Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $334 million nine-month profit as costs decline

BUA Foods posted a net profit of $334.45 million in 9M 2026 as lower production costs and strong pasta sales lifted earnings.

Omokolade Ajayi October 30, 2026

Business Mining

Kenmare Resources secures 20-year Moma export deal with Mozambique

Kenmare secures a 20-year Moma export agreement with Mozambique, accepting higher royalties and $250 million in commitments.

Timilehin Adejumobi October 30, 2026

Technology Business

Tanzania turns to Russia for space technology ahead of 2027 satellite launch

Tanzania is partnering with Russia to build its space industry, establish a national space agency and launch its first Earth observation satellite in 2027.

Oluwatosin Alao October 30, 2026

Jaswant Singh Rai, Kenyan billionaire and Rai Group chair

Business Billionaires

Kenyan billionaire Jaswant Rai expands sugar business with $32 million investment

Jaswant Rai commits $32.3 million to a new Kenyan sugar mill as Rai Group expands its processing capacity and farming network.

Timilehin Adejumobi October 30, 2026

Four Seasons Resort Mauritius at Anahita

Hospitality Business Hot News Lifestyle

Mauritius hotelier Riveo cuts losses as sales surge past $19 million

Mauritius hotelier Riveo cuts losses as sales top $19.52 million, driven by surging post-renovation bookings at its luxury island beachfront resorts.

Omokolade Ajayi October 30, 2026

Tag: Roscosmos

Tanzania turns to Russia for space technology ahead of 2027 satellite launch

Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $334 million nine-month profit as costs decline

Kenmare Resources secures 20-year Moma export deal with Mozambique

Tanzania turns to Russia for space technology ahead of 2027 satellite launch

Kenyan billionaire Jaswant Rai expands sugar business with $32 million investment

Mauritius hotelier Riveo cuts losses as sales surge past $19 million

Nigerian billionaire Abdul Samad Rabiu’s BUA Foods posts $334 million nine-month profit as costs decline

Kenmare Resources secures 20-year Moma export deal with Mozambique

Tanzania turns to Russia for space technology ahead of 2027 satellite launch

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