Adiwale Partners, led by Jean-Marc Savi de Tové, backs Guinea healthcare firm
Adiwale Partners backs Guinea’s Clinique Ambroise Paré, funding upgrades and expanding access to quality healthcare locally.
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South African executive Gary Nagle in talks to create $260 billion mining giant
South African executive Gary Nagle leads talks to merge Glencore and Rio Tinto, creating a $260 billion mining powerhouse.
African private equity firm Kibo Capital Partners keeps cashing out as its last fund winds down
Kibo Capital Partners is selling down its remaining portfolio, extending a run of exits that includes banking and logistics across East Africa.
Cameroonian businessman Paul Fokam’s Afriland tops $3.6 billion in assets
Cameroonian businessman Paul Fokam’s Afriland First Bank passes $3.6 billion in assets, cementing its lead in Central Africa.
Nigerian businessman Nzan Ogbe's Levene Energy secures $64 million Afreximbank loan for Axxela stake
Afreximbank approved a $64 million facility for Levene Energy as founder Nzan Ogbe pushes deeper into Nigeria’s gas infrastructure.
7 African Billionaires Betting Big on Cement
From Lagos to Casablanca, homegrown moguls turned limestone into fortunes, reshaping Africa’s cement map and building booms.
Aliko Dangote petitions anti-corruption agency to probe ex oil regulator Farouk Ahmed
Dangote has asked Nigeria’s EFCC to investigate former oil regulator Farouk Ahmed, escalating a dispute over alleged lavish spending and abuse of office.
Tanzanian billionaire Said Bakhresa adds Malawi soap factory after $100 million soya plant
Said Bakhresa is expanding manufacturing in Malawi with a new soap factory, months after launching a 100 million dollar soya plant.
Will.i.am unveils AI-powered electric vehicle
Will.i.am unveils AI-powered TRINITY, a luxury three-wheel EV launching 500 units in 2027.
Nigerian energy mogul Wale Tinubu recounts $9,000 bet that became $300 million
Nigerian energy mogul Wale Tinubu recounts how a $9,000 bet grew into a $300 million gas company over decades.
Meet the Kenyan beer tycoon challenging Diageo's $2.3 billion EABL sale to Asahi
Peter Burugu built a beer distribution empire after leaving EABL. Now he is in court, trying to stall Diageo’s $2.3 billion exit.
King Mohammed VI lists late mother’s Paris homes for $35 million
Morocco’s royal family has listed three Paris area properties tied to the late Princess Lalla Latifa, drawing fresh attention to royal wealth.
Malawi’s richest man Hitesh Anadkat gains $1.69 billion from FMB Capital in 2025
Malawi’s richest man Hitesh Anadkat gains $1.69 billion as FMB Capital shares climb 475 percent in 2025.
Africa’s richest man, Aliko Dangote, starts 2026 with $410 million net worth increase
Aliko Dangote’s net worth rises $410 million to $30.4 billion driven by Dangote Cement gains and investor confidence.
Employees allege unpaid work as Diddy serves federal sentence
Employees claim unpaid work as Sean “Diddy” Combs serves 50-month federal sentence; a third-party firm now reviews expenses.
Oil tycoon Wale Tinubu salutes Otedola, Elumelu deals reshaping Nigeria’s energy sector
Wale Tinubu’s post praising Otedola and Elumelu spotlights two late 2025 megadeals and a fast changing pecking order in energy.