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Macron's $27 billion Nairobi summit is the deliberate end of Françafrique and the substitution of private-sector European capital for the public-sector colonial architecture that preceded it.
Aliko Dangote anchors Macron's $27 billion Nairobi summit and confirms Mombasa as his preferred $17 billion East African refinery site; Sawiris reorganizes Orascom for the $50 billion Abu Dhabi platform.
Equity Group CEO James Mwangi told the Africa Forward Summit in Nairobi that African governments must fix three structural barriers or risk losing the investment decade.
Ghana's Supreme Court has dismissed Ecobank Ghana's final legal attempt to avoid paying compound interest to investor Daniel Ofori in a dispute that began in 2008.
Koos Bekker's Prosus sold a 5 percent Delivery Hero stake to Hong Kong's Aspex for €335 million in its second EU-mandated divestment.
Algeria is attempting to sell a Barcelona hotel belonging to jailed billionaire Ali Haddad, but a pre-existing contract is blocking the transaction, French-language reporting confirms.
The murder trial of Cameroon media tycoon Jean-Pierre Amougou Belinga has been adjourned for a month after a key defence lawyer traveled abroad during proceedings.
Folorunsho Alakija has ended her decade as Osun State University chancellor, with BOVAS Oil and Gas founder Victoria Samson named as her successor on May 10.
The Cameroon presidency has ordered official checks into the long-running legal dispute between billionaire Baba Danpullo and MTN Cameroon, signaling new scrutiny of one of Central Africa's most consequential business fights.
Moroccan billionaire Anas Sefrioui has sold his only French cement plant and is redirecting capital toward Africa, where his CIMAF network already spans more than a dozen countries.
Patrice Motsepe's African Rainbow Energy raised its stake in SOLA Group to 83 percent, taking control of South Africa's largest corporate renewables platform.
Kola Karim's Shoreline Group has signed a $300 million deal with Accor to develop 10 hotels across 8 Nigerian cities by 2030, creating Nigeria's first nationwide hotel platform.
Aliko Dangote joined more than 30 heads of state in Nairobi as French President Emmanuel Macron unveiled a $27 billion African investment package.
Anil Dua, a non-executive director on First Bank of Nigeria's board, has bought 2.56 million First HoldCo shares worth N177.9 million ($119,000).
Emmanuel Macron has announced €23 billion ($27 billion) in investment commitments at the Africa Forward Summit in Nairobi, France's first major summit co-hosted with an English-speaking African country.
Ali Haddad built Algeria's biggest private construction company from nothing. A border crossing with two passports ended his entire empire in one night.