Nigerian billionaire Abdul Samad Rabiu is now Africa's 3rd richest man
Abdul Samad Rabiu is now Africa's third richest person. His $11.2 billion fortune surged 120% in a year, powered by BUA Cement's blistering stock rally.
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South African billionaire Michiel Le Roux's Capitec launches Smart ID services at seven branches
Capitec has launched Smart ID services at seven branches, letting clients apply in under five minutes with no booking required and no Home Affairs official needed.
Forbes releases its 2026 list of Africa's authentic billionaires as collective wealth hits $126.7 billion
Forbes has released its 2026 Africa billionaires list. The continent's 23 members of the three-comma club added $20.3 billion collectively in a year.
Patrice Motsepe’s African Rainbow Minerals expands mining empire with manganese export terminal at Ngqura Port
Patrice Motsepe's African Rainbow Minerals is joining a consortium to build a new manganese export terminal at Ngqura Port in the Eastern Cape.
Aliko Dangote's refinery shields Nigeria from global oil shock but Nigerians still feel the pinch
Aliko Dangote's 650,000-barrel refinery absorbed over half of a global crude price surge, shielding Nigeria from the full force of the oil shock.
Fidelis Ayebae's Fidson and NREIT listings push NGX weekly turnover to $127.9 million
Two fresh listings by Fidson Healthcare and Chapel Hill Denham's NREIT injected momentum into a Nigerian Exchange market showing early signs of recovery.
Hassan Allam's Egyptian construction giant powers up one of the world's largest solar parks with Chinese tech deal
Hassan Allam Holding has partnered with Sineng Electric to supply 249MW of central inverters to Egypt's 1.65GW Benban Solar Park in Aswan.
South African billionaire, Johann Rupert's Richemont sells Baume & Mercier to Damiani after 37 Years
Richemont is offloading Baume & Mercier to Italy's Damiani Group, a deal that lays bare the growing pressures on mid-tier Swiss watchmaking.
Aliko Dangote and the War Premium — How the Hormuz Crisis Is Stress-Testing Africa’s Richest Man
Brent past $109, margins collapsing, a third price hike looming, and an IPO that could redefine African capital markets — inside the forces reshaping Dangote’s $32.5 billion empire in real time.
Investor Memo: Hormuz Fallout & African Energy
The Strait of Hormuz is closed, Brent is above $85, and Africa's energy map is splitting into winners and losers — we break down who gains, who bleeds, and what Dangote's stress test reveals.
Madagascar's most powerful businessman is now in a Mauritius jail facing a third international arrest warrant
Madagascar's anti-corruption court has issued a third international arrest warrant against tycoon Mamy Ravatomanga, adding a mining scandal to his growing legal troubles.
Nigerian President Tinubu just sent Jimoh Ibrahim to the United Nations, a man who ran every business he touched into the ground
Tinubu has made Jimoh Ibrahim Nigeria's man at the United Nations. His business record tells a different story about who he is.
Meet Esther Muchemi, M-Pesa's first agent who became a multimillionaire
When M-Pesa launched on March 6, 2007, Esther Muchemi held agent number 0001. She had no idea what was coming.
Aliko Dangote pledges $5 million at Dubai hunger auction that raised $24.9 million in one night
Africa's richest man pledged $5 million at a Dubai charity auction raising Dh91.4 million to rescue five million children from hunger.
BEE created Black billionaires in South Africa, but it did not create black prosperity
South Africa's BEE policy created black billionaires like Patrice Motsepe and Cyril Ramaphosa, but left tens of millions behind.
Meet Phillip Ihenacho, the Nigerian businessman who built "Africa's most beautiful house"
Nigerian businessman Phillip Ihenacho spent a decade building Arijiju on Kenya's Borana Conservancy. Conde Nast called it the most beautiful house in Africa.