British billionaire Chris Hohn built a record-breaking hedge fund to pay for Africa's children
British billionaire Chris Hohn built a hedge fund that made $18.9 billion last year. Much of his fortune now funds child health programs across Africa.
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.
Egyptian billionaire Ahmed Elsewedy plans to build electric cars in Algeria
Egyptian billionaire Ahmed Elsewedy’s Elsewedy Electric wants to build electric and hybrid cars in Algeria under its Elsewedy EZZ brand.
Nigerian oil tycoon Ken Etete built an offshore empire by buying the oil ships he once ran for others
Nigerian oil tycoon Ken Etete went from running other companies' floating oil platforms to owning three of his own through Century Group.
Trump presents National Medal of Science to billionaire Elon Musk and three other tech leaders
President Trump presented the National Medal of Science to Elon Musk, Sergey Brin, Jensen Huang and Lisa Su, and the technology medal to Michael Dell and Satya Nadella, at a White House science summit.
Egyptian billionaire Naguib Sawiris says Palestinians gained nothing from October 7
Naguib Sawiris called the October 7 attack a horrible act of terrorism that brought Palestinians only destruction, while warning of an expansionist Israeli government.
EU lifts Belarus sanctions on Russian billionaire Mikhail Gutseriev after court wins
The EU has removed Russian billionaire Mikhail Gutseriev and Belarusian businessman Viktar Shautsou from its Belarus sanctions list after court rulings, though Gutseriev stays under separate Russia-related sanctions.
Weston family's Wittington to buy Boots from Sycamore in $8.9 billion deal
Wittington Investments, the holding company of Canada's billionaire Weston family, has agreed to buy Boots from Sycamore Partners and the Pessina family for $8.9 billion including debt, with Galen Weston to become chairman at closing.
Billionaire Mohammed Al-Amoudi accused of funding al-Qaeda in secret Pentagon report
A classified 2002 Pentagon report names billionaire Mohammed Al-Amoudi in an alleged money trail to Osama bin Laden, Swedish broadcaster SVT reports. He denies it.
Zimbabwean tycoon Kudakwashe Tagwirei pledges $1 million for Mnangagwa's 2030 push
Kudakwashe Tagwirei pledged $1 million and 10 vehicles per province at a ZANU-PF event rallying war veterans' children behind Mnangagwa's Vision 2030, ZimEye reported.
South African tycoons Mark and Brett Levy's Blu Label stays silent on Ticketpro buyers
Blu Label sold Ticketpro's sport and events business for R5 million, but neither it nor the buyers will disclose who now owns the ticketing company.
Thaksin Shinawatra testifies in tax court to block asset seizures over 17.6 billion baht Shin Corp bill
Former Thai prime minister Thaksin Shinawatra testified at the Central Tax Court to stop further seizures of his assets over a 17.6 billion baht tax bill on the 2006 Shin Corp sale, with a ruling due on November 26.
Aliko Dangote's $51.7 billion Forbes fortune now exceeds that of South Africa's eight billionaires combined
Forbes values Aliko Dangote at $51.7 billion, more than the combined wealth of South Africa's eight billionaires, while Bloomberg's index puts his fortune at $35.7 billion.
Africa's richest man Aliko Dangote's Kenya refinery deal faces urgent court case
Kenya's High Court has certified as urgent a petition seeking disclosure of the money, land and guarantees behind the state's stake in Dangote's Lamu refinery.
South African tycoon Richard Maponya's heirs take his empire into airport retail
Richard Maponya built a R1 billion empire under apartheid. Six years after his death, his children have fought over the estate and kept expanding it.
Billionaire Newhouse family rules out selling Vogue owner Condé Nast
The Newhouse family has ruled out selling Condé Nast, the owner of Vogue and The New Yorker, after chief executive Roger Lynch left for Mattel.
Elon Musk becomes a trillionaire again as SpaceX shares hit highest since June
Elon Musk's net worth rose back above $1 trillion on Monday as SpaceX shares reached their highest level since mid-June and Tesla also gained, according to Bloomberg and Forbes.