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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.
Naspers unit Prosus has agreed to sell a 4.5% stake in Delivery Hero to Uber for about $290 million, cutting its holding to comply with European Union regulatory conditions.
Forbes counted 27 Black billionaires in 2026. Here are the 5 youngest on the list, led by Rihanna at 38 and LeBron James at 41.
Aliko Dangote's refinery exported 44,000 barrels of petrol per day in March 2026, making Nigeria a net petrol exporter for the first time in its history.
Rihanna has been named the 2026 Edison Achievement Award winner, becoming the first woman of color to receive the honor in the award's nearly 40-year history.
Abdulfatai Yahaya Seriki Gambari started Kursi Investments in 2005 and built it into one of Nigeria's largest gold mining operations across 30 states.
Elon Musk's Starlink has long led the satellite internet race. Amazon's $11.57 billion Globalstar acquisition signals the gap is about to get smaller.
Aliko Dangote is targeting $100 billion in revenue by 2030 with a $40 billion push into gas, mining, power and data centers across Africa.
Thomas Flohr's VistaJet is working with bankers on a potential IPO this year, sending bond prices higher after remarks made to lenders on an earnings call.
Fidelity Bank has crossed the CBN's N500 billion capital threshold after raising N259 billion in a single-day private placement, putting its eligible capital at N564.5 billion.
McKinsey says Africa's banking revenues crossed $100 billion for the first time in 2025, with most gains concentrated in five markets.
Tennis legend Serena Williams bet on rent-reporting fintech Esusu when most investors wouldn't. Now it's worth $1.2 billion and reaching 12 million renters.
South African billionaire Johann Rupert's Richemont is bringing nine maisons to the world's largest watchmaking gathering, in Geneva this month.
JoAnn Price launched Fairview Capital in 1994 when barely any pension fund had invested in a minority-led firm. Today, her empire spans $10 billion.
André Rice left corporate America in 1986 with a conviction and a plan. Four decades later, he manages $1.7 billion.
Bruce Hampton grew up in Cleveland, played Big Ten football and ranked first in his finance class. Then he went to Wall Street and never looked back.
From a $302 million minority-focused fund to a family office, Ben Carson Jr. has quietly built one of America's most distinctive investment empires.