Elon Musk alleges bribery in South Africa as Starlink fight over telecom rules intensifies
Elon Musk has alleged bribery and race-based discrimination in South Africa's telecom rules, saying Starlink has been unable to secure a license to operate.
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Othman Benjelloun's $500m Mohammed VI Tower opens in Rabat as Morocco's tallest building
Othman Benjelloun's O Capital Group has delivered Morocco's tallest building, a 250-meter skyscraper in Rabat inaugurated by the Crown Prince.
Lo Toney: 7 companies that define his venture capital legacy
From Nike's digital halls to his own Plexo Capital, Lo Toney's career spans seven companies that define modern venture capital investing
Nigerian billionaire Femi Otedola's memoir 'Making It Big' wins Business Book Gold at the 2026 Axiom Awards
Femi Otedola announced on X that his memoir Making It Big: Lessons from a Life in Business has won the Business Book Gold medal at the 2026 Axiom Business
Ghanaian tycoon Joseph Siaw Agyepong's Zoomlion seals waste management deal with Zimbabwe's Geo Pomona
Zoomlion Ghana and Zimbabwe's Geo Pomona have signed a memorandum of understanding to share waste management technology and improve sanitation across Zimbabwe.
McKinsey report: Africa's banking market hits $107 billion but growth remains uneven
McKinsey says Africa's banking revenues crossed $100 billion for the first time in 2025, with most gains concentrated in five markets.
Aliko Dangote lines up advisers for pan-African IPO of his $20 billion refinery
Aliko Dangote has appointed three financial advisers for a pan-African IPO of Dangote Petroleum Refinery, targeting listings across multiple African exchanges.
Lafarge Africa chairman Gbenga Oyebode to lead vote on rebranding company as HBM Nigeria after $1 billion Chinese takeover
Lafarge Africa is asking shareholders to approve a name change to HBM Nigeria Plc, ending one of Nigeria's most recognizable cement brand names.
MTN Uganda shareholders back Charles Mbire for another term with a 99 percent vote
MTN Uganda shareholders gave Charles Mbire a 99 percent vote to continue as board chairman, while the company's share price surged to Shs470.
Taiwo Afolabi appoints son LAX as executive director of SIFAX Logistics on the singer's 33rd birthday
Nigerian singer LAX has been appointed executive director of SIFAX Logistics, joining his father Taiwo Afolabi's group on his 33rd birthday.
Serena Williams backed Esusu, a fintech 326 investors rejected. It's now worth $1.2 billion.
Tennis legend Serena Williams bet on rent-reporting fintech Esusu when most investors wouldn't. Now it's worth $1.2 billion and reaching 12 million renters.
Jannie Durand sells R33.6 million in Remgro shares as Rupert's investment group discloses executive vesting round
Remgro's executive team, led by CEO Jannie Durand, has sold R52 million in shares under the Rupert-controlled group's conditional vesting plan.
Johann Rupert's Richemont takes center stage as Watches and Wonders Geneva 2026 opens
South African billionaire Johann Rupert's Richemont is bringing nine maisons to the world's largest watchmaking gathering, in Geneva this month.
Investor Memo: The $50 Billion Test — How the Dangote Refinery IPO Became Africa’s First Serious Cross-Border Listing
The Dangote Refinery IPO is not just Africa's largest equity offering — it is the first serious attempt to prove that a continental capital market can price a $50 billion industrial asset without outsourcing to London or New York, and the test lands in ten weeks.
African Wealth Briefing — Mon., April 13, 2026
The WeBuyCars brothers take JSE-listed RMH private for R654 million, Kate Fotso invests $28.3 million in a Cameroon brewery to challenge Castel Group, and Koos Bekker's Somerset hotel launches a garden festival funded by $334 million in Naspers share sales.
Kate Fotso, Cameroon's richest woman, is building a $28.3 million brewery in Souza to diversify beyond cocoa
Kate Fotso, Cameroon's richest woman and the CEO of Telcar Cocoa, is investing 17 billion FCFA ($28.3 million) in a new beverage plant in Souza in the Littoral region, her biggest push yet beyond her cocoa empire.