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After a sharp drop in revenue, Caverton Offshore Support Group Plc delivered a markedly reduced loss in its Q3 2025 interim results, under the leadership of founder-chairman Aderemi Makanjuola.
Stephen Saad’s Aspen stake drops $18 million as shares fall 5.45% in 16 days, deepening losses for South Africa’s largest drugmaker.
Femi Otedola’s First HoldCo posts $1.7 billion gross earnings in nine months, with strong asset and equity growth.
Kenyan real-estate tycoon David Masika finds his firm Lloyd Masika Limited in legal limbo after a recent case exposed major valuation discrepancies and raises questions about due-diligence practices.
United Bank for Africa reported N538bn profit after tax for Q3 2025, with assets climbing to N32.5trn and shareholders’ funds up 26%, reflecting strong performance and robust capitalisation.
Stephen Saad’s Aspen wins $29 million settlement in mRNA production dispute, boosting investor confidence after a tough fiscal year.
Vista Bank, led by Simon Tiemtoré, is in advanced talks to acquire a controlling stake in ACEP Cameroon to expand across Central Africa.
Oando blames a $450 million revenue fall on Dangote’s $20 billion refinery as it shifts focus to crude and gas trading.
Fairvest buys Jozini and Tugela Ferry malls for $39 million, boosting its South African retail portfolio.
Family Bank, founded by Kenyan tycoon TK Muya, has secured shareholder approval to list on the Nairobi Securities Exchange in 2026.
Shoreline Group chairman Kola Karim has urged government to lift its oil ambition to 5 million barrels a day by 2030, arguing that security, financing and contract fixes can unlock brownfield and deepwater barrels far above today’s output.
JSE-listed Datatec lifted its interim dividend to R1.75 a share after headline earnings more than doubled, with Westcon and Logicalis driving margin gains and a swing to net cash.
Open-source infrastructure house Canonical has the financial base for a public listing, but founder and CEO Mark Shuttleworth says the timing is wrong.
Idrissa Nassa gets $115.7 million investment to grow Coris Bank and expand banking access across West Africa.
Oando posts $145 million profit in 9 months as production rises and NAOC acquisition boosts output.
A wave of billion-dollar legal battles—from BP’s arbitration win against Venture Global to Nigeria LNG’s London defeat—shows how the once-stable LNG market is now shaped by courtrooms, not contracts.