Tycoon Ngugi Kiuna's BOC Kenya stake soars after the buyout he fought collapsed
BOC Kenya shares have more than doubled since the Carbacid buyout collapsed, lifting the stake of Ngugi Kiuna, who opposed the offer as too low.
Egyptian billionaire Hisham Talaat Moustafa plans to nearly double TMG's hotel portfolio to 40 properties
Talaat Moustafa Group will nearly double its hotel portfolio to as many as 40 properties over the next decade, chief executive Hisham Talaat Moustafa said.
Daughter of South African-born billionaire Kerr Neilson sells Sydney warehouse for $8.5 million
Beau Neilson, daughter of South African-born billionaire Kerr Neilson, has sold her Sydney warehouse for about $8.5 million, four times what she paid in 2012.
Cameroonian tycoon Nassourou Issa plans $100 million sugar mill to rival Castel
Cameroonian tycoon Nassourou Issa is building a $100 million sugar mill, backed by Société Générale, to outproduce the Castel family's Sosucam by 2028.
Billionaire Mohammed Dewji vows to strengthen his Simba SC squad after ending trophy drought
Billionaire Mohammed Dewji has pledged to reinforce his Simba SC squad for an African push after the Tanzanian club ended a four-year trophy drought.
Billionaire Mohammed Dewji's MeTL signs Italian deal for silos at a Tanzanian grain plant
A MeTL Group unit owned by billionaire Mohammed Dewji has signed a 2 million euro deal for Italian silos and equipment at a Tanzanian grain plant.
Haitian-born billionaire Herriot Tabuteau's Axsome begins Phase 3 ADHD trial in children
Axsome Therapeutics, led by Haitian-born billionaire Herriot Tabuteau, has dosed the first child in a Phase 3 trial of solriamfetol for ADHD.
Olugbenga Agboola's Flutterwave takes Circle investment to expand USDC settlement in Africa
Flutterwave secured a strategic investment from Circle Ventures to embed USDC settlement into its payments network across 34 African markets.
Billionaire Sheila Johnson says a bad contractor cost her $12 million building Salamander
Billionaire Sheila Johnson told the Food & Wine Classic that a bad contractor hire cost her $12 million as she built the Salamander Resort.
South Africa's wealthy Levy brothers lose $97 million in ten months on Cell C woes
South African billionaire brothers Mark and Brett Levy have lost a combined R1.58 billion ($97.1 million) in ten months after the Cell C IPO disappointed investors.
South African billionaire Johann Rupert's Richemont completes Baume and Mercier sale to Italy's Damiani
Johann Rupert's Richemont has completed the sale of 196-year-old Swiss watchmaker Baume and Mercier to Italy's Damiani Group, ending a 38-year ownership of the historic brand.
Tanzanian billionaire Rostam Aziz meets Muhoozi in Entebbe as NMG shutdown drags on
Tanzanian billionaire Rostam Aziz has flown to Entebbe to meet General Muhoozi Kainerugaba personally, with NMG owners committing to more patriotic journalism to secure the reopening of their outlets.
Hassan Allam Construction wins $560 million contract to build Egypt's West Minya solar and battery storage project
Hassan Allam Construction has secured a $560 million EPC contract to build Egypt's 1,000 MW West Minya Solar Power Project with a 600 MWh battery energy storage system.
Congo's national oil company is in talks with Aliko Dangote to secure refined fuel supply from his Lagos refinery
The Republic of Congo's national oil company has begun talks with Aliko Dangote's Lagos refinery on a strategic partnership to secure refined petroleum products.
Wealth Intelligence: Nassef Sawiris — The Third Empire
This week, Nassef Sawiris moved to take his flagship, OCI Global, private — a fitting bookend to one chapter and the opening of another.
South African billionaire Christo Wiese's Invicta lifts revenue with offshore expansion
Christo Wiese's Invicta Holdings has posted steady revenue growth for the year to March 2026, driven by offshore dealmaking including a R250 million UK agricultural acquisition.