Moroccan tycoon Moncef Belkhayat lines up a string of Casablanca listings for his Dislog empire
Moroccan tycoon Moncef Belkhayat is preparing to float his FMCG group Dislog and several other companies on the Casablanca Stock Exchange from 2026.
Africa's richest man picks Lamu for $17 billion Kenya refinery as engineering work begins
Aliko Dangote has selected Lamu for a $17 billion, 700,000-barrel-a-day refinery, with soil tests and engineering work already under way.
Billionaire Nassef Sawiris' Aston Villa puts nearly its entire academy up for sale over spending rules
Nassef Sawiris and Wes Edens have made almost all of Aston Villa's academy players available for sale to comply with new spending rules.
South African billionaire Michiel le Roux borrows $402 million against his Capitec shares
Capitec co-founder Michiel le Roux has raised about $402 million by refinancing a loan secured against 1.37 million shares in his own bank.
Aliko Dangote's refinery overtakes the US as Europe's top jet fuel supplier
Aliko Dangote's refinery shipped about 466,000 tonnes of jet fuel to Europe in June, overtaking the United States as the region's top supplier.
The Inside Story: The Seized Empire
This week, Angola begins selling shares in Unitel the telecom giant it took from Isabel dos Santos, once Africa’s richest woman. The IPO of a seized fortune, and the unresolved fight over how it was built and how it was taken.
Deep-Dive Report: Samuel Dossou-Aworet — The Corridor Builder
He ran Gabon’s oil for 13 years, built a near-billion-dollar private energy empire from Geneva and has spent a decade trying to build Benin a trade corridor to the Sahel. This week, the first trains of that dream finally moved.
Wealth Intelligence: Michiel Le Roux — Banking the Overlooked
He built Capitec for the customers South Africa’s banks ignored — and rode it to a $3.8 billion fortune as the lender became Africa’s most valuable bank.
Pick n Pay, controlled by Soutgh Africa's billionaire Ackerman family, sells down its Boxer crown jewel to fund a slow turnaround
Pick n Pay has sold down more of Boxer for R4.7 billion, funding a slow turnaround that cost the Ackerman family control of the retailer.
Moroccan tycoon Rita Zniber's Diana Holding in talks with Kazakhstan over grain and farm trade
Kazakhstan's ambassador has met Rita Zniber, head of Morocco's Diana Holding, to discuss supplying grain and oils and joint investments.
Beninese billionaire Samuel Dossou-Aworet's Parakou dry port begins operations after a decade
Beninese tycoon Samuel Dossou-Aworet's Petrolin Group has begun operations at its Parakou dry port, shipping first cotton after years of delay.
Haitian-born billionaire Herriot Tabuteau is worth $2.2 billion after Axsome stock doubles
Shares of Axsome Therapeutics have doubled in nine months, pushing the net worth of Haiti-born founder Herriot Tabuteau to $2.2 billion.
Palantir billionaire Alex Karp blasts AI industry as effing insane in fiery CNBC interview
The Palantir chief, worth $12.3 billion, tore into rival AI firms on CNBC, accusing them of overcharging clients and endangering U.S. security.
French prosecutors fly to Mauritius to question Madagascar tycoon Mamy Ravatomanga
France's Parquet National Financier has sent prosecutors to Mauritius to personally question Mamy Ravatomanga as his legal troubles continue to expand across Madagascar, Mauritius and France.
Billionaire Johann Rupert has helped give 24,000 South Africans the title deeds to their own homes through a quiet land reform programme
Johann Rupert is the biggest sponsor of Khaya Lam, the Free Market Foundation's land titling programme that has transferred more than 24,000 title deeds to underprivileged South Africans.
Wealth Intelligence: Ivan Saltzman — The Discount Dynasty
A single Johannesburg pharmacy became a $1.9 billion retailer and South Africa’s newest billion-dollar family fortune. Now, at 75, Ivan Saltzman is handing it over — and the handover is the real test.