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Patrice Motsepe's African Rainbow Minerals is spending about $925 million to reopen a platinum mine it shut two years ago — a bet that the whole sector's retreat went too far. Inside a contrarian wager, and why the timing, not the thesis, is what's on trial.
Angola raised $321 million floating 15% of Unitel — the mobile operator it took from Isabel dos Santos four years ago. The largest IPO in the nation's history is really a test of a much bigger question.
Ghalib Said Mohamed's GSM Group has allocated TSh15 billion, about $5.7 million, purely for player recruitment at Tanzanian champions Young Africans.
Nigerian billionaire Abdul Samad Rabiu is privately funding 120 homes for junior Nigerian Army personnel, a ₦2 billion project now 85 percent complete.
Nassef Sawiris has bought 3 million more OCI shares for about €12.2 million, lifting his combined holding to 57.1% of the Dutch-listed company.
Coris Bank International, founded by Burkinabè businessman Idrissa Nassa, plans to open in the Central African Republic as it pushes into Central Africa.
efalana posted record revenue of P12.1 billion but its first profit fall since 2017, cutting the total dividend to 20 thebe from 50 thebe.
Youths from Warri have accused Government Ekpemupolo of abduction on video, as his pipeline security firm's federal contract passes $200 million since 2022.
Egypt's cabinet has approved the country's first private investment zone with its own customs system for Hisham Talaat Moustafa's LE1.4 trillion Spine project.
Flutterwave is acquiring an undisclosed bank in East Africa as Olugbenga Agboola builds a banking arm around the company's payments business.
Karooooo founder Zak Calisto sold 98,476 shares worth $6.3 million across four consecutive trading days, with the stock close to its 52-week high.
ESSENCE Ventures has bought a minority stake in REVOLT's parent company, giving founder Richelieu Dennis a board seat two years after Diddy exited.
Johnny Copelyn will retire as HCI chief executive during FY2028 after 29 years, holding a stake in the company worth about R1.41 billion.
Dangote Sugar Refinery posted a ₦41.51 billion half-year profit against a ₦24.27 billion loss a year earlier, as gross margin doubled to 24%.
Kessington Adebutu's Wema Bank stake is worth $291.27 million and his Vitafoam holding $21.08 million, built entirely on lottery money.
Samuel Bolarinde's 12.03% stake in Vitafoam Nigeria is worth ₦35.16 billion, or $25.3 million, after a 747% share price surge since 2025.