Billionaire TY Danjuma's SAPETRO donates N1 billion to Lagos security fund
TY Danjuma's oil company SAPETRO has donated N1 billion to the Lagos State Security Trust Fund, one of the largest single private-sector contributions in recent years.
Malagasy tycoon Hassanein Hiridjee's AXIAN Telecom partners with AST SpaceMobile for satellite broadband in Africa
AXIAN Telecom and AST SpaceMobile have teamed up to deliver satellite broadband directly to standard smartphones across Africa's most underserved communities.
Adidas nominates $9.3 billion Egyptian mogul Nassef Sawiris as its next chairman
Nassef Sawiris, worth $9.3 billion and already a major Adidas shareholder, is set to become the sportswear giant's next chairman.
She took a DNA test. Now she's heir to a $53.8 million Kenyan empire
A decade after being shut out of her father's inheritance, Chepkoech Too has won a DNA paternity case that unlocks a Sh7 billion estate.
Tyler Perry responds to $77 million sexual assault lawsuit, calls it a money grab
Tyler Perry's attorneys say a $77 million sexual assault lawsuit against him is fabricated revenge by an actor cut off from years of financial handouts.
Stephen Saad's Aspen Pharmacare predicts double-digit growth despite tough first half
Aspen Pharmacare reported a steep drop in first-half earnings due to one-off restructuring costs but expects double-digit profit growth by year-end.
Discovery CEO Adrian Gore says South Africa is at a critical turning point
Discovery CEO Adrian Gore says South Africa has turned a corner, pointing to hard data and a palpable shift in how people talk about the country.
South African tycoon Mustaq Brey’s Brimstone posts 98% profit jump, clearing $32 million in debt
Mustaq Brey's Brimstone Investment nearly doubled headline earnings in 2025, driven by Sea Harvest and over $32 million in debt repaid.
King Mswati III of Eswatini completes 105 government projects worth $8.9 million, benefiting thousands
King Mswati III's government has completed 105 community projects worth $8.9 million, creating 402 jobs and reaching 12,481 emaSwati across the country.
Nigerian government awarded a $15.7 million contract to controversial businessman Nasiru Danu, a man once arrested at Heathrow with a fake passport
Nigeria's aviation minister awarded a N21.68 billion contract to a firm whose initials point directly to a businessman with a fraud-laden past.
Michael Jordan, Kobe Bryant's $20 million Logoman card makes its red carpet debut at the Actor Awards
Kevin O'Leary showed up to the 2026 Actor Awards wearing $20 million worth of Michael Jordan and Kobe Bryant history around his neck.
Nedbank, led by Jason Quinn, hits 8 million clients for the first time in its 138-year history
South Africa's fourth-largest bank crossed the 8-million client mark for the first time in its 138-year history, posting R17.2 billion in earnings.
Former Steinhoff legal chief Stephanus Grobler fined $18.9 million by FSCA
FSCA fines former Steinhoff executive Stephanus Grobler R359m over false and misleading financial statements issued between 2014 and 2017.
AfDB approves $7 million backing for Saviu to power Francophone startups
AfDB commits €6.5M to Saviu II fund, targeting early stage tech startups in Francophone West and Central Africa amid slowing venture capital flows.
Dangote Cement doubles pre-tax profit to N1.53 trillion
Dangote Cement doubles pre tax profit to N1.53 trillion
Tech billionaire Zak Calisto moves into insurance with planned stake in King Price
Competition regulators recommended approval of a deal tied to billionaire Zak Calisto to acquire a stake in King Price, the fast growing insurer.