Byron Allen donates $100,000 to family of Nolan Wells as billionaire Tyler Perry covers funeral
Media mogul Byron Allen donated $100,000 to the family of Nolan Wells, joining Tyler Perry and Colin Kaepernick in supporting the grieving family.
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Egypt's wealthy Allam family weighs public listings for Hassan Allam real estate and infrastructure units
Egypt's Hassan Allam Holding is weighing public listings for real estate and infrastructure subsidiaries on Gulf exchanges or the EGX, keeping the parent private.
Billionaire Robert F. Smith's Vista Equity bids to take French ad tech firm Criteo private
Vista Equity Partners, led by billionaire Robert F. Smith, has bid to take French ad tech firm Criteo private at a premium of over 50%.
Egyptian billionaire Nassef Sawiris takes majority control of chemical company OCI Global
Egyptian billionaire Nassef Sawiris has taken majority control of OCI Global, lifting his stake above 55% as his take-private bid advances.
Billionaire David Steward's World Wide Technology wins $230 million US Army modernization contract
World Wide Technology, David Steward's St. Louis tech giant, has won a $230 million contract to modernize the US Army's IT infrastructure.
Jamaican billionaire Michael Lee-Chin's Portland Holdings signs Turkish nuclear deal in energy push
Michael Lee-Chin's Portland Holdings has signed a new agreement with Turkish firm Nuclean to cooperate on Turkey's growing nuclear-energy sector.
Cameroonian tycoon Nassourou Issa plans $100 million sugar mill to rival Castel
Cameroonian tycoon Nassourou Issa is building a $100 million sugar mill, backed by Société Générale, to outproduce the Castel family's Sosucam by 2028.
Kenyan beer tycoon Ngugi Kiuna fails to block $1.5 million legal fee claim in Heineken case
Kenyan tycoon Ngugi Kiuna has failed to block a law firm from pursuing more than $1.5 million in legal fees tied to his Heineken court battle.
Mary Wambui, one of Kenya's richest women, loses court bid to stop Equity Bank takeover of Glee Hotel
A Kenyan court has refused to halt Equity Bank's takeover of Mary Wambui's luxury Glee Hotel over a debt the bank values at KSh 9.1 billion.
Tunisia's Poulina Group posts $67 million profit for 2025 on financial gains
Tunisia's Poulina Group lifted 2025 net income 26.4% to about $67 million, though financial gains, not its industrial core, drove most of the rise.
Tanzanian billionaire Mohammed Dewji to invest $275 million in graphite mining and luxury tourism
Tanzanian billionaire Mohammed Dewji is investing about $275 million in graphite mining and luxury tourism, part of a plan to triple MeTL Group revenue by 2035.
Tanzania's richest man eyes $100 million stake in Dangote's planned Kenya oil refinery
Tanzanian billionaire Mohammed Dewji says he is willing to invest $100 million in Aliko Dangote's proposed oil refinery in Kenya.
Tycoon Moh Damush's Telecel Group bids for TalkTalk's UK wholesale telecom arm
Telecel Group, the pan-African operator co-founded by Moh Damush, has bid for TalkTalk's UK wholesale arm in a deal worth up to £450 million.
Angolan billionaire Antonio Mosquito doubles his stake in TotalEnergies-operated offshore oil block
Sonangol has handed 5% of the TotalEnergies-operated Block 17/06 to Falcon Oil, doubling the stake held by Angola's richest man to 10%.
The billionaire who built Nigeria's gas pipelines: inside Emeka Okwuosa's Oilserv empire
How engineer Emeka Okwuosa built Oilserv into one of Nigeria's largest indigenous oil-and-gas contractors, laying the pipelines that carry the country's gas.
Billionaire Mohammed Dewji vows to strengthen his Simba SC squad after ending trophy drought
Billionaire Mohammed Dewji has pledged to reinforce his Simba SC squad for an African push after the Tanzanian club ended a four-year trophy drought.