Durban seals partnership to build Africa's first superyacht hub
Durban has signed a letter of intent with global yacht industry heavyweight Navigo to develop Africa's first superyacht refit hub at the Port of Durban.
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.
50 Cent inks $100 million Planet Hollywood deal to launch PH Live in Times Square
Curtis Jackson has partnered with Planet Hollywood's Robert Earl in a $100 million deal to launch PH Live, a celebrity entertainment hub in New York's Times Square.
Namibia rejects Starlink licence application
Namibia has rejected Starlink’s licence bid, blocking the satellite internet provider from operating as regulators enforce compliance with national telecom laws.
Karen Roos built Babylonstoren into one of South Africa's top luxury e-commerce brands while her billionaire husband Koos Bekker watched from the sideline
Karen Roos is turning Babylonstoren, the Cape Dutch farm estate she bought with billionaire Koos Bekker, into a top South African luxury e-commerce brand.
Nigerian entrepreneur Tosin Eniolorunda's Moniepoint acquires Orda to expand into Africa's food service market
Tosin Eniolorunda's Moniepoint has acquired Orda Africa to expand into food services, integrating restaurant software with payments and credit tools.
Lagos sues Air Peace founder over ₦94 million tax dispute
Lagos State has sued Air Peace founder Allen Onyema over a ₦94 million tax claim in a high-profile enforcement action.
Innscor takes 27 percent stake in Tanganda after underwriting $8 million rights offer
Innscor Africa has secured a 27 percent stake in Tanganda Tea Company after underwriting the firm's $8 million rights offer.
Billionaire Yasseen Mansour's Palm Hills posts 29.55 percent profit jump to EGP 4.22 billion in 2025
Yasseen Mansour's Palm Hills Development posted a 29.55 percent rise in consolidated net profit to EGP 4.22 billion for full-year 2025.
Steel tycoon Sikander Lalani's Roofings Group launches e-commerce platform to bring steel sales online across Uganda
Sikander Lalani's Roofings Group has launched an e-commerce platform with Tech Mahindra, enabling customers worldwide to browse, order and pay for steel products online.
Hesham El Ghoroury's Tiba wins Amethis backing to scale Egypt's rice-based food ingredients export push
Hesham El Ghoroury's Tiba for Starch & Glucose has secured a minority stake from Amethis to scale production capacity and expand into global export markets.
South African trio sells stablecoin startup BVNK to Mastercard for $1.8 billion, becoming instant billionaires
South African co-founders Jesse Hemson-Struthers, Donald Jackson and Chris Harmse have sold stablecoin startup BVNK to Mastercard for up to $1.8 billion.
Sam Darwish's IHS Towers swings to $126.8 million profit as MTN's $6.2 billion takeover looms
Sam Darwish's IHS Towers swung to a $126.8 million profit in 2025, reversing a $1.64 billion loss, as MTN's $6.2 billion takeover moves toward completion.
Ibrahim Mahama's Engineers and Planners leads race to take over Ghana's Damang gold mine from Gold Fields
Ibrahim Mahama's Engineers and Planners is the frontrunner to take over Ghana's Damang gold mine as Gold Fields prepares a formal state handover in April 2026.
Simon Rudland says extortion plot and AI-generated smear campaign falsely linked him to Zimbabwe coup plot
Gold Leaf Tobacco co-owner Simon Rudland says an alleged extortion attempt has driven a fabricated social media campaign falsely linking him to a Zimbabwe coup plot.
Gilbert Chagoury's ITB wins MSC's Lagos port build as two private dynasties unite on a $1 billion Snake Island bet
Gilbert Chagoury's ITB Nigeria has won the construction contract on Diego Aponte's MSC Snake Island port deal, uniting two of the world's most secretive business dynasties on a $1 billion Lagos bet.
GB Agboola's Flutterwave backs Tiwa Savage's music foundation to take African creative talent global
Flutterwave CEO GB Agboola has partnered with Tiwa Savage's new music foundation to build infrastructure for emerging African creative talent to reach global markets.