South Africa’s CMH seals $46 million deal for 13 dealership properties

South Africa’s CMH will spend $46 million on 13 dealership properties, cutting rental exposure and expanding its ownership of key real estate.

Oluwatosin Alao August 19, 2026

Business Hot News

Nigerian influencer Afolabi Michael arrested by NDLEA over cocaine worth $28 million destined for UK

Nigerian influencer Afolabi Kazeem Micheal, known as KC Luxury, was arrested after NDLEA seized cocaine worth nearly $28 million bound for Britain.

Feyisayo Ajayi August 19, 2026

Business Hot News

Equinor joins Chevron in Namibia offshore block as Africa oil expands

Equinor Namibia offshore oil deal gives the Norwegian energy giant a stake in PEL 90 as Chevron expands exploration in the Orange Basin.

Timilehin Adejumobi August 19, 2026

Business Hot News

Absa weighs Angola return, targets Nigeria banking license

Absa is weighing an Angola return and Nigeria merchant banking license as it seeks broader growth across Africa.

Timilehin Adejumobi August 19, 2026

Technology Business Hot News

MTN Rwanda’s half-year profit more than triples to $11.7 million on mobile money, data growth

MTN Rwanda more than tripled first-half profit to $11.7 million as Mobile Money and data revenue increased, while lower finance costs and tighter spending boosted earnings.

Omokolade Ajayi August 19, 2026

Tag: merchant banking

Absa weighs Angola return, targets Nigeria banking license

South Africa’s CMH seals $46 million deal for 13 dealership properties

Nigerian influencer Afolabi Michael arrested by NDLEA over cocaine worth $28 million destined for UK

Equinor joins Chevron in Namibia offshore block as Africa oil expands

Absa weighs Angola return, targets Nigeria banking license

MTN Rwanda’s half-year profit more than triples to $11.7 million on mobile money, data growth

South Africa’s CMH seals $46 million deal for 13 dealership properties

Nigerian influencer Afolabi Michael arrested by NDLEA over cocaine worth $28 million destined for UK

Equinor joins Chevron in Namibia offshore block as Africa oil expands

South Africa’s CMH seals $46 million deal for 13 dealership properties

Nigerian influencer Afolabi Michael arrested by NDLEA over cocaine worth $28 million destined for UK

Equinor joins Chevron in Namibia offshore block as Africa oil expands

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