Innscor takes 27 percent stake in Tanganda after underwriting $8 million rights offer
Innscor Africa has secured a 27 percent stake in Tanganda Tea Company after underwriting the firm's $8 million rights offer.
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South African billionaire Koos Bekker watches MultiChoice bleed as the empire he built fights for survival
Koos Bekker built DStv from an MBA thesis into Africa's biggest pay-TV empire. Now it is losing subscribers, channels and its identity.
Investor Memo: Fuel-Starved Nations Flock to Dangote — How the War Is Redrawing Africa’s Energy Trade Map
South Africa, Ghana and Kenya are lining up for fuel from Dangote's refinery as the Hormuz crisis enters its fourth week — we break down what this means for African energy trade, the IPO, and who holds the pricing power.
Tony Elumelu: The Dealmaker Who Won’t Stop Building — Macron’s Pick, Transcorp’s Record Year, and the Empire Behind Africa’s Most Visible Businessman
Macron tapped him for France's Africa coalition, his foundation just deployed $16 million, and Transcorp posted record revenue of $399 million — inside the empire and influence of Tony Elumelu.
African Wealth Briefing — Mon., March 23, 2026
South Africa wants a 12-month fuel deal with Dangote as the Iran war chokes off Middle East supplies.
The detention of Malagasy tycoon Mamy Ravatomanga in Mauritius is threatening the island's financial reputation ahead of its 2027 FATF review
The detention of Malagasy tycoon Mamy Ravatomanga in Mauritius on money laundering suspicions is raising fresh concerns about the island's FATF standing.
Tycoon Saki Macozoma says South Africa's Black Economic Empowerment must be overhauled and handed to a new generation of leaders
Saki Macozoma told the News24 On the Record summit that BEE must be overhauled and led by new leaders, not scrapped, to remain relevant.
Zimbabwean multimillionaire Simon Rudland threatens to sue state broadcaster ZBC over claims he bankrolled a plot to overthrow Mnangagwa
Zimbabwe businessman Simon Rudland has given state broadcaster ZBC two days to retract claims he bankrolled a plot to overthrow President Mnangagwa.
South Africa is seeking a 12-month fuel supply deal with Aliko Dangote's refinery as the Iran war chokes off Middle East supplies
South Africa is pursuing a 12-month fuel supply deal with Aliko Dangote's Nigerian refinery as the Iran war disrupts Middle East supply chains.
Ghana's opposition accuses tycoon Ibrahim Mahama of capturing the country's mining sector less than a year after his brother returned to power
Ghana's parliamentary minority is accusing Ibrahim Mahama of capturing the country's mining sector less than a year into his brother's presidency.
The Foschini Group warns both earnings per share and headline earnings will fall more than 20% as weak UK and Australia sales drag down its 2026 results
The Foschini Group has warned both its earnings per share and headline earnings will fall more than 20% for its 2026 financial year.
African Wealth Briefing — Sun., March 22, 2026
Bolloré faces trial over Togo and Guinea port corruption charges, Motsepe's ARC fights a $195 million jurisdictional battle, Elumelu deploys $16 million to 3,200 African entrepreneurs, and a Kenyan fuel tycoon picks up a prime Karen estate at auction.
Tony Elumelu Foundation is deploying $16 million to 3,200 African entrepreneurs in its 2026 cohort
Tony Elumelu Foundation is giving $5,000 each to 3,200 African entrepreneurs in 2026, deploying $16 million in total seed capital across Africa.
UBA Group and BII sign letter of intent to explore trade finance collaboration across Africa
UBA UK and British International Investment signed an LOI to explore trade finance deals that expand working capital for African firms.
French billionaire Vincent Bolloré will stand trial in December over corruption charges tied to port deals in Togo and Guinea
French billionaire Vincent Bolloré will stand trial in December over bribery and embezzlement charges tied to African port deals in Togo and Guinea.
Patrice Motsepe's African Rainbow Capital is fighting a US company's bid to block a South African court from ruling on a $195 million Tanzania lawsuit
A US company is contesting Johannesburg high court jurisdiction in a $195 million lawsuit against Patrice Motsepe's African Rainbow Capital.