Amr Abol-Enein on opportunity, risk and Egypt’s capital markets
The CEO of CI Capital AM discusses reform, gold investing and the future of wealth management.
Co-op Bank Kenya CEO Gideon Muriuki acquires additional shares worth $1.2 million
Co-op Bank CEO Gideon Muriuki bought 5.5 million more shares worth Sh148 million, lifting his stake to 2.3% as dividends rise.
Family office of Morocco's King Mohammed VI appoints new CEO
Morocco’s Al Mada promoted deputy CEO Noufissa Kessar after Hassan Ouriagli’s death, betting on continuity at one of Africa’s biggest investors.
Nigerian businessman Abdulaziz Yari’s Ma'am Energy set for $12 million Geregu Power dividend payout
Geregu Power’s N9 dividend hands Ma'am Energy a N17.325 billion payout, boosting Abdulaziz Yari’s profile in Nigeria’s power sector.
Zimbabwean tycoon Mutumwa Mawere dies at 66 after storied business career
Mutumwa Mawere, a towering figure in Zimbabwean business whose empire spanned mining to banking, has died in South Africa at age 66.
Egyptian tycoon Hani Berzi's Edita expands Africa reach with HoHos, Twinkies and Tiger Tail deals
Edita Food Industries expands its African footprint after acquiring HoHos, Twinkies and Tiger Tail brand rights beyond the Middle East and North Africa.
Billionaire Jannie Mouton’s Curro takeover raises tax questions for investors in Capitec and PSG share swap
Jannie Mouton’s Curro deal swaps investors into Capitec and PSG shares, triggering fresh questions about tax dates, valuations and record keeping.
Nestoil, Neconde and Ernest Azudialu’s appeals suffer defeat as the Supreme Court orders them back to the Court of Appeal
The Supreme Court halted multiple appeals, directing parties back to the Court of Appeal and warning lawyers that debt recovery disputes should focus on repayment, not delays.
Nigerian billionaire Abdul Samad Rabiu offers cash bonuses to Super Eagles after Algeria win
Rabiu promised $500,000 for a semifinal win and $1 million for the title, adding extra payments for every goal scored.
South Africa needs more black billionaires, ANC's Fikile Mbalula says
Fikile Mbalula says empowerment policy must deliver more Black billionaires, defending BEE as the DA pushes an alternative bill.
South African tycoon John Copelyn’s HCI to sell Hermanus mall stake for $36 million in latest property exit
Hosken Consolidated Investments will sell its 65% stake in Whale Coast Village Mall, a move CEO Johnny Copelyn says frees capital for growth.
Nigerian businessman Nzan Ogbe's Levene Energy secures $64 million Afreximbank loan for Axxela stake
Afreximbank approved a $64 million facility for Levene Energy as founder Nzan Ogbe pushes deeper into Nigeria’s gas infrastructure.
7 African Billionaires Betting Big on Cement
From Lagos to Casablanca, homegrown moguls turned limestone into fortunes, reshaping Africa’s cement map and building booms.
Aliko Dangote petitions anti-corruption agency to probe ex oil regulator Farouk Ahmed
Dangote has asked Nigeria’s EFCC to investigate former oil regulator Farouk Ahmed, escalating a dispute over alleged lavish spending and abuse of office.
Meet the Kenyan beer tycoon challenging Diageo's $2.3 billion EABL sale to Asahi
Peter Burugu built a beer distribution empire after leaving EABL. Now he is in court, trying to stall Diageo’s $2.3 billion exit.
King Mohammed VI lists late mother’s Paris homes for $35 million
Morocco’s royal family has listed three Paris area properties tied to the late Princess Lalla Latifa, drawing fresh attention to royal wealth.