Tag: Featured

Egyptian billionaire Naguib Sawiris.
Hot NewsBillionairesBusiness

Egyptian billionaire Naguib Sawiris’ net worth rises nearly $1 billion as gold fuels gains

Naguib Sawiris’ wealth has climbed by nearly $1 billion this year, reaching about $11.6 billion as surging gold prices boost his mining-linked investments.

Omokolade Ajayi Omokolade Ajayi
Super Star supermarket brand under SPAR Group, showcasing retail presence and store operations.
Hot NewsBusiness

SPAR Group posts weaker-than-expected first-half earnings on margin pressure

SPAR Group posts weaker-than-expected first-half earnings as margin pressure, impairments and promotions weigh on results in Southern Africa.

Omokolade Ajayi Omokolade Ajayi
South African pharmacy retailer Dis-Chem Pharmacies.
Hot NewsBillionairesBusiness

Dis-Chem revenue climbs 9% to $2.64 billion on retail and wholesale growth

Dis-Chem revenue rises 9% to $2.64 billion as retail and wholesale growth, store expansion and healthcare investments lift performance.

Omokolade Ajayi Omokolade Ajayi
Rodney Sacks Monster Beverage growth
Hot NewsBusiness

South African executive Rodney Sacks drives Monster Beverage’s $86 billion rise

Rodney Sacks turned Monster Beverage into an $86 billion global energy drink leader through bold strategy and sustained growth.

Feyisayo Ajayi Feyisayo Ajayi
Adegbite Falade, Managing Director and Chief Executive Officer of Aradel Holdings.
Hot NewsBillionairesBusiness

Rising Aradel share price pushes CEO Adegbite Falade’s stake close to $15 million

Aradel CEO Adegbite Falade’s stake climbs toward $15 million as shares gain one hundred seventy percent on Nigerian Exchange.

Omokolade Ajayi Omokolade Ajayi
Yoco & Dyner ai team
BusinessHot News

South Africa’s fintech Yoco buys Dyner.AI in first major acquisition     

South African fintech Yoco acquires Dyner.AI to strengthen its AI-driven SME platform and expand digital tools for 200,000 merchants.

Timilehin Adejumobi Timilehin Adejumobi
Aspen APAC divestment deal
BusinessHot News

Stephen Saad’s Aspen completes $1.7 billion APAC exit to cut debt

Aspen completes $1.6 billion APAC exit, strengthening balance sheet and cutting debt as it sharpens strategic focus after Asia-Pacific divestment.

Feyisayo Ajayi Feyisayo Ajayi
CA&S Sunpac acquisition South Africa
BusinessHot News

Botswana executive Duncan Lewis-led CA&S completes Sunpac acquisition after regulatory approval

CA&S completes Sunpac acquisition after regulatory approval, expanding South Africa distribution network and strengthening FMCG market position.

Feyisayo Ajayi Feyisayo Ajayi
Small-scale hydropower Africa
BusinessHot News

Anzana secures $20 million to scale hydropower projects across Africa

Anzana secures $20 million to scale small hydropower projects across Africa, boosting clean energy access in underserved markets.

Feyisayo Ajayi Feyisayo Ajayi
MTN Group logo, representing the pan-African telecom operator.
Hot NewsBusinessTechnology

MTN tax contribution rises to $3.76 billion in 2025 across key markets

MTN Group paid $3.76 billion in taxes across 16 markets in 2025, reflecting its expanding fiscal contribution in Africa and the Middle East.

Omokolade Ajayi Omokolade Ajayi
Sunbird Tourism
Hot NewsTourism

Malawi’s Sunbird expands Salima flagship with $5.8 million lakeside upgrade, adds 60 rooms

Sunbird Tourism adds 60 rooms in $5.8 million upgrade, boosting capacity and strengthening Malawi’s lakeside hospitality hub.

Feyisayo Ajayi Feyisayo Ajayi
CIEL Group corporate logo representing the Mauritius-based conglomerate operating across hotels, healthcare, finance, and textiles.
Hot NewsBusiness

Mauritius-based CIEL Group posts $652 million revenue in 9M 2026

CIEL Group posts $652.8 million revenue for 9M 2026 as hotels, healthcare and finance offset weaker textiles performance.

Omokolade Ajayi Omokolade Ajayi