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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.
Elon Musk told biographer Walter Isaacson his fortune will mostly go to a foundation and that taxes would leave descendants “a tiny fraction” of it.
Metinvest, the steel group controlled by Ukrainian billionaire Rinat Akhmetov, may close or sell the Romanian pipe plant it bought less than a year ago.
News outlets owned by Mukesh Ambani and Gautam Adani are among 21 Indian publishers asking the Supreme Court to curb a privacy law.
Akash Ambani, eldest son of billionaire Mukesh Ambani, led the pitch for Jio's $3.2 billion IPO, India's most subscribed share sale, before Wednesday's listing.
OPay, the Nigeria-focused payments company founded by billionaire Yahui Zhou, seeks a $4.42 billion valuation in a New York IPO, with Standard Bank investing.
Elon Musk says SpaceX has closed $40 billion in debt to buy AI chips arriving next year, and warns credit is drying up for rivals.
Len Blavatnik's Access Industries has promised DAZN another year of financial support after the sports streamer lost nearly $1 billion in 2025.
The discovery of five baby orangutans in an Indian forest has renewed scrutiny of Vantara, the vast animal center run by billionaire Mukesh Ambani's family.
Patrice Motsepe's African Rainbow Minerals shares have lost about $300 million this year as the miner spends on platinum and fights its partner in court.
More than 90 works of American modern art from the private collection of H-E-B chairman Charles Butt go on show at a Houston museum.
Kenya's President William Ruto hit back at critics of Aliko Dangote's Kenya Pipeline stake, which has gained about $45 million as the shares surged.
Discovery Bank chief Hylton Kallner earned R51.3 million last year, outpacing group founder Adrian Gore for a fourth straight year despite a 16% pay cut.
Michael Bloomberg's foundation picked 14 US cities, including Miami, Pittsburgh and San Jose, to receive up to $750,000 each to speed up home building.
Moulay Hafid Elalamy's Saham Bank has launched a private banking and family office unit to help Morocco's richest families manage and pass on their wealth.
First HoldCo, the FirstBank parent chaired by billionaire Femi Otedola, grew nine-month pre-tax profit 61% to 911 billion naira on strong fee and trading income.
Aliko Dangote says his group has set aside $50 billion for investments between 2026 and 2030, and vows to tackle Africa’s energy deficit.