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Delta State University has conferred an honorary business doctorate on oil tycoon Muhammadu Indimi, chairman of Oriental Energy Resources, at its 18th convocation in Abraka.
Byron Allen's Allen Media Group closed a $171 million broadcast station sale to Gray Media and locked in a new YouTube TV carriage deal in a single week.
Africa Morocco Link, co-owned by Othman Benjelloun's O Capital Group, plans a Morocco to Canary Islands route within 3 years as it expands its 2-ship fleet to 7 vessels.
King Mohammed VI has appointed Crown Prince Moulay El Hassan as coordinator of Morocco's military general staff, giving the 22-year-old his first substantive role in the Royal Armed Forces.
The Sentry's leaked-records investigation into Tagwirei's Sakunda partially supports Chiwenga's claim that Zanu PF held a hidden 45 percent stake, James Mwangi's Equity Bank sweeps Kenya's banking awards, and Talaat Moustafa warns Egypt's new property fees could push costs up 15 percent.
Tanzanian billionaire Rostam Aziz urged Kenya and Tanzania to move beyond trade to a single commercial system to draw the capital both economies need.
Vista Equity CEO Robert F. Smith told CNBC that 30 of his portfolio companies are already generating revenue from agentic AI, with more converting soon.
Egyptian construction billionaire Hassan Allam met Syrian President al-Sharaa in Damascus to explore real estate and infrastructure investment in post-war Syria.
Mohammed Al-Amoudi's MIDROC Investment Group has signed a deal to develop 10 Marriott-branded hotels across Ethiopia with 1,140 keys opening by 2031.
Former Skye Bank chairman Tunde Ayeni was remanded at Kuje Prison on Monday after the EFCC arraigned him on a 17-count N15.6 billion fraud charge.
Strive Masiyiwa's Cassava Technologies is planning a 20MW AI factory in Johannesburg with 12,000 to 13,000 GPUs targeted across Africa as its Cape Town facility prepares to go live.
Femi Otedola has flatly denied investing in the Dangote Petroleum Refinery, calling a viral claim that he contributed $300 million "completely and utterly false" and "calculated mischief."
Buying Telecel Zimbabwe means inheriting a tangle of ownership claims, including James Makamba's Kestrel Corporation stake and other unresolved competing interests.
Coris Bank, founded by Idrissa Nassa, posted a 22% rise in first-quarter profit in 2026, continuing its strong run across West Africa.
The Dangote Refinery IPO is on track to open subscription in May, with a Nigerian Exchange listing targeted between June and July. Today's Investor Memo lays out the structural questions Elite subscribers should be asking before the prospectus drops.
The UAE has formally exited OPEC effective May 1, removing the cartel's third-largest producer with 4.8 million bpd capacity from the framework that has structured global oil markets for nearly six decades. The implications for Africa's six remaining OPEC members are not favorable.