South African billionaire Patrice Motsepe says only an election can remove FIFA's Infantino
CAF president Patrice Motsepe says FIFA's 211 members should decide Gianni Infantino's future at the ballot box, not his critics.
Dorcas Adeodun
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.
Lavish $20 million wedding of son of sanctioned Zimbabwe tycoon Kudakwashe Tagwirei lays bare elite state capture
Kudakwashe Tagwirei gifted his son $17.5 million in cash and prime land at a $20 million wedding attended by Zimbabwe's president, exposing the architecture of elite wealth accumulation in one of Africa's most impoverished economies.
Fidson founder Fidelis Ayebae targets Sub-Saharan Africa's biggest drug factory after record N119 billion revenue
Fidson Healthcare founder Fidelis Ayebae says ongoing expansion will make the company Sub-Saharan Africa's largest pharmaceutical manufacturer after a record N119 billion revenue year.
Coleman boss George Onafowokan says manufacturing is the missing link in Nigeria's $1 trillion economy push
Coleman Technical Industries managing director George Onafowokan says Nigeria's $1 trillion economy target by 2030 is achievable but hinges entirely on manufacturing, affordable power and patient capital.
Madagascar billionaire Hassanein Hiridjee joins IFC in Jumia's $50 million capital raise
Hassanein Hiridjee's Axian has backed Jumia's $50 million raise alongside the World Bank's IFC, as the e-commerce group narrows its losses.
AfDB-backed Africa50 raises $50M from Italy and France for green infrastructure fund targeting $10B
AfDB-backed Africa50 has secured $50 million from two European development finance institutions for a fund targeting $400 million to unlock $10 billion in green infrastructure investment across Africa.
Ibrahim Mahama's Damang mine employs 400 locals in four months as airstrip and roads take shape
Ibrahim Mahama's Damang Gold Mine has employed nearly 400 locals in its first four months of operation, with an airstrip, road corridor and sports facilities already taking shape in surrounding communities.
Rihanna's Fenty Beauty opens first Australian concept store inside Myer Melbourne
Rihanna's Fenty Beauty has opened its first Australian concept store inside Myer Melbourne, marking the brand's fourth concept store globally and its deepest retail push yet into the Australian market.
South African billionaire Christo Wiese blames Pick n Pay's decline on its dividends
Christo Wiese says Pick n Pay's habit of paying out cash rather than reinvesting left it unable to keep pace with Shoprite.
Nigerian tycoon Maher Jarmakani's Lagos port lands $1 billion from the world's biggest shipping line
Maher Jarmakani's Nigerdock has signed the world's biggest shipping line to a 45-year terminal deal at Snake Island Port in Lagos.
Esther Koimett becomes Middle East Bank Kenya's largest shareholder after inheriting Nicholas Biwott's stake
Esther Koimett, daughter of the late Kenyan billionaire and cabinet minister Nicholas Biwott, has emerged as Middle East Bank Kenya's largest individual shareholder with a 17.48% stake.
Standard Bank CEO Sim Tshabalala warns Temu and Shein could wipe out South Africa's manufacturing sector
Standard Bank CEO Sim Tshabalala has warned that cheap Chinese imports from platforms like Temu and Shein could decimate South Africa's manufacturing sector if Africa fails to act.
Elon Musk's SpaceX lands deal with Vietnam's VinSpace to launch first private satellites in 2027
Pham Nhat Vuong's VinSpace has signed a launch contract with Elon Musk's SpaceX to send Vietnam's first privately developed satellites into orbit in the second quarter of 2027.
Zimbabwean tycoon Billy Rautenbach's ethanol is blended into the petrol the country sells
Billy Rautenbach ran Congo's state mining company and was sanctioned by the US and EU. He built the plant behind Zimbabwe's fuel blending law.
Aliko Dangote eyes 2,000MW power plant and fertiliser complex in Tanzania after $800 million cement bet
Tanzania is courting Aliko Dangote for a 2,000-megawatt power plant, a fertiliser complex and port investments, building on his group's existing $800 million cement presence.
