Africa’s richest man Aliko Dangote plans refinery expansion to 700,000 barrels a day
Dangote's refinery nears 700,000-barrel daily capacity with U.S. crude imports and RFCC unit upgrade at 85 percent efficiency.
Kenyan businessman Peter Munga faces eviction from 75-acre property
Court orders Peter Munga to vacate 75-acre school land after Del Monte wins a long-standing lease dispute.
UK court dismisses murder suit against Egyptian billionaire Hisham Talaat Moustafa
UK court clears Egyptian billionaire Hisham Talaat Moustafa in civil suit linked to Suzanne Tamim’s 2008 killing.
Tanzania’s first dollar billionaire, Rostam Aziz, proposes $100 million youth talent fund
Rostam Aziz calls for $100 million youth talent fund and education reforms as he expands Taifa Gas with a $1.9 billion facility in Kenya.
Meet John Dabiri, the Nigerian-born genius with $3 million shares in Nvidia
Nigerian-American scientist John Dabiri holds $3 million in Nvidia stock and brings bioengineering insights to the AI chip giant’s board.
Kenyan banker James Mwangi confirms Equity Group’s first UAE branch coming by end of 2025
Equity Group targets UAE expansion by Q4 2025 as part of a broader push to deepen Africa–Middle East trade and investment ties.
Africa’s richest man, Aliko Dangote, gains $414 million in 24 hours
Dangote's net worth jumped $414 million in a day as investors poured into cement and sugar stocks on the Nigerian Exchange.
Kenyan tycoon Narendra Raval faces tax blow as cement empire comes under fire
Auditor-General Nancy Gathungu has warned that granting tax waivers without a proper legal basis could open the floodgates to abuse.
South African pharma mogul Stephen Saad’s Aspen stake sinks under $360 million
Aspen Pharmacare CEO Stephen Saad loses $32 million in 13 days as stock slumps; his stake now worth under $360 million amid JSE sell-off.
Femi Otedola’s quiet power move spurs $211 million block trade on NGX
Rare $211.7 million block trade on NGX signals changing control at First HoldCo as longtime shareholders quietly exit.
Nigerian billionaire Femi Otedola details rise to success in upcoming autobiography
Femi Otedola reveals lessons, risks, and defining moments in business in his long-awaited autobiography.
Central bank cracks down on son of Algeria’s richest man
Omar Rebrab barred from business roles as Algeria’s central bank enforces freeze amid misconduct probe.
South Africa’s second-richest man, Nicky Oppenheimer, is $1 billion richer so far in 2025
Nicky Oppenheimer gains $1 billion, lifting his net worth to $12.6 billion through investments in industry, finance, and African conservation.
Nigeria’s Sijuwade royal family, one of Africa’s richest, grows fortune to $240 million over decade
Royal heirs grow Sijuwade family fortune to $240 million through energy, real estate, and construction investments across Nigeria and beyond.
Africa’s oldest billionaire backs $1.42 billion bid to take over Australia’s Abacus Storage King
Natie Kirsh-backed consortium ups Abacus Storage King bid to $1.42 billion, intensifying takeover battle.
Billionaire Mike Adenuga’s Globacom to launch public Wi-Fi in Lagos under new deal
Globacom teams up with Wave5 to deploy public Wi-Fi in Lagos, aiming to ease congestion and expand digital access.