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Femi Otedola has spent N43.4 billion buying 549.5 million more FirstHoldCo shares, lifting his total stake to 19.36% in his biggest single purchase since becoming chairman in January 2024.
Idrissa Nassa's Coris Holding has joined a 17-institution coalition targeting a $50 billion gap in African agricultural trade financing at the Nairobi summit.
Alexx Ekubo, one of Nollywood's most recognizable actors and commercially savvy entertainers, has died at 40 after a prolonged battle with liver cancer, leaving the Nigerian entertainment industry in mourning.
Isabel dos Santos was Africa's first female billionaire. Today her assets are frozen across four countries and Interpol has issued a warrant for her arrest.
Hisham Talaat Moustafa's TMG posted a 24% Q1 profit rise to EGP 5.5 billion ($110 million) on strong Egyptian and Saudi real estate sales.
Aliko Dangote's decision to lean toward Mombasa over Tanzania's Tanga port for a $15-17 billion East African refinery is the public crystallization of a regional political rift building for weeks.
Macron's $27 billion Nairobi summit is the deliberate end of Françafrique and the substitution of private-sector European capital for the public-sector colonial architecture that preceded it.
Aliko Dangote anchors Macron's $27 billion Nairobi summit and confirms Mombasa as his preferred $17 billion East African refinery site; Sawiris reorganizes Orascom for the $50 billion Abu Dhabi platform.
Equity Group CEO James Mwangi told the Africa Forward Summit in Nairobi that African governments must fix three structural barriers or risk losing the investment decade.
Ghana's Supreme Court has dismissed Ecobank Ghana's final legal attempt to avoid paying compound interest to investor Daniel Ofori in a dispute that began in 2008.
Koos Bekker's Prosus sold a 5 percent Delivery Hero stake to Hong Kong's Aspex for €335 million in its second EU-mandated divestment.
Algeria is attempting to sell a Barcelona hotel belonging to jailed billionaire Ali Haddad, but a pre-existing contract is blocking the transaction, French-language reporting confirms.
The murder trial of Cameroon media tycoon Jean-Pierre Amougou Belinga has been adjourned for a month after a key defence lawyer traveled abroad during proceedings.
Folorunsho Alakija has ended her decade as Osun State University chancellor, with BOVAS Oil and Gas founder Victoria Samson named as her successor on May 10.
The Cameroon presidency has ordered official checks into the long-running legal dispute between billionaire Baba Danpullo and MTN Cameroon, signaling new scrutiny of one of Central Africa's most consequential business fights.
Moroccan billionaire Anas Sefrioui has sold his only French cement plant and is redirecting capital toward Africa, where his CIMAF network already spans more than a dozen countries.