Nigerian pharma tycoon Fidelis Ayebae's Fidson picked to make Roche flu drug
Fidson Healthcare, founded by Fidelis Ayebae, is one of 11 drugmakers chosen to produce a generic version of Roche's influenza drug baloxavir.
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.
Britain's second-richest man David Reuben quits UK for Monaco
David Reuben, 88, has left London for Monaco, joining his brother Simon. The pair share second place on Britain's rich list with almost £28 billion.
Ugandan pharma tycoon Emmanuel Katongole quits tax board after six months
Emmanuel Katongole, co-founder of Ugandan HIV drug maker Quality Chemical Industries, has resigned as chairman of Uganda's tax authority board after six months.
Cameroonian billionaire Baba Danpullo at war with Vietnam's Viettel over Nexttel
Viettel has asked Cameroon's president to block any new Nexttel investor without its consent, reviving its long fight with billionaire Baba Danpullo.
Billionaire Jim Ovia warns Nigeria against trading quality for more universities
Zenith Bank founder Jim Ovia says Nigeria's fast-growing number of universities, now about 312, must not come at the expense of quality.
Africa's richest man offers East Africa 30% of his $16 billion Kenya refinery
Kenya is weighing a 10% stake worth about $500 million in Dangote's Lamu refinery, part of a 30% share offered to East African governments.
Elon Musk mocks Delta's Wi-Fi after airline picks Amazon over Starlink
Elon Musk has escalated his feud with Delta, joking that its Wi-Fi could contain a rogue AI, after the airline picked Amazon's Leo over Starlink.
Burkinabè billionaire Idrissa Nassa's Coris Bank donates $178,000 to children of fallen soldiers
Idrissa Nassa's Coris Bank International has given 100 million CFA francs to Burkina Faso's government to support children of soldiers and volunteers killed in action.
Billionaire Aziz Akhannouch to leave office as Morocco names first woman prime minister
Morocco's king named Fatima Ezzahra El Mansouri prime minister, ending the five-year premiership of billionaire fuel tycoon Aziz Akhannouch after his party lost.
Kenyan banker James Mwangi gains $23 million on Equity Group shares in third quarter
James Mwangi's Equity Group stake rose $23.2 million in the third quarter after the Kenyan lender posted a record first-half profit.
Kenyan banker Titus Muya gains $12 million as Family Bank shares climb after listing
Titus Muya's Family Bank stake rose $12 million in the third quarter, the Kenyan lender's first full quarter as a listed company.
Nigerian businessman Fola Adeola gains $55 million on Aradel shares in third quarter
GTBank co-founder Fola Adeola's Aradel stake rose $54.7 million in the third quarter as Nigerian oil producers rallied on high crude prices.
Gabonese billionaire Samuel Dossou-Aworet gains $430 million in Q3 as Seplat and Aradel shares surge
Samuel Dossou-Aworet's stakes in Seplat Energy and Aradel Holdings rose $430 million in the third quarter as Nigerian oil stocks rallied.
Former Nigerian President Goodluck Jonathan praises Azikel's $1 billion refinery
Goodluck Jonathan toured Eruani Azibapu's $1 billion Azikel refinery in Bayelsa, backed by Afreximbank and AFC, calling it a hub for Niger Delta industry.
Zimbabwean luxury jeweler Alexander Mavros ventures into hospitality
The family behind luxury jeweler Patrick Mavros has opened The Palm Club in Harare and is eyeing more sites in Zimbabwe and Cape Town.
Eswatini billionaire Natie Kirsh builds giant New York family office after $29 billion deal
Natie Kirsh's family is hiring investment chiefs to run what could be one of the biggest family offices after the $29 billion Restaurant Depot sale.