Zimbabwean tycoon Wicknell Chivayo remains under investigation in South Africa after $3.2 billion dossier
Investigations involving Zimbabwean businessman Wicknell Chivayo continue, despite claims the case has been dropped.
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South African billionaire Patrice Motsepe nears $4 billion as 2026 brings fresh gains
South African billionaire Patrice Motsepe nears $4 billion with gains from ARM, Harmony Gold, and Tyme Group.
Nestoil, Neconde and Ernest Azudialu’s appeals suffer defeat as the Supreme Court orders them back to the Court of Appeal
The Supreme Court halted multiple appeals, directing parties back to the Court of Appeal and warning lawyers that debt recovery disputes should focus on repayment, not delays.
Nigerian banker Jim Ovia reflects on a $5 million decision that became $3.3 billion
Nigerian banker Jim Ovia reflects on turning a $5 million bet in 1990 into a bank with more than $3.3 billion in shareholders’ funds.
Starlink blocked in South Africa; Elon Musk claims race-based decision
Elon Musk says South Africa’s race-based telecom rules block Starlink, despite $121.8 million investment and plans for rural schools.
Nigerian tech entrepreneurs secure $11.75 million for defense startup Terra
Nigerian tech entrepreneurs Nathan Nwachuku and Maxwell Maduka raise $11.75 million to scale Terra Industries’ autonomous defense systems across Africa.
Egyptian entrepreneur Omar Khairy unveils RIGA Holding’s 2026 projects in Sao Tome, Senegal, Mozambique and others
Egyptian entrepreneur Omar Khairy unveils RIGA Holding’s 2026 projects in Sao Tome, Senegal, Mozambique, and across sub-Saharan Africa.
Nigerian executive Michael Nzewi’s CardinalStone trading arm hits $1.4 billion
Michael Nzewi’s CardinalStone trading arm hits $1.4 billion in 2025, leading Nigeria’s stockbrokers by transaction value.
Egyptian billionaire El-Sewedy family’s company wins $60 million Kuwait contract
Egyptian billionaire El-Sewedy family’s Elsewedy Electric wins $60 million Kuwait contract to expand MENA infrastructure projects.
Moroccan real estate tycoon Alami Lazraq gains $43 million from ADI stake
Alami Lazraq gains $43 million in the first 9 days of 2026 as shares of ADI surge on the Casablanca Bourse.
Kudakwashe Tagwirei pours $2.5 million into Zimbabwe’s most successful football club
Zimbabwean billionaire Kudakwashe Tagwirei invests $2.5 million in Dynamos FC, supporting player salaries, operations, and CAF Cup ambitions.
Abdul Samad Rabiu set to become third Nigerian to hit $10 billion after Adenuga, Dangote
Abdul Samad Rabiu nears $10 billion, set to become the third Nigerian to hit the milestone, after Adenuga and Dangote in 2016.
Africa’s richest man Aliko Dangote refinery's denies petrol supply disruption
Aliko Dangote’s refinery dismisses supply claims, boosts petrol output, and ensures steady access for all marketers.
Nigerian billionaire Abdul Samad Rabiu offers cash bonuses to Super Eagles after Algeria win
Rabiu promised $500,000 for a semifinal win and $1 million for the title, adding extra payments for every goal scored.
South Africa needs more black billionaires, ANC's Fikile Mbalula says
Fikile Mbalula says empowerment policy must deliver more Black billionaires, defending BEE as the DA pushes an alternative bill.
South African tycoon John Copelyn’s HCI to sell Hermanus mall stake for $36 million in latest property exit
Hosken Consolidated Investments will sell its 65% stake in Whale Coast Village Mall, a move CEO Johnny Copelyn says frees capital for growth.