Ghana wants 30% of every gold ounce, and Kenneth Ashigbey isn't ready to sign
Ghana wants 30% of every gold ounce its industrial miners produce, up from 20%, as the central bank rebuilds reserves. The miners aren't sold.
Latest
Tycoon William Tewiah's $338 million ZEN Petroleum stake makes him the richest stockholder on the Ghana Stock Exchange
William Tewiah's 80% stake in ZEN Petroleum is worth GHS 3.87 billion, making him Ghana's wealthiest individual stockholder, overthrowing Daniel Ofori.
How tycoon William Tewiah built a $420 million energy empire in Ghana with no oil experience and one contract
William Tewiah left a career in London finance and drove his own fuel tankers to Ghana's gold mines. He built an empire doing it.
Nigeria's pension regulator clears pension funds to buy into Aliko Dangote's refinery IPO
The National Pension Commission has waived its own rules to let pension funds back the Dangote refinery's share sale, the largest in Nigeria's history
Nigerian billionaire Femi Otedola's memoir is shortlisted for African Business Book of the Year
Femi Otedola's Making It Big has been shortlisted for the 2026 BCA African Business Book of the Year, with the winner announced in London on July 3.
Chinese tycoon Chen Hongliang's Huayou Cobalt is paying $210 million for Ghana's first lithium mine and deepening China's African minerals grip
Chen Hongliang's Huayou Cobalt has agreed to acquire Atlantic Lithium for $210 million in an all-cash deal, securing Ghana's first parliamentary-ratified lithium mine and extending China's critical minerals reach into West Africa.
King Mohammed VI is Africa's richest monarch and the man quietly building Morocco into a global industrial power
King Mohammed VI is Africa's wealthiest monarch. Through Al Mada, he controls a sprawling empire stretching from Casablanca's biggest bank to EV battery plants.
Meet Sébastien Ajavon, Benin's exiled "king of chicken" who fell out with Patrice Talon
Beninese billionaire Sébastien Ajavon built West Africa's largest frozen poultry empire before falling out with Patrice Talon and going into political exile in France.
South African billionaire Koos Bekker built a £1,000-a-night nature paradise in Somerset. Now it is under fire for using weedkiller
Koos Bekker's luxury Somerset eco-resort charges up to £1,000 a night and markets itself on its gardens and nature ethos. Critics say it is using weedkiller on its grounds.
Meet Hélder Bataglia, the Portuguese-Angolan tycoon who built Escom and opened China's door to Angola
Portuguese-Angolan businessman Hélder Bataglia built Escom Group into Angola's most influential private investment platform before the collapse of his patron Espírito Santo Group in 2014.
How Ahmed Ezz built Egypt's biggest steel empire, survived prison and came back with a $1 billion expansion
Ahmed Ezz built MENA's largest steel empire, survived arrest and a billion-dollar conviction, then returned to announce a $1.16 billion expansion.
How Congo-Brazzaville's richest man Willy Etoka sold the world a massive oil discovery that turned out to be a scam
Willy Etoka's company announced a massive Congo oil discovery in 2019. Investigators say the reserves were wildly exaggerated and the find likely a sham.
African Wealth Briefing — Mon., May 18, 2026
Aliko Dangote sues Nigeria's government over fresh petrol import licenses, escalating the refinery "mafia" fight to court at the exact moment the refinery IPO subscription window approaches.
Executive Insight: Robert F. Smith’s Abu Dhabi Office and the Emerging Gulf Axis for African Capital — What Vista’s ADGM Authorization Tells Foreign Investors About the New Architecture of Continental Capital Flows
Robert F. Smith's Vista Equity Partners has opened its first Middle East office in Abu Dhabi. The most consequential confirmation yet of the new architecture of African and emerging-market capital flows.
Investor Memo: AngloGold Ashanti’s $50 Billion Crossover and How to Size the Mining-Anchored Apex of African Listed Equity
AngloGold Ashanti has dethroned Naspers as Africa's most valuable listed company. The first apex change in years requires immediate reframing of how Elite subscribers size African equity allocations.
Aliko Dangote raises Ethiopia investment to $4 billion, making it the 2nd largest recipient of his continental spending
Aliko Dangote has raised the Dangote Group's investment in Ethiopia to over $4 billion, making it the 2nd largest destination of his African spending.