Mauritanian businessman Moulay El Arby, founder and chief executive of Istithmar West Africa

Mauritanian businessman Moulay El Arby’s Istithmar to get $54 million backing for $220 million solar project

Istithmar West Africa (IWA) seeks IFC backing of $54 million for a $220 million solar project in Mauritania, pending approval.

Feyisayo Ajayi October 26, 2026

Business Global News Investments

Fertiglobe weighs $1.5 billion fertilizer plant investment in Egypt

Fertiglobe is weighing a $1.5 billion Egypt fertilizer complex that could produce 1.3 million tonnes of phosphate fertilizer annually by 2031.

Oluwatosin Alao October 26, 2026

Business Banking Billionaires Energy Hot News Latest

Nigerian oil tycoon Mohammed Indimi’s Jaiz Bank stake slips to $76 million from over $135 million

Mohammed Indimi’s Jaiz Bank stake falls to $76 million from $135.7 million as shares decline ahead of the lender’s third-quarter results.

Feyisayo Ajayi October 26, 2026

Business Hot News Investments

Ugandan educator Sam Turayeboreka’s Kabojja plans $11 million acquisition of Rainbow school

Kabojja International School plans an $11 million acquisition of Rainbow International School, with dfcu Bank providing nearly $8 million in financing.

Feyisayo Ajayi October 26, 2026

Mining Business

Australia’s Lotus Resources secures uranium export permits in Malawi

Lotus Resources uranium export permits clear the way for a first shipment from Malawi to France via Namibia's Walvis Bay port.

Timilehin Adejumobi October 26, 2026

Tag: Wicknell Chivayo

10 biggest publicly reported donations of late Zimbabwean businessman Wicknell Chivayo

Zimbabwean businessman Wicknell Chivayo, wife killed in helicopter crash

Zimbabwean businessman Wicknell Chivayo plans $200 million Kenya investment

Mauritanian businessman Moulay El Arby’s Istithmar to get $54 million backing for $220 million solar project

Fertiglobe weighs $1.5 billion fertilizer plant investment in Egypt

Nigerian oil tycoon Mohammed Indimi’s Jaiz Bank stake slips to $76 million from over $135 million

Ugandan educator Sam Turayeboreka’s Kabojja plans $11 million acquisition of Rainbow school

Australia’s Lotus Resources secures uranium export permits in Malawi

Mauritanian businessman Moulay El Arby’s Istithmar to get $54 million backing for $220 million solar project

Fertiglobe weighs $1.5 billion fertilizer plant investment in Egypt

Nigerian oil tycoon Mohammed Indimi’s Jaiz Bank stake slips to $76 million from over $135 million

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