Family of Kenya's longest-serving spy chief wins $77 million land battle
Kenyan court restores $77 million estate to Kanyotu family, voids fraudulent sale of 500-acre land in Ruiru after forged documents exposed.
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Nigerian billionaire Femi Otedola details rise to success in upcoming autobiography
Femi Otedola reveals lessons, risks, and defining moments in business in his long-awaited autobiography.
Central bank cracks down on son of Algeria’s richest man
Omar Rebrab barred from business roles as Algeria’s central bank enforces freeze amid misconduct probe.
South Africa’s second-richest man, Nicky Oppenheimer, is $1 billion richer so far in 2025
Nicky Oppenheimer gains $1 billion, lifting his net worth to $12.6 billion through investments in industry, finance, and African conservation.
Co-op Bank Kenya CEO Gideon Muriuki raises stake with $1.57 million share purchase
Gideon Muriuki, CEO of Co‑operative Bank of Kenya, has boosted his personal stake in the lender by acquiring an additional 12 million shares valued at KSh 202.8 million (approximately US $1.57 million) — raising his stake from 2% to 2.2%.
Nigeria’s Sijuwade royal family, one of Africa’s richest, grows fortune to $240 million over decade
Royal heirs grow Sijuwade family fortune to $240 million through energy, real estate, and construction investments across Nigeria and beyond.
South African businessman Hendrik du Toit’s Ninety-One hits $187 billion in managed assets
Ninety One, led by Hendrik du Toit, hit $187.9 billion in AUM as of June 2025, reflecting global momentum, strategic acquisitions, and strong client inflows.
Oil mogul Gabriel Ogbechie’s Rainoil unveils 10 new fuel stations across Nigeria
The expansion supports Rainoil’s “Road to 400” push to scale its nationwide fuel retail network and boost petroleum access in urban and underserved markets.
Africa’s oldest billionaire backs $1.42 billion bid to take over Australia’s Abacus Storage King
Natie Kirsh-backed consortium ups Abacus Storage King bid to $1.42 billion, intensifying takeover battle.
Billionaire Mike Adenuga’s Globacom to launch public Wi-Fi in Lagos under new deal
Globacom teams up with Wave5 to deploy public Wi-Fi in Lagos, aiming to ease congestion and expand digital access.
South Africa’s Ackerman family gains $14.3 million from Pick n Pay stake
Pick n Pay’s recent rally lifts Ackerman family’s stake above $185 million, reversing May losses.
Africa’s richest 5 percent control $4 trillion, twice the rest of the continent
That staggering imbalance is at the heart of a new Oxfam report that lays bare the depth of inequality spreading across the continent.
Accelerate Property Fund,partly owned by Michael Georgiou, faces $44.8 million impairment amid fresh deal
Accelerate Property Fund may write down R800m debt tied to Fourways Mall deal as it opens a $5.57 million rights offer amid stalled restructuring talks.
Africa's richest man, Aliko Dangote, plans Nigeria’s biggest seaport
This infrastructure will enhance logistics for Dangote’s fertilizer and oil refinery operations, including planned exports of liquefied natural gas (LNG).
Algerian-born French beauty mogul Sue Nabi’s Coty stake swells by $13 million
Coty CEO Sue Nabi’s stake rose to nearly $160 million after a nearly 9% stock increase, signaling growing investor confidence in the beauty giant’s direction.
Kenyan executive Peter Ndegwa pockets $2.3 million salary from Safaricom
Kenyan CEO Peter Ndegwa received $2.3 million from Safaricom, reflecting growth in share-based awards despite profit declines.