Jamaica’s richest man Michael Lee-Chin invests $500,000 in digital ad firm Visual Vibe
Michael Lee-Chin’s Portland PJX invests US$500,000 in Jamaica’s Visual Vibe, backing the island firm’s move toward a pre-IPO expansion.
Algeria’s richest man Issad Rebrab faces test as France puts home-appliance maker Brandt in receivership
A French court put Cevital’s Brandt into receivership, testing Issad Rebrab’s cross-border bet and putting 750 French jobs under court protection.
South African billionaire heir Hanneli Rupert is building Africa’s next luxury brand—on her terms
Born to South African luxury royalty, Hanneli Rupert is building an ethically minded brand—and network—on her own terms.
South Africa’s Datatec arm Logicalis buys UK consultancy to boost services
Logicalis UK&I acquires Q Associates to bolster advisory and consultancy strengths, reinforcing Datatec’s push deeper into services-led growth.
Ugandan multimillionaire Patrick Bitature gets temporary relief in $10 million loan fight
Uganda’s top court paused enforcement of a $10 million award against businessman Patrick Bitature, giving him temporary relief in his long-running loan dispute.
JSE slams Namibian businessman’s Trustco for ‘unacceptable’ conduct in mining sale
The JSE imposed a ZAR 5 million fine on Trustco and flagged “unacceptable” conduct tied to the sale of its mining arm without shareholder consent.
Malagasy tycoon Mamy Ravatomanga calls for calm during nationwide non-violence observances.
Madagascar tycoon Mamy Ravatomanga calls for calm, condemns looting and job losses during nationwide non-violence observances.
Moroccan tycoon Youssef Moamah’s CMGP acquires CPCM for $110 million to create chemical-agriculture giant
Multimillionaire Youssef Moamah leads CMGP’s bold push, acquiring 92.5% of CPCM in a MAD 1 billion ($110 million) deal to expand his chemical-agriculture empire.
Flutterwave’s GB Agboola bets on stablecoins to power Africa’s next fintech boom
Flutterwave CEO Olugbenga “GB” Agboola unveils a strategy to make stablecoins central to Africa’s payment future, linking it to the continent’s youth-driven fintech boom.
South African tech founders Brett and Mark Levy pocket $4.3m as Cell C rebound drives bonuses
Blu Label’s co-CEOs reaped R74.3m ($4.3m) in 2025, driven by incentive plans tied to Cell C’s restructuring and surging share price.
Nigeria’s bank chiefs: Big salaries, luxury homes, but tiny stakes
Nigeria’s leading bank CEOs command giant lenders, yet their own stockholdings remain modest by global standards — raising questions about alignment with investors.
Jailed Angolan billionaire Carlos São Vicente taken to Luanda clinic for urgent medical checks
Carlos São Vicente, imprisoned in Angola for economic crimes, was taken to a Luanda clinic for specialist tests, prompting speculation over his health.
Nigerian gas tycoon Julius Rone nears FID on $5 billion FLNG project with Vitol as key buyer
At Africa Energy Week 2025 in Cape Town, Rone confirmed the $5 billion FLNG project is nearing FID, with Vitol and Seplat on board.
Billionaire Strive Masiyiwa boosts family governance as two daughters join Econet Wireless board
Econet Wireless Zimbabwe adds Sarah Masiyiwa as alternate director alongside Elizabeth Tanya, cementing the Masiyiwa family’s legacy in the telecom empire.
Loay Jassim Al-Kharafi’s Wafa Insurance moves to fully acquire Delta Insurance in Egypt
Under Al-Kharafi’s watch, EKH is backing Wafa’s bold push to absorb Delta Insurance and reshape Egypt’s insurance landscape.
Kenyan billionaire Vimal Shah’s Bidco, Egyptian Swiss Group eye food market expansion
Vimal Shah’s Bidco Africa explores a partnership with Egyptian Swiss Group to expand food manufacturing and strengthen supply chains across East and Central Africa.