Tagaddod, led by Egyptian entrepreneur Nour El-Assal, raises $26 million for regional expansion
Tagaddod raises $26.3 million led by the Arab Energy Fund to scale its renewable feedstock operations across the Middle East and Europe.
Nigerian entrepreneur Tosin Eniolorunda’s Moniepoint UK arm faces $1.2 million loss
Moniepoint, led by Tosin Eniolorunda, posted a $1.2 million loss in the UK while preparing for a full 2025 launch.
Nairobi-based entrepreneur Farouk Ramji drives Mawingu to $20m funding success
Mawingu Networks raises $20 million from Pembani Remgro to expand affordable internet across Kenya and Tanzania under CEO Farouk Ramji.
Adrian Gore’s Discovery Green inks 20-year deal to power mines
Discovery Green and Glencore sign a 20-year renewable deal to power South African mines and reduce carbon emissions.
South African tycoon Stephen Brookes’ Balwin hit by Airbnb court dispute
Balwin, led by South African tycoon Stephen Brookes, faces legal fight as Airbnb rentals divide Blyde Estate homeowners, investors, and developers.
Nigerian entrepreneur Seyi Ebenezer’s Payaza repays $13.9 million commercial paper
Payaza Africa, founded by Nigerian entrepreneur Seyi Ebenezer, has repaid $13.9 million under its $34.1 million commercial paper program, reinforcing investor confidence.
CRDB Bank, led by Tanzanian banker Abdulmajid Nsekela, secures $200 million loan
CRDB Bank, led by Tanzanian banker Abdulmajid Nsekela, secured a $200 million syndicated loan after record investor demand surpassed expectations.
Billionaire Ogunlesi eyes major investments in Nigeria’s ports and aviation
Billionaire Adebayo Ogunlesi plans fresh investments to boost Nigeria’s ports, aviation, and energy landscape.
Nigerian aviation mogul Chukwuerika Achum’s Falcon Aero gets $10 million boost for VivaJets
Falcon Aero secures $10 million for VivaJets to expand fleet, retire debt, and boost air connectivity across Africa.
Elon Musk’s Starlink, Cisco boost Rwanda’s tech expansion
Starlink and Cisco team up with Rwanda to build a gateway, expand connectivity and train millions for the digital economy.
Richard Stewart succeeds Neal Froneman as Sibanye CEO
Sibanye-Stillwater names Richard Stewart CEO as Neal Froneman retires, with stock hitting record highs.
Prosus, led by Koos Bekker, clears $4.3 billion Just Eat Takeaway deal
Prosus, chaired by Koos Bekker, secures 90% of Just Eat Takeaway in a $4.73 billion deal, marking its biggest European acquisition in years.
U.S.-Nigerian telecom tycoon Sam Darwish’s IHS invests $750 million in solar, hybrid power projects
IHS invests $750 million in solar and hybrid power in Nigeria, advancing clean energy and sustainability goals.
South African billionaire Michiel Le Roux’s Capitec reports $326 million half-year profit
Capitec Bank, founded by billionaire Michiel le Roux, posted $326.4 million profit in H1 2026, lifted by higher income and tight cost control.
Kenyan tycoon TK Muya’s Family Bank plans Nairobi Stock Exchange listing
Kenyan tycoon TK Muya’s Family Bank plans NSE listing as shareholders meet to approve debut after decades of growth.
Africa’s richest man Aliko Dangote’s refinery signs new crude deal with NNPC
Aliko Dangote’s refinery signs two-year crude deal with NNPC to boost domestic fuel supply through 2027.