Abdul Samad Rabiu Urges Africa to Shift From Extraction to Industrial Processing
BUA founder Abdul Samad Rabiu has called on African governments and financiers to move from raw exports to large scale industrial processing.
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Ivorian Cotton King Koné Daouda Soukpafolo acquires majority stake in Uniwax
Ivorian cotton magnate Koné Daouda Soukpafolo acquires majority stake in Uniwax, restoring local ownership as the textile firm rebounds strongly in 2025.
Nigerian gas tycoon Julius Rone says $5 billion FLNG project will start construction in 2026.
UTM Offshore CEO Julius Rone says Nigeria’s first floating LNG facility will enter construction in 2026, targeting exports and domestic cooking gas supply.
Dangote expands African investment, eyes Burundi opportunities and regional energy deal
Dangote Group is accelerating its pan-African expansion with new investment talks in Burundi and strategic energy negotiations with Ghana and Cameroon
How Michiel Le Roux’s low-cost model is powering Capitec’s earnings surge
The South African billionaire’s long-held bet on simplicity, scale, and affordability is once again fueling stellar growth at Capitec Bank
Best fixed deposit rates in South Africa for a $100,000 equivalent: February 2026
South African banks are paying up to the high single digits for one year cash, with digital challengers pushing the top end.
Dangote Refinery reduces petrol price to ₦774/Litre
Dangote’s refinery has reduced petrol price to ₦774 per litre, reinforcing its growing influence over Nigeria’s fuel supply and pricing dynamics
South African billionaire Johann Rupert’s Richemont set to sell Jaeger LeCoultre
South African billionaire Johann Rupert’s Richemont is advancing plans to sell Jaeger LeCoultre in a billion-franc management buyout.
Billionaire Naguib Sawiris backs new Digital School push to train 100,000 Egyptians
Naguib Sawiris joined UAE partners to launch Jusur Al Foras, a plan to train 100,000 Egyptians and place 10,000 in jobs.
Oil tycoon Ahonsi Unuigbe’s Petralon appeals Dawes Island ruling as Africa Energy Chamber warns on investor confidence
Petralon’s Ahonsi Unuigbe is contesting a Dawes Island court ruling as NJ Ayuk’s Africa Energy Chamber warns it could deter investment.
Kevin Hart’s Tequila Brand Hits $200 Million in Retail Sales
Gran Coramino, co-founded by Kevin Hart, has reached $200 million in retail sales, fueled by strong 2025 growth in stores.
George Soros-Backed Delta40 Secures $20 Million to Build Africa’s Next Wave of Startups
Delta40 secures $20 million to fund and build early-stage startups across Africa’s energy, agriculture and fintech sectors.
Mandarin Oriental to take over Egypt’s Old Cataract and Winter Palace
Mandarin Oriental plans a major Egypt push with the Old Cataract in Aswan, Luxor’s Winter Palace and its first luxury Nile cruise.
Mombasa billionaire Mohammed Jaffer wins delay in court case against maize miller
A Mombasa High Court pushed to May a Ksh90 million suit targeting a grain handler associated with businessman Mohammed Jaffer after witnesses failed to attend.
Discovery Founder Adrian Gore Moves to Buy Landmark Sandton Headquarters
Discovery founder Adrian Gore has backed the R4.05 billion purchase of the group Sandton headquarters, citing long term savings and balance sheet strength.
Abdul Samad Rabiu Initiative joins IFC to scale She Wins Africa to 1,000 women founders
IFC and ASR Africa will scale She Wins Africa to 1,000 women entrepreneurs after the first group mobilized more than $4 million.