Jim Ovia Archives - Shore Africa

Zambia, U.S. stall $2 billion health deal over minerals and data concerns

Zambia delays U.S. health deals amid dispute over minerals and data access

Zambia’s dispute with Washington over a proposed $2 billion health funding package is highlighting growing tensions across Africa over foreign aid conditions, critical minerals access and data privacy rules. The talks, still ongoing but stalled, have become part of a wider debate over how development financing intersects with resource diplomacy on the continent. At issue is a U.S. proposal that…

Oluwatosin Alao May 5, 2026

Exclusive Hot News

Kenyan businessman Evanson Njenga, prominent Isuzu dealer, dies at 90

Evanson Njenga, founder of CFG and key Isuzu dealer, dies at 90, leaving a four-decade legacy in Kenya’s automotive sector.

Feyisayo Ajayi May 5, 2026

Business Hot News

Nigeria’s youngest dealmaker Folasope Aiyesimoju’s portfolio on the Nigerian Exchange nears $200 million

Aiyesimoju’s stakes in UACN, CAP and UPDC near $200 million as dividend demand drives Nigerian equities rally.

Feyisayo Ajayi May 5, 2026

Luxury Tourism

Inside Méstil Hotel & Residences, Uganda’s rising luxury destination

Méstil Hotel & Residences is emerging as Kampala’s luxury hub for executives, diplomats and upscale global travelers.

Timilehin Adejumobi May 5, 2026

South Africa’s Transnet secures $352 million French loan for ports and rail upgrade

Business Technology

South Africa’s Transnet wins $352 million French funding for clean ports

South Africa’s state-owned logistics operator Transnet and France, through Agence Française de Développement, have signed a $352 million loan agreement worth about R5.86 billion. The deal is aimed at helping South Africa modernize its ports and freight rail network while reducing emissions across key transport corridors. The agreement comes as South Africa continues to wrestle with persistent freight rail delays,…

Oluwatosin Alao May 5, 2026

Tag: Jim Ovia

After growing Zenith Bank to $23 billion in assets, Nigerian banking titan Jim Ovia retires

Zambia delays U.S. health deals amid dispute over minerals and data access

Kenyan businessman Evanson Njenga, prominent Isuzu dealer, dies at 90

Nigeria’s youngest dealmaker Folasope Aiyesimoju’s portfolio on the Nigerian Exchange nears $200 million

Inside Méstil Hotel & Residences, Uganda’s rising luxury destination

South Africa’s Transnet wins $352 million French funding for clean ports

Zambia delays U.S. health deals amid dispute over minerals and data access

Kenyan businessman Evanson Njenga, prominent Isuzu dealer, dies at 90

Nigeria’s youngest dealmaker Folasope Aiyesimoju’s portfolio on the Nigerian Exchange nears $200 million

Zambia delays U.S. health deals amid dispute over minerals and data access

Kenyan businessman Evanson Njenga, prominent Isuzu dealer, dies at 90

Nigeria’s youngest dealmaker Folasope Aiyesimoju’s portfolio on the Nigerian Exchange nears $200 million

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