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Bharat Thakrar and minority shareholders holding 13.59% of WPP Scangroup have demanded a special general meeting to remove the entire board after five straight years of losses.
David Langat's DL Group denies tea asset sale as financial pressure mounts; Dr. Dre and Kendrick Lamar break ground on a $270 million Compton High School campus.
Abdul Samad Rabiu has added $8.88 billion to his Bloomberg-tracked wealth in four months. The structural story is the 2.31 percent free float — and what it means for foreign investors trying to access BUA.
Aliko Dangote now has three parallel equity vehicles in motion — cement London listing in September, refinery IPO in June-July, and the Kenya vehicle. A position-sizing framework for Elite subscribers.
Aliko Dangote's Kenya-based investment vehicle is a test of whether African industrial capital can be mobilized from within the continent at meaningful scale, addressing $60 billion in annual capital outflow.
Aliko Dangote flew to Oslo for a fireside meeting with the CEO of the world's largest sovereign wealth fund to discuss an Africa partnership.
DL Group dismissed reports of a possible tea asset sale as inaccurate even as its founder faces multiple live debt actions across his core Kenyan assets.
Aliko Dangote targets September 2026 for the London listing of Dangote Cement, calling 2026 the busiest year of his business life as the refinery IPO, the 20,000MW power program, and the cement London debut all advance in parallel.
Aliko Dangote told the Financial Times that Dangote Cement is targeting a London listing by September with three major banks already appointed.
Aliko Dangote plans a London listing of $13 billion Dangote Cement, reviving the 2018 attempt; Femi Otedola makes $36.5 million in paper gains as First HoldCo surges 10 percent on record Q1 results; Cobus Loots's Pan African Resources moves on a $219 million Emmerson Resources acquisition.
Rostam Aziz's Taifa Group is taking equity in Toronto-listed Lake Victoria Gold and running construction at its Imwelo project — an archetype of African operator capital backing junior gold development.
Nedbank's $751 million NCBA acquisition restructures the Kenyatta family's banking wealth and signals a working template for South-Africa-driven East African banking consolidation.
Oil mogul Tein Jack-Rich entered the Rivers West APC senatorial race and warned the party against sidelining founding members for new defectors.
Bloomberg ranks Rabiu as Africa's 2nd richest at $19.1 billion while Forbes still has him at 4th — and BUA Cement's 134 percent rally explains the gap; Otedola's FirstHoldCo Q1 profit jumps 72 percent to $233 million.
Cevital has launched a $600 million sugar beet farming and refining project in Algeria's Ghardaïa region, with a processing plant scheduled for 2028.
Africa-to-Asia was the world's fastest-growing private jet corridor in 2025, up 42%, with VistaJet data confirming African wealth is increasingly mobile.
