Alex Karp’s Palantir renews multi-year deal with French intelligence
Palantir renews a three-year intelligence contract with France’s DGSI, extending its role in national security data analysis.
Africa’s richest people are warming up to Instagram - here’s why
Africa’s richest used to feel like rumors. Now they post - workouts, sermons, boardroom snaps - making billionaires oddly familiar, one scroll at a time.
Presco, led by Nigerian tycoon Rasheed Sarumi, adds 10,000 hectares
Presco, chaired by Rasheed Sarumi, expands its palm oil operations with a 10,000-hectare land acquisition in Cross River State.
Cameroon moves to approve Elon Musk’s Starlink satellite internet
The update was included in the 2025 budget review presented to the National Assembly’s Budget and Finance Committee.
Africa’s richest man Aliko Dangote’s refinery takes second Ghana crude
Dangote refinery receives another Ghana crude shipment as repairs cut intake and boost reliance on regional supply.
Edita, led by Egyptian tycoon Hani Berzi, plans $84 million expansion
Edita Food Industries, led by Hani Berzi, plans $84 million expansion to boost production in Egypt, Iraq, and Morocco.
Standard Bank, led by Sim Tshabalala, backs Safaricom Ethiopia with $138 million funding push
Standard Bank backs Safaricom Ethiopia with a $138 million funding facility to support its network expansion and rising user base.
Filipino billionaire Enrique Razon seals 25-year port deal in South Africa
Transnet’s 25-year Durban deal with ICTSI marks South Africa’s first big port concession, aimed at unclogging a vital, crisis-plagued trade gateway.
Duncan Wanblad-led Anglo American and Teck shareholders approve $50 billion merger
Anglo American and Teck shareholders approve $50 billion merger, creating world’s fifth-largest copper producer.
South African tycoon Stephen Saad loses $19 million from Aspen stake
Stephen Saad’s Aspen Pharmacare stake loses $19 million as shares fall, highlighting mounting pressure on Africa’s largest drugmaker.
Kevin Hart’s tequila brand boosts small firms with fresh grant round
The initiative is part of a $1.5 million program supporting more than 150 entrepreneurs in the U.S. and Mexico.
Sanlam, backed by billionaire Patrice Motsepe, unveils $234 million impact fund
Sanlam unveils a $234.8 million Property Impact Fund focused on social infrastructure, affordable housing and community development.
Namibian businessman Quinton van Rooyen's Trustco halts Riskowitz takeover move
Trustco rejects Riskowitz’s takeover move, calling the bid invalid after nominees refused required vetting.
Africa’s richest man Aliko Dangote pledges $700 million for Nigerian education
Africa’s richest man, Aliko Dangote, launches a $700 million fund to expand education and skills training across Nigeria.
Malawi’s richest man Hitesh Anadkat loses $171 million from FMB Capital stake
Malawi’s richest man Hitesh Anadkat sees a $171 million drop in his FMB Capital stake as the bank’s shares retreat on the Malawi Stock Exchange.
South African billionaire Michiel Le Roux’s Capitec buys Walletdoc for $23 million
Capitec advances its digital push with a $23.5 million deal to acquire Walletdoc and expand payment services.