Gordon Schachat’s top 5 ventures that have shaped South Africa’s financial, real estate, and art sectors
Gordon Schachat, a South African businessman, played a pivotal role in founding African Bank Investments Limited and Baobab Solid Growth.
Mike Teke leads four major companies driving South Africa’s mining and energy sectors
Mike Teke, one of South Africa’s top mining executives, has built and led four major companies — Optimum Coal, Seriti Resources, Seriti Green, and Masimong Group — leaving a lasting impact on the country’s mining and renewable energy sectors.
Energy mogul Simon Baloyi's Sasol faces high-stakes test
CEO Simon Baloyi is exploring liquefied natural gas imports to mitigate gas shortages, but this option comes with higher costs.
Egyptian billionaire Nassef Sawiris gains £810 million as Aston Villa thrives in UEFA Champions League
Egyptian billionaire and Aston Villa co-owner Nassef Sawiris has experienced a remarkable financial surge, seeing his personal wealth increase by £810 million over the past 12 months.
Philanthropist billionaire Abdul Samad Rabiu empowers future leaders with prestigious mentorship awards
Abdul Samad Rabiu, the billionaire founder and chairman of BUA Group, has awarded 40 standout students from Al-Qalam University in Katsina State with the "Abdul Samad Rabiu Achievers Award."
Hotel mogul Henry Akinduro challenges EFCC's 'unlawful' wanted declaration with $3-million lawsuit
Hotel mogul Henry Akinduro sues EFCC for N5 billion ($3 million), challenging an 'unlawful' wanted declaration. He claims fraud allegations stem from a civil business dispute.
Egyptian tourism mogul Ayoub Adly Ayoub's Remco reports $18-million loss in H1 2024
Tourism tycoon Ayoub Adly Ayoub’s Remco reports a shocking $18 million loss in 2024. Despite revenues skyrocketing, the company’s profits have evaporated
MTN retains top spot as South Africa’s leading mobile network in Q3 2024
MTN remains South Africa's top mobile network, driven by R10-billion ($567 million) annual infrastructure investments and superior download speeds of 106.22 Mbps.
MTN CEO Karl Toriola leads $50-million initiative to revolutionize education with tech-driven solutions
MTN Nigeria’s $50-million initiative, led by CEO Karl Toriola, is transforming education with cutting-edge science labs, empowering students to build a tech-driven future.
Nigerian billionaires to pay $6.9 million annually for foreign-registered private jets
Nigerian billionaires may soon face $6.9 million in annual fees for their foreign-registered private jets, sparking fears that operators could relocate to neighboring countries, cutting off crucial revenue for the government.
Sterling One Foundation CEO Olapeju Ibekwe champions girls’ vision for a brighter future
Sterling One Foundation CEO Olapeju Ibekwe is empowering young girls with the tools to shape a better future, driving gender equality and innovation through key initiatives across Africa.
Enthoven family, founders of Nando's, backs Tortoise Media’s Observer bid
The Enthoven family, billionaires behind Nando’s, is backing Tortoise Media's ambitious bid to acquire The Observer, sparking debate over the future of centrist journalism.
Global CEOs and leaders unite for $120-billion investment in Africa’s future
Global CEOs, leaders, and artists have united to urge G20 nations to raise $120 billion for Africa's development, aiming to drive economic growth and alleviate poverty across the continent.
7 businesses owned by Algerian pharmacy mogul Abdelmadjid Kerrar
Abdelmadjid Kerrar, founder of Biopharm, has played a vital role in Algeria's pharmaceutical sector, promoting local production and ethical business practices.
UBA strengthens Lagos trade fair partnership with $6-billion SME loan facility
UBA boosts SME growth with a $6-billion loan facility ahead of the 2024 Lagos International Trade Fair, reinforcing its commitment to empowering African businesses and driving economic growth.
Jospong Group expands into Uganda with eco-friendly waste management solutions
Jospong Group partners with the Ugandan government to transform the Kiteezi Landfill into an eco-friendly facility, introducing sustainable waste management solutions and creating more than 2,000 jobs.