Nigerian billionaires to pay $6.9 million annually for foreign-registered private jets
Nigerian billionaires may soon face $6.9 million in annual fees for their foreign-registered private jets, sparking fears that operators could relocate to neighboring countries, cutting off crucial revenue for the government.
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Hesham El Ghoroury's Tiba wins Amethis backing to scale Egypt's rice-based food ingredients export push
Hesham El Ghoroury's Tiba for Starch & Glucose has secured a minority stake from Amethis to scale production capacity and expand into global export markets.
Chevron sells Angola oil blocks to Energean in $260M deal
Chevron is selling its stakes in two offshore Angola oil blocks to Energean for $260 million, marking the US major's latest portfolio trim.
South African trio sells stablecoin startup BVNK to Mastercard for $1.8 billion, becoming instant billionaires
South African co-founders Jesse Hemson-Struthers, Donald Jackson and Chris Harmse have sold stablecoin startup BVNK to Mastercard for up to $1.8 billion.
Mellody Hobson's $1 billion women's sports fund would be the largest ever
Ariel Investments is pushing Project Level toward a $1 billion target after closing $250 million for its women's sports fund.