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King Mswati III's Tibiyo TakaNgwane investment fund is struggling to pay workers at the Eswatini Observer, the newspaper it has fully owned since 1981.
Appolinaire Compaoré, founder of Planor Afrique and one of Burkina Faso's most powerful businessmen, died on May 14 in Ouagadougou at 73.
Shingai Mutasa returned from London in 1980, joined his father's commodity business and quietly built one of Zimbabwe's most diversified private empires.
Jay-Z's Roc Nation Sports International signed a strategic partnership with Chelsea FC on May 14, targeting the US market through culture, music and entertainment.
From Angola's oil corridors to boardrooms across three continents, Zandre Campos built one of Africa's most ambitious private equity firms from scratch.
Kenny Fihla has raided Rothschild, Standard Bank, and Deutsche Bank to rebuild Absa's senior bench. What the most aggressive hiring spree in African banking tells us about the South African push for deal leadership.
Aliko Dangote rejects NNPC bid to raise its stake in the $20 billion Lekki refinery; Sunil Mittal bets $2.9 billion on African telecoms; Ogunlesi-BlackRock back South Africa with $28 billion; Kenny Fihla rebuilds Absa into Africa's deal bank.
The May 4 NCBA disclosure has surfaced the Kenyatta family's institutional cap table for the first time. A full Wealth Intelligence map across banking, dairy, hospitality, media, land, and Northlands City.
Kenny Fihla's Absa has hired Rothschild and Co's Giles Douglas as managing executive of its investment bank, continuing a rapid hiring push to rebuild the lender's corporate and deal-making capability across Africa.
Natie Kirsh started with a £1,200 inheritance and a corn mill in Swaziland. A $29 billion deal at 94 made him one of Africa's richest men.
Bharti Airtel's board has approved a $2.9 billion share swap lifting founder Sunil Mittal's stake in Airtel Africa to 79%, with 90% the eventual target.
Adebayo Ogunlesi says BlackRock's $28 billion South Africa exposure is set to grow as private capital bets bigger on Africa's infrastructure.
Mining mogul MySol paid R220 million for a Clifton villa on Nettleton Road, Africa's most expensive street. Here is who else lives there.
Norway's $1.9 trillion sovereign wealth fund acquires 5 percent of Patrice Motsepe's ARM; Femi Otedola adds $31.6 million in FirstHoldCo shares; Equity's James Mwangi names three barriers Africa must fix.
Mauritius investigators are tracing new money trails connecting jailed Madagascar tycoon Mamy Ravatomanga to the HITA industrial oil refinery scandal.
Oando Group CEO Wale Tinubu sparked debate by saying he would fire a loyal but stagnant employee rather than one who makes mistakes but keeps growing.