Burkinabè billionaire Idrissa Nassa pushes Coris Bank into Central African Republic
Coris Bank International, founded by Burkinabè businessman Idrissa Nassa, plans to open in the Central African Republic as it pushes into Central Africa.
Billionaire Femi Otedola spends $160 million again on First HoldCo shares, lifting stake to $1.07 billion
Femi Otedola has spent another $160 million, on 1.78 billion additional First HoldCo shares, lifting his stake to $1.08 billion.
Patrice Motsepe's ARM has lost 21% this year as analysts question his platinum bet
ARM has fallen 21% this year while Anglo American and BHP gained, as analysts question the R15.2 billion revival of the Bokoni platinum mine.
South African billionaire Ivan Saltzman quits Dis-Chem board, ending the founding family's 48-year presence
Ivan Saltzman resigned from the Dis-Chem board with immediate effect, barely three weeks after taking the non-executive seat he retired into.
Billionaire Patrice Motsepe rules out South African presidency and FIFA bid in double denial
Billionaire Patrice Motsepe has ruled out running for South Africa's presidency, and separately rejected any interest in leading FIFA after Gianni Infantino.
Cameroon's richest man Baba Danpullo launches Douala fund to manage family fortune
Cameroon's richest man Baba Danpullo has launched Danpullo Capital, a Douala joint venture with Kessner Capital, to grow family assets.
Bill Gates visits Rwanda to review AI health rollout backed by $50 million pilot
Bill Gates is in Rwanda to review its health and AI progress, months after his foundation and OpenAI made it the launch site for a pilot.
Nigerian businessman Hakeem Belo-Osagie, Tom Ilube back artificial intelligence centre at University of Benin
Hakeem Belo-Osagie and Tom Ilube have pledged backing for an artificial intelligence centre at the University of Benin's new N100 billion trust fund.
Mohammed VI's sisters expand property empire with Delano Marrakech deal and French land
The three sisters of Morocco's king are deepening property bets, from a Delano hotel in Marrakech to French supermarket land.
Nigerian tycoon Tope Shonubi's Sahara Group wins 31-year Kenya gas terminal lease amid Senate probe
Kenya has leased state refinery land in Mombasa to Sahara Group's Asharami Synergy for 31 years, in a gas terminal deal now facing parliamentary scrutiny.
Tycoon Sandile Zungu gathers regional backing as SAFA nomination deadline nears
Sandile Zungu's challenge for the SAFA presidency has gained momentum, with a rival withdrawing in his favour ahead of the July 29 nomination deadline.
Group demands government action over raid on Ghanaian tycoon Sam Jonah's Nigerian real estate company
A Ghanaian group has demanded government intervention over a raid on Sam Jonah's Jonah Capital at Abuja's River Park Estate amid a disputed ownership fight.
Botswana tycoon Chandra Chauhan's Sefalana says government red tape killed his factory plans
Botswana's Sefalana says two food manufacturing projects, a dairy and a cooking-oil plant, collapsed for lack of government support, its managing director said.
Billionaire Baba Danpullo's legal battle clouds Tiger Brands' $46 million exit from Cameroon
A long-running legal battle by billionaire Baba Danpullo has frozen part of Chococam's funds, complicating Tiger Brands' exit from the Cameroon cocoa processor.
Billionaire Tunde Folawiyo's Aje oil field partner PetroNor moves to exit Nigeria
PetroNor has appointed Talanger to sell its stake in Nigeria's Aje oil field, unwinding its partnership with billionaire Tunde Folawiyo's Yinka Folawiyo Petroleum.
Billionaire Nassef Sawiris' Aston Villa signs record Visit Rwanda shirt sponsorship deal
Aston Villa, co-owned by Egyptian billionaire Nassef Sawiris, has signed a record shirt sponsorship with Visit Rwanda worth up to £20m a year.