Meet Frank Baker, the Detroit kid who became a Wall Street multimillionaire
Frank Baker grew up in Detroit, got his Wall Street break through a nonprofit internship programme, and built Siris Capital into a $7 billion private equity firm.
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.
Meet Adeyemi Ajao, the Nigerian-Spanish entrepreneur who built the first Black-led billion-dollar venture capital firm in Silicon Valley
Adeyemi Ajao grew up in Spain, taught himself to code, sold two companies, and built the first Black-led billion-dollar venture capital firm in Silicon Valley.
South African billionaire Koos Bekker watches MultiChoice bleed as the empire he built fights for survival
Koos Bekker built DStv from an MBA thesis into Africa's biggest pay-TV empire. Now it is losing subscribers, channels and its identity.
Patrice Motsepe's African Rainbow Capital is fighting a US company's bid to block a South African court from ruling on a $195 million Tanzania lawsuit
A US company is contesting Johannesburg high court jurisdiction in a $195 million lawsuit against Patrice Motsepe's African Rainbow Capital.
Kenyan banker James Mwangi set to pocket $5.6 million dividend
Equity Group's record 2025 profit will pay CEO James Mwangi more than Sh734 million in dividends as the board raises its payout by 35%.
Fawn Weaver's Uncle Nearest bankruptcy bid thrown out as receivership fight deepens
A federal judge dismissed Fawn Weaver's bankruptcy bid for Uncle Nearest, ruling she had no authority to file while the company is in receivership.
Warner Music Group faces Nigerian lawsuit risk over disputed Burna Boy catalogue
Warner Music Group faces Nigerian legal action over Burna Boy's early catalogue as a shareholder dispute escalates and a compliance deadline passes unanswered
Chevron sells Angola oil blocks to Energean in $260M deal
Chevron is selling its stakes in two offshore Angola oil blocks to Energean for $260 million, marking the US major's latest portfolio trim.
Dangote Refinery drives $3.74 billion in crude imports into Nigeria as trade patterns shift
Aliko Dangote's refinery drove $3.74 billion in crude imports into Nigeria in 2025, flipping the country's oil trade script entirely.
Aliko Dangote's refinery helps push Nigeria's balance of payments to $4.23bn surplus in 2025
Nigeria swung to a $4.23 billion balance of payments surplus in 2025, powered by Dangote Refinery exports and surging diaspora remittances.
Sanctioned Zimbabwean tycoon Kudakwashe Tagwirei paid $1.8 million for President Mnangagwa's old Aston Martin at a charity auction
Sanctioned tycoon Kudakwashe Tagwirei paid $1.8 million for President Mnangagwa's old car at a Harare auction, then donated it back.
Patrice Motsepe emerges as top pick to lead ANC and become South Africa's next president
Billionaire Patrice Motsepe is the frontrunner to lead the ANC and become South Africa's next president, according to a leading political analyst.
Billionaire Dr. Dre sells Carbon Beach home for $16.5 million in quiet off-market deal
Andre Young, known professionally as Dr. Dre, has quietly sold his Carbon Beach waterfront home in Malibu for $16.5 million.
Elon Musk's Starlink goes live in Central African Republic, drawing desperate pleas from blacked-out Iranians
Elon Musk's Starlink has gone live in the Central African Republic, reaching one of Africa's most internet-starved nations as Iranians beg for access.
Dangote signs $4.2 billion gas deal with China's GCL Group to build East Africa's biggest fertilizer plant
Aliko Dangote has sealed a $4.2 billion, 25-year natural gas deal with China's GCL Group to fuel East Africa's biggest fertilizer plant.
Johann Rupert loses $77 million valuation battle over his Leopard Creek luxury golf estate
A tribunal confirmed the $77 million municipal valuation of Johann Rupert's Leopard Creek estate, handing Nkomazi Municipality a sweeping legal victory