Nigerian billionaire Aliko Dangote plans Africa fuel network in $50 billion expansion
Aliko Dangote says his group is building pipelines and depots across East, Central and Southern Africa as part of a $50 billion investment plan.
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Indian billionaire Anil Agarwal’s Hindustan Zinc posts record $675 million quarterly profit
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Nigerian mining tycoon Innocent Ezuma arrested over alleged $120 million fraud
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Egyptian billionaire Hisham Talaat Moustafa's TMG signs $202 billion government deal
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Somali tycoon Abdirashid Duale's Dahabshiil to sell Chinese carmaker Chery's cars in Somalia
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Nigerian billionaire Wale Babalakin settles 20-year fight over his Lagos airport terminal
Nigerian lawyer and businessman Wale Babalakin has signed a settlement with the government, ending a two-decade dispute over the Lagos domestic terminal his company built.
American billionaire Larry Ellison pledges Tesla, SpaceX stock for son's $110bn Warner deal
Oracle co-founder Larry Ellison put up Tesla, SpaceX and Skydance shares as loan collateral this year to help bankroll his son David's Warner Bros. takeover.
American billionaire rapper Jay-Z reportedly picks himself for 2027 Super Bowl halftime show
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Africa's richest man acquires 25% of Kenya Pipeline Company for $327 million
Aliko Dangote's group has bought almost 25% of Kenya Pipeline Company for $327 million, giving Africa's richest man a role in East Africa's fuel network.
South African billionaire Zak Calisto’s fortune quintuples to $1.1 billion in eight years
South African billionaire Zak Calisto’s Karooooo stake is now worth about $1.1 billion, more than five times its 2018 value, as Cartrack keeps growing.
Cloudflare billionaire Matthew Prince accused of meddling in Vail board fight
Vail Resorts says Cloudflare co-founder Matthew Prince introduced two of hedge fund Oasis's board nominees. Prince, who wants Park City Mountain, denies steering the bid.
Indonesia’s richest billionaires lose $5.9 billion as MSCI warning triggers record two-day stock rout
Robert Budi Hartono, Prajogo Pangestu and Low Tuck Kwong lost a combined $5.9 billion after MSCI’s downgrade warning triggered a record two-day Indonesian stock rout.
Indian billionaire Mukesh Ambani’s $3.2 billion Jio IPO fully subscribed within two hours of opening
Mukesh Ambani’s Jio Platforms drew enough bids to cover its $3.2 billion IPO within two hours of opening, in India’s largest share sale on record.
Zimbabwean billionaire Strive Masiyiwa’s Cassava joins Nvidia in World Bank push to bring AI computing to Africa
Strive Masiyiwa’s Cassava has joined Nvidia as a partner in a new World Bank program to give developing nations shared access to AI computing power.