Michael Jordan's 'Last Dance' jersey sells for record $12.26 million
Michael Jordan's Game 3 jersey from the 1998 NBA Finals sold for $12.26 million, the most ever paid at auction for a basketball jersey.
Billionaire Ken Griffin buys Miami's Mana Wynwood for $1.1 billion
Ken Griffin has paid about $1.1 billion for Moishe Mana's Wynwood complex, the land where Carnegie Mellon plans to build its new Miami campus.
Dangote refinery runs above full capacity for the first time
Dangote's refinery ran at 105% of capacity in August, supplying 71% of Nigeria's petrol and cutting diesel imports by more than 80%.
South African billionaire Michiel le Roux's Capitec lifts profit 19% to R9.5 billion
Capitec's headline earnings rose 19% to R9.5 billion in the six months to August, with active clients up 7% to 26.6 million.
Nigerian tycoon Eruani Azibapu lines up 9,000 filling stations for a refinery eight years late
Nigeria's retail fuel association is negotiating to buy petrol directly from Azibapu Eruani's Azikel Refinery for its 9,000 member outlets.
Standard Bank buys the Angolan bank shares seized from jailed tycoon Carlos São Vicente
Angola raised $224 million selling a 34% stake in Standard Bank de Angola, shares seized from Carlos São Vicente, with demand nearly double.
South African tycoon Chris Seabrooke's $12.6 million share gift will build a Wits arts precinct
Wits will build a R341 million cultural precinct in Braamfontein, funded mainly by the 1.4 million Sabvest shares Chris Seabrooke donated.
Wealthy Indian hotelier Jaisal Singh's SUJÁN buys two Zambian safari camps on the Zambezi
Jaisal Singh's SUJÁN has bought Chiawa Camp and Old Mondoro from Chiawa Safaris in Zambia's Lower Zambezi. Terms were not disclosed.
Kenyan tycoon Peter Muthoka pockets $19 million profit selling his airport cargo business
Peter Muthoka made a Sh2.5 billion profit selling Transglobal Cargo Centre to Turkey's Celebi for $40.1 million, roughly twice its asset value.
Indian billionaire Kumar Birla's family lifts its Grasim stake to 45.07%
The Birla promoter group bought 13.68 million Grasim shares on the open market between February 2024 and September 2026, taking it to 45.07%.
Billionaire Jensen Huang's Nvidia approves a record $150 billion share buyback
Nvidia authorised another $150 billion of share buybacks on Sept. 28, taking its remaining capacity to $235 billion through fiscal year 2028.
Nigerian billionaire Aliko Dangote's cement arm targets 80 million tonnes of capacity
Dangote Cement will add about 25 million tonnes to reach 80 million tonnes, funded mainly from cash flow and supplier credit, Arvind Pathak said.
Ugandan tycoon Patrick Bitature loses a $256,000 case over two buildings he never built
A Ugandan court ordered Patrick Bitature to pay Finicon $256,136 plus nine years of interest for design work on two projects never built.
Africa's richest man offers to sell Kenya 500 megawatts from his Lamu refinery
Aliko Dangote says the Lamu refinery will include a 1,000-megawatt power plant, with half the electricity available to the Kenyan government.
Nigerian tycoon Orji Uzor Kalu and family hold $20 million of US property, report says
A new report says 61 Nigerian officials hold 284 US properties worth $271 million, including more than $20 million linked to Orji Uzor Kalu.
Indian billionaire heir Anant Ambani becomes sustainability professor at Newcastle University
Newcastle University appointed Anant Ambani, son of Mukesh Ambani, professor of practice in sustainability on Sept. 14, drawing criticism.