Nigeria tycoon Tunde J. Afolabi's Amni denies receivership, says court order in Cenroc dispute is being misread
Amni says a court order in its Cenroc dispute does not place the firm in receivership and insists operations continue normally.
Billionaire Femi Otedola predicts stronger naira as Dangote Refinery reaches full capacity
Investor Femi Otedola believes the naira may strengthen significantly as Dangote Refinery’s full-scale operations reduce fuel imports and ease forex pressure
South African billionaire Michiel Le Roux’s Capitec nears Nedbank-level profits
Capitec’s projected earnings of up to $1.07 billion shifts Michiel Le Roux’s mission is to build a simplified, mass-market banking giant challenging South Africa’s biggest lenders
Dangote expands African investment, eyes Burundi opportunities and regional energy deal
Dangote Group is accelerating its pan-African expansion with new investment talks in Burundi and strategic energy negotiations with Ghana and Cameroon
How Michiel Le Roux’s low-cost model is powering Capitec’s earnings surge
The South African billionaire’s long-held bet on simplicity, scale, and affordability is once again fueling stellar growth at Capitec Bank
Mombasa billionaire Mohammed Jaffer wins delay in court case against maize miller
A Mombasa High Court pushed to May a Ksh90 million suit targeting a grain handler associated with businessman Mohammed Jaffer after witnesses failed to attend.
Billionaire Van Der Walt Brothers Orchestrate $41.1 Million RMH Property Deal
Billionaire WeBuyCars founders Faan and Dirk Van Der Walt are leading a $41.1 Million property acquisition through AttBid, as RMH moves to monetise its long-held property assets in a landmark JSE transaction
Banking tycoon Lesetja Kganyago warns stablecoins could threaten currency stability in South Africa
Lesetja Kganyago has warned that the growing use of stablecoins could threaten currency stability in South Africa, citing regulatory gaps and rising global economic uncertainty
Nigerian tycoon Emma Bishop Okonkwo is reportedly building a Novotel hotel in Lagos
Ekulo Group chief Emma Bishop Okonkwo is taking his consumer goods empire into hospitality, backing a 170 room hotel project on Victoria Island.
South African-born billionaire Elon Musk becomes first person worth $800 billion
Elon Musk’s net worth surpasses $800 billion following SpaceX and xAI merger, making him the richest person in history and cementing SpaceX as his most valuable asset
Nigerian billionaire Abdulsamad Rabiu's BUA begins gypsum plaster board production in Port Harcourt, aiming to cut imports
BUA says it has started producing gypsum plaster boards in Port Harcourt, a step it says will deepen local supply and ease import reliance.
South African billionaire Patrice Motsepe steers Rainbow Minerals’ Ferrous Division into new era with leadership change
Patrice Motsepe appoints Maryke Burger as CEO of African Rainbow Minerals’ ferrous division as the company pushes ahead with restructuring and efficiency reforms.
Nigerian business mogul Tony Elumelu to empower new generation of African entrepreneurs
Tony Elumelu says empowering young entrepreneurs is key to Africa’s future as his foundation expands funding, training and mentorship across all 54 African countries
Tony Elumelu-backed Redtech processed $20.6 billion in 2025 transactions as digital payments surge in Nigeria
Redtech says it processed 30 trillion naira in 2025 transactions, pointing to stronger RedPay usage and plans to expand across Africa.
Nigerian businessman Orji Uzor Kalu sponsors UTME registration for 2,000 Abia North students
Senator Uzor Kalu sponsors UTME registration for 2,000 Abia North students, access to education
Late Nigerian billionaire Pascal Dozie honoured as NGX celebrates his legacy
NGX and Nigeria’s business leaders honour billionaire banker Pascal Dozie, celebrating his lasting impact on the capital market, corporate governance and nation-building