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South African entrepreneur Mcebisi Mlonzi, CEO of TFM Defence & Aerospace, is negotiating a major arms deal with Zimbabwe involving Russian/Chinese small arms amid past corruption controversies.
The group clarified that since the establishment of Afriland First Bank CD in 2005, the lender has never faced a sanction from the tax directorate or any other government institution.
Aspen Pharmacare shares edge higher, boosting CEO Stephen Saad’s holdings above $340 million despite the stock’s 37% year-to-date decline.
Abdul Samad Rabiu received a $144.4 million dividend from BUA Foods after the company boosted its payout by 136 percent in 2024.
The store marks Watchfinder’s first permanent boutique in the American market, offering customers an opportunity to experience its inventory in person.
Awo Ablo’s Oracle stake is worth $3.3 million, marking her influence in global tech and corporate leadership.
Daniel McKorley urges entrepreneurs to shield early-stage ventures from scrutiny, crediting “building in silence” for McDan Group’s rise across logistics, aviation, shipping, and mining.
Jay-Z accuses a woman of fabricating sexual assault claims tied to Diddy, calling it an “evil conspiracy” to damage his reputation.
Ethiopian-born Saudi billionaire Mohammed Al-Amoudi signals a return with new mega projects under MIDROC, pledging jobs and investment as Ethiopia eyes middle-income status.
Africa’s richest man Aliko Dangote loses $163 million on cement slump, trimming fortune to $28.8 billion.
EBOMAF, led by Burkinabe entrepreneur Mahamadou Bonkoungou, begins a 244-km Yombi–Mandji–Omboué road project in Gabon, promising jobs, infrastructure upgrades, and stronger provincial links.
Sujimoto CEO, Sijibomi Ogundele, faces EFCC scrutiny after Enugu officials accused him of abandoning $3.8 million school project.
Chairman Yasseen Mansour’s Palm Hills stake falls $6.55 million amid continued share pressure on the Egyptian Exchange.
The company said it is accelerating its Backward Integration Project (BIP) in line with the federal government’s extended Sugar Master Plan 2.0.
Geregu Power, under Femi Otedola’s leadership, forecasts record 2025 earnings of ₦44 billion ($29 M), signaling strong revenue growth amid Nigeria’s power challenges.
Kate Fotso has suspended Telcar Cocoa’s operations in Cameroon, citing a bean quality crisis that threatens both local farmers and global chocolate supply.