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Tag: Fortis Global Share Reduction

Fortis Global Insurance Plc Building

Business Hot News

Nigeria’s Fortis Global plans major share reduction to 3.23 billion

Fortis Global Share Reduction will cut issued shares by 75% as the Nigerian insurer restructures for growth and shareholder value.

Timilehin Adejumobi June 19, 2026

South African billionaire Patrice Motsepe.

Billionaires Business Hot News

Patrice Motsepe, Africa’s first Black billionaire, rebounds after $800 million drop

Patrice Motsepe sees a $200 million wealth rebound as mining stocks recover, lifting his net worth to $3.8 billion.

Omokolade Ajayi June 19, 2026

JKIA-Airport

Business Hot News

Kenya turns to TDB, AFC for $1.2 billion airport upgrade

Kenya Airport Upgrade secures $1.2 billion financing to expand JKIA, triple passenger capacity and boost East Africa aviation.

Timilehin Adejumobi June 19, 2026

Datatec Westcon refinancing

Business Hot News

Datatec to pay out $434 million after $400 million Westcon refinancing deal

Datatec will return $434 million to shareholders after raising $400 million via Westcon refinancing with General Atlantic deal.

Feyisayo Ajayi June 19, 2026

Fortis Global Insurance Plc Building

Business Hot News

Nigeria’s Fortis Global plans major share reduction to 3.23 billion

Fortis Global Share Reduction will cut issued shares by 75% as the Nigerian insurer restructures for growth and shareholder value.

Timilehin Adejumobi June 19, 2026

Hot News Billionaires Business

Nigerian billionaire Femi Otedola takes First HoldCo shares worth over $30 million at nearly 40% discount

Femi Otedola boosts his First HoldCo stake to 20.42 percent after acquiring shares valued at over $30 million at a nearly 40 percent discount.

Omokolade Ajayi June 19, 2026

South African billionaire Patrice Motsepe.

Billionaires Business Hot News

Patrice Motsepe, Africa’s first Black billionaire, rebounds after $800 million drop

Omokolade Ajayi June 19, 2026

JKIA-Airport

Business Hot News

Kenya turns to TDB, AFC for $1.2 billion airport upgrade

Timilehin Adejumobi June 19, 2026

Datatec Westcon refinancing

Business Hot News

Datatec to pay out $434 million after $400 million Westcon refinancing deal

Feyisayo Ajayi June 19, 2026

South African billionaire Patrice Motsepe.

Billionaires Business Hot News

Patrice Motsepe, Africa’s first Black billionaire, rebounds after $800 million drop

Omokolade Ajayi June 19, 2026

JKIA-Airport

Business Hot News

Kenya turns to TDB, AFC for $1.2 billion airport upgrade

Timilehin Adejumobi June 19, 2026

Datatec Westcon refinancing

Business Hot News

Datatec to pay out $434 million after $400 million Westcon refinancing deal

Feyisayo Ajayi June 19, 2026

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About Us

Shore.Africa is a digital news platform focused on Africa’s leading luxury destinations, companies, business leaders and public figures. It operates under Travel Shore, a Lagos-based media and public relations company.

Our Team

Feyisayo Ajayi 1684 Articles

Feyisayo Ajayi is the Head of Digital strategy and growth, Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.

Head of Digital strategy and growth

Omokolade Ajayi 571 Articles

Timilehin Adejumobi 1062 Articles

Oluwatosin Alao 438 Articles

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