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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.
Emmanuel Macron has announced €23 billion ($27 billion) in investment commitments at the Africa Forward Summit in Nairobi, France's first major summit co-hosted with an English-speaking African country.
Ali Haddad built Algeria's biggest private construction company from nothing. A border crossing with two passports ended his entire empire in one night.
Egypt's richest man has built and sold empires twice. Now he is staking $50 billion on American infrastructure from a new base in Abu Dhabi.
Aliko Dangote's net worth has surged to $35.9 billion, a year-to-date gain of $5.92 billion, as his refinery dominance, cement expansion and Kenya refinery plans accelerate his wealth creation in 2026.
FirstHoldCo is seeking shareholder approval to raise N253 billion in fresh capital as it pushes toward a N1 trillion paid-up capital base.
Cobus Loots's Pan African Resources has received court approval to acquire Emmerson Resources in a $219 million all-share deal that will consolidate full ownership of the Tennant Creek gold project and add a third stock exchange listing.
Ibrahim Mahama built West Africa's largest indigenous mining company from nothing, and now he owns the gold mine he once contracted.
FirstHoldCo surged nearly 10% on the NGX after Q1 profit jumped 72%, adding N49.6 billion in paper gains to Femi Otedola's 18.12% stake in a single session.
Elon Musk replied "$10T or bust" on X after his net worth crossed $800 billion, making him the first person in history to hold wealth equivalent to 2.7% of US GDP, surpassing John D. Rockefeller's century-old record.
Aliko Dangote is exploring a Kenya-based investment vehicle that would let African savers across the continent pool capital directly into Dangote Group companies and collect dividends in US dollars.
Kola Karim's Arkad Engineering has won a $1 billion Algeria gas contract alongside Egypt's PETROJET for the Hassi Bir Rkaiz field, the biggest deal yet from his 2024 acquisition of the Italian EPC firm.
Mohamed Farouk's ADES International has secured a $92.7 million offshore drilling contract with Seplat Energy in Nigeria, bringing the company's cumulative Nigerian contract value to over $843 million since entering the market in 2025.
Sundar Pichai's Google is in talks with Blackstone, KKR and EQT to give their combined portfolio companies access to its AI models, as OpenAI and Anthropic move to lock up the same customer base first.
Workers at Ebomaf Group's Gabon construction sites staged a peaceful protest on May 4, alleging unpaid leave, missing pay slips for up to a year, no accident insurance and salary blackmail.
Ibrahim Mahama's Damang Gold Mine has sold its entire first gold output of 110 kilograms, worth roughly $11.8 million, to the Ghana Gold Board for the Bank of Ghana's reserve programme.
Jim Ovia has retired as Zenith Bank chairman after completing the mandatory 12-year tenure under CBN governance guidelines, with Mustafa Bello approved to take over the chairmanship.