Naivas, majority-owned by Arnaud Lagesse’s IBL Group, opens its 112th branch in Nairobi
Naivas, backed by Arnaud Lagesse’s IBL Group, opens its 112th Nairobi store, expanding reach in fast-growing Mihango estate.
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Africa’s richest man Aliko Dangote plans US dollar payouts for Nigerian shareholders
Aliko Dangote plans US dollar payouts for Nigerian shareholders from his $20 billion refinery listing.
Ghanaian entrepreneur Beatrice Mensah-Tayui to pay $17 million for oil block in Guyana
Mensah-Tayui's Cybele Energy has clinched Guyana’s shallow-water Block S7, becoming the first African explorer to secure offshore acreage in the booming oil state.
Filipino billionaire Enrique Razon seals 25-year port deal in South Africa
Transnet’s 25-year Durban deal with ICTSI marks South Africa’s first big port concession, aimed at unclogging a vital, crisis-plagued trade gateway.
Inside Coco Gauff’s Endorsement Portfolio: Every Major Brand Backing Tennis’s Hottest Star
Coco Gauff’s Mercedes-Benz deal crowns a stacked sponsor roster spanning luxury, tech, fashion and aviation, confirming her status as Gen-Z’s defining sports mogul.
Duncan Wanblad-led Anglo American and Teck shareholders approve $50 billion merger
Anglo American and Teck shareholders approve $50 billion merger, creating world’s fifth-largest copper producer.
Nigerian banker Ladi Balogun leads FCMB to $570 million gross earnings in 9 months
FCMB posts $570 million in nine-month earnings under Ladi Balogun, driven by strong interest income and rising profit.
South African tycoon Stephen Saad loses $19 million from Aspen stake
Stephen Saad’s Aspen Pharmacare stake loses $19 million as shares fall, highlighting mounting pressure on Africa’s largest drugmaker.
Motsepe's African Rainbow Minerals reports R1.5 billion dividend from Assmang after stronger year
African Rainbow Minerals said it received a R1.5 billion dividend from Assmang, reflecting improved earnings and steadier commodity conditions through 2025.
Africa early-stage investor summit closes in Cape Town with calls for ownership, strategy and homegrown capital
Leaders at Africa’s top early-stage investor summit in Cape Town urged renewed ownership, stronger capital flows and deeper collaboration to build a resilient ecosystem.
Saliou Mboup's Carrefour Medical gets $21 million to scale Senegal’s healthcare manufacturing
Carrefour Medical secured $21 million from IFC to boost local production of medical supplies in Senegal, strengthening manufacturing capacity and healthcare access.
Kevin Hart’s tequila brand boosts small firms with fresh grant round
The initiative is part of a $1.5 million program supporting more than 150 entrepreneurs in the U.S. and Mexico.
Credit Bank, led by Kenya’s wealthy Nyachae family, seeks approval for $35 million raise
Credit Bank, backed by Kenya’s Nyachae family, seeks shareholder approval for a $35 million capital raise to support growth and meet regulatory demands.
Tope Lawani’s Helios sets $116 million deal for Frigoglass’ Nigeria operations
Tope Lawani’s Helios agrees to buy Frigoglass Nigeria for $116 million, covering Beta Glass and Frigoglass Industries.
Africa’s richest man, Aliko Dangote, rebounds to $30 billion fortune
Aliko Dangote rebounds to $30 billion, led by gains in Dangote Cement and major energy expansion projects.W
Sanlam, backed by billionaire Patrice Motsepe, unveils $234 million impact fund
Sanlam unveils a $234.8 million Property Impact Fund focused on social infrastructure, affordable housing and community development.