AJ Property, led by Bernadette Mzobe, prepares to open new KwaZulu-Natal mall
AJ Property, led by Bernadette Mzobe, is set to open Kingsburgh Junction mall, boosting retail and jobs in KwaZulu-Natal.
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Billionaire Mohamed Mansour's Al Mansour rolls out Chevrolet EVs in Egypt
Egypt’s Al-Mansour Automotive, led by billionaire Mohamed Mansour, launches Chevrolet’s Captiva EV and Spark EUV in partnership with GM.
Five years on, Elumelu's Heirs Energies reshapes Nigeria’s OML 17 with production gains and discipline
Five years after assuming control of OML 17, Heirs Energies points to production growth, safety milestones and financial discipline as proof of its operating model.
Geregu Power, under Abdul-Aziz Abubakar Yari, set for $351 million FG debt repayment
Abdul-Aziz Abubakar Yari takes control of Geregu Power as the firm prepares to benefit from a $351 million Federal Government debt repayment.
Burkina Faso’s richest man tasked with Gabon helicopter procurement
Mahamadou Bonkoungou to source helicopters for Gabon while expanding EBOMAF’s $3 billion infrastructure projects.
Nigerian billionaire Abdul Samad Rabiu gives Super Eagles $500,000 despite loss to Morocco
Rabiu said he would honor the $500,000 pledge, framing the payment as a gesture of appreciation for the players’ performance and the lift they gave to national morale.
Nigerian billionaires Bayo Ogunlesi, TY Danjuma and Hakeem Belo-Osagie lose out on TotalEnergies’ 10% Nigeria stake
Well-funded bids by Nigeria’s richest investors fell apart as VAARIS Resources quietly secured TotalEnergies’ stake in a major oil joint venture.
South African multimillionaire Saltzmans gain $20 million in Dis-Chem
South African multimillionaire Saltzman family has gained $20 million as their Dis-Chem stake climbs to $588 million.
Mauritius-based businessman Antoine Delaporte's Adenia Partners set to receive up to $30 million from IFC
Adenia Partners will receive up to $30 million from IFC to back growth-stage African businesses across key sectors.
Billionaire Jannie Mouton’s Curro takeover raises tax questions for investors in Capitec and PSG share swap
Jannie Mouton’s Curro deal swaps investors into Capitec and PSG shares, triggering fresh questions about tax dates, valuations and record keeping.
After committing $2.5m to Dynamos FC, Tagwirei donates $100k to former players, coaches
Zimbabwean businessman Kudakwashe Tagwirei adds a $100,000 donation for former players after committing $2.5 million to Dynamos FC.
Second African billionaire to hit $20 billion? SA tycoon nears milestone
South African billionaire Johann Rupert nears $20 billion fortune as Richemont shares rise, closing in on a historic African wealth milestone.
I&M, founded by Suresh Bhagwanji Shah, raises Tanzania stake to 95 percent
I&M Holdings, founded by Suresh Bhagwanji Shah, lifts its Tanzania unit stake to 95 percent as it deepens regional expansion.
Patrice Motsepe seeks South African hearing in $195 million mining dispute
South African billionaire Patrice Motsepe and linked companies turn to South African courts as Tanzanian case over $195 million NDA breach nears trial.
Egyptian businessman Hani Berzi gains $4.8 million from Edita Food shares
Hani Berzi gains $4.7 million from his Edita Food stake as shares rise on strong earnings and renewed investor interest in Egypt.
Toby Selman’s Africa Logistics Properties cleared to list dollar-denominated REIT in Nairobi
Africa Logistics Properties secures approval to list East Africa’s first U.S. dollar industrial REIT on the Nairobi Securities Exchange.