Lagos-based Greek tycoon makes $30 million from Flour Mills stake
John Coumantaros' 63% stake in Flour Mills gains $30 million YTD, fueled by strong financial performance and a buyout plan.
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South African billionaire Saltzman family's Dis-Chem stake declines by $26.3 million
This comes after a period of growth in 2024, reflecting the group’s resilience last year.
Airtel Africa joins forces with Bajaj Finance to launch digital financial platform
The collaboration aims to revolutionize last-mile delivery of financial services by leveraging their combined scale and distribution reach.
Nigerian oil mogul Wale Tinubu’s Oando wins Angola’s KON 13 block
This marks a key step in the company’s efforts to increase its oil production capacity to 100,000 barrels per day as part of its broader global expansion plans.
MTN Nigeria, led by Karl Toriola, secures $27.1 million through commercial paper issuance
The issuance is part of the company’s N250-billion ($160.56 million) commercial paper program.
Latest
South African billionaire Saltzman family's Dis-Chem stake declines by $26.3 million
This comes after a period of growth in 2024, reflecting the group’s resilience last year.
Airtel Africa joins forces with Bajaj Finance to launch digital financial platform
The collaboration aims to revolutionize last-mile delivery of financial services by leveraging their combined scale and distribution reach.
London office skyscraper owned by Eswatini’s richest man loses $76 million in value
While the property has seen a decline in market value, Natie Kirsh’s wealth has grown remarkably.
Caxton appeals to constitutional court over Media24’s $2.5 million restructuring deal
Caxton appeals Media24’s $2.5 million restructuring plan, citing risks to media diversity, rural access, and competition in South Africa’s shifting print landscape.