Nigerian businessman Cosmas Maduka urges African entrepreneurs to build slowly, honor values
Nigerian businessman Cosmas Maduka urges African entrepreneurs to build steadily, honor values, and grow with patience and discipline.
Mr. Eazi pledges $2 million to build new live event venues in Accra
Mr Eazi commits $2 million to build new indoor and outdoor live event venues in Accra, expanding capacity for major performances year-round.
Femi Otedola urges higher minimum as FirstBank hits $346 million capital target
FirstBank reaches $346 million minimum; Femi Otedola urges raising international banking capital to $692 million.
Nigerian executive Wola Joseph-Condotti-led West Power exits Eko DisCo in $250 million deal
West Power, led by Nigerian executive Wola Joseph-Condotti, has sold its 60 percent stake in Eko DisCo in a N360 billion, $250 million transaction.
Tanzanian billionaire Rostam Aziz clears legal hurdle for Mombasa LPG terminal
Rostam Aziz clears legal hurdle for $130.5 million Mombasa LPG terminal, boosting Kenya's regional energy supply.
Kenyan businessman Julius Mwale halts contractor payment with deposit
Kenyan businessman Julius Mwale pauses contractor payment with $132,400 deposit while appealing a road dispute at MMTC.
South African pharma tycoon Stephen Saad’s Aspen to sell Asia-Pacific assets for $1.59 billion
Stephen Saad’s Aspen will sell most Asia-Pacific operations for $1.59 billion as the drugmaker trims debt and reshapes its global footprint.
Malawian businessman Napoleon Dzombe to launch Dowa fertilizer plant in 2026
Napoleon Dzombe’s Dowa fertilizer plant set for April 2026 launch, aiming to meet Malawi’s national fertilizer demand and cut imports.
South African billionaire Saltzman family’s Dis-Chem stake tops $630 million
The Saltzman family’s Dis-Chem stake tops $630 million after steady JSE gains, signaling cautious investor confidence in pharmacy retail.
Nigerian billionaire Femi Otedola cashes out of Geregu Power in $750 million deal
The transaction marks a decisive step away from an asset he helped turn into a market bellwether.
After Farouk Ahmed’s exit, NMDPRA says Dangote refinery petrol supply fell below target
NMDPRA says Dangote Refinery supplied 23.52 million liters of petrol daily in November, missing projections as imports lifted Nigeria’s fuel supply.
Ugandan businessman Mukesh Shukla fined $3.9 million over Kampala property
Ugandan tycoon Mukesh Shukla fined $3.9 million for illegally occupying Shumuk House, ending the decade-long Katatumba family dispute.
Le Creuset owner Paul van Zuydam becomes South Africa’s newest billionaire
Paul van Zuydam becomes South Africa’s newest billionaire, building Le Creuset into a $850 million cookware empire.
Kenyatta family, Kenya’s largest landowner, gains $11 million from NCBA stake
NCBA shares rebound on the NSE, lifting the Kenyatta family’s stake by $11 million as investor interest returns.
Egyptian entrepreneur Mounir Nakhla’s MNT-Halan targets $5 billion financing book
Mounir Nakhla’s MNT-Halan aims to grow its financing portfolio to $4.5–5 billion by 2026, expanding consumer and SME lending across Egypt and MENA.
Malagasy tycoon Hassanein Hiridjee sees telecom as Africa’s AI backbone
Hassanein Hiridjee sees telecom networks as Africa’s AI backbone, driving growth through data centers and regional expansion.