TMG reports $9.4 billion in sales, fueled by booming demand for luxury real estate
TMG Holding's SouthMED and Benan projects fuel $9.4 billion in sales, showcasing the strong demand for luxury coastal living in Egypt and Saudi Arabia.
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Yomi Jemibewon’s CardinalStone seeks $120 million for West Africa SME push
CardinalStone Capital Advisers is raising a $120 million fund to back West African SMEs, led by co-founder and investor Yomi Jemibewon.
Austrian tycoon Andreas Sohmen-Pao's BW Energy acquires stakes in Angolan oil blocks for $310 million
BW Energy, led by chairman-owner Andreas Sohmen-Pao, is buying stakes in Chevron-run Block 14 and 14K offshore Angola in a $310 million deal.
South African billionaire Patrice Motsepe net worth climbs to $3.7 billion
Patrice Motsepe’s net worth rises to $3.7 billion as gains in Harmony Gold and African Rainbow Minerals lift his fortune.
The richest woman on the Nigerian Stock Exchange, Awele Elumelu, becomes chairperson of Transcorp Hotels
Transcorp Hotels appointed Dr. Awele Vivien Elumelu as board chair from Jan. 1, 2026, replacing Emmanuel Nnorom, the company said.