Moroccan billionaire Moulay Hafid Elalamy's Saham Bank posts $95 million profit
Saham Bank, owned by Moroccan billionaire Moulay Hafid Elalamy, lifted first half profit 15.5% to $95 million as lending, fees and revenue all grew.
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South African tycoon Ipeleng Mkhari's Motseng wins share of Gautrain deal
Ipeleng Mkhari's Motseng, through a joint venture with AIIM, is part of the consortium that will run South Africa's Gautrain from 2026 to 2041.
Cameroonian billionaire Baba Danpullo at war with Vietnam's Viettel over Nexttel
Viettel has asked Cameroon's president to block any new Nexttel investor without its consent, reviving its long fight with billionaire Baba Danpullo.
Canadian billionaire Galen Weston's family nears £7 billion deal to buy Boots
The billionaire Weston family's Canadian arm is in advanced talks to buy Boots from Sycamore Partners for about £7 billion, with a deal possible next week.
British billionaire David Sullivan sues BBC for £150 million
Billionaire David Sullivan has filed a £150 million High Court defamation claim against the BBC over a Panorama documentary alleging misconduct he denies.
Indian billionaire Sunil Mittal's Airtel Money prices London IPO at $7 billion
Billionaire Sunil Mittal's Airtel Money priced its London IPO at £1.96 a share, a $7 billion valuation below the $8 billion to $9 billion range reported in August.
Senegalese chicken billionaire Babacar Ngom to build $35 million poultry complex in Congo
Babacar Ngom's Sedima will invest 20.47 billion CFA francs, about $35 million, in an integrated poultry and grain complex in Congo's Pool department.
Billionaire Jim Ovia warns Nigeria against trading quality for more universities
Zenith Bank founder Jim Ovia says Nigeria's fast-growing number of universities, now about 312, must not come at the expense of quality.
Africa's richest man offers East Africa 30% of his $16 billion Kenya refinery
Kenya is weighing a 10% stake worth about $500 million in Dangote's Lamu refinery, part of a 30% share offered to East African governments.
Zimbabwe investigates helicopter crash that killed Wicknell Chivayo
Zimbabwe's aviation authority is investigating the helicopter crash that killed Wicknell Chivayo and his wife, saying fuel spilled on impact before a fire broke out.
Elon Musk mocks Delta's Wi-Fi after airline picks Amazon over Starlink
Elon Musk has escalated his feud with Delta, joking that its Wi-Fi could contain a rogue AI, after the airline picked Amazon's Leo over Starlink.
British billionaire Chris Rokos sells Florida mansion for $83 million
Chris Rokos has sold his 2.8-acre Manalapan estate for $83.2 million, more than double its 2017 price, after first asking $150 million for it.
Burkinabè billionaire Idrissa Nassa's Coris Bank donates $178,000 to children of fallen soldiers
Idrissa Nassa's Coris Bank International has given 100 million CFA francs to Burkina Faso's government to support children of soldiers and volunteers killed in action.
Byron Allen's BuzzFeed spending reaches $132 million
Byron Allen's family office has bought another 4.3 million BuzzFeed shares for $4.7 million, its fourth purchase since taking control of the company in May.
Egypt's fintech unicorn MNT-Halan to sell 20% stake in Cairo IPO
MNT-Halan, Egypt's first fintech unicorn, will sell 20% of its Egyptian business on the EGX in one of the country's largest IPOs in years.
Franco-Lebanese tycoon Hayssam El Jammal Prometal secures $45 million Afreximbank loan
Afreximbank has approved a €40 million revolving facility for Prometal, the Cameroonian steel group built by Franco-Lebanese industrialist Hayssam El Jammal.