Elon Musk's xAI is paying back $3 billion in bonds early
Elon Musk's xAI is moving to pay off $3 billion in junk bonds ahead of schedule, part of a sweeping financial reset tied to SpaceX's IPO push.
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Stephen Saad's Aspen Pharmacare is racing to get Generic Ozempic approved in Canada by September
Africa's largest drugmaker is gunning for a Canadian green light on its generic version of Ozempic's key ingredient before summer ends.
Oskar Lewnowski: The man betting $9 billion on Congo's cobalt to break China's grip on America's mineral future
Oskar Lewnowski built the world's dominant mining investment firm from a London hedge fund spinout. Now Washington is counting on him.
Energy tycoon Kola Karim says Iran conflict is a wake-up call and Nigeria must seize the global oil supply gap now
Shoreline Group's Kola Karim says Iran's conflict with the U.S. is the most dangerous supply shock in years and Nigeria must capitalize.
$9 billion U.S.-backed Congo cobalt deal stalls amid billionaire Dan Gertler sanctions concerns
A U.S.-backed consortium's $9 billion bid for Congo's cobalt and copper mines is stuck over one unresolved sanctions question in Washington.
Ghanaian tycoon Ibrahim Mahama's Engineers and Planners lands $205 million loan for Gold Fields
Stanbic Bank and Standard Bank have arranged a $205 million loan for Ibrahim Mahama's Engineers and Planners to expand its Gold Fields contract.
Ibrahim Mahama, brother of Ghana's president, takes delivery of $70 million Bombardier Global 6500 private jet
Ibrahim Mahama, brother of Ghana's president, has taken delivery of a $70 million Bombardier Global 6500 private jet branded Dzata.
Nigerian government awarded a $15.7 million contract to controversial businessman Nasiru Danu, a man once arrested at Heathrow with a fake passport
Nigeria's aviation minister awarded a N21.68 billion contract to a firm whose initials point directly to a businessman with a fraud-laden past.
Thailand hunts South African businessman Benjamin Mauerberger over $30 million fraud
Thailand issued arrest warrants for South African Benjamin Mauerberger and his wife over a $30 million investment fraud that stretches to Cambodia.
Tunisia sentences richest tycoon Marouan Mabrouk to 20 years in corruption case
Tunisia sentenced its richest businessman to 20 years and a former prime minister to six in sweeping corruption verdicts Tuesday.
South Africa's Supreme Court sides with SARS in foreign money case, warns taxpayers who hide offshore income
South Africa's highest court has backed SARS against a taxpayer who kept changing his story about a British Virgin Islands deposit.
Michael Jordan, Kobe Bryant's $20 million Logoman card makes its red carpet debut at the Actor Awards
Kevin O'Leary showed up to the 2026 Actor Awards wearing $20 million worth of Michael Jordan and Kobe Bryant history around his neck.
United Capital, led by Peter Ashade, grows revenue 35% to $43.1 million
Under Peter Ashade, United Capital grew revenue 35% to $43.1 million in 2025. Net trading income surged 176%, and shareholders received $13.2 million in dividends.
Nedbank, led by Jason Quinn, hits 8 million clients for the first time in its 138-year history
South Africa's fourth-largest bank crossed the 8-million client mark for the first time in its 138-year history, posting R17.2 billion in earnings.
Aliko Dangote's refinery picks three banks for what could be Africa's biggest-ever stock market listing
Dangote Group appoints Stanbic IBTC, Vetiva and First Capital to lead a refinery listing that could be the largest equity offering in African market history
Elon Musk threatens to freeze Tesla's Berlin factory expansion as union showdown reaches boiling point
Elon Musk is threatening to halt expansion of Tesla's German factory as a century-old union battles for control of the workplace