Stephen Curry ends sneaker search, signs 10-year deal with Li-Ning
Stephen Curry has ended a months-long sneaker search, signing a 10-year endorsement deal with Chinese company Li-Ning that takes his Curry Brand global.
Otobong Tommy
Reporter
Otobong Tommy is a business writer and researcher with a background in public administration. She has worked with media and policy-adjacent institutions including Ventures Africa and NAEC, contributing to research and business reporting.
Ghana liquor tycoon Kwabena Adjei's Kasapreko closes IPO, set to list June 17
Kasapreko PLC has closed its GH¢700 million IPO on the Ghana Stock Exchange, with investors now waiting on allotment results ahead of a June 17 listing.
Billionaire Robert F. Smith's company sells renovated Palm Beach estate for $29.25 million
A company linked to billionaire Robert F. Smith and his wife Hope has sold a renovated Palm Beach estate for $29.25 million, recording a tidy profit.
Michael Jordan set to pocket millions as PSG's Champions League win triggers jersey sales surge
Michael Jordan is set to pocket millions after PSG's Champions League final win over Arsenal triggered an immediate surge in jersey and merchandise sales.
Who is Ze Nxumalo, the South African businessman who paid $215,000 for a city manager's private jet trip to London
Ze Nxumalo paid R3.35 million for a private jet used by Ekurhuleni city manager Imogen Mashazi in 2022. He says he chartered it for another businessman.
Dutch authorities clear Kanye West to perform two concerts in the Netherlands
Dutch authorities found no legal grounds to bar Kanye West from the Netherlands, clearing two concerts in Arnhem on June 6 and June 8 despite widespread opposition from Dutch lawmakers and Jewish groups.
Aliko Dangote's 17-billion dollar East African refinery advances as Ruto vows to build this year despite oil cartels
Kenya's Ruto has confirmed Aliko Dangote's $15-17 billion East African refinery will start construction this year, vowing to push ahead despite resistance from oil cartels.
Kaushik Burman's Spiro buys UK engineering firm Coexlion to anchor its first African R&D hub in Nairobi
Kaushik Burman's Spiro, Africa's largest electric-motorcycle company, has acquired UK engineering firm Coexlion and will open its first African R&D center in Nairobi.
IFC plans $10 million loan to Idrissa Nassa's Coris Bank in Chad to expand SME lending
The IFC plans to provide up to $10 million to Coris Bank International Chad, a subsidiary of Idrissa Nassa's Coris Holding, to expand SME lending across trade, construction and agriculture.
Aliko Dangote's sugar firm opens a $324 million rights issue to bankroll local production
Aliko Dangote's Dangote Sugar has opened a N485.9 billion ($324 million) rights issue to strengthen its balance sheet and fund a major local-production drive.
Billionaire Rihanna walks away from Puma as her revived Fenty sneaker deal ends
Billionaire mogul Rihanna has ended her revived Fenty x Puma partnership after three years, leaving her a sneaker free agent amid growing Nike sightings.
Johann Rupert's Richemont defies tariffs and record gold prices to post double-digit growth
Johann Rupert's Richemont grew annual sales 11% to €22.4 billion ($24.2 billion) and lifted profit 27%, shrugging off US tariffs and record gold prices.
South African tycoon Tokyo Sexwale says the ANC presidency is dangerous and he does not want the job
South African mining billionaire Tokyo Sexwale says running for ANC president is dangerous and he does not want the role, backing Paul Mashatile to succeed Cyril Ramaphosa instead.
Billionaire Abdul Samad Rabiu says BUA Cement prices will fall as naira stability eases costs
BUA Cement chairman Abdul Samad Rabiu told shareholders cement prices will fall as naira stability eases costs, after the company posted a record 2025 profit.
Egyptian billionaire Naguib Sawiris draws Endeavour Mining's weakest investor backing at 2026 annual meeting
Egyptian billionaire Naguib Sawiris kept his seat on Endeavour Mining's board at its 2026 AGM, but drew the weakest shareholder support of any director.
Nigerian Logistics mogul Taiwo Afolabi urges African firms to build global-scale corporations that outlast their founders
SIFAX chairman Taiwo Afolabi told the Africa CEO Forum in Kigali that the continent must build large corporations strong enough to outlast their founders.