Africa’s richest man Aliko Dangote’s refinery sees surge in global fuel sales
The refinery has accelerated exports of petrol, diesel, and aviation fuel, filling a supply gap created by maintenance closures at Saudi Aramco and Kuwait facilities.
South African brothers, Brett and Mark Levy, plan Cell C listing
Blue Label, led by Brett and Mark Levy, plans to list Cell C on the JSE after a turnaround, aiming to cut debt and secure long-term growth.
Egyptian tycoon Hassan Allam's group wins major Oman water infrastructure contract
The project highlights the company’s expanding presence in international infrastructure projects.
South African businessman Lazarus Zim sued for $7 million in BEE dispute
South African businessman Lazarus Zim battles a $7 million lawsuit linked to Northam Platinum’s BEE restructuring.
Black executive Marvin Ellison-led Lowe’s to return $676 million to shareholders in Q2 dividend
Lowe’s, led by CEO Marvin Ellison, declares $676.2 million quarterly dividend, up 4.35%, underscoring its commitment to shareholder value amid market challenges.
Nigerian entrepreneur Olakunle Williams expands Tetracore Energy gas facility in Ogun State
Tetracore expands CNG capacity to 6.2 million cubic feet per day, powering industries and supporting Nigeria’s cleaner energy goals.
Britam, backed by Kenyan business leaders, to expand into Congo
Kenya's biggest publicly traded insurer is seeking acquisitions in Congo markets with low insurance penetration to boost growth and diversify revenue streams.
Nigerian gambling magnate Kessington Adebutu's Wema Bank stake nears $90 million
Kessington Adebutu’s Wema Bank stake nears $90 million as digital banking fuels strong investor gains in 2025.
South African billionaire Patrice Motsepe-linked Sanlam sells KwaZulu-Natal shopping mall
Sanlam, linked to Patrice Motsepe, has finalized the sale of Southcoast Mall in KwaZulu-Natal, streamlining property holdings to focus on core finance.
French billionaire’s firm Canal+ moves forward with $2.9 billion MultiChoice deal
The approval clears one of the last regulatory hurdles, allowing Canal+ to proceed with its mandatory offer to minority shareholders.
Prosus, led by South African billionaire Koos Bekker, in talks to invest $200 million in Rapido
Prosus, led by Koos Bekker, is in talks to invest $200 million in Indian ride-hailing firm Rapido, valuing it above $2.5 billion.
South African brothers, Brett and Mark Levy, lead Blue Label Telecoms to $140 million profit
Blue Label Telecoms, led by Brett and Mark Levy, posts $140.6 million profit as Cell C turnaround and digital growth drive headline earnings surge.
Egypt’s Ghabbour family gains $51 million from GB Corp stake
GB Corp shares climb 16.8%, earning the Ghabbour family $51 million and lifting market confidence in Egypt’s automotive industry.
Malagasy businessman Hassanein Hiridjee joins Jumia board after $110 million shareholding
By extending his reach into e-commerce, he is positioning Axian to play a central role in shaping the next phase of Africa’s digital retail industry.
Sim Tshabalala leads $1 billion Standard Bank pledge for women entrepreneurs in Africa
Standard Bank commits $1 billion to empower women entrepreneurs across Africa through the African Women Impact Fund.
South African executive Laurence Rapp-led Vukile Property Fund raises $28.4 million in bonds
Vukile Property Fund raises $28.4 million through bonds, cutting debt costs and boosting its retail portfolio in South Africa and Iberia.