Angolan investor Zandre Campos buys into Refriango, the country's biggest drinks maker
Zandre Campos has entered the capital of Refriango through his investment firm ABO Capital, in one of Angola's most significant corporate deals.
Elon Musk quietly settled with Apple and now a judge wants to see the terms
Judge Mark Pittman ordered X Corp and SpaceXAI to produce any agreement with Apple after they dropped antitrust claims without explanation.
South African tycoon Japie van Niekerk buys a mall nobody else wanted in the Kalahari
New Africa Developments has completed its purchase of Kalahari Mall in Upington, its first asset in the Northern Cape, after Tribunal approval.
Billionaire Leon Black is held in contempt of Congress over Jeffrey Epstein
The House voted by unanimous consent to hold Leon Black in contempt for defying a subpoena, referring the matter to the Justice Department.
How billionaire Mofid Karameh built the Mikano empire in Nigeria making generators, cars and syringes
Mofid Karameh founded Mikano in 1993 servicing generators. It now has six divisions making cars, boats, syringes, brake pads and wafers.
Botswana tycoon Ramachandran Ottapathu wins approval to buy Engen but must sell 67 stations
Botswana's competition authority approved Ramachandran Ottapathu's purchase of 70% of Engen Botswana, on condition he sells 67 filling stations.
Kenyan billionaire John Kibunga Kimani lifts his Centum stake to 11.51%
John Kibunga Kimani raised his Centum stake to 11.51% in the year to March 2026, from 1.24% five years ago, buying 7.19 million more shares.
Algerian billionaire Issad Rebrab is now barred from running even his smallest companies
Issad Rebrab, 81, has been stripped of the right to manage the small companies he owns outside Cévital, three years after losing the group itself.
Billionaire Tyler Perry says he will never marry because divorce destroys fortunes
Tyler Perry told The Jennifer Hudson Show he will never marry, saying everyone he knows who did well and went broke did so through divorce.
Indonesia's billionaire Hartono family moves $1.4 billion offshore
Nine entities in Singapore and London tied to the Hartono family have invested at least $1.4 billion abroad since late 2023, Bloomberg reports.
Billionaire Larry Ellison cancels his plan to sell $7.5 billion of Oracle stock
Oracle said on Sept. 12 that Larry Ellison cancelled his 10b5-1 plan, that no stock was sold under it, and that he has no other plans to sell.
Billionaire Larry Ellison prepares to sell $7.5 billion of Oracle stock as shares collapse
Larry Ellison adopted a 10b5-1 plan in June to sell up to 50 million Oracle shares through Oct. 24, worth about $7.5 billion at current prices.
Zambia presses Indian billionaire Anil Agarwal's Vedanta to fund power for its copper mine
Zambia's president has urged Anil Agarwal's Vedanta to accelerate power investment to support its copper expansion at Konkola Copper Mines.
Kenya's wealthy Merali family acquires stake in pharmaceutical glass plant
The family of the late Naushad Merali is taking half of a pharmaceutical glass plant at Mombasa's Dongo Kundu economic zone.
South Korean billionaire Kwon Hyuk-bin loses 35% of Smilegate in a record $1.9 billion divorce
A Seoul court orders Smilegate founder Kwon Hyuk-bin to hand his ex-wife a 35% stake and cash worth $1.91 billion, a national record.
Moroccan billionaire Moulay Hafid Elalamy now holds 12.5% of Teleperformance
Moulay Hafid Elalamy has closed the €355 million derivative he used to build a stake in Teleperformance, and holds about 12.5% of the CAC 40 group.