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News Reporter
Dorcas Adeodun is a journalist covering finance, public policy, and economic development. She has more than five years of reporting experience and has worked across business reporting and institutional analysis.
Olakunle Williams's Tetracore Energy Group has achieved simultaneous ISO certification across quality, environment and occupational health and safety at multiple Nigerian sites, verified by Bureau Veritas.
UAE-based African Rail Co. is raising $170 million to buy locomotives and wagons for South Africa's newly privatized freight rail network, targeting the Durban and Mozambique corridors.
Ibrahim Mahama's Engineers and Planners has disbursed $2 million of its $5 million pledge to Ghana's Black Stars World Cup fundraising campaign, the largest single corporate commitment to the drive.
Tshepo Mahloele will collect $22 million from Capitec's record R9.27 billion dividend, despite recently selling $840 million worth of shares and cutting his stake to 3.85%.
Sunil Mittal's Airtel Africa is targeting a London IPO for its Airtel Money unit that could raise up to $2 billion and value the business at as much as $10 billion, people familiar with the matter said.
Brett and Mark Levy's Blu Label Unlimited moves R108 billion a year as South Africa's dominant distributor of prepaid electricity and airtime, serving 35 million customers monthly.
Oprah Winfrey has signed a multiyear deal with Amazon's Wondery, handing the company her podcast, Book Club, Favorite Things franchise and the full archive of her 25-season talk show.
Elon Musk took the witness stand April 28 in his $134 billion lawsuit against OpenAI and Sam Altman, arguing the company he helped found betrayed its original mission to benefit humanity.
Aliko Dangote is considering listing his refinery on the Ethiopian Securities Exchange as part of a pan-African IPO push that could reshape capital markets across the continent.
Aliko Dangote's refinery supplies more than 95% of Nigeria's aviation fuel and has exported 1.1 billion liters to Europe, even as airlines say fuel middlemen are pushing prices up by 300%.
Rihanna has launched Fenty Beauty in India with a Mumbai pop-up and a private visit to the Ambani family at Antilia, deepening the brand's push into one of the world's fastest-growing beauty markets.
The Michael Jackson biopic opened to $217.4 million globally in its first weekend, setting an all-time record for music biopics and wildly surpassing studio estimates of $70 million.
UBA shares fell 10% Monday after the bank declared no final dividend for FY2025, erasing N34.7 billion from Tony Elumelu's stake in a single morning session.
Shaquille O'Neal earns $95 million a year and is worth $500 million. His Big Chicken has 350 locations in development and he holds a stake in a $20 billion brand empire.
About 60 former Brandt employees plan to sue Cevital in 2 French courts in May, calling their dismissals abusive and seeking civil damages from Algeria's biggest private company.
Coscharis Group chairman Cosmas Maduka says a South-East seaport would end Lagos's monopoly on Nigeria's import and export economy and force the city to compete.