Aliko Dangote's cement company seals $1 billion Sinoma deal to expand across Africa
Dangote Cement signs a $1bn Sinoma deal to expand plants, boost capacity and strengthen its footprint across Africa.
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Nigeria’s Tompolo fights to keep $35 million pipeline security deal as Tinubu weighs changes
Tompolo is pushing to retain a pipeline security contract worth about N48 billion a year as rivals circle and the government reviews the deal.
Africa's richest man set to pocket $485 Million dividend from cement giant
Aliko Dangote is poised to collect about $485 million in dividends after Dangote Cement proposed a N45 per share payout for 2025.
Dangote Cement doubles pre-tax profit to N1.53 trillion
Dangote Cement doubles pre tax profit to N1.53 trillion
Madagascan billionaire Hassanein Hiridjee’s Axian gets license for fully digital lender in Comoros
Axian secured a central bank license to launch a fully digital lender in Comoros, offering nano loans and micro loans through mobile phones.
Abdul Samad Rabiu set to pocket N324 billion dividend as BUA Cement profit surges
Abdul Samad Rabiu will collect more than N324 billion in dividends as BUA Cement profit climbed nearly fivefold in 2025.
Tech billionaire Zak Calisto moves into insurance with planned stake in King Price
Competition regulators recommended approval of a deal tied to billionaire Zak Calisto to acquire a stake in King Price, the fast growing insurer.
BUA Cement triples 2025 profit to N356bn as Abdul Samad Rabiu’s giant lifts dividend and cuts leverage
BUA Cement’s 2025 profit surged to N356 billion as sales topped N1.17 trillion, prompting a higher dividend and reduced leverage.
Zim billionaire Strive Masiyiwa breaks 26 year silence as Econet Zimbabwe quits the stock market
Strive Masiyiwa addressed Econet shareholders for the first time in 26 years as investors approved delisting from Zimbabwe’s stock exchange.
Seplat, co-founded by Nigerian businessman Austin Avuru, reports $2.73 billion revenue surge
Seplat Energy posted a 144 percent revenue jump to 2.73bn dollars in 2025, boosted by offshore assets and stronger gas output.
Dahabshiil founder Abdirashid Duale pledges $150,000 as drought deepens in northern Somalia
Dahabshiil pledged $150,000 for drought relief in northern Somalia, with founder Abdirashid Duale urging faster action as shortages spread.
Ghanaian tycoon Joseph Siaw Agyepong drawn into scrutiny over $130 million Kenyan waste contract
A $130 million Mombasa waste deal tied to Jospong has triggered court petitions and political pressure, putting Joseph Siaw Agyepong in focus.
South African billionaire and CAF President Patrice Motsepe praises Infantino after 10 years as FIFA boss
CAF has praised Gianni Infantino as he marks 10 years leading FIFA, citing his leadership and impact on African and global football.
Tycoon Tony Elumelu leads Transcorp past N1 trillion assets in record 2025 results
Tony Elumelu Transcorp crossed N1 trillion in assets in 2025 as profit surged 44 percent and revenue climbed to N544 billion.
Billionaire Abdul Samad Rabiu's BUA Group takes Nigeria’s food manufacturing drive to Paris
BUA Group spotlights its food manufacturing capacity in Paris, pushing Nigeria’s ambition to shape global food systems and trade
Aliko Dangote swaps luxury lifestyle for bold Nigeria industrial push
Aliko Dangote gave up luxury cars and global homes to focus on building factories and transforming Nigeria’s industrial future