Egypt removes multimillionaire businessman Safwan Thabet from terror list
habet is a well-known Egyptian businessman who founded and led Juhayna Food Industries.
U.S.-Canadian billionaire Robert Friedland considers partner for DRC copper assets
Friedland is the founder of Ivanhoe Mines, a leading player in the mining and precious metals sectors.
Kenyan businessman Paul Ndung’u challenges expulsion from Sportpesa
The move follows a special resolution by Sportpesa CEO Ronald Karauri and other key stakeholders at Pevans East Africa.
Tech billionaire Olugbenga Agboola’s Flutterwave set to launch North African operations
Flutterwave is a leading payment technology provider in Africa.
Nigerian tech tycoon Leo Stan Ekeh secures $184-million contract for 2023 National Census
Ekeh is the founder of Zinox Group.
South African mogul Neal Froneman-led Sibanye-Stillwater gets permit for Finnish lithium project
Froneman holds a 0.074-percent stake in the precious metal mining group.
Kenyan mogul John Kimani-linked Kakuzi gears up for showcase at Berlin’s global trade fair
Kimani owns a 32.3-percent stake in Kakuzi.
Keroche CEO Tabitha Karanja battles state capture in $112.80-million tax dispute
Keroche Breweries is one of the largest producers of alcoholic beverages in Kenya.
U.S. billionaire Robert F. Smith partners with Deepak Chopra to boost Black leadership
Smith is America’s richest Black man.
Herbert Wigwe’s Access Holdings’ quest for growth continues despite Sidian Bank deal collapse
Herbert Wigwe owns a 4.51-percent stake in Access Holdings.
Egyptian businessman Hassan Allam’s firm inks deal with Beko to build plant in Egypt
Hassan Allam Holding is a privately held engineering, construction, and infrastructure firm.
Kenyan banker James Mwangi’s Equity to revamp Spire Bank’s loan portfolio
Mwangi has been instrumental in driving the Equity Group’s growth and success, implementing a range of initiatives and programs.
Aliko Dangote’s cement company, Sinoma join forces to build groundbreaking cement plant
Aliko Dangote is the founder and chairman of Dangote Group, a leading conglomerate with interests in various sectors.
Rolaco boosts interest in Egyptian tycoon Khaled Mahmoud’s group with 1.46 million shares
MM Group has successfully expanded its distribution network to cover more than 40,000 points of sale in Egypt.
Egyptian entrepreneur Mounir Nakhla’s MNT-Halan reaches $1-billion valuation in funding round
Under Nakhla, the fintech startup made strides in expanding its portfolio in 2022 with the strategic acquisition of Talabeyah.
Dangote named leading figure of the year by Vanguard
Dangote, who is the richest man in Africa, was honored for his leadership and contributions to the development of the Nigerian economy.