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Nigerian tycoon Fidelis Ayebae’s Fidson Healthcare lifted nine-month profit 47% to N11.74 billion as revenue rose 21% and currency losses nearly vanished.
A Kenyan court has reopened the fight over late tycoon Stanley Githunguri’s $14 million estate, overturning an order that protected the family’s properties.
Nigerian banker Segun Agbaje’s GTCO posted a 12% drop in nine-month profit to $463 million, as funding costs jumped 28% and its tax bill rose.
Bitfinex chief Jean-Louis van der Velde is the richest person in the Netherlands, worth $29 billion, twice as much as Heineken heiress Charlene de Carvalho-Heineken.
Coca-Cola's biggest Indian bottler, 40% owned by billionaire brothers Shyam and Hari Bhartia, is preparing to file for a $1 billion IPO this week.
Kenyan billionaire Narendra Raval says leaders pressured him to move his $539 million Kitui cement plant, as President William Ruto laid its foundation stone.
Nigerian billionaire Aliko Dangote’s Dangote Cement lifted nine-month profit 31% to $734 million as finance costs fell 58% and its shares extended their rally.
Indian billionaire Mukesh Ambani’s Jio Platforms opened 21% above its IPO price, valuing it at about $131 billion and making it India’s second most valuable company.
American billionaire Ken Griffin has given another $5 million to a PAC backing Byron Donalds, bringing his support for the Florida governor bid to $15 million.
The Madagascar trial over five Boeing 777s flown to Iran, which names Malagasy tycoon Mamy Ravatomanga, has been postponed again to Nov. 5.
Two Johannesburg mansions at the heart of South Africa's state-capture scandal are back on the market for R22 million after an earlier sale collapsed.
Ernest Azudialu-Obiejesi's Nestoil has paid its lenders another $40 million under an EFCC-brokered plan, taking total repayments to $100 million.
Tanzanian billionaire Edha Nahdi’s Bamburi Cement is set to break ground with President William Ruto on a $250 million clinker plant in Kenya’s Kwale County.
Orders from Nigerian and retail investors alone have covered the $1.6 billion target of Aliko Dangote's refinery IPO, as foreign buyers seek stakes.
Billionaire Abdul Samad Rabiu says he once visited Nigeria's central bank every two weeks for dollars. Now companies buy them from banks at market rates.
Anthropic's IPO filing shows each of its seven co-founders, including CEO Dario Amodei, owns about 1.4% of the company, a stake worth over $13 billion.
