Kenyan businessman Peter Muthoka sells his cargo handling company for $40.1 million
Kenya cleared Celebi’s purchase of a JKIA cargo handler in a $40.1 million deal that reshapes Nairobi’s freight business.
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Nedbank offers $856 million for control of Kenya’s NCBA as big shareholders line up for payout
Nedbank offers $856 million for control of Kenya’s NCBA, signaling a regional banking shakeup and a likely payday for top shareholders.
Abdul Samad Rabiu’s BUA Cement plans 20 million-tonne capacity with $240 million expansion
Abdul Samad Rabiu’s BUA Cement plans a $240 million expansion to lift production capacity to 20 million tonnes within 20 months.
Seplat begins ANOH gas production weeks after Tony Elumelu’s Heirs Energies takes $500 million stake
Seplat Energy begins ANOH gas production, increasing Nigeria’s gas supply and supporting industrial and domestic energy needs.
Alex Karp’s Palantir lands multimillion-dollar AI deal with South Korea’s HD Hyundai
Alex Karp’s Palantir signs a multimillion-dollar AI agreement with HD Hyundai, extending a partnership that has helped speed shipbuilding by 30 percent.
Kenyan billionaire Rasik Kantaria's FMB Capital stake slips below $1 billion
Kenyan billionaire Rasik Kantaria sees FMB Capital stake fall below $1 billion after share gains cool.
South African billionaire Zak Calisto's Karooooo posts $86.1 million in quarterly revenue
Karooooo Says Cartrack Growth Picked Up in Q3 as Recurring Revenue Jumps and Subscriber Adds Hit Record
South African billionaire Koos Bekker loses $200 million amid market pullback
South African billionaire Koos Bekker’s net worth fell by $200 million after a pullback in Naspers and Prosus shares.
Angolan tycoon Agostinho Kapaia launches first vehicle assembly plant in Luanda
Opaia Motors opens Angola’s only operating vehicle assembly plant in Luanda, promising jobs and local supply chains as leaders seek less reliance on imports.
Nigerian monarch and energy tycoon Obateru Akinruntan plans 200 Obat Oil stations in nationwide expansion
Obat Oil, owned by Nigeria’s Olugbo of Ugbo Kingdom, targets 200 stations, leaning on Apapa tank farms, a jetty and tech upgrades.
Kenyan investor Baloobhai Patel buys additional Absa stake worth $1.3 million
Baloobhai Patel boosts his Absa Bank Kenya holding by $1.3 million, raising his stake to 100 million shares amid strong profits.
Nigerian software engineer Shola Akinlade's Paystack reorganizes under holding firm after profitability
Paystack restructures under The Stack Group after turning profitable, uniting payments, banking and new ventures under a holding company.
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to nearly double production capacity
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to nearly double annual production from 11 million to 20 million tonnes.
Retail tycoon Chandra Chauhan's Sefalana expects profit to fall as Botswana economy weakens
Chandra Chauhan’s Sefalana flags a profit dip, blaming a softer economy, food inflation and rising living costs nationwide across Botswana.
Barcelona’s Tactical Evolution Under Xavi: What Changed in 2025
Explore how Xavi’s Barcelona in 2025 reshaped its tactics - pressing triggers, flexible formations, and La Masia integration - and how 1xBet odds and live betting trends reflect the club’s new playing identity.
Aradel, led by Nigerian executive Adegbite Falade, gains majority stake in Renaissance
Aradel Holdings becomes the largest shareholder in Renaissance Africa Energy after a $250 million acquisition boosts its stake to 53.3 percent.