Adani Airports raises $1 billion from global investors at $18 billion valuation

Adani Airports will raise $1 billion from global investors at an $18 billion valuation to expand India’s aviation infrastructure.

Feyisayo Ajayi September 12, 2026

Business Billionaires

Malawian tycoon Thom Mpinganjira sees FDH Bank stake fall by nearly $100 million

Thom Mpinganjira's FDH Bank stake loses $100 million as shares fall, even as the Malawian lender reports stronger earnings.

Timilehin Adejumobi September 12, 2026

Business Hot News

Egypt’s Pharco to start $49 million Saudi drug plant by mid-2027

Pharco Saudi drug plant begins production in mid-2027 as Egypt's drugmaker expands manufacturing and weighs two African factories.

Timilehin Adejumobi September 12, 2026

Business Hot News

South Africa’s only fully fledged Islamic bank, Al Baraka, sanctioned by regulator

Albaraka Bank faces R1.6 million ($99,150) in penalties from South Africa’s Prudential Authority over cash reporting, suspicious transactions and compliance failures.

Feyisayo Ajayi September 12, 2026

Business Hot News

South African Reserve Bank fines Michiel Le Roux’s Capitec Bank $1.74 million

South Africa’s central bank fined Capitec R28 million ($1.74 million) for customer due diligence, employee training and anti-money laundering control failures.

Feyisayo Ajayi September 12, 2026

Tag: FMCG

Cardinal Torch invests $3.3 million to expand into Africa’s cashew industry

Tiger Brands invests $12 million in new culinary facility in South Africa

Adani Airports raises $1 billion from global investors at $18 billion valuation

Malawian tycoon Thom Mpinganjira sees FDH Bank stake fall by nearly $100 million

Egypt’s Pharco to start $49 million Saudi drug plant by mid-2027

South Africa’s only fully fledged Islamic bank, Al Baraka, sanctioned by regulator

South African Reserve Bank fines Michiel Le Roux’s Capitec Bank $1.74 million

Adani Airports raises $1 billion from global investors at $18 billion valuation

Malawian tycoon Thom Mpinganjira sees FDH Bank stake fall by nearly $100 million

Egypt’s Pharco to start $49 million Saudi drug plant by mid-2027

Adani Airports raises $1 billion from global investors at $18 billion valuation

Malawian tycoon Thom Mpinganjira sees FDH Bank stake fall by nearly $100 million

Egypt’s Pharco to start $49 million Saudi drug plant by mid-2027

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