Nigerian oil billionaire Igho Sanomi turns 51 with a standout philanthropy record
Nigerian oil billionaire Igho Sanomi turns 51 with a philanthropy record spanning hospital wards, flood zones and cancer research labs on two continents.
Ghanaian tycoon Papa Kwesi Nduom triumphs as Court of Appeal restores GN Savings licence
Ghana's Court of Appeal unanimously restored Papa Kwesi Nduom's GN Savings and Loans licence on May 21, ruling the Bank of Ghana's 2019 revocation was unfair and unreasonable.
Nigerian billionaire Femi Otedola will invest $100 million in Dangote Refinery
Nigerian billionaire Femi Otedola announced a $100 million investment in the Dangote refinery during a high-profile executive visit to the Lagos facility on Wednesday.
Nigerian oil tycoon Wale Tinubu says Africa must stop begging for foreign capital and fund its own energy future
Oando CEO Wale Tinubu told Reuters Africa must stop depending on foreign capital and build its own financing mechanisms as Oando prepares a $750 million drilling campaign.
Gideon Muriuki's Co-op Bank posts best-ever quarter and says its South Sudan bet is finally paying off
Co-op Bank posted a record first-quarter profit of Ksh11.37 billion and confirmed its South Sudan subsidiary turned a quarterly profit for the first time.
Meet Shingai Mutasa, the Mutare-born commodity broker who quietly built one of Zimbabwe's most powerful business empires
Shingai Mutasa returned from London in 1980, joined his father's commodity business and quietly built one of Zimbabwe's most diversified private empires.
Mauritius investigators accelerate the money trail probe linking Malagasy tycoon Mamy Ravatomanga to the HITA oil refinery scandal
Mauritius investigators are tracing new money trails connecting jailed Madagascar tycoon Mamy Ravatomanga to the HITA industrial oil refinery scandal.
Nigerian billionaire Femi Otedola acquires additional FirstHoldCo shares worth $31.6 million, lifting his stake to 19.36%
Femi Otedola has spent N43.4 billion buying 549.5 million more FirstHoldCo shares, lifting his total stake to 19.36% in his biggest single purchase since becoming chairman in January 2024.
Cameroon's presidency orders official checks into billionaire Baba Danpullo's three-year legal war against MTN as dispute enters new phase
The Cameroon presidency has ordered official checks into the long-running legal dispute between billionaire Baba Danpullo and MTN Cameroon, signaling new scrutiny of one of Central Africa's most consequential business fights.
Investigation reveals Nigerian bankers Herbert Wigwe and Aigboje Aig-Imoukhuede held stakes in 80 companies in 20 countries
A new investigation traced the late Herbert Wigwe and his partner Aigboje Aig-Imoukhuede to stakes in 80 companies spread across 20 countries.
Tetracore Energy secures Nasarawa's first power licences as gas-to-power push expands
Tetracore Energy Group has secured Nasarawa's first electricity generation and distribution licences, anchoring a 60MW gas-fired IPP that scales to 150MW
OnlyFans billionaire Leonid Radvinsky's widow has taken control of the company he built into a $3 billion empire
Yekaterina Chudnovsky has taken control of OnlyFans holding company Fenix International after her husband Leonid Radvinsky died from cancer at 43.
Egyptian tycoon Hassan Allam meets Syria's President al-Sharaa in Damascus to discuss infrastructure and real estate investment
Egyptian construction billionaire Hassan Allam met Syrian President al-Sharaa in Damascus to explore real estate and infrastructure investment in post-war Syria.
Nigerian tycoon Tunde Ayeni remanded at Kuje Prison as EFCC files 17-count $11.3 million fraud charge
Former Skye Bank chairman Tunde Ayeni was remanded at Kuje Prison on Monday after the EFCC arraigned him on a 17-count N15.6 billion fraud charge.
Dangote Group calls reports of rift with Tony Elumelu false and malicious
The Dangote Group has dismissed reports alleging a rift between Aliko Dangote and Tony Elumelu, threatening legal action against anyone spreading the claims.
Bill Gates and Jeff Bezos-backed KoBold Metals breaks ground on a $2.5 billion Zambia copper mine and bets $50 million on Congo lithium
KoBold Metals, backed by Bill Gates, Jeff Bezos and Sam Altman, has broken ground on the $2.5 billion Mingomba copper mine in Zambia and committed $50 million to Congo lithium exploration.