa, to receive $9.6 million from BUA Foods

Nigerian billionaire Abdul Samad Rabiu’s son, Khalifa Rabiu, to receive N13.2 billion ($9.6 million) from BUA Foods’ record dividend payout.

Omokolade Ajayi Omokolade Ajayi
Adebayo Ogunlesi, Nigerian billionaire and co-founder of Global Infrastructure Partners.
TechnologyHot News

OpenAI hits $852 billion a year after Nigeria’s Adebayo Ogunlesi joins board

Its latest round, which increased from the $110 billion figure announced in February, drew backing from major technology and investment firms.

Omokolade Ajayi Omokolade Ajayi
Exxaro Eskom coal supply deal
BusinessHot News

Exxaro secures long-term coal supply deal with Eskom for Matla Colliery till 2043

Exxaro signs long-term coal deal with Eskom, securing Matla Colliery supply to 2043 and strengthening South Africa’s energy stability.

Feyisayo Ajayi Feyisayo Ajayi
Africa private safari reserves
BusinessHot News

10 top private reserves in Africa offering exclusive Safari experiences

Africa’s top private reserves redefine luxury safaris, blending exclusivity, conservation impact, and intimate wildlife experiences.

Feyisayo Ajayi Feyisayo Ajayi
IFC FirstRand agri-MSME bond
BusinessHot News

IFC backs FirstRand’s $95 million bond to fund South Africa’s agri-SMEs

IFC anchors FirstRand’s $95 million bond to boost South Africa’s agri-MSMEs, linking investor returns to environmental outcomes.

Feyisayo Ajayi Feyisayo Ajayi
Coca-Cola headquarters.
BusinessHot News

Coca-Cola expands South African operations with $1 billion investment plan

Coca-Cola invests $1 billion to modernize operations and boost distribution in South Africa’s consumer market.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Fuel costs jump across Africa as governments rush to shield households

Fuel costs surge across Africa, forcing governments to cut taxes and adjust prices to ease pressure on households amid global supply shocks.

Omokolade Ajayi Omokolade Ajayi
LAPO IFC $10 million MSME lending
BusinessHot News

Nigeria’s LAPO gets $10 million IFC loan to expand MSME lending

IFC plans $10 million loan to LAPO MFB to expand MSME lending, boost digital finance, and deepen financial inclusion across Nigeria.

Feyisayo Ajayi Feyisayo Ajayi
TGCC profit 2025
Business

Moroccan Mohammed Bouzoubaa’s construction group posts $95 million profit in 2025

TGCC posts $95.2 million profit in 2025, up 82.4%, driven by strong execution, rising backlog and disciplined balance sheet management.

Feyisayo Ajayi Feyisayo Ajayi
Irele Tower opens in Lagos.
Hot NewsBusiness

Irele Tower opens in Lagos, expands Nigeria’s green office space

Irele Tower opens in Lagos, offering 12,000 sqm of eco-friendly office and retail space, boosting the city’s modern business hubs.

Omokolade Ajayi Omokolade Ajayi