South African billionaire Johann Rupert’s Richemont watch brand sets up first U.S. boutique
The store marks Watchfinder’s first permanent boutique in the American market, offering customers an opportunity to experience its inventory in person.
Ghanaian advocate Awo Ablo holds $3.3 million stake in Oracle
Awo Ablo’s Oracle stake is worth $3.3 million, marking her influence in global tech and corporate leadership.
Ghanaian tycoon Daniel McKorley says quiet hustle, not social media noise, builds empires
Daniel McKorley urges entrepreneurs to shield early-stage ventures from scrutiny, crediting “building in silence” for McDan Group’s rise across logistics, aviation, shipping, and mining.
Jay-Z calls sexual assault allegations a “false, malicious story” in new lawsuit
Jay-Z accuses a woman of fabricating sexual assault claims tied to Diddy, calling it an “evil conspiracy” to damage his reputation.
Ethiopian billionaire Mohammed Al-Amoudi signals return with new mega projects
Ethiopian-born Saudi billionaire Mohammed Al-Amoudi signals a return with new mega projects under MIDROC, pledging jobs and investment as Ethiopia eyes middle-income status.
Africa’s richest man sees $163 million wiped from wealth on cement slump
Africa’s richest man Aliko Dangote loses $163 million on cement slump, trimming fortune to $28.8 billion.
Burkina Faso’s richest man begins work on 244km Gabon road link to boost trade
EBOMAF, led by Burkinabe entrepreneur Mahamadou Bonkoungou, begins a 244-km Yombi–Mandji–Omboué road project in Gabon, promising jobs, infrastructure upgrades, and stronger provincial links.
Nigerian developer Sijibomi Ogundele faces detention over $3.8 million school project dispute
Sujimoto CEO, Sijibomi Ogundele, faces EFCC scrutiny after Enugu officials accused him of abandoning $3.8 million school project.
Egyptian billionaire Yasseen Mansour loses $6.5 million on Palm Hills stake
Chairman Yasseen Mansour’s Palm Hills stake falls $6.55 million amid continued share pressure on the Egyptian Exchange.
Nigerian billionaire Abdul Samad Rabiu’s BUA Foods invests in new mills, sugar plantations
The company said it is accelerating its Backward Integration Project (BIP) in line with the federal government’s extended Sugar Master Plan 2.0.
Nigerian billionaire Femi Otedola set for big returns as Geregu Power projects $29 million profit in 2025
Geregu Power, under Femi Otedola’s leadership, forecasts record 2025 earnings of ₦44 billion ($29 M), signaling strong revenue growth amid Nigeria’s power challenges.
Cameroon's richest woman Kate Fotso shuts Telcar Cocoa plants amid bean crisis
Kate Fotso has suspended Telcar Cocoa’s operations in Cameroon, citing a bean quality crisis that threatens both local farmers and global chocolate supply.
South African media mogul Terrence Moolman bags $6.6 million dividend as Caxton posts strong results
Caxton & CTP CEO Terence Moolman will pocket ZAR 116 million (USD 6.67 million) in dividends after the publisher raised payouts and delivered resilient earnings despite weak consumer spending.
Kenyan President Ruto’s family-linked Insurer now dominates 'Matatu' Market
Amaco, part-owned by President William Ruto’s family, has leapfrogged SK Macharia’s Directline to become Kenya’s biggest matatu insurer, upending the country’s public transport insurance business.
South African businesswoman Ipeleng Mkhari named chair of real estate giant Attacq
South African entrepreneur Ipeleng Mkhari has been named chairperson of Attacq Ltd, the ZAR 11 billion real estate investment trust behind Waterfall City. Her appointment signals fresh leadership and renewed growth ambitions for the property giant.
Nigerian-Lebanese billionaire Bassim Haidar scores big as Klarna IPO surges
Nigerian-Lebanese billionaire Bassim Haidar’s Knuru Capital bet on Klarna years ago. Klarna’s New York debut likely turned that stake into millions.