INOXGFL Director Devansh Jain announces Skypower Services acquisition, targets 2.5 GW Africa solar
Inox Clean and RJ Corp form joint venture to acquire Skypower Services MENA and target 2.5 GW renewable capacity in Africa.
Nigerian National Petroleum Corporation reports $4.26 billion after-tax profit in 2025
NNPC posted 4.26 billion dollars after-tax profit in 2025 as crude production averaged 1.62 million barrels per day.
Access Holdings chairman Aig Imoukhuede’s Bidvest acquisition deal collapses
Access Bank deal to acquire South Africa Bidvest Bank collapses after deadline passes, with sources citing regulatory approval challenges.
Kenya’s CMA CEO Wyckliffe Shamiah approves new investment bank, stockbroker
CMA has licensed six new firms including an investment bank and stockbroker, widening the Kenya-regulated capital markets sector in 2026.
Sean Combs wins dismissal of assault lawsuit as Judge rules claim filed too late
A New York federal judge dismissed a sexual assault lawsuit against Sean Combs, ruling the claim was filed after the one year deadline.
Ivorian Cotton King Koné Daouda Soukpafolo acquires majority stake in Uniwax
Ivorian cotton magnate Koné Daouda Soukpafolo acquires majority stake in Uniwax, restoring local ownership as the textile firm rebounds strongly in 2025.
Nigerian gas tycoon Julius Rone says $5 billion FLNG project will start construction in 2026.
UTM Offshore CEO Julius Rone says Nigeria’s first floating LNG facility will enter construction in 2026, targeting exports and domestic cooking gas supply.
Vumatel CEO Dietlof Mare leads fibre firm to one million subscribers
Vumatel’s rise to one million subscribers highlights how fibre broadband is reshaping internet access across South Africa, from urban suburbs to township communities.
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.