Woolworths CEO Roy Bagattini seals in2food deal to control its premium meals supply chain
Woolworths is buying 100% of in2food Holdings from its founders and Old Mutual Private Equity in a cash deal expected to lift earnings immediately.
Kenyan banking mogul James Mwangi's Equity Bank Rwanda loses $3.2 million in fraud as 35 suspects arrested
Equity Bank Rwanda lost about $3.2 million in a fraud scheme that exploited its mobile money float system, with 35 people arrested.
South African heiress who bought ex Coca-Cola boss’s Belrose mansion for $8m now seeks $20m after major makeover
Luciana Ravazzotti Langenhoven has listed a Belrose estate bought for $8 million, chasing about $20 million after years of renovations.
Hisham Talaat Moustafa's TMG ranked Egypt's top listed real estate developer by Forbes
Talaat Moustafa Group has been ranked Egypt's top listed real estate developer for 2026 by Forbes Middle East, capping a record year.
Hassanein Hiridjee's AXIAN Telecom brings Kamal Okba back as COO
Kamal Okba, a telecom veteran with over 25 years of industry experience, returns to AXIAN Group as chief operating officer of AXIAN Telecom.
MTN lifts dividend 45% after profits rebound on Nigeria, Ghana growth
MTN Group raised its annual dividend 45% to R5 per share after a sharp earnings rebound driven by Nigeria, Ghana and rising data demand.
Three brothers, one dynasty: Inside the Sawiris family's $16.6 billion African empire
Egypt's Sawiris brothers have built a $16.6 billion empire spanning fertilizers, telecom, luxury tourism and Premier League football across three continents.
Elon Musk's Tesla cleared to sell electricity to British homes and businesses
Tesla has been granted a licence to supply electricity to homes and businesses across Britain, marking Elon Musk's entry into the UK energy market.
Benjelloun, Akhannouch, and Sefrioui lead Morocco's billionaire list in 2026
Othman Benjelloun topped Morocco's 2026 billionaire rankings with a $1.7 billion fortune, ahead of Aziz Akhannouch and Anas Sefrioui, Forbes data shows.
Tony Elumelu Foundation adds three global heavy-hitters to advisory board
The Tony Elumelu Foundation has appointed three new Advisory Board members, including Badr Jafar, Per Heggenes and Harvard professor Paul Gompers.
Nigerian businessman Kestin Pondi hands out $570,000 in business grants to 80 entrepreneurs
Tantita Security Services MD Kestin Pondi handed N800 million in business grants to 80 Nigerian entrepreneurs in Delta State on Monday.
Mary-Ann Musangi’s HACO Industries wins circular economy leader at Kenya ESG Awards
HACO Industries Kenya has been named a Circular Economy Leader at the Kenya ESG Awards, recognising the manufacturer's push to embed sustainability across its operations.
IFC plans $40 million bet on Egyptian billionaire Naguib Sawiris’ Nile Sugar desert project
The IFC is considering a $40 million loan to Nile Sugar Company, owned by Naguib Sawiris, to expand sugar beet farming in Upper Egypt.
Devtraco, led by Ghanaian real estate mogul Joseph Aidoo, opens prime property to Nigerian capital
High-net-worth Nigerians are quietly moving capital into Accra's premium property market, drawn by dollar yields, stable tenants and structured entry through Devtraco Group.
Vista Equity Partners completes $800 million acquisition of Omnitracs, targets Roadnet next
Vista Equity Partners closed its $800 million purchase of Omnitracs and moved the same day to acquire fleet software maker Roadnet Technologies.
South African billionaire Michiel Le Roux's Capitec launches Smart ID services at seven branches
Capitec has launched Smart ID services at seven branches, letting clients apply in under five minutes with no booking required and no Home Affairs official needed.