Aliko Dangote's refinery gears up to supply 310 million liters of petrol
Dangote refinery prepares 310 million liters of petrol for loading amid soaring fuel prices in Nigeria.
Latest
Michael Georgiou exits Accelerate Property Fund after shareholder opposition
Accelerate Property Fund has cut ties with founder Michael Georgiou after 97% of shareholders rejected his return to the board at its annual meeting.
Nigerian cocoa magnate John Alamu taps capital markets to raise $67.5 million for Johnvents expansion
John Alamu is turning to Nigeria’s capital markets to fund the next phase of Johnvents Industries’ cocoa processing and export expansion.
South African mogul Terrence Moolman gains $29 million from Caxton shares
South African media mogul Terrence Moolman gains $29 million as Caxton & CTP shares rise on the Johannesburg Stock Exchange, reflecting renewed investor confidence.
Desterio Oyatsi, the Kenyan lawyer with a $14 million stake in NCBA Group
Kenyan lawyer Desterio Oyatsi’s $14 million NCBA stake highlights his decades of influence in law and business.
Zimbabwean billionaire Strive Masiyiwa’s net worth falls $100 million to $1.2 billion
Zimbabwe’s richest man, Strive Masiyiwa’s fortune drops by $100 million as market slide trims his net worth to $1.2 billion.
Energy investor Kevin Okyere warns Ghana must act as 12 % face food insecurity
As Ghana confronts rising hunger, energy entrepreneur Kevin Okyere urges the private and public sectors to unite in tackling food insecurity, while his foundation supports hundreds of families and spearheads skills-training initiatives.
Madagascar business magnate Mamy Ravamatoga faces arrest as coup shakes elite circle
Mamy Ravatomanga, the power broker behind Madagascar’s ousted president, is facing arrest warrants, financial freezes and investigations in the wake of a military takeover that has upended the country’s elite networks.
Oando, led by oil mogul Wale Tinubu, faces creditor pressure over unpaid debt
Oando, led by Wale Tinubu, faces pressure as Irad Investment demands payment of long-overdue debts for completed energy projects.
Malagasy tycoon Hassanein Hiridjee’s AXIAN acquires solar plant in Zambia
AXIAN Energy, led by Malagasy tycoon Hassanein Hiridjee, acquires Zambia’s Bangweulu Solar Plant to boost clean energy and expand access.
Nigerian tycoon Kessington Adebutu commits $2.7 million to development projects
Nigerian gambling magnate Kessington Adebutu marked his 90th birthday by donating $2.7 million to fund education, health, and infrastructure in Remoland.
Gbenga Oyebode, the business lawyer leading Nigeria’s $660 million palm oil giant
Gbenga Oyebode, co-founder of Aluko & Oyebode, leads Okomu Oil, a $660 million Nigerian palm oil powerhouse.
Ghanaian tycoon Ibrahim Mahama completes $100 Million Azumah Gold acquisition
Ghanaian businessman Ibrahim Mahama cements his position in the mining sector with a $100 million takeover of Azumah Resources
South African billionaire Mark Shuttleworth donates $1 Million to save the world’s largest flying bird
The Ubuntu founder’s donation gives new momentum to a global conservation effort to protect the wandering albatross.
South African tycoon Stephen Brookes’ Balwin stake climbs $10.4 million
Balwin Properties’ CEO Stephen Brookes sees his stake rise by $10.4 million after a strong rally lifts the firm’s market cap to $82 million.
Egyptian tycoon Hassan Allam’s group wins $550 million New Cairo project
Hassan Allam Construction wins $550 million New Cairo project, boosting Egypt’s sustainable urban growth and luxury real estate.