How Nigerian businessman Arthur Eze's Atlas Oranto lost oil licenses across 4 African countries
Nigerian tycoon Arthur Eze's Atlas Oranto has lost oil blocks in 4 African countries as governments crack down on dormant licenses.
How Malawi billionaire Thom Mpinganjira went from a 9-year sentence for corruption to a presidential pardon
FDH Bank founder Thom Mpinganjira was convicted and jailed for attempting to bribe judges in Malawi's disputed 2019 election, then pardoned by President Chakwera four years later.
Moroccan billionaire Said Alj's Sanam Holding is pivoting from seafood into food processing and beauty ingredients
Morocco's Sanam Holding, chaired by Said Alj, is reshaping its investment portfolio around food processing and beauty ingredients as it moves beyond its seafood roots.
Billionaire TY Danjuma donates $2.2 million at former President Yakubu Gowon's autobiography launch
Retired General TY Danjuma donated N3 billion at the Abuja launch of Yakubu Gowon's autobiography, with Aliko Dangote adding N500 million and AbdulSamad Rabiu purchasing N25 million in copies.
African Wealth Briefing — Tues., May 19, 2026
Tanzania's president met Dangote in Dar es Salaam after losing the refinery to Mombasa; Nigeria's pension regulator clears pension funds for the Dangote refinery IPO; Motsepe's GoTyme Bank eyes $15 billion listing.
Tycoon William Tewiah's $338 million ZEN Petroleum stake makes him the richest stockholder on the Ghana Stock Exchange
William Tewiah's 80% stake in ZEN Petroleum is worth GHS 3.87 billion, making him Ghana's wealthiest individual stockholder, overthrowing Daniel Ofori.
How tycoon William Tewiah built a $420 million energy empire in Ghana with no oil experience and one contract
William Tewiah left a career in London finance and drove his own fuel tankers to Ghana's gold mines. He built an empire doing it.
African Wealth Briefing — Mon., May 18, 2026
Aliko Dangote sues Nigeria's government over fresh petrol import licenses, escalating the refinery "mafia" fight to court at the exact moment the refinery IPO subscription window approaches.
Executive Insight: Robert F. Smith’s Abu Dhabi Office and the Emerging Gulf Axis for African Capital — What Vista’s ADGM Authorization Tells Foreign Investors About the New Architecture of Continental Capital Flows
Robert F. Smith's Vista Equity Partners has opened its first Middle East office in Abu Dhabi. The most consequential confirmation yet of the new architecture of African and emerging-market capital flows.
Investor Memo: AngloGold Ashanti’s $50 Billion Crossover and How to Size the Mining-Anchored Apex of African Listed Equity
AngloGold Ashanti has dethroned Naspers as Africa's most valuable listed company. The first apex change in years requires immediate reframing of how Elite subscribers size African equity allocations.
Tanzania's president met Dangote in Dar es Salaam after losing the oil refinery to Mombasa
Tanzania's President Suluhu met Aliko Dangote in Dar es Salaam on May 16, days after he told the FT he favours Mombasa over Tanga for his East African refinery.
Somali tycoon Amina Moghe Hersi's Atiak Sugar Factory has eaten $204 million and produced nothing in years. Uganda is demanding answers.
Uganda's parliament is demanding answers after Amina Moghe Hersi's Atiak Sugar Factory consumed $204 million in public and private funds without producing sugar in years.
Indian billionaire Ravi Jaipuria's Varun Beverages opens $40 million manufacturing complex in Zimbabwe
Indian billionaire Ravi Jaipuria has opened a $40 million manufacturing complex in Zimbabwe, signaling an aggressive African push by Varun Beverages.
Dangote sues Nigeria's government over fresh petrol import licences as the "mafia" fight reaches court
Dangote Petroleum Refinery filed a new lawsuit seeking to cancel petrol import licences issued to six marketers and NNPC despite the refinery supplying nearly 80% of Nigerian fuel demand.
African Wealth Briefing — Sun., May 17, 2026
AngloGold Ashanti dethrones Naspers as Africa's most valuable listed company at $50 billion; Kagame tells Africa CEO Forum to learn to say no; Tony Elumelu and Mohammed Dewji make TIME100 Philanthropy; Co-op Bank posts best-ever quarter.
African Wealth Briefing — Sat., May 16, 2026
Abdul Samad Rabiu wins CEO of the Year at the Africa CEO Forum and tells African leaders to get serious; Appolinaire Compaoré dies at 73; long-form profiles of Shingi Mutasa and Zandré Campos; LVMH explores $2 billion Fenty Beauty exit.