Tag: Hot News

Egyptian fintech startup, Blnk
TechnologyBusinessHot News

Egyptian fintech startup, Blnk, raises $37 million to scale AI-driven consumer lending

Blnk raises $37 million in equity and debt to expand point-of-sale consumer credit and drive financial inclusion.

Omokolade Ajayi Omokolade Ajayi
South African asset manager Ninety One profit.
Hot NewsBusiness

Profits jump at Ninety One as managed assets eclipse $230 billion

Ninety One operating profit rises 12 percent as a landmark Sanlam transaction boosts total assets under management to $230.8 billion.

Omokolade Ajayi Omokolade Ajayi
Mauritius-based property developer Evaco Group.
LuxuryBusinessHot News

Debt costs push Mauritius-based Evaco Group to $3.1 million nine-month loss

Mauritius property developer Evaco Group falls into a $3.1 million nine-month loss as steep debt costs and plunging revenues stall corporate liquidity.

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
Nigerian billionaire businessman and philanthropist Tony Elumelu.
ExclusiveBusinessHot News

Tony Elumelu at Africa Forward Summit: “Our Youth Do Not Need Handouts”

Tony Elumelu urges equal partnerships, jobs, electricity, and infrastructure to unlock Africa’s youth potential at Africa Forward Summit.

Editorial Team Editorial Team
Aliko Dangote, Africa’s richest man and founder of Dangote Group.
Hot NewsBillionairesBusiness

Aliko Dangote refinery drives petrol prices up 82 percent in Nigeria this year

Aliko Dangote’s $20 billion refinery lifts petrol prices 82 percent in 2026, reshaping Nigeria’s fuel supply as costs climb.

Omokolade Ajayi Omokolade Ajayi
Zenith Bank, Nigeria’s most profitable lender.
Hot NewsBusiness

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

Omokolade Ajayi Omokolade Ajayi
Gold nuggets.
Hot NewsBusinessExclusive

$3.3 billion gold offtake deal links Singapore’s Trafigura with Ghanaian mine

Trafigura signs $3.3 billion gold deal to buy 700,000 ounces from Ghana’s Bogoso–Prestea mine.

Omokolade Ajayi Omokolade 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
Mohammed Dewji, Tanzania’s richest man and CEO of MeTL Group.
BusinessHot News

Tanzania’s richest man Mohammed Dewji loses $100 million after two-year surge

Mohammed Dewji loses $100 million as global pressures weigh on MeTL Group valuations, reducing his fortune to $2.1 billion.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
Hot NewsBusiness

Equity Group emerges Kenya’s most valuable brand in global ranking

Equity Group tops Kenya’s most valuable brands as profit rises 54.6 percent and regional growth drives earnings diversification.

Omokolade Ajayi Omokolade Ajayi
Portside Tower
Hot NewsBusiness

Surging oil prices put South Africa’s fragile recovery at risk

Brent above $100 raises inflation and growth risks for South Africa as conflict drives volatile oil markets and higher fuel costs.

Omokolade Ajayi Omokolade Ajayi