AMNI chief Tunde Afolabi Targets 12,000 bpd at Okoro in Nigeria offshore push
AMNI International has mobilised a drilling rig to Nigeria's Okoro field, targeting output above 12,000 barrels per day in a three-well offshore campaign.
Mining mogul Ben Magara steers Exxaro into $575 million manganese deal
Exxaro Resources, led by CEO Ben Magara, has completed a 575 million dollar deal to acquire premier manganese assets, securing a key role in the global transition to green energy and battery manufacturing
Dahabshiil founder Abdirashid Duale pledges $150,000 as drought deepens in northern Somalia
Dahabshiil pledged $150,000 for drought relief in northern Somalia, with founder Abdirashid Duale urging faster action as shortages spread.
Pentagon opens door to Elon Musk’s Grok in classified AI shift
Pentagon weighs adding Elon Musk’s Grok to classified systems as tensions with Anthropic grow over limits on military AI use
Nigerian oil magnate Muhammadu Indimi’s Oriental Energy ordered to pay daughters $43.51 million in dividend feud
A Nigerian court ordered Oriental Energy to pay Mohammed Indimi’s twin daughters $43.51 million, a sharp turn in a bitter family dividend fight.
Kenyan sports betting mogul Ronald Karauri enters Nairobi governor race ahead of 2027
Ronald Karauri, a businessman and Kasarani MP linked to SportPesa’s rise, has declared a 2027 bid for Nairobi governor.
20 businesses owned by Tanzanian billionaire Edha Nahdi
Inside Edha Nahdi’s 20 key businesses, from fuel and cement to logistics and smart grid technology, as Amsons expands across East Africa.
Madagascan billionaire Hassanein Hiridjee pushes into Nigeria's clean energy market
Hassanein Hiridjee’s AXIAN is expanding into Nigeria through WeLight, targeting hundreds of mini grids in a major clean energy push.
San Diego FC's billionaire owner Mohamed Mansour says club is focused on long term growth as Year 2 begins
Mohamed Mansour says San Diego FC is entering Year 2 with bigger expectations and a long term plan on and off the field.
Dangote Cement makes capital market history with first commercial paper listing on Nigerian Exchange
Dangote Cement has become the first company to list commercial papers on the Nigerian Exchange, marking a major milestone for Nigeria’s capital market and expanding funding opportunities for large corporates.
Dangote-backed IFC deal unlocks $20 million in loans for Ethiopian small businesses
Dangote plays a central role in a $10 million IFC initiative with Dashen Bank, designed to provide Ethiopian SMEs with access to $20 million in loans, fostering entrepreneurship and financial inclusion.
Kenyan tycoon Zedekiah Bundotich Kiprop's logistics firm hit with $6.7 million debt ruling
Kenya’s High Court cleared I&M Bank to recover Sh864.7 million from Buzeki Enterprises, ruling a promissory note must be enforced as written.
South African business titan Phuthuma Nhleko says Africa must rebuild confidence to meet 2050 growth test
Phuthuma Nhleko says Africa’s future hinges on a confident shared identity, warning demographics will outpace growth if mindset and institutions lag.
HUB Cyber Security to buy South Africa’s Ferrox, betting $125 million on a critical minerals mine
HUB Cyber Security agreed to buy South Africa’s Ferrox and the Tivani mine project in a $125 million equity deal tied to milestones.
Femi Otedola shapes leadership thinking as Making It Big reframes success beyond wealth
Making It Big by Femi Otedola is sparking fresh debate on leadership and personal growth, as readers reflect on mindset, discipline, reinvention, and purpose beyond financial success
How Aliko Dangote built a $32 billion industrial empire without tech
Aliko Dangote’s $31.9 billion fortune proves industrial power can rival tech wealth, built through cement, refining, and reinvestment across Africa