How Ghanaian media mogul Osei Kwame Despite built his empire from cassettes
Osei Kwame Despite sold cassettes in Dunkwa before building Peace FM, UTV, salt and food businesses and Ghana's first major car museum.
Indian billionaire Gautam Adani signs deal for 770 MW hydropower project in Bhutan
Gautam Adani’s Adani Power has signed a deal with Bhutan’s DGPC to develop a 770 MW hydropower project under a 49:51 partnership.
Congolese billionaire Moïse Katumbi faces court battle over property dispute
Congolese billionaire Moïse Katumbi's half-brother is claiming three residences and two farms, with the Court of Cassation due to examine the dispute on Oct. 26.
South African billionaire Johann Rupert's Reinet buys back $15.6 million in shares
South African billionaire Johann Rupert's Reinet has spent about $100 million buying back 3.8 million shares since August, at prices roughly 36% below asset value.
Moroccan billionaire Aziz Akhannouch’s Afriquia Gaz posts MAD370 million profit in first half of 2026
Moroccan billionaire Aziz Akhannouch’s Afriquia Gaz reported MAD370.2 million in consolidated net profit for the first half of 2026, up 0.5% year on year.
Indian billionaire Mukesh Ambani’s Jio Platforms sets October 21 launch for $3.8 billion IPO
Indian billionaire Mukesh Ambani’s Jio Platforms plans to launch a $3.8 billion IPO on October 21, with shares expected to list on October 28.
Egyptian businessman Ahmed Heikal's Qalaa Holdings to raise $74 million to clear bank debts and double refinery stake
Egyptian tycoon Ahmed Heikal’s Qalaa Holdings will seek approval for a EGP3.87 billion capital raise to expand energy investments and strengthen its finances.
Ghanaian alcohol tycoon Kwabena Adjei is building a 27-storey luxury tower in Accra
Kwabena Adjei's Capemay Properties is building Selton Skye, a twin-tower Accra development where three-bedroom apartments start at $565,000, according to its sales brochure.
Cameroonian billionaire Baba Danpullo's fight with MTN Cameroon drags on
MTN Cameroon's court-frozen cash fell 53% in 2025 as its legal battle with billionaire Baba Danpullo's Bestinver group continued in the courts.
Discovery founder Adrian Gore and top executives sell $7 million in shares
Nine Discovery executives, including founder Adrian Gore, sold R117.9 million ($7.1 million) of shares after long-term incentive awards vested in September.
Moroccan tycoon Moncef Belkhayat builds $10.7 million logistics hub in Agadir
Moncef Belkhayat's La Voie Express Group will spend 100 million dirhams on a logistics hub near Agadir, its second site in the region.
Africa's richest man Aliko Dangote eyes Egypt after talks with el-Sisi
Aliko Dangote met Egyptian President Abdel Fattah el-Sisi to discuss investing in Egypt's energy, fertilizer and cement sectors, and asked for state support.
Africa's richest man Aliko Dangote blames oil firms for Kenya refinery protests
Aliko Dangote says local fuel marketers and international oil companies are behind protests against his $16 billion refinery in Lamu, Kenya.
Ghanaian billionaire Ibrahim Mahama pledges 5,000 bags of cement to Hohoe flood victims
Ghanaian billionaire Ibrahim Mahama has promised 5,000 bags of cement to rebuild flood-hit homes in Hohoe, his brother, President John Mahama, said Friday.
Ugandan billionaire Sudhir Ruparelia seeks $225 million from Rabobank over Crane Bank fallout
Sudhir Ruparelia is seeking at least $225 million from dfcu Bank, a Rabobank unit and others in a London trial over Crane Bank's 2017 sale.
Moroccan billionaire Moulay Hafid Elalamy's Saham Bank posts $95 million profit
Saham Bank, owned by Moroccan billionaire Moulay Hafid Elalamy, lifted first half profit 15.5% to $95 million as lending, fees and revenue all grew.