Skip to content
Billionaire investor Femi Otedola has sold 9.04 million shares in Geregu Power Plc through his investment vehicle Amperion Power, in a ₦9.29 billion ($6.25 million) deal that trims his controlling stake but keeps him firmly in charge.
Coca-Cola’s dominance in Africa rests on billionaire bottlers who drive its reach and growth, shaping one of the continent’s most valuable consumer networks.
Sol Daurella has turned a decades-old family franchise into one of Coca-Cola’s most strategic platforms in Africa. Her family’s ECCBC network spans 13 countries, with Casablanca now serving as its operational nerve centre.
As Ghana confronts rising hunger, energy entrepreneur Kevin Okyere urges the private and public sectors to unite in tackling food insecurity, while his foundation supports hundreds of families and spearheads skills-training initiatives.
Between 2019 and 2024, MacKenzie Scott gave $385 million to Africa-based groups. We track the ten biggest beneficiaries and what’s changed.
Odinga’s passing throws fresh attention on a low-profile business empire built around energy, manufacturing and family-run holding structures.
When Tribert Rujugiro Ayabatwa died in Dubai in April 2024, he left more than a fortune. From Uganda to Angola, his Pan-African tobacco empire—built on power, politics, and secrecy—passed to his heirs. The story of one of Africa’s most elusive fortunes enters a new chapter.
BetPawa, the African mobile betting platform founded by Kresten Buch, reported its biggest annual profit yet on surging digital wagers.
Tetracore Energy Group has appointed Oscar N. Onyema OON, Aisha Balewa Abubakar, and Dr. Ayodele Oni to its Board of Directors.
Tetracore Energy Group has appointed Mr. Dayo Williams as Managing Director of its subsidiaries, reinforcing the Group’s commitment to leadership excellence and innovation in Africa’s energy sector. With
A court in Abuja froze a Mars Aviation bank account as anti-graft investigators probe alleged sham oil-sector contracts tied to Abdullahi Bashir-Haske.
Facing political and financial pressure, Tanzania moves to seize MeTL’s tea assets in a high-stakes showdown with Africa’s youngest billionaire.
Oando chief Wale Tinubu was honored with a lifetime achievement award at Africa Energy Week for shaping indigenous energy growth.
A viral blog thrusts SportPesa investor Asenath Wacera into view, reviving her early role as the widow of ex-Nairobi mayor Dick Wathika.
Belemaoil struggles with low output on OML 55 while Elizabeth Jack-Rich’s Elin Group gains ground in Nigeria’s aviation sector, redefining the Jack-Rich business empire.
How have African footballers emerged as the future of the sport? Find out how they’ve gone from local heroes to global stars.