South African billionaire Jannie Mouton gains $136 million from Capitec stake
South African billionaire Jannie Mouton gains $136.16 million as Capitec Bank shares climb, lifting the value of his long-held stake.
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Allen Onyema's Air Peace eyes regional expansion across Africa by 2026
Air Peace shifts regional flights to daytime, expands African routes to 2026 for smoother travel and connections.
South African billionaire Koos Bekker raises $150.3 million from share sales
Koos Bekker raises $150.3 million from share sales to back high-end hospitality projects across South Africa, U.K., and Italy.
Inside the biggest billionaire donations in Africa in 2025
Africa’s billionaires ramped up giving in 2025, funding schools, hospitals and startups as governments face tight budgets and rising public needs.
Australian billionaire Andrew Forrest's Fortescue targets 2030 start for African iron ore exports as Gabon orders mining contract audit
Fortescue says it will ship African iron ore by 2030 as Gabon launches an audit that could reshape major mining deals.
Egyptian businessman Hani Berzi raises Edita stake in $26.5 million trade
Hani Berzi’s Quantum Invest BV increased its Edita Food stake through a 26.5 million dollar block trade on the Egyptian Exchange.
U.S.-Nigerian mogul Sam Darwish’s IHS stake rises above $90 million
Quantum Invest BV, led by Hani Berzi, increased its stake in Edita Food Industries through a $26.5 million block trade on the Egyptian Exchange.
Glencore, led by South African executive Gary Nagle, to acquire majority stake in Dutch fuel firm
Glencore, led by Gary Nagle, acquires a majority stake in Dutch fuel firm FincoEnergies to expand low-carbon and renewable fuel supply.
James Mwangi-led Equity Bank gets $60 million AfDB trade finance guarantee
Equity Bank Kenya has secured a $60 million AfDB trade finance guarantee, boosting support for SMEs and easing risk in cross-border trade across Africa.
ERC linked to Egyptian businessman Ahmed Heikal cuts $417 million debt, moves closer to dividends
ERC, part of Ahmed Heikal’s Qalaa Holdings, repays $417 million, reducing debt and moving closer to its first dividend payout.
Cameroonian tycoon Paul Kammogne Fokam's Afriland seeks partners for Liberian business
Afriland First Bank says it wants new partners for its Liberia unit, as reports cite a planned capital raise to spur local growth.
Egyptian businessman Hani Berzi gains $27 million from Edita Foods shares
Hani Berzi’s wealth rises by $27 million as Edita Food Industries shares rally, lifting his controlling stake on Egypt’s stock exchange.
Senegalese businessman Demba Ka gets $30 million IFC boost for retail expansion
Senegalese retailer Groupe EDK, led by Demba Ka, secured $30 million from IFC to expand grocery stores nationwide and strengthen food supply chains.
Kenyan billionaire Narendra Raval breaks ground on $500 million steel plant in Uganda
Devki’s $500 million Tororo steel plant, launched by Museveni and Ruto, aims for 15,000 jobs and a million tonnes a year.
Billionaire Jannie Mouton’s Curro takeover turns unconditional, setting up January JSE delisting
Billionaire Jannie Mouton is taking Curro private via his charitable trust, betting a delisting can widen access to schooling.
How Jeff Bezos investments in Africa are taking shape through Amazon, AWS, and Fintech
Jeff Bezos investments in Africa show up in two big levers, Amazon marketplaces and AWS cloud, plus a selective fintech bet.