Family of Kenya's longest-serving spy chief wins $77 million land battle
Kenyan court restores $77 million estate to Kanyotu family, voids fraudulent sale of 500-acre land in Ruiru after forged documents exposed.
Oil mogul Gabriel Ogbechie’s Rainoil unveils 10 new fuel stations across Nigeria
The expansion supports Rainoil’s “Road to 400” push to scale its nationwide fuel retail network and boost petroleum access in urban and underserved markets.
Africa's richest man, Aliko Dangote, plans Nigeria’s biggest seaport
This infrastructure will enhance logistics for Dangote’s fertilizer and oil refinery operations, including planned exports of liquefied natural gas (LNG).
Algerian-born French beauty mogul Sue Nabi’s Coty stake swells by $13 million
Coty CEO Sue Nabi’s stake rose to nearly $160 million after a nearly 9% stock increase, signaling growing investor confidence in the beauty giant’s direction.
Egyptian billionaire Hisham Talaat Moustafa’s TMG shares top $1 billion again
Hisham Talaat Moustafa's stake in TMG rebounds above $1 billion after a 10% share rally, adding $95 million in 22 days.
Under Nigerian banker Segun Agbaje, GTCO becomes first West African lender to list in London
GTCO lists in London under Segun Agbaje, marking a first for West African banks and raising $105 million to meet capital goals.
Aliko Dangote's $20 billion refinery to process all Nigerian crude by year-end
Africa’s largest refinery eyes 100% local sourcing, boosts fuel self-sufficiency and cuts costly imports.
South African businessman Barry Swartzberg’s Discovery stake rises by $12 million
Barry Swartzberg's Discovery stake gains $12.4 million in 15 days as shares rally 4% on the JSE.
South African executive Gary Nagle leads Glencore’s copper deal with Philippines’ Villar family
The move comes as global copper smelting faces unprecedented pressure from record-low processing fees and overcapacity.
American-Burkinabe banker Simon Tiemtoré's Vista Group buys Société Générale Burkina Faso
The deal strengthens Vista’s position in the West African nation, reinforcing its ambitions to build a continent-spanning financial powerhouse.
Dalia Khorshid-led Beltone unveils AI unit to target MENA growth
Robin’s offerings include real-time market monitoring tools, intelligent dashboards, predictive analytics, and automated strategic reporting.
Alami Lazraq’s stake in Moroccan real estate firm tops $600 million
Alami Lazraq’s ADI stake hits $618 million after stock rally adds $46.4 million to his wealth in just two weeks.
Glencore, led by South African executive Gary Nagle, unveils $1 billion buyback
The transaction, finalized on Wednesday, netted Glencore a 16.4 percent stake in Bunge and approximately $900 million in cash.
Nigerian banker Segun Agbaje-led GTCO targets $100 million in UK share sale
The move comes as the Lagos-based financial group seeks to recapitalize Guaranty Trust Bank Plc, its flagship banking unit, to meet new regulatory thresholds.
Afreximbank raises Oando’s loan to $375 million as President’s nephew drives expansion
This is expected to fund Oando’s plans to ramp up production to 100,000 barrels of oil and 1.5 billion cubic feet of gas per day by 2029.
Mining company owned by Africa's first Black billionaire unveils plans to cut jobs
The decision underscores ongoing challenges in South Africa’s manganese mining sector and broader commodity price pressures.