De'Aaron Fox signed a $229 million Spurs deal and is just getting started building his empire
De'Aaron Fox secured a $229 million San Antonio Spurs extension in August 2025 and is building a commercial empire as fast as he plays the game.
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.
Newmont CEO Natascha Viljoen sells $409,000 in shares as gold stock trades near all-time highs
Newmont Corporation CEO Natascha Viljoen sold 3,882 shares worth $409,000 on June 1 under a prearranged trading plan as gold stock trades near record highs.
Cameroonian heirs Gilbert and Nicole Kadji are pushing their late father's $205 million beverage empire into West Africa
Seven years after their father's death, Gilbert and Nicole Kadji are expanding Cameroon's Kadji Group into West Africa with a bold new canned beverage push.
Access Holdings, led by Aigboje Aig-Imoukhuede, lands $500 million IFC facility to scale local currency lending
Access Holdings has secured a $500 million International Finance Corporation deal to boost local currency financing across its banking network spanning more than 20 African countries.
Vincent Bolloré sold his African ports empire for €5.7 billion. African communities are now going after every bank that helped him do it
A coalition of African NGOs is pursuing Morgan Stanley, HSBC, Société Générale and Crédit Mutuel over their roles in Vincent Bolloré's €5.7 billion sale of his African ports empire to MSC, alleging the transaction laundered proceeds of corruption.
More than 200 Mohamed Al Fayed survivors will meet Keir Starmer today. Some are already tempering their expectations
More than 200 survivors of Mohamed Al Fayed's alleged sexual abuse are meeting UK Prime Minister Keir Starmer on June 3 in what groups describe as the first time a sitting prime minister has engaged directly with survivors tied to a single institution.
James Mwangi's Equity Group signs landmark ITC deal to unlock trade finance for East Africa's coffee, leather and creative sectors
Equity Group and the International Trade Centre have signed a partnership to unlock trade finance for East African small businesses in coffee, leather and creative industries.
Tycoon Tony Elumelu's Heirs Insurance hits two million customers, ranks among Africa's fastest-growing companies in 5 years
Tony Elumelu's Heirs Insurance Group has reached two million customers and ranked seventh on the Financial Times Africa fastest-growing companies list for 2026.
Elon Musk's SpaceX warns IPO investors of potential share dilution
SpaceX has warned prospective IPO investors that future acquisitions could dilute their ownership stakes as the company targets a $1.75 trillion listing on Nasdaq.
Kenyan advertising mogul Bharat Thakrar takes his WPP Scangroup board battle to shareholders at June 8 AGM
Scangroup founder Bharat Thakrar is heading into a shareholder showdown on June 8 to remove the entire board of WPP Scangroup over five years of losses.
Ghanaian billionaire Ibrahim Mahama took over Damang six weeks ago and has already ordered $250 million worth of equipment for it
Ibrahim Mahama's Damang Gold Mine has begun deploying a $250 million fleet of 52 heavy-duty machines, the largest capital injection by a wholly Ghanaian-owned large-scale miner in recent memory, six weeks after taking over the mine from Gold Fields.
Rihanna made more from one powder compact at the Super Bowl than from performing the songs that made her famous
Rihanna's 50/50 joint venture with LVMH turned Fenty Beauty into a billion-dollar asset. Her entire 20-year music career, by comparison, generated an estimated $100-200 million in total earnings.
Byron Allen takes over Stephen Colbert's CBS slot and buys BuzzFeed in a massive media power play
Byron Allen has seized Stephen Colbert's CBS late-night slot and acquired BuzzFeed in a bold media expansion that caps decades of building Black-owned broadcast infrastructure.
Billionaire Dr. Dre and Rep. Maxine Waters clash over $360 million Compton School bond measure
Dr. Dre and Rep. Maxine Waters have landed on opposite sides of a $360 million Compton school bond measure ahead of Tuesday's vote.
Benjamin Fernandes built NALA until it broke under its own growth. A $50 million credit line is how he fixes that
Benjamin Fernandes's NALA has secured a $50 million non-dilutive credit facility from Liquidity and MUFG Bank to pre-fund stablecoin cross-border payment corridors as enterprise demand from US, European and African businesses accelerates sharply.
Ghanaian multimillionaire Richard Nii Armah Quaye's ex-wife demands $2.5 million in divorce battle
Joana Quaye rejected RNAQ's GH¢2 million ($129,032) divorce offer as condescending and demanded GH¢40 million ($2.58 million), Accra mansions and shares in his companies.