Ghanaian tycoon Daniel McKorley's name surfaces in controversy over ministers paying for awards
Daniel McKorley's name has surfaced in Ghana's cash-for-awards controversy as President Mahama moves to ban ministers from private award ceremonies.
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Elon Musk asked investors for $75 billion and they sent back $150 billion as the SpaceX IPO sets up a record close
SpaceX has drawn $150 billion in investor demand, twice its $75 billion target, with order books closing June 10, pricing set for June 11 and trading on Nasdaq under SPCX beginning June 12.
African Wealth Briefing — Tues., June 9, 2026
Patrice Motsepe loses $700 million in three months as gold turns. Three Angolan tycoons block Chevron to claim a $260 million prize.
Nigerian oil and banking tycoon Michael Prest wins again as St Kitts court voids his bank's $120,000 fine
Nigerian oil tycoon Michael Prest has won another court ruling in St Kitts and Nevis after the Court of Appeal found the banking regulator had no authority to fine his bank $120,000.
South African billionaire Mark Shuttleworth-linked Knife Capital exits VoxCroft in US intelligence deal
Knife Capital, the direct successor to Mark Shuttleworth's Here Be Dragons venture capital operation, has exited VoxCroft Analytics in a US intelligence firm acquisition.
50 Cent plots new moves after Final Lap tour closes an era
50 Cent is mapping his next commercial chapter after the Final Lap tour formally closed the Get Rich or Die Tryin era, with new touring strategy and business moves taking shape.
Marcus Rashford move to Bayern Munich pending as Manchester United pushes for deal
Marcus Rashford's move to Bayern Munich is reportedly pending as Manchester United has given the German club a deadline to commit to a £34.5 million deal for the England forward.
Detroit's Lorron James takes James Group past $1 billion with EnovaPremier acquisition
Detroit entrepreneur Lorron James has grown James Group International past $1 billion in annual revenue after acquiring Louisville-based tire and wheel assembly company EnovaPremier.
Mohamed Salah gives initial approval to join Saudi Pro League
Mohamed Salah has given initial approval to join a Saudi Pro League club after leaving Liverpool but has conditions on salary and contract length before any deal is completed.
Russell Wilson retires from NFL and joins CBS Sports
Russell Wilson has retired from the NFL to join CBS Sports' The NFL Today pregame show, closing a 14-season playing career that included a Super Bowl championship with the Seattle Seahawks.
Floyd Mayweather and Mike Tyson confirm exhibition fight in 2026
Floyd Mayweather and Mike Tyson have confirmed a 2026 exhibition fight, reuniting the two highest-earning boxers in history for a commercial event expected to generate massive pay-per-view revenue.
Swizz Beatz and Alicia Keys reveal how they built the Dean Collection
Swizz Beatz and Alicia Keys have given a rare joint interview on building the Dean Collection into one of America's most significant Black-owned art institutions over two decades.
Anthony Joshua refuses to rule out MMA switch ahead of Tyson Fury fight
Anthony Joshua has refused to rule out an MMA switch as he prepares for his upcoming fight against Tyson Fury, saying he is open to exploring multiple options in combat sports.
Elon Musk unveils AI1 satellite design to power SpaceX's orbital data centers
Elon Musk unveiled SpaceX's AI1 orbital data center satellite on June 8, revealing a 70-meter wingspan design with 150 kW of AI compute capacity ahead of the company's IPO.
Billionaire Alex Karp warns governments may nationalize AI firms
Palantir CEO Alex Karp has warned AI leaders that failure to self-regulate could invite government nationalization of AI companies, a threat he says he has been raising privately for months.