Nigerian billionaire Femi Otedola spends $15 million on daughter’s wedding
Temi Otedola, daughter of Nigerian billionaire Femi Otedola, married Afrobeats star Mr. Eazi in a $15 million trilogy, the most expensive wedding in Africa’s history.
South Africa’s Stephen Saad expects $50 million sales from Aspen’s weight loss drug
South African pharma tycoon Stephen Saad says Aspen’s weight loss drug could reach $50 million in sales within two years.
South Africa’s Christo Wiese sees Shoprite stake approach $1 billion
Shoprite stock rally boosts South African billionaire Christo Wiese’s stake close to the $1-billion mark.
Nigerian insurance tycoon Wole Oshin's Custodian stake is now worth $42 million
Wole Oshin’s Custodian stake soars to $42 million as shares rally 142%, boosting wealth and investor confidence in Nigeria’s insurance sector.
South African pharma tycoon Gus Attridge loses $15.8 million on Aspen stake
Aspen co-founder Gus Attridge loses $15.8 million in three weeks as drug stocks fall, cutting Aspen’s value below $2.6 billion.
Paratus, led by Schalk Erasmus, rolls out Namibia’s first private mobile network
Paratus, led by Schalk Erasmus, invests $34M to launch Namibia’s first private LTE and 5G network, connecting 50 towns and 80 communities.
OpenAI makes $1.1 billion acquisition as Nigerian billionaire Ogunlesi serves on board
OpenAI acquires Statsig for $1.1 billion, expanding product testing tools while Adebayo Ogunlesi brings boardroom influence.
Rihanna loses 41 percent of net worth since May 2022
Rihanna’s net worth falls 41 percent since May 2022, dropping from $1.7 billion to $1 billion amid challenges in her business ventures.
Moroccan billionaire Anas Sefrioui's stake in ADH surges above $1.2 billion
Moroccan billionaire Anas Sefrioui’s stake in Morocco’s ADH surpasses $1.2 billion as the property market shows signs of recovery.
Nigerian billionaire TY Danjuma’s firm wins $10 million oil deal
Nigerian billionaire TY Danjuma’s South Atlantic Petroleum signs $10 million oil deal with TotalEnergies in the Niger Delta.
Motsepe-backed Harmony Gold wins shareholder approval for $1.03 billion Australian copper deal
Harmony Gold secures support in its $1.03 billion MAC Copper acquisition, expanding its global mining portfolio.
Eswatini’s richest man Natie Kirsh loses $500 million in three months
Natie Kirsh loses $500 million in three months, bringing his wealth below $10 billion despite new business moves.
South African tycoon Barry Swartzberg’s Discovery stake rises above $320 million
South African billionaire Barry Swartzberg’s Discovery stake rises above $320 million as shares recover on the JSE.
Zenith Bank CEO Adaora Umeoji delivers $130,000 to Nigeria’s D’Tigress
Zenith Bank honors Nigeria’s women’s basketball champions with $130,000 after their 2025 AfroBasket victory.
South Africa’s richest Johann Rupert rebounds to $16.1 billion after Richemont surge
South Africa’s richest man Johann Rupert regains $1.2 billion in two weeks, lifting his fortune to $16.1 billion on Richemont gains.
Burna Boy, Davido, Wizkid drive Nigerian entertainment industry toward $13.6 billion
Nigeria’s entertainment industry is projected to hit $13.6 billion by 2028, led by Burna Boy, Davido and Wizkid.