Australian billionaire Paul Lederer in talks to sell dairy business to US giant
Paul Lederer, who made his fortune selling Primo Smallgoods to JBS, is in talks to sell Real Dairy Australia to US food group Schreiber Foods.
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Private jet billionaire Thomas Flohr says demand is surging despite Iran war
VistaJet founder Thomas Flohr says demand for private jets is surging, with Middle East hours up 68%, as he weighs a listing.
Moroccan tycoon Moncef Belkhayat builds $10.7 million logistics hub in Agadir
Moncef Belkhayat's La Voie Express Group will spend 100 million dirhams on a logistics hub near Agadir, its second site in the region.
Korean chip billionaire Chey Tae-won sells $700 million stake to fund divorce
SK Group chairman Chey Tae-won will sell 944 billion won of SK Inc. shares to pay a record divorce award to his ex-wife, Roh Soh-yeong.
Uganda's richest family, the Ruparelias, sue for $225 million over seized bank
Uganda's Ruparelia family goes to trial in London on Monday, seeking at least $225 million over the 2017 sale of their seized Crane Bank.
Africa's richest man Aliko Dangote eyes Egypt after talks with el-Sisi
Aliko Dangote met Egyptian President Abdel Fattah el-Sisi to discuss investing in Egypt's energy, fertilizer and cement sectors, and asked for state support.
Madagascar billionaire Hassanein Hiridjee expands Senegal data center to meet AI demand
Hassanein Hiridjee's Stellarix is adding data center capacity in Senegal as Axian pushes deeper into the digital infrastructure behind cloud and AI services.
Ugandan pharma tycoon Emmanuel Katongole quits tax board after six months
Emmanuel Katongole, co-founder of Ugandan HIV drug maker Quality Chemical Industries, has resigned as chairman of Uganda's tax authority board after six months.
Africa's richest man Aliko Dangote blames oil firms for Kenya refinery protests
Aliko Dangote says local fuel marketers and international oil companies are behind protests against his $16 billion refinery in Lamu, Kenya.
Moroccan King Mohammed VI's bank to take control of Société Générale Ghana
Attijariwafa Bank, in which King Mohammed VI's family holds the largest stake through Al Mada, will buy 55.22% of Société Générale Ghana.
How Nigerian businessman Chris Iyovwaye went from nurse to building a $20 million oil logistics firm
Chris Iyovwaye went from auxiliary nurse to founder of Wellmann Group, an oil services firm reporting over $20 million in yearly turnover.
Syrian businessman Albert Karaziwan's Semlex to stand trial over corrupt Congo passport deal
Albert Karaziwan's Semlex and 13 others will stand trial in Brussels over alleged bribery and money laundering linked to Congo's $185 passports.
How Indian tycoon Peeyush Garg built a $74 million-a-year FMCG empire in Nigeria
Peeyush Garg built Daraju from a Ladipo Street trading business into a maker of MYMY toothpaste with ₦111 billion in annual sales.
Ghanaian billionaire Ibrahim Mahama pledges 5,000 bags of cement to Hohoe flood victims
Ghanaian billionaire Ibrahim Mahama has promised 5,000 bags of cement to rebuild flood-hit homes in Hohoe, his brother, President John Mahama, said Friday.
Ugandan billionaire Sudhir Ruparelia seeks $225 million from Rabobank over Crane Bank fallout
Sudhir Ruparelia is seeking at least $225 million from dfcu Bank, a Rabobank unit and others in a London trial over Crane Bank's 2017 sale.
Larry Ellison relists Florida oceanfront estate for $165 million, more than double 2021 purchase price
Oracle billionaire Larry Ellison has relisted his oceanfront estate in North Palm Beach, Florida, for $165 million, more than double the $80 million he paid for the property in 2021. The new asking price comes as Ellison continues to expand his luxury real estate holdings across South Florida.