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Robert Gumede's Vision Sugar has approached Associated British Foods about acquiring Illovo Sugar, months after rescuing its largest southern African rival.
Tunji Olowolafe's foundation has opened West Africa's first ophthalmic surgical simulation centre in Lagos, named after his late wife Gbemisola Olowolafe.
Condor, owned by Algeria's Benhamadi family, has sent its first air conditioners to Europe and holds export orders for more than 250,000 units.
Femi Otedola signals he wants outright control of Nigeria's most valuable bank — after pouring in $432 million and gaining $106 million in four days.
Magda Wierzycka arrived in South Africa at thirteen, a Polish refugee with almost nothing, learned two new languages, and built a financial-services firm now worth billions of rand.
Oando just returned to profit — a ₦68.6 billion half-year — and its shares have fallen 28% since May. Both facts are correct, and the gap between them is the whole story.
Two importers control 98% of Kenya's cooking-gas market. In months, Rostam Aziz's $130 million Mombasa terminal becomes the third door into the country — East Africa's largest LPG store.
Femi Otedola says his investment threshold is always above 51% and that he is on the same trajectory at First HoldCo, where he now holds 25.8%.
Kenya's High Court has held media mogul SK Macharia in contempt for breaching orders in the long-running Directline Assurance ownership dispute.
Angola turned an asset it seized from Isabel dos Santos into the largest IPO in its history. And Patrice Motsepe's near-billion-dollar platinum bet drew a rare vote of doubt, as the market marked his miner down 21% while its rivals rose.
Paul Obambi bought the iron-ore project a South African major had given up on, then spent a decade chasing the one thing that would make it worth anything: a 450-kilometre railway to the ocean.
Patrice Motsepe's African Rainbow Minerals is spending about $925 million to reopen a platinum mine it shut two years ago — a bet that the whole sector's retreat went too far. Inside a contrarian wager, and why the timing, not the thesis, is what's on trial.
Angola raised $321 million floating 15% of Unitel — the mobile operator it took from Isabel dos Santos four years ago. The largest IPO in the nation's history is really a test of a much bigger question.
Ghalib Said Mohamed's GSM Group has allocated TSh15 billion, about $5.7 million, purely for player recruitment at Tanzanian champions Young Africans.
Nigerian billionaire Abdul Samad Rabiu is privately funding 120 homes for junior Nigerian Army personnel, a ₦2 billion project now 85 percent complete.
Nassef Sawiris has bought 3 million more OCI shares for about €12.2 million, lifting his combined holding to 57.1% of the Dutch-listed company.
