Burkinabe finance tycoon Simon Tiemtore completes acquisition of Saham Assurances Niger
Vista Group says it has bought Saham Assurances Niger and will relaunch it under the Vista name as it builds a West African insurance network.
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Billionaire Femi Otedola predicts stronger naira as Dangote Refinery reaches full capacity
Investor Femi Otedola believes the naira may strengthen significantly as Dangote Refinery’s full-scale operations reduce fuel imports and ease forex pressure
Sheikh Tahnoon bin Zayed-backed belton acquires Baobab in €197.6 million Africa expansion push
Beltone, backed by Sheikh Tahnoon bin Zayed’s Chimera, bought Baobab Group for €197.6 million to expand across Africa.
SIFAX Chairman Taiwo Afolabi drives ports and cargo turnaround after strategic reset
SIFAX Chairman Taiwo Afolabi has steered Ports and Cargo back to growth after restructuring stevedoring operations and refocusing on general cargo.
INOXGFL Director Devansh Jain announces Skypower Services acquisition, targets 2.5 GW Africa solar
Inox Clean and RJ Corp form joint venture to acquire Skypower Services MENA and target 2.5 GW renewable capacity in Africa.
Tony Elumelu's UBA overhauls agency network to capture Nigeria’s booming POS market
UBA rolls out a new aggregator framework and RedPay incentives to expand agency banking and deepen its digital payments footprint.
Africa's richest man Aliko Dangote hails customers as the foundation of his business empire
Dangote tells partners that customer loyalty remains the foundation of the group’s expansion, supply chain upgrades and profit growth.
Nigerian National Petroleum Corporation reports $4.26 billion after-tax profit in 2025
NNPC posted 4.26 billion dollars after-tax profit in 2025 as crude production averaged 1.62 million barrels per day.
Access Holdings chairman Aig Imoukhuede’s Bidvest acquisition deal collapses
Access Bank deal to acquire South Africa Bidvest Bank collapses after deadline passes, with sources citing regulatory approval challenges.
Family linked to jailed Algerian auto tycoon Mahieddine Tahkout hid $15 million in assets, prosecutors say
Prosecutors say a family hid about $15 million in assets in a case linked to jailed auto tycoon Mahieddine Tahkout.
Billionaire-backed Curro moves to fully take over Meridian schools platform
Curro, backed by Jannie Mouton’s foundation, has been cleared to acquire Meridian linked entities, tightening control of its cost conscious school brand.
South African billionaire Michiel Le Roux’s Capitec nears Nedbank-level profits
Capitec’s projected earnings of up to $1.07 billion shifts Michiel Le Roux’s mission is to build a simplified, mass-market banking giant challenging South Africa’s biggest lenders
South African Agri tycoon Sean Walsh steps down as KAL Group CEO after 15 years
Veteran executive Sean Walsh is stepping down as CEO of KAL Group after nearly fifteen years of guiding expansion and transformation, while continuing to serve as Agbiz chairperson until June
Sam Darwish's IHS Towers exits Brazil Fibre market in $452 million Deal
IHS Towers CEO Sam Darwish has signed a deal to exit Brazil fibre market, selling a majority stake in I Systems for $452.6 million.
Conoil records weakest profit in five years as borrowing costs grow
Conoil records its weakest profit in five years as surging finance costs and slowing fuel sales weigh heavily on earnings.
Billionaire Femi Otedola applauds Dangote as refinery hits full capacity
Femi Otedola has praised Aliko Dangote after the refinery reached 650,000 barrels per day, calling the milestone transformational for Nigeria economy.