Banker John Quinn drives Nedbank’s Africa expansion amid 69-percent debt deal surge
Nedbank is reorganizing its investment banking unit to target Africa’s growing debt market.
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8 companies owned by Nigerian business mogul Cletus Ibeto
Ibeto's business empire spans multiple industries, including cement manufacturing, petrochemicals, auto parts, real estate, and hospitality, cementing his role as a top Nigerian entrepreneur.
Aliko Dangote, Africa’s richest man, to open family office in Dubai amid wealth protection shift
The move comes as Dangote, 67, continues to expand his industrial empire, which includes cement, sugar, fertilizer, and a newly operational $20-billion oil refinery in Lagos.
South African tycoon Andre du Plessis sees Capitec Bank stake rise above $160 million
Du Plessis’ stake in Capitec Bank now above $160 million, thanks to $10.49-million gain in 18 days.
Africa’s richest man Aliko Dangote receives approval for $97-million infrastructure project
The project will link the Lekki Deep Sea Port to the Shagamu-Benin Expressway via Epe, enhancing transportation infrastructure in Lagos, Nigeria’s economic center.
Kenyan tycoon Edward Kirathe’s Acorn to delist $44.2-million green bond from NSE
Acorn’s portfolio under Edward Kirathe includes 17,000 beds in 17 student housing properties, with an additional 6,000 beds under development.
Africa’s richest man Aliko Dangote says he lacks ‘excess liquidity’ to acquire Arsenal
Dangote, a lifelong Arsenal fan and founder of the diversified Dangote Group, made the disclosure during an interview with Bloomberg’s Francine Lacqua.
Egyptian billionaire Yasseen Mansour’s Palm Hills approves $212.3-million loan for Badya project
Badya, Palm Hills Developments' flagship smart city, leads the way in innovative property development in the MENA region.
Beyoncé poised for multimillion-dollar deal with Levi Strauss
Levi Strauss teased a potential collaboration with Beyoncé in a cryptic Instagram post.
Three businesses owned by Nigerian billionaire oil mogul Gabriel Ogbechie
Ogbechie, founder of Rainoil Limited, has built a successful business empire in Nigeria's oil and gas sector. Discover his key ventures and contributions to the industry.
Nigerian heiress Cuppy Otedola makes history at UN General Assembly
DJ Cuppy made history as the first British Nigerian to host an opening session at the UN General Assembly (UNGA).
Black shareholders oppose Vodacom’s $2.3-billion payout to ‘Please Call Me’ inventor Nkosana Makate
Nkosana Makate, inventor of the “Please Call Me” service, faces a new setback in his legal battle against Vodacom Group.
African-American billionaire Alex Karp's Palantir secures $99.8-million contract expansion with U.S. Army
Enhanced expansion to accelerate the adoption of AI-driven technologies in the U.S. defense and intelligence operations.
Kenyan exec Peter Ndegwa's Safaricom partners with Mastercard to accelerate cross-border remittance
The collaboration is set to accelerate the growth of digital payments, reinforcing Safaricom’s leadership in financial innovation across the region.
Moroccan pharma tycoon Lamia Tazi faces $3.35 million loss as Sothema shares dip
Lamia Tazi’s stake in Sothema dips below $65 million as shares slide
Moroccan real estate mogul Alami Lazraq’s ADI stake nears $400 million
Real estate mogul Alami Lazraq’s wealth climbs amid soaring ADI shares.