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Optasia rose on its Johannesburg debut after pricing at the top of the range. Founder Bassim Haidar’s BH Holdings owns 19.01% — about 234.8m shares — now valued at roughly R4.55bn ($260m). The AI microfinance firm partners with telcos and banks to deliver small-ticket credit at scale.
Pepkor, linked to Christo Wiese, completes $98.2 million acquisition of Retailability brands, expanding across Southern Africa.
South African entrepreneur Dr Iqbal Survé turned a tiny seed-capital investment into a sprawling holding company that spans media, technology, fishing, healthcare and events
Veteran banker Nicholas Vingirai says Zimbabwe’s financial sector has been “destroyed” by policy inconsistency and shrinking credit capacity, warning that local banks no longer fund productive business.
Kenya’s Peter Munga is in a $5 million legal fight with his wife over Britam shares tied to a bank loan dispute.
Naguib Sawiris’ net worth dips below $10 billion as falling gold prices cut $170 million from his fortune.
Mohamed Mansour starts work on a $150 million eco-friendly vehicle factory in Cairo to boost Egypt’s car manufacturing capacity and create thousands of jobs.
OpenAI, with Nigerian billionaire Adebayo Ogunlesi on its board, signs $38 billion AWS deal to boost ChatGPT’s global AI expansion and computing power.
Gbenga Oyebode, chairman of Okomu Oil, gained over $17 million this year as the company’s shares jumped 136% on the Nigerian Exchange (NGX).
After years of chaos and foreign plunder, Nigeria’s mines are stirring. Legit operators are turning gold, lithium and iron into fortunes as a long-overdue cleanup begins.
Wale Tinubu’s Oando Plc is expanding beyond oil, launching Oando Mining to explore lithium in Kebbi and other key minerals for Nigeria’s clean energy future.
Ugandan businessman and honorary consul Habib Kagimu argues the country’s most reliable growth lies in agriculture, tourism and tech—while oil remains optional upside.
Safaricom rolls out a $232 million plan to modernize education across Kenya with digital tools and training.
Dangote Cement and MTN Nigeria are in a tight race to become the first Nigerian company to hit a record N1 trillion profit in 2025.
Zimbabwean businessman Lovemore Kurotwi loses Supreme Court appeal over $3.6 million Canadile Miners funds.
TMG starts work on a new Four Seasons in Giza, adding another luxury asset near the Grand Egyptian Museum as Egypt targets higher-value visitors.
