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Sheila Johnson's Salamander Washington DC, the 373-room luxury hotel she acquired for $139 million in 2022, is in talks to rebrand under the Marriott flag.
Ahmed El Sewedy's ESI has partnered with Abu Dhabi-headquartered EV company ROX in a $500 million joint venture to manufacture electric vehicles in Egypt for African markets.
Cosmas Maduka dropped out of school at six, was dismissed with N200 by his uncle and built a $500 million empire from a single spare parts stall.
Tanzanian tycoon Edhah Abdallah Munif's investments in Kenya's two biggest cement companies are already paying off handsomely, with both posting sharply improved financial results.
Othman Benjelloun's O Capital Group ranked 21st on Forbes Middle East's 2026 Arab family business list as Morocco set a new record with five entries.
Aliko Dangote has pushed back on Forbes' estimate of his net worth, saying his oil refinery alone is worth more than $40 billion.
Ladi Jadesimi's 5.27 percent stake in Aradel Holdings will earn him N7.5 billion in total dividends for 2025 after the company posted record profits.
Ariel Investments founder John W. Rogers Jr. will retire from Nike's board at the September 2026 annual meeting after eight years of service.
SpaceX shares have fallen more than 20 percent from their post-IPO high and credible analysts say the stock is still significantly overvalued at current levels.
Thasunda Brown Duckett is managing $1.5 trillion at TIAA and leading a push to fix America's $4 trillion retirement savings gap one annuity at a time.
Femi Otedola's First Bank has completed a N45 billion ($32.8 million) private placement tranche as FirstHoldCo moves toward a shareholder approved N1 trillion capital base.
Idrissa Nassa's Coris Holding has secured an €80 million credit line from West Africa's development bank to expand lending to small and medium enterprises across the region.
A London jury has cleared Diezani Alison-Madueke of all bribery charges after a five-month trial, closing an eleven-year chapter for Nigeria's former oil minister.
Egyptian billionaire Naguib Sawiris has joined a $2 million pre-seed round in UAE fintech Sovra, a self-custodial global dollar account platform.
Mike Adenuga's Conoil Plc has proposed a N2 per share dividend for 2025, down 43% from N3.50 in 2024, after profits fell 75% year-on-year.
