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Ibrahim Mahama's Damang Gold Mine has begun deploying a $250 million fleet of 52 heavy-duty machines, the largest capital injection by a wholly Ghanaian-owned large-scale miner in recent memory, six weeks after taking over the mine from Gold Fields.
Rihanna's 50/50 joint venture with LVMH turned Fenty Beauty into a billion-dollar asset. Her entire 20-year music career, by comparison, generated an estimated $100-200 million in total earnings.
David Steward II paid $17 million for a horse farm in Wellington's Grand Prix Farms, one of Florida's most exclusive equestrian communities.
Stephen Saad gains $33.5 million in a single session as Aspen completes its R27 billion APAC sale. Michiel Le Roux's R58 million DA gift becomes the largest individual political donation in South African history.
Kasapreko PLC has closed its GH¢700 million IPO on the Ghana Stock Exchange, with investors now waiting on allotment results ahead of a June 17 listing.
Moise Katumbi built the DRC's biggest private fortune from fish and copper before spending a decade trying to take the country's highest office.
Byron Allen has seized Stephen Colbert's CBS late-night slot and acquired BuzzFeed in a bold media expansion that caps decades of building Black-owned broadcast infrastructure.
Jim Ovia's Zenith Bank stake has more than doubled in naira terms in 2026 and is now worth $643 million after the naira's strengthening added a dollar bonus.
Italian authorities have blocked Kanye West from performing in Reggio Emilia, citing public order concerns, as his troubled European comeback tour loses another date.
A company linked to billionaire Robert F. Smith and his wife Hope has sold a renovated Palm Beach estate for $29.25 million, recording a tidy profit.
South African billionaire and Sygnia CEO Magda Wierzycka has warned that the UK is losing its appeal as a destination for serious global investors.
Michael Jordan is set to pocket millions after PSG's Champions League final win over Arsenal triggered an immediate surge in jersey and merchandise sales.
MacKenzie Scott's cumulative giving to Africa has surpassed $1.5 billion, with new grants in 2024 and 2025 scaling up her commitment to the continent.
Egypt's Talaat Moustafa Group has secured a formal Iraqi investment licence to develop an $18.8 billion integrated city in southwest Baghdad.
Elon Musk is weighing a potential merger of SpaceX and Tesla that would create the world's largest-ever company deal at $3.4 trillion.
Egypt's Juhayna Food Industries more than doubled its first-quarter net profit in 2026 as revenue climbed sharply across dairy and juice segments.