Nigerian oil tycoon Jide Omokore acquitted of $1.6-billion fraud
Omokore is the chairman of Atlantic Energy Drilling Concepts Nigeria Limited.
South African mogul Neal Froneman’s latest pursuit: Zambian copper mines
Froneman’s interest in Zambia’s copper mining assets represents a major opportunity for the country.
Kenyan businessman Paul Ndung’u ousted as SportPesa shareholder amid legal battle
Ndung’u and Asenath Wachera Maina each owned 17 and 21 percent of Pevans East Africa.
Sasini, controlled by family of late Kenyan tycoon, aims for growth after reaching $10-million profit milestone
The late Kenyan tycoon Naushad Merali’s family owns a 65.46-percent stake in Sasini Tea.
U.S. Black billionaire Robert Smith’s Vista takes over KnowBe4 in cash deal
Smith is a successful private equity investor and philanthropist, who has been ranked among the top 100 richest people in the world.
Pope Francis to foreign powers: ‘Stop choking Africa!’
The pope’s Africa tour has received significant media attention all around the globe.
Bank of Nevis International becomes first Caribbean bank to launch tookitaki anti-money laundering tech
BONI joins other leading global banks to deploy next-generation AML technology.
Belarusian leader concludes visit to Zimbabwe
Belarus is attempting to expand its partnership base amid increasing global isolation.
Humphrey Kariuki: A glimpse at the Kenyan magnate’s properties and businesses
Kariuki’s business empire is vast and covers several industries, including energy, hospitality, real estate development, and more.
South African billionaire banker Michiel Le Roux loses $92 million in 19 days
Le Roux remains one of South Africa’s wealthiest businessmen.
Kenyan banker-turned-politician Peter Kenneth, others to pocket $40 million from Mayfair Bank sale
Mayfair Bank was established in June 2017 by a consortium of prominent investors led by Kenneth.
Zimbabwean businessman Paddy Zhanda sees million-dollar return from Masimba investment
Zhanda owns a beneficial 8.08-percent stake in Masimba Holdings.
Ennakl Automobiles owned by Tunisia’s Ben Yedder family achieves record revenue in 2022
Ennakl Automobiles is a leading Tunis-based automobile company.
Tunisian tycoon Abdelwaheb Ben Ayed’s Poulina Group surpasses $1.2 billion in revenue in 2022
Poulina Group is a Tunis-based conglomerate.
Disgraced South African Mogul Markus Jooste to face trial in Germany in April
Nearly two weeks ago, Jooste was served two fines totaling $882,000.
Nigerian billionaire Femi Otedola’s Geregu Power surpasses $800-million market cap on NGX
Geregu Power is a power-generating company.