Meet Nigeria’s young real estate multimillionaires
Across Nigeria, a new generation of real estate developers is turning concrete and land into the country’s next fortunes.
Editorial Team
Nigerian tycoon Solomon Onafowokan opens Africa’s largest fibre-optic cable plant
Coleman Technical Industries chairman Asiwaju Solomon Onafowokan has launched a massive fibre-optic cable factory in Sagamu, boosting Nigeria’s digital-economy capacity and reducing dependence on imported network infrastructure.
LNG: How arbitration battles are redefining the global gas trade
A wave of billion-dollar legal battles—from BP’s arbitration win against Venture Global to Nigeria LNG’s London defeat—shows how the once-stable LNG market is now shaped by courtrooms, not contracts.
Femi Otedola donates $2.8 million for Augustine University engineering block
Billionaire Femi Otedola has committed ₦4 billion to build a new electrical and electronics engineering block at Augustine University, reinforcing his role as the institution’s largest private benefactor.
Petralon 54 inaugurates Host Community Development Trusts for Dawes-Island Communities
Petralon 54 launches Host Community Development Trusts in Dawes-Island to empower Ogoloma and Koniama communities.
The CAF Returns to Profit Under Patrice Motsepe’s Leadership
Under Patrice Motsepe, CAF posted a $9.48m profit, boosting prize money as African billionaires deepen their investment in football.
The Secret Billionaire Powering $5 Trillion in Global Trades Every Month
From coder to market mover, Exness CEO Petr Valov built an algorithm-driven brokerage that scaled from a niche idea to a global platform, emphasizing ethics, speed, and access for everyday traders.
10 Best Forex Brokers in Africa
Africa’s forex boom—powered by better internet and digital payments—has opened markets to millions. This guide ranks the 10 best brokers for African traders, focusing on local deposits/withdrawals, reliable regulation, strong platforms, and real customer support.
Femi Otedola sells $6.25 million in Geregu shares
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.
7 African multi-millionaires who built fortunes bottling Coca-Cola
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: The Spanish billionaire who controls a Coca-Cola empire across Africa
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.
Energy investor Kevin Okyere warns Ghana must act as 12 % face food insecurity
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.
MacKenzie Scott pours $385 million into Africa: who got it and what’s working
Between 2019 and 2024, MacKenzie Scott gave $385 million to Africa-based groups. We track the ten biggest beneficiaries and what’s changed.
Raila Odinga’s quiet business empire: energy, real estate and strategic stakes
Odinga’s passing throws fresh attention on a low-profile business empire built around energy, manufacturing and family-run holding structures.
Inside the secretive succession of Rwandan tobacco billionaire Tribert Rujugiro’s empire
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 posts record $111 million profit in 2024
BetPawa, the African mobile betting platform founded by Kresten Buch, reported its biggest annual profit yet on surging digital wagers.