Swiss billionaire Thomas Flohr's VistaJet explores IPO
Thomas Flohr's VistaJet is working with bankers on a potential IPO this year, sending bond prices higher after remarks made to lenders on an earnings call.
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Fidelity Bank clears N500 billion threshold as Nneka Onyeali-Ikpe steers recapitalization finish
Fidelity Bank has crossed the CBN's N500 billion capital threshold after raising N259 billion in a single-day private placement, putting its eligible capital at N564.5 billion.
President Mahama faces growing pressure to protect Ghanaian tycoon Daniel McKorley after state seizes McDan terminal
Zongo youth, Ga priests and community groups petitioned President Mahama to protect McKorley's McDan empire after the state seized his Kotoka terminal.
Martin Nesbitt: 7 companies that built a private equity name
From airport parking to a $10 billion private equity firm, Martin Nesbitt's career spans seven companies that redefined impact investing in America.
African Wealth Briefing — Tues., April 14, 2026
Dangote formally appoints Stanbic IBTC, Vetiva and FirstCap for his pan-African refinery IPO, Lafarge Africa votes to rebrand as HBM Nigeria after a Chinese takeover, Otedola wins Axiom Gold for his memoir, and McKinsey puts Africa's banking market at $107 billion.
Strive Masiyiwa unveils $1 billion Econet Tech City to drive Zimbabwe industrialization
Strive Masiyiwa has unveiled plans for Econet Tech City, a $1 billion industrial hub on an 800-acre site near Harare's main airport. Body
Elon Musk alleges bribery in South Africa as Starlink fight over telecom rules intensifies
Elon Musk has alleged bribery and race-based discrimination in South Africa's telecom rules, saying Starlink has been unable to secure a license to operate.
Othman Benjelloun's $500m Mohammed VI Tower opens in Rabat as Morocco's tallest building
Othman Benjelloun's O Capital Group has delivered Morocco's tallest building, a 250-meter skyscraper in Rabat inaugurated by the Crown Prince.
Lo Toney: 7 companies that define his venture capital legacy
From Nike's digital halls to his own Plexo Capital, Lo Toney's career spans seven companies that define modern venture capital investing
Nigerian billionaire Femi Otedola's memoir 'Making It Big' wins Business Book Gold at the 2026 Axiom Awards
Femi Otedola announced on X that his memoir Making It Big: Lessons from a Life in Business has won the Business Book Gold medal at the 2026 Axiom Business
Ghanaian tycoon Joseph Siaw Agyepong's Zoomlion seals waste management deal with Zimbabwe's Geo Pomona
Zoomlion Ghana and Zimbabwe's Geo Pomona have signed a memorandum of understanding to share waste management technology and improve sanitation across Zimbabwe.
McKinsey report: Africa's banking market hits $107 billion but growth remains uneven
McKinsey says Africa's banking revenues crossed $100 billion for the first time in 2025, with most gains concentrated in five markets.
Aliko Dangote lines up advisers for pan-African IPO of his $20 billion refinery
Aliko Dangote has appointed three financial advisers for a pan-African IPO of Dangote Petroleum Refinery, targeting listings across multiple African exchanges.
Lafarge Africa chairman Gbenga Oyebode to lead vote on rebranding company as HBM Nigeria after $1 billion Chinese takeover
Lafarge Africa is asking shareholders to approve a name change to HBM Nigeria Plc, ending one of Nigeria's most recognizable cement brand names.
MTN Uganda shareholders back Charles Mbire for another term with a 99 percent vote
MTN Uganda shareholders gave Charles Mbire a 99 percent vote to continue as board chairman, while the company's share price surged to Shs470.
Taiwo Afolabi appoints son LAX as executive director of SIFAX Logistics on the singer's 33rd birthday
Nigerian singer LAX has been appointed executive director of SIFAX Logistics, joining his father Taiwo Afolabi's group on his 33rd birthday.