Kirubi family-linked Centum exits Sidian Bank in final stake sale
Centum, linked to the late Chris Kirubi’s estate, has sold its remaining Sidian Bank stake, ending a 25-year investment.
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Lebanese billionaire Gilbert Chagoury's troubled legal history scrutinized in $1 billion Snake Island port deal
The companies behind Nigeria's $1 billion Snake Island port deal carry histories of bribery penalties, money laundering convictions and tax charges.
The Economist: Africa's biggest businessman is reshaping the continent
He built Africa's largest refinery. Now he wants to industrialize the entire continent. In a rare interview from his Lagos office, Aliko Dangote — the only African among the world's 100 richest people — talks oil prices, continental ambition, and why he believes no one else will do what he's doing.
Woolworths CEO Roy Bagattini seals in2food deal to control its premium meals supply chain
Woolworths is buying 100% of in2food Holdings from its founders and Old Mutual Private Equity in a cash deal expected to lift earnings immediately.
Kenyan banking mogul James Mwangi's Equity Bank Rwanda loses $3.2 million in fraud as 35 suspects arrested
Equity Bank Rwanda lost about $3.2 million in a fraud scheme that exploited its mobile money float system, with 35 people arrested.
Tony Elumelu's Transcorp hits record $399 million revenue, profit up 44-percent
Tony Elumelu's Transcorp Group has delivered the most commanding financial performance in its history, posting $399 million in revenue for full year 2025 and a 44% surge in profit after tax, as the conglomerate signals aggressive expansion across power and hospitality heading into 2026
Sanctioned Zimbabwean tycoon Kudakwashe Tagwirei paid $1.8 million for President Mnangagwa's old Aston Martin at a charity auction
Sanctioned tycoon Kudakwashe Tagwirei paid $1.8 million for President Mnangagwa's old car at a Harare auction, then donated it back.
Patrice Motsepe emerges as top pick to lead ANC and become South Africa's next president
Billionaire Patrice Motsepe is the frontrunner to lead the ANC and become South Africa's next president, according to a leading political analyst.
Billionaire Dr. Dre sells Carbon Beach home for $16.5 million in quiet off-market deal
Andre Young, known professionally as Dr. Dre, has quietly sold his Carbon Beach waterfront home in Malibu for $16.5 million.
African Wealth Daily Briefing — Wed., March 18, 2026
Dangote is supplying 92% of Nigeria's petrol and just signed a $4.2 billion deal to build East Africa's biggest fertilizer plant — plus Mahama circles a Ghanaian gold mine, TMG tops Egypt's developer rankings, and Starlink goes live in the Central African Republic as Iranians beg for access.
Nawiri Group wants safari travel to fund nature and communities
B Corp certified Nawiri Group unites Asilia and Go2Africa, employing 1,300 people and channeling over $10 million yearly into parks and communities.
South African heiress who bought ex Coca-Cola boss’s Belrose mansion for $8m now seeks $20m after major makeover
Luciana Ravazzotti Langenhoven has listed a Belrose estate bought for $8 million, chasing about $20 million after years of renovations.
South Africa’s next CFOs will be judged on more than financial results
CFOs are now strategic partners, tech guides and board communicators. Companies that want that impact must build stronger finance teams underneath them.
Burkina Faso tycoon Mahamadou Bonkoungou circles Dassault’s new Falcon 10X as EBOMAF expands its aviation ambitions
Burkina Faso businessman Mahamadou Bonkoungou was a front-row guest at Dassault's Falcon 10X unveiling in Bordeaux this month.
MNT-Halan CEO Mounir Nakhla is targeting EGP 30 billion in debt financing as Egypt's fintech unicorn keeps expanding
MNT-Halan CEO Mounir Nakhla says the company will target EGP 30 billion in securitization and bond issuances by end of 2026.
Hisham Talaat Moustafa's TMG ranked Egypt's top listed real estate developer by Forbes
Talaat Moustafa Group has been ranked Egypt's top listed real estate developer for 2026 by Forbes Middle East, capping a record year.