Inflation and exchange rate crisis Archives

Egyptian billionaire Nassef Sawiris’ OCI posts $1.6 billion revenue in 2025

OCI posts $1.61 billion 2025 revenue, up 24% year over year, driven by strong nitrogen demand and ongoing portfolio restructuring.

Feyisayo Ajayi April 20, 2026

Business Hot News

Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

FDH Bank declares $6.7 million dividend for 2025 despite lower payout, backed by strong profit growth and rising income streams.

Feyisayo Ajayi April 20, 2026

Business Hot News

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Hassan Allam Holding has acquired MetiPro, the engineering, procurement, and construction (EPC) arm of Metito Group, in a strategic move to expand its footprint in water infrastructure across Africa and other emerging markets. The deal underscores a growing shift among infrastructure players toward water security, as population growth, urbanization, and climate pressures intensify demand for reliable and sustainable water systems…

Feyisayo Ajayi April 19, 2026

Business Global News Hot News

Kenya plans $500 million debut green bond as Iran war shakes economy

Kenya plans a $500 million green bond with World Bank support as oil price shocks and global tensions pressure its economy and financing.

Omokolade Ajayi April 19, 2026

Nompumelelo Zikalala, CEO of Kumba Iron Ore, leading the South African mining company.

Business Hot News

Durban-born mining executive Nompumelelo Zikalala’s pay hits $2.1 million in 2025

Nompumelelo Zikalala earned $2.1 million in 2025 after Kumba Iron Ore reported $1.95 billion EBITDA and stronger performance.

Omokolade Ajayi April 19, 2026

Tag: Inflation and exchange rate crisis

Africa’s 7 weakest currencies over the past year

Egyptian billionaire Nassef Sawiris’ OCI posts $1.6 billion revenue in 2025

Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Kenya plans $500 million debut green bond as Iran war shakes economy

Durban-born mining executive Nompumelelo Zikalala’s pay hits $2.1 million in 2025

Egyptian billionaire Nassef Sawiris’ OCI posts $1.6 billion revenue in 2025

Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Egyptian billionaire Nassef Sawiris’ OCI posts $1.6 billion revenue in 2025

Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Categories

About Us

Our Team