Elon Musk receives the Order of Freedom, one of Ukraine's highest honours
Zelenskyy awarded Elon Musk the Order of Freedom for Starlink's role in the war, while pressing him to allow its use over Russian territory.
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.
Swvl raises $13m from Naguib Sawiris-backed Coefficient for US push
Four years after a $1.5bn SPAC listing that unravelled, Egypt's Swvl has raised $13 million led by Coefficient LP, the Houston firm backed by the Sawiris family — funding a US push and a new lending product for transport operators.
LeBron James borrowed $300M from Guggenheim-linked insurers
Months before he signed with the Lakers in 2018, LeBron James' LLC sold nearly $300 million in bonds to two life insurers advised by Mark Walter's Guggenheim — backed by his Nike deal and not due until 2049.
Aliko Dangote to buy ships as Nigeria vessel shortage bites
Dangote plans to acquire its own ships after failing to find a vessel to move 1,000 tonnes of cement to Ghana, exposing Nigeria's export shipping shortage.
South African wine magnate Wendy Appelbaum exports 75% of her output as volumes fall
South Africa's wine exports fell 13.8% by volume last year. Wendy Appelbaum's De Morgenzon ships three-quarters of its output to premium markets.
South African tycoon Jens Montanana's Datatec to return $432 million dividend to shareholders
Datatec will return about R7 billion ($432 million) to shareholders through a special dividend, after refinancing its Westcon unit with General Atlantic.
Billionaire Jamie Dimon and his wife Judith give $12 million to 12 Black colleges
The JPMorgan chief and his wife, Judith, have donated $12 million to 12 historically Black colleges through their foundation and the United Negro College Fund.
German billionaire Klaus-Michael Kuehne, logistics magnate behind Kuehne + Nagel, dies at 89
Klaus-Michael Kuehne, the controlling shareholder of Swiss logistics group Kuehne + Nagel and one of Germany's richest investors, has died at the age of 89.
Evergrande founder Hui Ka Yan, once China's richest man, sentenced to life in prison
Hui Ka Yan, the founder of Evergrande and once China's richest man, has been sentenced to life in prison for fraud and bribery.
Elon Musk's Tesla and SpaceX are building a 100 million square foot chip plant in Texas
Tesla, SpaceX and Intel are building Terafab, a 100 million square foot chip plant in Texas, with a first phase costing $16.8 billion.
Kenyan billionaire Adil Popat's Simba Corp partners with Absa to expand vehicle financing
Absa Bank Kenya has partnered with billionaire Adil Popat's Simba Corporation to finance up to 100 percent of vehicles and farm equipment for buyers.
South African-born billionaire Patrick Soon-Shiong will keep his Lakers stake amid Buss family feud
The South African-born billionaire says he will not sell his minority Lakers stake and intends to partner with incoming owners Bob Iger and Josh Kushner.
Billionaire Harold Hamm launches a multibillion-dollar plan to drill Argentine shale
The US oil billionaire's Continental Resources is buying half of Phoenix Global Resources and plans to invest $4 billion drilling Argentina's Vaca Muerta shale formation.
Wealthy Nigerian politician Abdulaziz Yari personally settles Geregu Power's defaulted bond
Geregu Power chairman Abdulaziz Yari has personally provided the funds to clear the company's N40.09 billion ($29 million) bond after a recent default.
Robinhood's billionaire CEO Vlad Tenev says a 'tokenization supercycle' is just beginning
Robinhood chief Vlad Tenev says global markets are in an early 'tokenization supercycle,' as on-chain equity trading reportedly hit a record $9 billion this year.
South African motor group CMH to pay directors $46 million for 13 dealerships
Combined Motor Holdings will pay three of its executive directors and their family trusts R745 million ($46 million) for 13 dealership properties it already leases.