Deep-Dive Report: Baba Ahmadou Danpullo — The All-In Bet
Francophone Africa’s richest man is staking nearly his entire ~$900 million fortune on an airline and two airports the state could not build.
The Inside Story: The Iron Lady’s Hardest Season
Cameroon’s richest woman built her country’s cocoa trade around a single partner. When Cargill walked away, Kate Fotso faced the worst season in three decades — and began to reinvent herself.
Deep-Dive Report: Cletus Ibeto — Built from the Wreckage
He turned a few pounds — from a sold suit and a parcel of salvaged tablets — into one of Nigeria’s largest private industrial groups.
Billionaire Tony Elumelu's Heirs Energies commissions a digital nerve centre to run Nigeria's OML 17 oilfield from a single screen
Tony Elumelu's Heirs Energies has commissioned a digital operations hub at OML 17 that integrates real-time monitoring, security and production data into a single platform.
Nigerian billionaire Femi Otedola's stake in First HoldCo is now worth $420 million
Femi Otedola now holds 9.27 billion shares in First HoldCo worth N575 billion, cementing his position as the bank's largest individual shareholder.
Bet9ja's billionaire founder Kunle Soname finances flights to bring 66 more Nigerians home from South Africa
Bet9ja founder Kunle Soname has financed the return flights of 66 more Nigerians from South Africa as part of his ongoing personal repatriation initiative.
Zimbabwean billionaire Strive Masiyiwa joins the board of advisors of Laurel Strategies, the global CEO advisory firm
Zimbabwean billionaire Strive Masiyiwa has joined the board of advisors of Laurel Strategies, a global CEO advisory firm that counsels Fortune 500 leaders on strategy, reputation and governance.
Billionaire Rostam Aziz's Taifa Mining clears key hurdle at Tanzania gold project set for construction
Rostam Aziz's Taifa Mining has cleared a critical pre-construction drilling milestone at Lake Victoria Gold's fully permitted Imwelo gold project in Tanzania.
Madagascar tycoon Mamy Ravatomanga's security firm severs ties with France's Amarante International
A security firm formerly linked to Madagascar's Mamy Ravatomanga has broken with France's Amarante International as his Sodiat Group empire faces deepening judicial pressure.
Kenyan billionaire Joshua Chepkwony's EADAK factory assembles 700,000 smartphones as Kenya races toward 4G and 5G
Joshua Chepkwony's East Africa Device Assembly Kenya has assembled 700,000 locally manufactured digital devices in a year as Kenya accelerates its shift to 4G and 5G.
MTN Nigeria CFO Modupe Kadri spends $760,000 to buy more shares in a vote of confidence in the telecom giant
MTN Nigeria CFO Modupe Kadri has acquired 1.3 million shares worth N1.03 billion in a personal bet on the telecom giant's long-term growth.
The son of America's richest Black billionaire just secured $30 million for his Nigerian mythology franchise
David Steward II's Lion Forge Entertainment has closed new international distribution deals for its Nigerian mythology series Iyanu after a $30 million investment round.
Namibian tycoon Quinton van Rooyen's Trustco faces a formal legal demand to replace its entire board
Quinton van Rooyen's Trustco Group has received a formal legal demand from a major shareholder to convene a meeting and replace its entire board.
Billionaire Christo Wiese's Shoprite just blew past its store opening target
Shoprite has exceeded its full-year store opening target with a month to go, boosting the value of Christo Wiese's $1.2 billion stake in the retailer.
Nigerian billionaire Femi Otedola completes London Business School programme
Nigerian billionaire Femi Otedola, who dropped out of high school at 17 without completing his A-Levels, has completed an executive programme at London Business School at 63.
Kenyan banker James Mwangi gains $8 million in four months on Equity Group stake
James Mwangi's 127.8 million Equity Group shares are now worth $75 million, up $8 million since Billionaires.Africa ranked him fourth on the NSE rich list in February.