Niger State invites Aliko Dangote into Bida Basin crude oil exploration
Niger State has invited Aliko Dangote and private investors to explore crude oil at the Bida Basin under a public-private partnership structure.
Rite Foods, owned by tycoon Adebola Adegunwa, wins court order halting rival's copycat energy drink in Nigeria
Nigeria's Federal High Court ordered Mamuda Beverages to stop producing Pop Power Energy Drink after finding it copies the Fearless bottle design.
Aigboje Aig-Imoukhuede headlines civil service summit as foundation returns as diamond partner
Access Holdings chairman Aigboje Aig-Imoukhuede has delivered the keynote at Nigeria's 2026 International Civil Service Conference as his Foundation returned as Diamond Partner.
Moroccan billionaire Anas Sefrioui discusses $46 million CIMAF cement expansion plan with Gabon's president
Anas Sefrioui's CIMAF presented a CFA26 billion expansion plan to Gabon's president on May 20, targeting a third cement line and expanded clinker production at the Owendo factory.
Billionaire Femi Otedola says he sold his Geregu Power stake to buy $100 million worth of Dangote Refinery shares
Femi Otedola confirmed he sold his Geregu Power stake to fund a $100 million investment in the Dangote Petroleum Refinery IPO as demand for the offering approaches $2 billion.
Aliko Dangote sets September IPO launch for $50 billion refinery as pre-orders near $2 billion
Aliko Dangote told reporters at the Lekki refinery the IPO will launch in September with private placement requests already approaching $2 billion.
Aigboje Aig-Imoukhuede calls Africa's risk premium a 'tax on development'
Access Holdings chairman Aigboje Aig-Imoukhuede told the Africa Forward Summit in Nairobi the continent's growth now depends on cutting its punitive cost of capital.
Qatar's billionaire Al-Khayyat family is bidding to build Africa's largest airport in Ethiopia
Qatar's Al-Khayyat family, through Power International Holding, is bidding to build Ethiopia's planned $12.5 billion Bishoftu airport and a 400-kilometre highway in the DRC.
Kevin Hart's Hartbeat is suing two former podcast employees over trade secrets
Kevin Hart's Hartbeat sued two former podcast executives for alleged trade secret theft, but a judge rejected part of the injunction request, calling the claims too vague.
Nigeria cleared its pension funds to invest in Aliko Dangote's refinery IPO and now he says the listing will democratise African wealth
Nigeria's pension regulator granted a one-off waiver allowing pension funds to invest in the Dangote Refinery IPO, as Dangote told South African pension chiefs the listing will democratise African wealth.
Tycoon Robert Gumede says South Africa's sugar industry must pivot to ethanol and electricity or risk becoming irrelevant
Robert Gumede told Business Day that South Africa's sugar industry is too narrowly focused on table sugar and must pivot to ethanol and electricity to survive global competition.
Kenyan banker James Mwangi eyes bank acquisitions along the Lobito Corridor for Equity Group
Equity Group CEO James Mwangi told Reuters the bank is targeting acquisitions in Angola, Zambia and Mozambique as it follows the Lobito Corridor trade route south.
Ghana wants 30% of every gold ounce, and Kenneth Ashigbey isn't ready to sign
Ghana wants 30% of every gold ounce its industrial miners produce, up from 20%, as the central bank rebuilds reserves. The miners aren't sold.
Nigeria's pension regulator clears pension funds to buy into Aliko Dangote's refinery IPO
The National Pension Commission has waived its own rules to let pension funds back the Dangote refinery's share sale, the largest in Nigeria's history
How AngloGold Ashanti doubled to $50 billion and dethroned Naspers as Africa's most valuable listed company
AngloGold Ashanti has doubled its market value to nearly $50 billion, dethroning Naspers as Africa's most valuable listed company amid record gold prices.
LVMH looks to sell its stake in Rihanna's Fenty Beauty for about $2 billion
LVMH is exploring the sale of its 50% stake in Rihanna's Fenty Beauty, valued by JPMorgan at up to $2.5 billion, as the luxury group resets its portfolio amid falling demand.