Tanzanian billionaire Mohammed Dewji pledges $250 million in Mozambique to expand MeTL Group’s footprint and create 20,000 local jobs.

Omokolade Ajayi August 20, 2026

Geregu Power pays $4.45 million to clear its bond default as acting CEO Mohammed Sani Jaoji steps in to stabilize operations and finances.

Omokolade Ajayi August 20, 2026

Mr Price appoints Thetele Mashilwane as an independent director as the retailer strengthens its board amid NKD expansion.

Timilehin Adejumobi August 20, 2026

Uganda seeks a $242 million Citibank loan to upgrade major roads in the east as rising debt-service costs put pressure on government finances.

Oluwatosin Alao August 20, 2026

Natie Kirsh’s fortune has fallen to $19.4 billion, down $600 million from $20 billion five days earlier, after a sharp reassessment of his holdings.

Omokolade Ajayi August 20, 2026

Tag: Jinja

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