Vanity Fair revives scrutiny of billionaire Dan Gertler’s Congo mining deals as cobalt politics intensify
Vanity Fair’s new Dan Gertler feature revisits his Congo mining rise, sanctions history and role in the global scramble for cobalt.
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San Diego FC's billionaire owner Mohamed Mansour says club is focused on long term growth as Year 2 begins
Mohamed Mansour says San Diego FC is entering Year 2 with bigger expectations and a long term plan on and off the field.
Tycoon Tony Elumelu’s Heirs Energies sits on $186 million Seplat paper gain in under two months
Heirs Energies is up about $186.6 million on paper on its Seplat stake, bought in December as Nigerian independents expand.
Nigerian-American billionaire Adebayo Ogunlesi bids for Eni stake in Nigeria’s Renaissance JV
Bayo Ogunlesi is bidding for Eni’s 5% Renaissance JV stake, as Nigerian investors push deeper into assets left by foreign majors.
Belgian-Congolese billionaire George Forrest bets $2.8bn on Kinsuka dam to light up Kinshasa
Groupe Forrest and Great Lake Energy are advancing a 900 MW Kinsuka hydropower project designed to cut blackouts in Kinshasa and supply mines.
Kenyan tycoon Francis Njogu's Gulf Energy secures $15 million drilling rig
Gulf Energy chairman Francis Njogu has secured a $15 million oil rig as the company prepares to begin drilling in Turkana.
British billionaire Richard Branson unveils Virgin Active’s $6.2 million “social wellness” club in Cape Town
Richard Branson opened Virgin Active’s new Green Point flagship, a R100 million plus rebuild that blends training, recovery, health support and social space.
Masiyiwa’s Econet delisting gets broker backing as ZSE valuation dispute deepens
Broker FBC Securities backs Econet’s undervaluation claim as Strive Masiyiwa’s telecom group plans a delisting and a $0.50 per share exit.
Swiss-Indian billionaire heiress Vasundhara Oswal sues Ugandan police for $1m after 2024 detention
Vasundhara Oswal, an investor in Uganda’s ethanol industry, is suing senior police officers for $1 million after a 2024 arrest she calls unlawful.
Inside Patrick Mavros: The African luxury house forged in silver and story
Alexander Mavros explains how a Zimbabwe born atelier turned wildlife and craft into Africa’s most distinctive luxury house.
Kenyan businessman SK Macharia back in court as judge demands clarity on who owns insurer Directline
S K Macharia appeared in court as the Directline shareholding dispute intensified, with a judge urging regulators to clarify ownership.
Mark and Brett Levy's Blu Label reports first half loss after Cell C spin off
Mark Levy Blu Label reported a first half loss after spinning off Cell C, though core operations remained profitable.
Dangote calls for emergency power summit to save Nigeria’s $500bn economy
Africa's richest man, Aliko Dangote calls for urgent power sector reforms, saying stable electricity is key to Nigeria’s $500bn economy and industrial growth.
Billionaire Patrice Motsepe emerges in ANC succession talk after ARM shift and new polling
Patrice Motsepe’s move at ARM is feeding fresh ANC succession talk, with polling putting the billionaire ahead of party heavyweights.
Dangote Cement makes capital market history with first commercial paper listing on Nigerian Exchange
Dangote Cement has become the first company to list commercial papers on the Nigerian Exchange, marking a major milestone for Nigeria’s capital market and expanding funding opportunities for large corporates.
Dangote-backed IFC deal unlocks $20 million in loans for Ethiopian small businesses
Dangote plays a central role in a $10 million IFC initiative with Dashen Bank, designed to provide Ethiopian SMEs with access to $20 million in loans, fostering entrepreneurship and financial inclusion.