Aliko Dangote cement surge pushes Nigerian stock market past N111 trillion
Investor demand for Dangote Cement and other major stocks pushed Nigeria’s stock market value past N111 trillion, extending February’s rally on strong earnings sentiment.
Zim billionaire Strive Masiyiwa’s Econet delisting and InfraCo spinoff draws scrutiny as investors weigh payout terms
Strive Masiyiwa’s Econet is pitching a $1bn InfraCo spinout, but an analyst warns shareholders to scrutinize valuation, liquidity and payout terms.
valU founder Walid Hassouna tops $174m African startup funding in January 2026
African startups raised $174 million in January, extending a fourth year trend of tighter funding as investors concentrate capital on fewer, larger deals.
Ghanaian businessman Dr Ernest Sampong hailed as Ernest Chemists marks four decades of leadership
Ghana’s government has praised Dr Ernest Sampong’s four decades of leadership as Ernest Chemists celebrates its role in strengthening local pharmaceutical manufacturing.
Nigerian entrepreneur Yinka Adewale's Nomba acquires Canadian payments company
Nomba CEO Yinka Adewale says owning regulated Canadian infrastructure allows African businesses to move money faster, cut costs, and trade globally with confidence.
Kenyan beverage tycoon Kimani Rugendo seeks Supreme Court lifeline in Malindi land battle
Kevian chairman Kimani Rugendo wants the Supreme Court to weigh a retrial order he says could reshape how long running land cases are handled.
Nigerian entrepreneur Tosin Eniolorunda's Moniepoint processed $297 billion in 2025
Moniepoint’s explosive transaction growth suggests founder Tosin Eniolorunda may be sitting atop one of Nigeria’s largest fintech revenue machines yet.
South African tycoon Giovanni Ravazzotti's Italtile faces five-year shareholder loss as stock trails market
Italtile investors are sitting on a five-year loss despite earnings growth, raising questions about market confidence and long-term value.
Glencore shareholder Ivan Glasenberg invests $328 million into Astron Energy’s South Africa expansion
Billionaire Ivan Glasenberg’s Glencore is investing $328 million to upgrade Astron Energy’s Cape Town refinery, deepening its footprint in South Africa’s fuel market.
Nigerian billionaire Abdulsamad Rabiu drives FX loss cut as BUA Foods profit hits N507.73bn
BUA Foods sharply reduced FX losses in 2025 as disciplined operations and energy diversification lifted profit to N507.73 billion.
Nigerian billionaire Abdulsamad Rabiu tops stock gains in 2025, beats Dangote
Abdul Samad Rabiu emerged as Nigeria’s biggest stock market winner in 2025, overtaking Aliko Dangote as soaring share prices lifted billionaire fortunes.
Wale Tinubu’s Oando grows profit 10 percent as upstream output jumps in 2025
Oando Plc posted a stronger profit in 2025 as rising oil and gas output offset lower revenue from trading shifts and strategic portfolio realignment.
South African billionaire Michiel Le Roux’s Capitec to grow branches and ATM network as rivals scale back
Capitec plans to expand branches and ATMs in 2026, betting that physical access still matters as rivals cut networks and push deeper into digital banking.
Hassanein Hiridjee pushes Axian deeper into finance with VIA Assurance launch in Madagascar
Axian chief Hassanein Hiridjee has launched VIA Assurance in Madagascar, betting that simpler products and faster service can grow a thin insurance market.
9 businesses owned by celebrity chef Ayesha Curry
Beyond the kitchen, Curry shapes industries with her unique ventures from International Smoke to Forward, blending her passions with impactful business strategies.
6 businesses owned by Ice T
From street life to stardom, Ice-T’s journey spans groundbreaking rap albums, iconic acting roles, philanthropic efforts, and successful business ventures.