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Tag: Pickalbatros

Morocco hospitality expansion

Business Companies Hospitality

Pickalbatros secures $250 million IFC, Attijariwafa financing for Morocco expansion

Pickalbatros secures $250 million from IFC and Attijariwafa Bank to acquire Casablanca hotels, upgrade Moroccan resorts and refinance debt.

Feyisayo Ajayi October 18, 2026

Airtel Africa telecom

Business Technology

Airtel Africa launches second tranche of share buyback, targets 12 million shares

Airtel Africa launches a second share buyback tranche, targeting 12 million shares for cancellation under its capital return plan.

Timilehin Adejumobi November 6, 2026

Shoprite's Sixty60

Business Technology

Shoprite expands digital retail push as Sixty60 sales jump 33.4%

Shoprite's Sixty60 delivery platform recorded 33.4% sales growth, putting it on course to surpass $1.8 billion in annual sales in 2027.

Oluwatosin Alao November 6, 2026

Saifee Durbar

Business Energy Hot News

Businessman Saifee Durbar eyes Lake Albert oil blocks amid questions over credentials

Saifee Durbar eyes DRC's Lake Albert oil blocks as Congolese authorities raise concerns about his business background and credentials.

Feyisayo Ajayi November 6, 2026

Congo reverses Falcon 7X seizure 6 years after Lebanese businessman’s $2.5 billion claims

Business Hot News

Congo reverses Falcon 7X seizure 6 years after Lebanese businessman’s $2.5 billion claims

A French court orders the return of Congo President Denis Sassou-Nguesso’s Falcon 7X, reversing a 2020 seizure linked to $2.5 billion claims.

Feyisayo Ajayi November 6, 2026

Eskom

Business Energy

South Africa’s solar boom leaves Eskom with $242.3 million bill

South Africa's solar boom pushes Eskom's curtailment bill to $242.4 million as renewable energy supply outpaces daytime demand.

Timilehin Adejumobi November 6, 2026

Airtel Africa telecom

Business Technology

Airtel Africa launches second tranche of share buyback, targets 12 million shares

Timilehin Adejumobi November 6, 2026

Shoprite's Sixty60

Business Technology

Shoprite expands digital retail push as Sixty60 sales jump 33.4%

Oluwatosin Alao November 6, 2026

Saifee Durbar

Business Energy Hot News

Businessman Saifee Durbar eyes Lake Albert oil blocks amid questions over credentials

Feyisayo Ajayi November 6, 2026

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