Vodacom posts $4.1-billion revenue in H1 2024
Despite this growth, profitability faced challenges due to currency fluctuations in key markets such as Egypt and Ethiopia, which put pressure on service revenue.
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African Wealth Briefing — Wed., April 15, 2026
Benjelloun's O Capital delivers Morocco's tallest building, Musk alleges bribery in South Africa's Starlink licensing rules, and Masiyiwa unveils a $1 billion tech city near Harare.
Dangote turns Nigeria into net petrol exporter as refinery output climbs
Aliko Dangote achieved a historic milestone as his refinery turned Nigeria into a net petrol exporter, fundamentally shifting the nation's energy trade dynamics.
Tanzanian billionaire Rostam Aziz's Taifa Gas takes stake in Songo Songo as Orca Energy exits Tanzania
Rostam Aziz's Taifa Gas Tanzania has agreed to acquire a 49 percent stake in the Songo Songo gas field as Canada's Orca Energy exits for $10.
Swiss billionaire Thomas Flohr's VistaJet explores IPO
Thomas Flohr's VistaJet is working with bankers on a potential IPO this year, sending bond prices higher after remarks made to lenders on an earnings call.