U.S. appeals court lets Elon Musk off the hook on DOGE deposition over USAID shutdown
A federal appeals court ruled Elon Musk will not face a deposition over DOGE's dismantling of USAID, reversing a lower court order.
Dorcas Adeodun
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.
Africa’s richest man eyes steel, power and ports as Dangote expands beyond his refinery
Aliko Dangote says his $650,000-barrel-a-day refinery is just the start. Steel, power and ports are next on the Africa's richest man's list.
Elon Musk's xAI is paying back $3 billion in bonds early
Elon Musk's xAI is moving to pay off $3 billion in junk bonds ahead of schedule, part of a sweeping financial reset tied to SpaceX's IPO push.
Stephen Saad's Aspen Pharmacare is racing to get Generic Ozempic approved in Canada by September
Africa's largest drugmaker is gunning for a Canadian green light on its generic version of Ozempic's key ingredient before summer ends.
Ibrahim Mahama, brother of Ghana's president, takes delivery of $70 million Bombardier Global 6500 private jet
Ibrahim Mahama, brother of Ghana's president, has taken delivery of a $70 million Bombardier Global 6500 private jet branded Dzata.
Aliko Dangote's refinery picks three banks for what could be Africa's biggest-ever stock market listing
Dangote Group appoints Stanbic IBTC, Vetiva and First Capital to lead a refinery listing that could be the largest equity offering in African market history
Elon Musk threatens to freeze Tesla's Berlin factory expansion as union showdown reaches boiling point
Elon Musk is threatening to halt expansion of Tesla's German factory as a century-old union battles for control of the workplace
7 businesses owned by the world's richest man Elon Musk
Elon Musk's business empire spans electric cars, rockets, brain chips and social media—and it keeps growing in unexpected ways
Richemont, LVMH and luxury giants take hit as U.S.-Israel strikes on Iran rattle markets and shut Gulf stores
Luxury stocks from Richemont to LVMH tumbled Monday after U.S.-Israel strikes on Iran shut stores and triggered a sell-off across global markets.
Capitec's billionaire founder Michiel Le Roux donated millions to Democratic Alliance
Michiel Le Roux’s investment vehicle gave the DA another major boost as fresh disclosures showed the party taking most declared donations late last year.
Zim billionaire Strive Masiyiwa's Liquid Intelligent lands $605m funding to accelerate Africa expansion
Liquid Intelligent secures $605m in fresh funding to cut debt, strengthen its balance sheet and expand digital infrastructure across Africa.
Aliko Dangote's cement company seals $1 billion Sinoma deal to expand across Africa
Dangote Cement signs a $1bn Sinoma deal to expand plants, boost capacity and strengthen its footprint across Africa.
Ghanaian tycoon Joseph Siaw Agyepong drawn into scrutiny over $130 million Kenyan waste contract
A $130 million Mombasa waste deal tied to Jospong has triggered court petitions and political pressure, putting Joseph Siaw Agyepong in focus.
Billionaire Abdul Samad Rabiu's BUA Group takes Nigeria’s food manufacturing drive to Paris
BUA Group spotlights its food manufacturing capacity in Paris, pushing Nigeria’s ambition to shape global food systems and trade
Aliko Dangote swaps luxury lifestyle for bold Nigeria industrial push
Aliko Dangote gave up luxury cars and global homes to focus on building factories and transforming Nigeria’s industrial future
Regius Capital makes market debut with $20 million Johnvents commercial paper deal
Regius Capital debuts in Nigeria’s debt market, backing Johnvents’ $20 million commercial paper issuance under its broader programme.