The Inside Story: The Iron Lady’s Hardest Season
Cameroon’s richest woman built her country’s cocoa trade around a single partner. When Cargill walked away, Kate Fotso faced the worst season in three decades — and began to reinvent herself.
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Deep-Dive Report: Cletus Ibeto — Built from the Wreckage
He turned a few pounds — from a sold suit and a parcel of salvaged tablets — into one of Nigeria’s largest private industrial groups.
Wealth Intelligence: Nassef Sawiris — The Third Empire
This week, Nassef Sawiris moved to take his flagship, OCI Global, private — a fitting bookend to one chapter and the opening of another.
African Wealth Briefing — Tues., June 30, 2026
South Africa has a new dollar billionaire in Dis-Chem founder Ivan Saltzman. Papa Kwesi Nduom bids for Standard Chartered's Ghana retail arm.
Cameroon's richest man Baba Ahmadou Danpullo bets $850 million on new airline
Cameroonian billionaire Baba Ahmadou Danpullo is investing 500 billion FCFA, nearly his entire fortune, to launch a private airline and build two new airports in Cameroon.
Africa's richest man unveils plans for a 2,000-megawatt power plant, fertiliser complex and a new port in Tanzania
Aliko Dangote has unveiled plans for a 2,000-megawatt coal power plant, a urea fertiliser complex and new port infrastructure in Tanzania after meeting President Samia Suluhu.
Elon Musk is a trillionaire again after SpaceX and Tesla shares added $62 billion to his fortune in a single day
Elon Musk has reclaimed trillionaire status after SpaceX and Tesla shares surged on Monday, adding $62 billion to his fortune in a single trading session.
Billionaire Ahmed El Sewedy's Elsewedy Electric launches a new generator range to power Egypt's industrial expansion
Ahmed El Sewedy's Elsewedy Electric has launched a new generator range spanning 9 to 2,750 kVA, expanding its power generation portfolio for Egypt's industrial and infrastructure sectors.
South Africa has a new dollar billionaire and it is Dis-Chem founder Ivan Saltzman
The Saltzman family has been ranked by the Bloomberg Billionaires Index for the first time with a $1.3 billion fortune built from a single Johannesburg pharmacy.
South African billionaire Christo Wiese's Invicta lifts revenue with offshore expansion
Christo Wiese's Invicta Holdings has posted steady revenue growth for the year to March 2026, driven by offshore dealmaking including a R250 million UK agricultural acquisition.
Egyptian billionaire Naguib Sawiris raises Giza pyramid investment to $40.6 million
Naguib Sawiris' Orascom Pyramids is raising its Giza plateau investment to $40.6 million by 2027, deepening the Egyptian billionaire's decade-long bet on Egypt's tourism transformation.
Uganda military shuts Tanzanian billionaire Rostam Aziz's Nation Media Group outlets
Uganda's military chief General Muhoozi Kainerugaba has shut down Nation Media Group's Ugandan operations just four months after Tanzanian billionaire Rostam Aziz acquired a controlling stake.
Billionaire Tiger Woods is building a second championship golf course in Virginia
Tiger Woods' TGR Design has been tapped to build a second championship golf course at Tributer Resort in Virginia as his off-course business empire continues to expand.
Sam Jonah engineered Africa's $1.48 billion gold merger then rejected the billionaire label
The Ghanaian mining titan turned a single Obuasi pit into a global gold giant, then spent his later years questioning who really owns Africa.
Moussa Koanda built Burkina Faso's first solar panel factory and a $111 million cement empire
Moussa Koanda moved from consumer goods trading and petroleum distribution to build Burkina Faso's first solar panel factory, a $111 million cement plant and one of West Africa's most quietly formidable industrial empires.
Bhimji Depar Shah turned a Kenyan petrol station into a $700 million Bidco empire
Bhimji Depar Shah started with a petrol station in Nyeri and built Bidco Africa into a $700 million consumer-goods empire across 13 African countries.