Nigerian beverage mogul Adegunwa says investing in education pays the best dividends
At Summit University’s convocation, Chancellor Sulaiman Adegunwa says every naira put into quality learning yields returns Nigeria can’t afford to ignore.
JSE tech CEOs pocket R1.38bn ($81.5m) in 2025 as Naspers, Karooooo lead payout surge
South Africa’s top JSE tech bosses shared R1.38bn ($81.5m) in 2025 pay as profits rebounded and a few companies drove the index.
CFO of the Year Sam Nwanze of Heirs Energies on billion-dollar risks, resilience and African energy finance
Sam Nwanze reflects on the high-stakes decisions, crises and philosophy of Africapitalism that shaped his rise to CFO of the Year in African energy.
How This Nigerian Couple Turned 50 Bags of Cement Into a Multi-Million-Dollar Retail, Logistics, and Oil Empire
Twinsfaja Group began with just 50 bags of cement on credit and a single motorcycle for deliveries. Today, Taiye and Kemi Fajana run a multi-million-dollar retail, logistics and oil empire across Lagos, Ogun and Kwara.
Meet South African fintech veteran Leonard Shenker, who just sold his company for $23.5 million
Capitec’s R400m buyout of Walletdoc hands founder Leonard Shenker a rare South African fintech exit and secures the bank a ready-made payments engine.
Burkina Faso’s Idrissa Nassa rebrands TotalEnergies unit as Barka Energies in landmark acquisition
Idrissa Nassa’s Coris Invest Group has rebranded TotalEnergies Burkina as Barka Energies, turning a global asset into a fully Burkinabè fuel operator.
Dubai ruler meets African billionaires as UAE courts deeper investment, energy and AI ties
Sheikh Mohammed bin Rashid told African business and philanthropic leaders the UAE sees the continent as a strategic partner for resilient, inclusive growth.
Dis-Chem founder Ivan Saltzman to step down from executive board role in 2026
Dis-Chem founder Ivan Saltzman will step back again in 2026, ending an executive era as the family reshapes its shareholding.
Nestoil founder Ernest Azudialu-Obiejesi faces fresh pressure as appeal stalls over who speaks for company
A court battle over who represents Nestoil delays an appeal, keeping Ernest Azudialu-Obiejesi’s accounts frozen and OML 42 stake in receivership.
Ackerman family gives up majority control of Pick n Pay as Allan Gray’s stake grows
Pick n Pay’s founding family falls below 50% control as Allan Gray ups its stake, sharpening focus on the retailer’s troubled turnaround.
Prudential’s exit plan tests Patrice Motsepe’s grip on Alexforbes
Prudential’s possible Alexforbes exit hands Patrice Motsepe a pivotal moment: tighten African Rainbow Capital’s control or share power with a new global investor.
Inside Black Coffee’s empire: 15 businesses and investments owned by the South African DJ
From Soweto venues to Silicon Valley–backed startups and Cape Town’s most expensive house, Black Coffee has turned DJ fees into a serious investment empire.
Flex raises $60 million Series B to build AI “private bank” for high net worth business owners
Flex raises fresh funding to scale its AI-native private bank, targeting high net worth middle-market owners juggling complex business and personal finances.
Nigerian billionaire Abdul Samad Rabiu orders Bombardier Global 8000 business jet
Abdul Samad Rabiu’s BUA Group adds a Bombardier Global 8000 to its fleet, signalling fresh expansion bets from Lagos to Dubai.
Nigerian businessman Emeka Offor gets respite in $111 million loan fight in London
A London court has pressed pause on a $111 million loan fight, handing Nigerian tycoon Emeka Offor rare breathing room in a long-running saga.
Nigerian billionaire Abdulsamad Rabiu’s BUA Group to build 40tph feed mill in Kano
BUA Group founder Abdulsamad Rabiu has signed a deal with Turkey’s Viteral to build a 40TPH feed mill in Kano, targeting Nigeria’s livestock deficit.