Omokolade Ajayi

Omokolade Ajayi is a financial reporter at Billionaires.Africa. Previously, he worked as a journalist at Nairametrics. Omokolade is a seasoned financial analyst and reporter with in-depth knowledge of and expertise in equity markets, and financial and economic analysis. He has a degree in economics and is a certificate holder of the CFA Institute’s Investment Foundation Program.

Patrice Motsepe, Sanlam in talks to acquire Absa Group’s asset management arm

The deal would create one of South Africa's biggest lenders.

Nigerian billionaire Abdulsamad Rabiu makes $2.4-million donation to University of Maiduguri

It is one of a handful of donations that the Abdul Samad Rabiu Africa Initiative is making to Nigerian universities.

First Bank Nigeria’s new top exec Urum Kalu Eke buys huge tranche of shares just weeks after Central Bank backlash

The move is raising some eyebrows, while others say it's just "business as usual."

Heineken negotiates to acquire Johann Rupert’s Distell Group

Distell is linked to South African billionaire Johann Rupert.

Elon Musk says Tesla has suspended vehicle purchases using Bitcoin

Tesla will be looking at other, more sustainable cryptocurrencies.


Nigeria’s richest banker Jim Ovia bolsters stake in Zenith Bank with 5 million new shares

Jim Ovia, who founded Zenith Bank in 1990, continues to play a significant role in shaping Nigeria's financial landscape.

Adidas drops lawsuit freezing $75 million payment to Kanye West’s Yeezy brand

While this marks a victory for Kanye West, the dispute is far from over as Adidas and Yeezy will now proceed with private arbitration.

Neal Froneman leads Sibanye to green future with wind energy deal

Neal Froneman leads Sibanye-Stillwater to a green milestone, secures wind energy deal for carbon neutrality by 2040

South African tycoon Sipho Maseko locks in $608 million to acquire Telkom stake

South African businessman Sipho Maseko secures $608 million funding for game-changing Telkom stake acquisition