Billionaire Patrice Motsepe-linked Sanlam acquires majority stake in Medhold
Patrice Motsepe Sanlam Private Equity has taken majority control of Medhold, signaling renewed investment in Southern Africa healthcare sector.
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.
SIFAX Chairman Taiwo Afolabi drives ports and cargo turnaround after strategic reset
SIFAX Chairman Taiwo Afolabi has steered Ports and Cargo back to growth after restructuring stevedoring operations and refocusing on general cargo.
Sam Darwish's IHS Towers exits Brazil Fibre market in $452 million Deal
IHS Towers CEO Sam Darwish has signed a deal to exit Brazil fibre market, selling a majority stake in I Systems for $452.6 million.
Billionaire Femi Otedola applauds Dangote as refinery hits full capacity
Femi Otedola has praised Aliko Dangote after the refinery reached 650,000 barrels per day, calling the milestone transformational for Nigeria economy.
Rainoil Founder Gabriel Ogbechie Pushes Pipeline Revival and Fair Fuel Pricing Reform
Rainoil founder Gabriel Ogbechie has urged Nigeria to revive its pipeline network and adopt fair pricing to drive sustainable growth in the energy sector.
Abdul Samad Rabiu Urges Africa to Shift From Extraction to Industrial Processing
BUA founder Abdul Samad Rabiu has called on African governments and financiers to move from raw exports to large scale industrial processing.
Discovery Founder Adrian Gore Moves to Buy Landmark Sandton Headquarters
Discovery founder Adrian Gore has backed the R4.05 billion purchase of the group Sandton headquarters, citing long term savings and balance sheet strength.
Bill Gates Rejects Claims Linking Him to Mosquito Surge in Kenya
Bill Gates has rejected claims circulating online that link him to a surge in mosquitoes in Kenya, with his foundation calling the allegations false.
Egyptian billionaire Hisham Talaat Moustafa to establish a private university
Hisham Talaat Moustafa is leading a new push into higher education as Talaat Moustafa Group plans a private university in Noor City.
Billionaire investor Femi Otedola signals painful reset as First HoldCo rebuilds its future
Femi Otedola says rebuilding First HoldCo will involve tough disruptions as the group resets its balance sheet and positions for long term stability.
Kenyan banker James Mwangi hit with security order in $7.8 million land fight
Court of Appeal blocks James Mwangi’s bid to halt a Sh1 billion land judgment, orders Sh10 million security and freezes dealings on the Muthaiga plot.
Aliko Dangote emerges as key partner as Cameroon refinery seeks restart support
Dangote Group is in talks with Cameroon refinery Sonara over fuel supply and financing as the company seeks to restart operations under a heavy debt load.
SIFAX Group Chairman Taiwo Afolabi Expands Rural Healthcare Access Through Free Insurance Scheme
SIFAX Group chairman Taiwo Afolabi has expanded healthcare access in rural Ogun through a free insurance program targeting elderly and vulnerable residents.
Citygate Homes Chairman Duru Mike Ejiogu honored as Entrepreneur of the Year by Sun Newspapers
Citygate Homes chairman Duru Mike Ejiogu received Sun Newspapers’ Entrepreneur of the Year award at a ceremony attended by Nigeria’s business and political elite.
UTM Offshore CEO Julius Rone sets 2026 start date for Nigeria's first Floating LNG project
UTM Offshore CEO Julius Rone announced that Nigeria first floating LNG facility will begin construction in 2026, marking a major step for the gas sector.
Elon Musk Calls for Sanctions Against Julius Malema as Political Tensions Flare Subheadline
Elon Musk renewed his criticism of Julius Malema, urging sanctions and international action after resurfaced remarks fueled debate over race and land reform.