One Earth, One Game, One Mind: The Cosmic Philosophy of Kirsan Ilyumzhinov
From Buddhist steppes to African villages, Ilyumzhinov shares why saving Earth means saving the cosmos.
Africa's richest man Aliko Dangote steps down as chairman of cement company
Dangote's move is seen as part of a broader leadership transition.
Kenyan oil tycoon Abdinasir Ali Hassan eyes Mozambique gas, energy deals
Abdinasir Ali Hassan's Hass Petroleum, which distributes petroleum products in more than 11 countries across East Africa, is looking to venture into upstream operations.
Burkina Faso's richest man Mahamadou Bonkoungou donates $2.8 million to displaced families
Dédougou, in Burkina Faso’s Boucle du Mouhoun region, has suffered mounting insecurity in recent months from Islamist armed groups and terrorists. Attacks have left hundreds of local dwellers displaced.
Nigerian fertilizer tycoon Thomas Etuh's bank accounts frozen over $16.1 million debt
Thomas Etuh's TAK Group is one of the largest blenders of fertlizer in nigeria and also helps farmers and agribusinesses move fertilizer, grain and other farm produce across the country—all the way from assembly points and silos to blending plants, processing centers and final markets.
Co-op Bank Kenya CEO Gideon Muriuki raises stake with $1.57 million share purchase
Gideon Muriuki, CEO of Co‑operative Bank of Kenya, has boosted his personal stake in the lender by acquiring an additional 12 million shares valued at KSh 202.8 million (approximately US $1.57 million) — raising his stake from 2% to 2.2%.
Uganda's richest man Sudhir Ruparelia launches new Grade-A office park in Kampala
The 19-story tower, completed this month, is the first phase of the sprawling Pearl Business Park, a multi-billion-dollar development that aims to create a mixed-use enclave featuring office spaces, retail outlets, health facilities, and leisure amenities.
Angolan oil tycoon Joaquim David’s Etu Energias kicks off drilling drive on flagship Congo Basin block
Etu Energias plans to drill at least three development wells, probe one exploration location and carry out five work overs in existing wells.
Nigerian tech billionaire Gbenga Agboola's Flutterwave secures payment license in Senegal
With this license, Flutterwave is positioned to help businesses in Senegal scale by offering its full range of seamless digital payment services.
Meet Nigerian mining billionaire and polo buff, Murtala Laushi
Murtala Laushi has quietly turned Malcomines into one of Nigeria’s largest mining empires, extracting everything from iron ore to rare earths while creating thousands of jobs.
Motswana private equity tycoon Bame Pule acquires stake in Medlane Holdings
Bame Pule is the founder of Africa Lighthouse Capital (ALC) which has a diverse investment portfolio in sectors such as insurance brokerage, pension fund administration, funeral insurance, healthcare, and consumer credit.
Nigerian oil billionaire Muhammadu Indimi to earn $600,000 Jaiz Bank dividend
Indimi, who holds nearly 13.1 billion shares—equal to a 29.36 percent stake, is the largest shareholder in Jaiz Bank, the first Islamic bank in Nigeria.
Sudan’s richest family, the Elnefeidis, seeks $17 million from the IFC to import wheat
Sudan's richest family, the Elnefeidis, is seeking a $19 million facility from the International Finance Corporation to support wheat imports for its Cameroon business.
After expanding to 99 countries, Elon Musk’s Starlink secures approval in Zimbabwe
Launched in Africa in 2022, Starlink has rapidly expanded its footprint, with Elon Musk emphasizing the company’s commitment to operating wherever legally permitted.
U.S.-Nigerian telecom mogul Sam Darwish’s stake in IHS rises by $2.8 million
This follows a $9.63 million loss he recorded between May 7 and 16, when his holding fell from $55.13 million to $45.50 million.
Black executive Kenneth Frazier loses $3.7 million from Merck & Co. stake
Kenneth Frazier, a top figure among America’s top Black executives, owns a 0.028-percent stake in Merck & Co., equivalent to 705,220 shares.