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Chevron agreed to sell two Angolan oil blocks to London-listed Energean for $260 million. Then Etu Energias, already a partner, used a right of first refusal to take the deal itself. A masterclass in how insiders win — and a signpost to who owns Africa's oil next.
SAFA's governance committee cleared Sandile Zungu to run against Danny Jordaan on Sept. 12, settling a dispute that had run since May.
Lionel Messi announced his Argentina retirement on Instagram, in a note he wrote on July 21 and revised after his father Jorge died on Aug. 8.
Making It Big turned one on Aug. 18. It won Axiom gold in the US, placed second in London, and Otedola is writing the sequel.
Brian Joffe's Bidvest has closed three acquisitions totaling $102 million (R1.67 billion) in its 2026 financial year, headlined by the $92 million purchase of environmental testing specialist Aquatico Group, as the South African services giant posted $8 billion in revenue.
ePointZero is buying 90% of Azura Power, the 752MW producer Phillip Ihenacho's Amaya Capital founded in 2010. Amaya keeps a 10% minority stake.
Kenya's Central Bank has approved Nedbank's acquisition of a 66% stake in NCBA Group for approximately $842 million, clearing the way for one of the most significant cross-border banking transactions in East African history.
Shein lists in Hong Kong at just over a quarter of its 2022 valuation, cutting founder Sky Xu's fortune from more than $23 billion to about $8bn.
Tilman Fertitta is touring Italy's coast on a 384-foot yacht he paid for himself. Venice police pushed back 300 protesters when it arrived.
Gina Rinehart's Hancock Energy has struck a deal with Strike Energy to unlock the stalled West Erregulla gas field in Western Australia, with production targeted for 2029 as the state braces for tightening gas supply.
The city of Brownsville has approved a $220 million water infrastructure deal involving Elon Musk's SpaceX and disannexed 444 acres of land to accommodate the rocket company's expanding Texas operations.
Etu Energias, half owned by Alberto Almeida de Sousa, is buying Chevron's stakes in Blocks 14 and 14K for $260 million, displacing Energean.
Stella Okoli's Emzor has raised N26.7bn ($19.8m) at a 19% coupon to finish West Africa's first antimalarial API plant a Sagamu facility that was due to open in late 2025, then early 2026, and is still incomplete.
AI researcher Alexander Wissner-Gross says Nvidia's record $96.2 billion quarter may partly reflect circular financing, warning that demand could be "artificially propped up through financial engineering" rather than genuine economic need.
Magic Johnson built 125 Starbucks stores, sold them all back to Howard Schultz, then used the proceeds to buy a $50 million stake in the Los Angeles Dodgers that is now worth approximately $200 million.
Sahara Group supplied the 67 million litre cargo that opened Madagascar's state fuel imports, after the government seized a rival's storage tanks.