Meet Esther Muchemi, M-Pesa's first agent who became a multimillionaire
When M-Pesa launched on March 6, 2007, Esther Muchemi held agent number 0001. She had no idea what was coming.
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.
Africa's richest man, Dangote is building a 1,100km offshore gas pipeline to power Nigeria's industrial future
Aliko Dangote is quietly building a 1,100km offshore gas pipeline network to move Niger Delta gas to Nigeria's industries and export hubs.
Aliko Dangote's refinery tenders 84,000 tons of jet fuel and diesel as Africa's biggest refinery chases global markets
Dangote refinery has issued tenders to sell 84,000 tons of jet fuel and gasoil in March, marking a new chapter in its export push.
Quavo hit with $2.9 million IRS tax lien covering three years of unpaid taxes
The IRS filed a nearly $3 million federal tax lien against Quavo in January, covering three straight years of alleged unpaid taxes.
Nigerian oil producer Moni Pulo turns 12 as CEO Seinye Lulu proclaims a “Season of Increase”
At its 12th Corporate Praise event, Moni Pulo's CEO declared a new season of growth, gas development and expanded reserves in Nigeria's Niger Delta.
France investigates late Harrods owner Mohamed Al-Fayed and his brother for sex trafficking
French magistrates have opened a sex-trafficking probe into the late Mohamed Al-Fayed and his brother, with victims describing a network chillingly similar to Jeffrey Epstein's.
Billionaire Moulay Elalamy's Saham Group moves to deepen its stake in teleperformance with a $412m equity swap
Saham Group has executed a $412 million equity swap to boost its position in Teleperformance, the global customer services company it helped build.
U.S. appeals court lets Elon Musk off the hook on DOGE deposition over USAID shutdown
A federal appeals court ruled Elon Musk will not face a deposition over DOGE's dismantling of USAID, reversing a lower court order.
Africa’s richest man eyes steel, power and ports as Dangote expands beyond his refinery
Aliko Dangote says his $650,000-barrel-a-day refinery is just the start. Steel, power and ports are next on the Africa's richest man's list.
Elon Musk's xAI is paying back $3 billion in bonds early
Elon Musk's xAI is moving to pay off $3 billion in junk bonds ahead of schedule, part of a sweeping financial reset tied to SpaceX's IPO push.
Stephen Saad's Aspen Pharmacare is racing to get Generic Ozempic approved in Canada by September
Africa's largest drugmaker is gunning for a Canadian green light on its generic version of Ozempic's key ingredient before summer ends.
Ibrahim Mahama, brother of Ghana's president, takes delivery of $70 million Bombardier Global 6500 private jet
Ibrahim Mahama, brother of Ghana's president, has taken delivery of a $70 million Bombardier Global 6500 private jet branded Dzata.
Aliko Dangote's refinery picks three banks for what could be Africa's biggest-ever stock market listing
Dangote Group appoints Stanbic IBTC, Vetiva and First Capital to lead a refinery listing that could be the largest equity offering in African market history
Elon Musk threatens to freeze Tesla's Berlin factory expansion as union showdown reaches boiling point
Elon Musk is threatening to halt expansion of Tesla's German factory as a century-old union battles for control of the workplace
7 businesses owned by the world's richest man Elon Musk
Elon Musk's business empire spans electric cars, rockets, brain chips and social media—and it keeps growing in unexpected ways
Richemont, LVMH and luxury giants take hit as U.S.-Israel strikes on Iran rattle markets and shut Gulf stores
Luxury stocks from Richemont to LVMH tumbled Monday after U.S.-Israel strikes on Iran shut stores and triggered a sell-off across global markets.