Pharrell Williams signs luxury deal with Moët & Chandon champagne
Pharrell Williams has partnered with Moët & Chandon on a new campaign centred on shared luxury moments, extending his growing footprint in the global luxury goods sector.
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.
Kenyan billionaire Vimal Shah and ex-CBK governor lose $15 million Tatu City battle at Privy Council
Bidco Africa chairman Vimal Shah and former CBK governor Nahashon Nyagah have lost their two-decade fight to retain a stake in Kenya's Sh240 billion Tatu City development.
Holocaust Museum bans Kanye West over Nazi rants
Amsterdam's National Holocaust Museum has banned Kanye West from visiting, saying it will not serve as a stage to rehabilitate an image damaged by antisemitic statements.
Nigerian Oil tycoon Ahonsi Unuigbe’s Petralon exports 350,000 barrels from Dawes Island
Nigerian independent Petralon Energy has exported over 350,000 barrels from Dawes Island after its third consecutive well lifted combined field output to 4,800 bopd.
Senator Abdulaziz Yari to chair first Geregu Power AGM after $750 million buyout of Otedola's stake
Senator Abdulaziz Yari chairs his first Geregu Power AGM on June 30, six months after a $750 million deal handed Nigeria's most valuable listed power company to a new owner.
Tony Elumelu's Heirs Energies wins global award for landmark $750 million oil financing deal
Tony Elumelu's Heirs Energies has won Best Oil & Gas Deal of the Year for its $750 million financing with Afreximbank, one of Africa's largest indigenous energy deals.
Egypt's Talaat Moustafa Group signs MOU with Saudi Arabia's $925 billion sovereign wealth fund
Egypt's Talaat Moustafa Group has signed a landmark MoU with Saudi Arabia's $925 billion PIF to develop mixed-use real estate projects across the Kingdom.
Kanye West's $400 million empire after the Adidas fallout
Kanye West lost $6 billion when Adidas dropped him in 2022 and is now rebuilding a $400 million empire with no corporate partner and no apology.
Merali family's Sasini terminates $61 million Kenyan coffee estate sale after buyer defaults
Sasini Plc, majority owned by Kenya's Merali family, has cancelled the planned Sh7.9 billion sale of its Gulmarg coffee estate after the buyer failed to meet contractual obligations.
Nigerian billionaire Femi Otedola gave $14 million to charity in 2019 and just explained why he has no regrets
Nigerian billionaire Femi Otedola revisited his record $14 million donation to Save the Children and explained why he measures wealth by lives changed not money accumulated.
Ronald Karauri's SportPesa paid $14.7 million for football rights. He's now suing 20 companies for using it wrong
Ronald Karauri's SportPesa has sued 20 companies including ESPN, Sofascore and Betway for broadcasting FKF Premier League data without recognizing the SportPesa Premier League branding secured under a $14.7 million deal.
Africa's richest man spent $20 million trying to fix Nigeria's tomato problem and the country let him down
Aliko Dangote invested $20 million in Nigeria's largest tomato processing factory in 2016. A decade later, the country's broken supply chain has defeated his ambition.
Tycoon Anna Mokgokong's Tamasa signs $1.35 billion LNG deal to transform the Eastern Cape's energy landscape
Professor Anna Mokgokong's Tamasa Energy Group has signed a $1.35 billion LNG terminal agreement with Transnet at the Port of Ngqura in South Africa's Eastern Cape.
Fidelis Ayebae asked for $12.9 million to keep building Fidson. Investors sent $15.2 million instead
Fidelis Ayebae's Fidson Healthcare has closed its N21 billion ($12.9 million) rights issue 117% oversubscribed, receiving N24.65 billion in applications against N21 billion available, validating three decades of building Nigeria's leading indigenous pharmaceutical manufacturer.
Samaila Zubairu just raised $2 billion for Africa's infrastructure and half the room was Asian banks
Samaila Zubairu's Africa Finance Corporation has closed a $2 billion syndicated loan, its largest ever, with Asian and European banks each accounting for 35% of participating lenders, reflecting deepening global interest in African infrastructure.
Africa's richest man built Nigeria's Peugeot assembly plant from scratch and it now rolls out 120 cars a day
Africa's richest man Aliko Dangote acquired a Peugeot assembly licence in 2017 and built a modern car factory in Kaduna that began production in 2022.