Author: Victor Olayiwola
Victor Olayiwola
I am Victor Olayiwola, a tech writer for Africa Entrepreneur and a strategic forex trader. I share stories on innovation and entrepreneurship in Africa while breaking down markets with precision. Always learning and creating, i blend tech and trade to inspire the next wave of young hustlers.
MUSCAT, Oman, April 14, 2026 Renaissance Services (www.RenaissanceServices.com), Oman’s leading integrated facilities management (IFM) and accommodation solutions company, has announced the completion of its acquisition of Socat LLC, the Omani arm of the French multinational Sodexo, as part of a strategic growth initiative. The acquisition further consolidates Renaissance’s market leadership and expands its service capabilities across the Sultanate. Socat’s client base includes commercial and institutional facilities, and this strategic acquisition enhances Renaissance’s operational footprint and adds new value-based facility management (FM) capabilities to the Company’s portfolio. Speaking on the occasion, Samir J Fancy, Chairman of the Board of Directors, Renaissance…
CAPE TOWN, South Africa, April 14, 2026 Africa’s downstream sector is back on the radar as global supply disruptions brought about by the Gulf war highlight a need for a strategic re-thinking of African energy systems. With over 600 million people living without access to electricity, 900 million people living without access to clean cooking solutions and African oil demand set to reach 4.5 million barrels per day (bpd) by 2050, industry stakeholders at ARDA Week 2026 issued a call to expand refining capacity, reduce import dependency and unlock greater value from the continent’s hydrocarbon resources. Delivering a keynote address…
CAIRO, Egypt, April 14, 2026 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced the signing of the Hosting Agreement with the Government of St Kitts and Nevis for the fifth edition of the AfriCaribbean Trade and Investment Forum (ACTIF2026). The signing of the host agreement highlights a shared resolve to deepen Afri-Caribbean partnerships and enhance trade and economic ties. ACTIF2026 will take place from 29–31 July 2026 at the St. Kitts Marriott Beach Resort, Casino & Spa in Basseterre. Commenting on the signing, Dr George Elombi, President and Chairman of the Board of Directors of Afreximbank, noted that: “At the fifth edition…
CAPE TOWN, South Africa, April 14, 2026 As global aluminium prices surge – hitting a four-year high of $3,492 per ton in March 2026 – driven by tensions in the Middle East, the upcoming African Mining Week (AMW) 2026, scheduled for October 14-16 in Cape Town, will explore the challenges and opportunities emerging for Africa within the global aluminium supply chain. The closure of the Strait of Hormuz – which accounts for approximately 12% of global aluminium trade – and attacks on industrial infrastructure across the Middle East – a region responsible for 9% of global output – are disrupting…
JOHANNESBURG, South Africa, April 13, 2026 The African Energy Chamber (AEC) (www.EnergyChamber.org) has welcomed bp’s acquisition of a 60% operating interest in three offshore exploration blocks in Namibia, describing the move as a strong endorsement of Africa’s frontier basins and the continent’s growing role in global energy supply. The transaction, which gives bp operatorship of blocks PEL97, PEL99 and PEL100 in Namibia’s Walvis Basin, marks a significant expansion of the UK supermajor’s African upstream footprint. The assets were acquired from Eco Atlantic Oil & Gas, with bp stepping into a position that places it closer to Namibia’s rapidly evolving deepwater…
CAPE TOWN, South Africa, April 13, 2026 Senegal is reinforcing the policy architecture behind its new hydrocarbons era, with the Ministry of Energy, Petroleum and Mines launching reforms to the legal framework for local content in the extractive sector in March 2026. The reforms are aimed at improving national value retention while maintaining momentum on upstream and infrastructure development. The move comes as Dakar works to translate first oil and first gas into broader industrial growth, stronger domestic participation and long-term energy security. Against this backdrop, Birame Soulèye Diop, Senegal’s Minister of Energy, Petroleum and Mines, will speak at African…
JOHANNESBURG, South Africa, April 13, 2026 Few figures have been as closely associated with the rise of the cryptocurrency industry as Binance (www.Binance.com) co-founder Changpeng Zhao (CZ). In his new memoir, Freedom of Money, A Memoir of Protecting Users, Resilience, and the Founding of Binance, CZ offers a candid account of the early days of crypto, the rapid explosion of Binance, and the personal consequences of building at the centre of one of the fastest moving industries in modern finance. Available globally from 08th April 2026 on Amazon Kindle and Paperback, Freedom of Money traces CZ’s journey from his early life…
JOHANNESBURG, South Africa, April 13, 2026 Africa Data Centres (www.AfricaDataCentres.com), a business of Cassava Technologies, a global technology leader of African heritage, has partnered with fibre optic cable infrastructure provider Oni-Tel Fibre Networks to strengthen connectivity across its Gauteng facilities. Under the agreement, Oni-Tel will deliver high-speed, low-latency connectivity to Africa Data Centres’ Midrand and Samrand campuses through its Infinity fibre interconnection platform. Purpose-built for data centre interconnectivity on a resilient network with direct access to Gauteng’s key data centre hubs, this provides customers with fast, high-capacity bandwidth and secure, carrier-grade performance, supporting the levels of uptime required in today’s…
PARIS, France, April 11, 2026 TotalEnergies’ Senior Vice President for Africa, Mike Sangster, will speak at the Invest in African Energy (IAE) Forum in Paris on April 22–23, as the company pushes forward a dense slate of upstream and LNG developments across the continent. Africa remains central to TotalEnergies’ global portfolio, accounting for roughly half of its operated production and the largest share of its exploration budget. That footprint is now translating into a new wave of project execution and investment decisions expected to shape output through 2026 and beyond. In the Republic of Congo, the company committed $500 million…
NAIROBI, Kenya, April 11, 2026 The Ascott Limited (www.DiscoverASR.com), the wholly owned lodging business unit of Capital and Investment (CLI), has announced the signing of Citadines Westview Nairobi, a 160-key hotel located in the capital’s established Kilimani district. The new property will complement the existing 162-key Somerset Westview Nairobi serviced apartments, forming a strategic dual-brand offering that enhances Ascott’s ability to serve both short- and extended-stay demand across a broader range of traveller segments. Scheduled to open in the first quarter of 2028, Citadines Westview Nairobi is designed to cater to a growing mix of both corporate and leisure travellers…