Cameroon's richest woman Kate Fotso recovers after a brutal cocoa season
Kate Fotso's Telcar Cocoa is getting a late-season boost after its worst trading year in three decades, when purchases plunged more than 50 percent
Egypt's Farida Khamis bet the family carpet fortune on a $680 million petrochemical plant
While her sister runs the world's largest carpet maker, Farida Khamis built Egypt's only integrated polypropylene producer and chairs a $680 million industrial bet.
Algerian billionaire Abderrahmane Benhamadi's Condor just signed deals to sell electronics in Rwanda and Tanzania
Abderrahmane Benhamadi's Condor Electronics has signed export agreements to supply Algerian-made electronics and home appliances to Rwanda and Tanzania under the AfCFTA framework.
Malawian billionaire Thom Mpinganjira donates $58,000 to fund repatriation of Malawians stranded in South Africa
Malawi's first billionaire Thom Mpinganjira has donated K100 million to support the government's repatriation of Malawians facing abuse and hardship in South Africa.
IDH chief executive Hend El- Sherbini launches $291 million bid to take Egypt's diagnostics giant private
IDH chief executive Hend El Sherbini and co-investor Moamena Kamel have launched a $291 million bid to take the diagnostics group private and delist it from London.
Johann Rupert's Richemont invests $11 million in Italian leather hub to serve Cartier, Montblanc and three other maisons
Johann Rupert's Richemont has poured more than $11 million into expanding its Scandicci leather production hub in Italy, more than doubling the facility's size.
Morocco rejects plan to nationalise Ethiopian billionaire Mohammed Al-Amoudi's collapsed SAMIR refinery
Morocco's upper house has rejected a bid to nationalise the SAMIR refinery, the shuttered facility once owned by billionaire Mohammed Al-Amoudi that collapsed under $4 billion in debt.
Michael B. Jordan owns a Premier League club but can't sell his $12.5M mansion
Michael B. Jordan can't sell his $12.5 million Encino mansion. His most valuable real estate is the Premier League stadium his club just bought back.
Billionaire Johann Rupert's Richemont posted its strongest year on record but China remains its biggest vulnerability
Johann Rupert's Richemont posted record sales of €22.4 billion in fiscal 2026 but analysts warn China's ongoing luxury slowdown remains the group's most significant structural vulnerability.
Cameroonian banking billionaire Paul Fokam launches Africa Diamond Invest securities firm in Togo
Cameroonian billionaire Paul Kammogne Fokam's Afriland First Holding has launched Africa Diamond Invest, a new securities firm targeting West African financial markets from a Lomé base.
Nigerian energy group Aradel Holdings posts $552 million profit in 2025
Aradel Holdings has posted N757.3 billion profit after tax for FY 2025, up 192%, as landmark acquisitions fundamentally reset the scale of Nigeria's leading indigenous energy group.
Billionaire Femi Otedola owns more of FirstHoldCo than fellow bank chairmen Elumelu, Aig-Imoukhede or Ovia ever did
Femi Otedola now owns 20.42 percent of FirstHoldCo, more than any sitting Nigerian banking chairman, and the comparison with Elumelu, Aig-Imoukhede and Ovia tells a compelling story.
Nairobi court dismisses bid to halt tribunal proceedings in tycoon Chris Obure's $59 million Senteu Plaza battle
A Nairobi court has dismissed a bid to halt tribunal proceedings tied to Chris Obure's SBS Dunhill Group and its KSh7.6 billion Senteu Plaza dispute.
Billionaire Femi Otedola buys 680 million more FirstHoldCo shares and tightens his grip with a 20.42 percent stake
Femi Otedola has acquired approximately 680 million FirstHoldCo shares through its recently completed N45 billion private placement, lifting his total stake to 20.42 percent.
Nigerian billionaire Michael Ade-Ojo sold his first Toyota in 1965 to build an empire that includes car factories and universities
Michael Ade-Ojo started selling cars in Nigeria in 1965. Six decades later, his Elizade Group controls Toyota Nigeria, a $50 million assembly plant and a university.
Liberian-American multimillionaire Richelieu Dennis is sued for defamation by the former CEO of his Essence Ventures
Caroline Wanga has filed a defamation lawsuit against Liberian entrepreneur Richelieu Dennis, alleging he let a false narrative destroy her reputation after the 2025 Essence Festival.