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Five years after assuming control of OML 17, Heirs Energies points to production growth, safety milestones and financial discipline as proof of its operating model.
Mahamadou Bonkoungou to source helicopters for Gabon while expanding EBOMAF’s $3 billion infrastructure projects.
Egyptian entrepreneur Omar Khairy unveils RIGA Holding’s 2026 projects in Sao Tome, Senegal, Mozambique, and across sub-Saharan Africa.
Tony Elumelu’s Heirs Energies acquires 20% of Seplat for nearly $500 million, marking a major local investment in Nigeria’s energy sector.
Africa’s billionaires ramped up giving in 2025, funding schools, hospitals and startups as governments face tight budgets and rising public needs.
Heirs Energies secures $750 million from Afreximbank, marking one of the biggest funding deals secured by a locally owned energy producer on the continent.
Coco Gauff’s Mercedes-Benz deal crowns a stacked sponsor roster spanning luxury, tech, fashion and aviation, confirming her status as Gen-Z’s defining sports mogul.
From emPawa to mobile-money fintech and Rwandan housing estates, Mr Eazi has quietly built a diversified portfolio far beyond the afrobeats charts.
Indian and Indian-origin entrepreneurs have turned tiny shops and trading posts into some of Africa’s biggest empires.
Kinapharma chief Kofi Nsiah-Poku wins AGI presidency, succeeding Humphrey Ayim-Darke and promising tougher advocacy on power reliability, export growth and policy reforms for manufacturers.
Conoil Producing sells 50 percent of OPL257 to TotalEnergies, keeping 10 percent, advancing Nigeria’s offshore oil development.
African oil and gas producers should also seek to maximize their own capacities as they develop their own subsurface resources.
Nigerian billionaire and philanthropist Folorunsho Alakija donates a new hospital to Osun State, one of the country's less affluent states.
President Bola Ahmed Tinubu sent birthday wishes to Geregu Power chairman Femi Otedola, applauding his “visionary entrepreneurship,” energy-sector investments, and philanthropy in education, healthcare, and youth programs.
KCB Group plans to take a minority stake in Pesapal, the payments company founded by Agosta Liko in 2009. The tie-up gives Kenya’s biggest bank a foothold in merchant acquiring and digital rails, while Pesapal gains capital and distribution to scale across hospitality, travel, and SME retail.