Nigerian billionaire Abdul Samad Rabiu, Dangote, and MTN lead big wins at NGX Made of Africa Awards
BUA founder Abdul Samad Rabiu joined Dangote and MTN as industry giants claimed top honours at the NGX Made of Africa Awards in Lagos.
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Why Algeria's richest man Issad Rebrab let Brandt collapse as French appliance icon heads to liquidation
Issad Rebrab’s Cevital chose not to fund a Brandt rescue, and a French court liquidation ended hundreds of appliance jobs.
Essence owner Richelieu Dennis blames sponsorship slump as unpaid bills cloud 2026 festival funding
Essence Festival’s unpaid 2025 bills have lawmakers asking questions as owner Richelieu Dennis says a sponsorship slump squeezed last year’s budget.
Tanzanian multimillionaire Ghalib Said Mohamed to build CAF level stadium in Dar es Salaam
Young Africans says GSM Group president Ghalib Said Mohamed has won the bid to build a CAF standard stadium to end years of renting.
Narendra Raval's Devki Steel seeks $12 million VAT settlement with KRA
Narendra Raval Devki Steel has opened negotiations with Kenya Revenue Authority in a Sh1.6 billion VAT dispute over factory equipment imports
Dangote signs $400 million deal with XCMG China to speed refinery expansion to 1.4 million barrels a day
Dangote Group signed a $400 million equipment agreement with China’s XCMG, aiming to speed refinery expansion and scale petrochemicals and fertilizer output.
Nigerian billionaire Abdul Samad Rabiu climbs to fourth richest in Africa as fortune hits $11.3 billion
Abdul Samad Rabiu has climbed to fourth place among Africa’s richest individuals after his wealth surged to $11.3 billion
Billionaire Abdul Samad Rabiu's BUA Signs Major UAE Port Deal to Boost Sugar and Trade Links
BUA Group signs MoU with AD Ports Group and MAIR Group to develop sugar refining and logistics hub in UAE
Patrice Motsepe steps back from executive chair role at ARM as JSE rules tighten
ARM founder Patrice Motsepe has given up executive duties and will serve as non executive chair as the miner reshapes leadership.
Aliko Dangote's refinery now supplies 62 percent of Nigeria's petrol demand
Aliko Dangote refinery supplied 62 percent of Nigeria petrol demand in January 2026, overtaking imports in a major energy milestone.
Billionaire Patrice Motsepe-linked Sanlam acquires majority stake in Medhold
Patrice Motsepe Sanlam Private Equity has taken majority control of Medhold, signaling renewed investment in Southern Africa healthcare sector.
Kanye West confirms first India concert in New Delhi
Kanye West is set to perform in India for the first time, marking a major moment for the country’s booming live music scene.
Kofi Nsiah Poku declares AGI’s full support behind 24 Hour Economy law
Kofi Nsiah Poku says Ghana’s 24 Hour Economy will succeed only if industry leads with strong infrastructure and financing support
Flutterwave CEO Olugbenga Agboola joins $22 million Terra round as Nigeria defense tech targets Sahel markets
Flutterwave CEO Olugbenga Agboola joined a $22 million round for Terra Industries, a Nigerian defense tech startup expanding into high risk Sahel markets.
From NBA icon to NASCAR winner: Michael Jordan’s team wins Daytona 500
Michael Jordan’s 23XI Racing captures the Daytona 500 as Tyler Reddick secures victory in NASCAR’s biggest race
Swiss private bank Pictet opens South Africa office as Africa’s millionaire ranks swell
Swiss private bank Pictet is opening in South Africa after regulatory approval, betting Africa’s wealthy class will drive more cross border investment.