Mauritius-based businessman Antoine Delaporte's Adenia buys majority stake in Egypt’s Parkville
Adenia Partners buys controlling stake in Egypt’s Parkville, expanding into health, personal care, and Middle East-Africa markets.
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Trustco faces board shake-up as Riskowitz fund calls shareholder meeting to remove founder Quinton van Rooyen
Riskowitz Value Fund has called a Feb. 16 meeting to replace Trustco’s board, escalating a long, messy fight with founder Quinton van Rooyen.
Dangote brings MTN Group CEO Ralph Mupita onto fertiliser board as IPO plans gather pace in Nigeria
Dangote Industries tapped MTN Group CEO Ralph Mupita for its fertiliser board as it moves toward expansion and a planned NGX listing.
OPEC’s first female president spent $2.75 million at Harrods, London court hears
Diezani Alison-Madueke, OPEC’s first female president and Nigeria’s ex-oil minister spent $2.75 million at Harrods, facing UK bribery scrutiny.
South African executive Laurence Rapp-led Vukile sells Spanish retail parks for $334 million
South Africa’s Vukile sells Spanish retail parks for $334 million, marking a full exit and refocusing on higher-growth shopping centers.
Africa’s richest man, Aliko Dangote's refinery lifts petrol prices 14 percent
Africa’s richest man Aliko Dangote raises petrol prices by 14 percent as global crude oil prices climb after U.S. supply disruptions.
Patrice Motsepe’s African Rainbow Minerals takes trademark fight to South Africa tribunal over lookalike company names
African Rainbow Minerals is challenging companies it says are riding on its name, arguing their brands could mislead the public and investors.
Stanlib moves to buy Strive Masiyiwa's Africa Data Centres as South Africa regulators back the deal
Stanlib wants to buy Cassava’s Africa Data Centres after regulators recommended approval, a deal that could reshape South Africa’s fast growing data center market.
Barloworld pays $1.36 million to South African executive Dominic Sewela
Barloworld paid CEO Dominic Sewela $1.36 million in cash to close out long-term incentive awards after company’s change of control.
Nigerian Energy tycoon Olakunle Williams' Tetracore Energy Group commissions Ghana's first Gas Virtual Pipeline Network CNG Facility
Tetracore Energy Group has launched Ghana’s first compressed natural gas facility in Tema, a $15m project built to scale supply and cut emissions.
Nigerian tycoon Taiwo Afolabi eyes offshore vessel expansion after Indimi’s $315 million bet
Nigerian logistics tycoon Taiwo Afolabi plans new offshore vessels to expand SIFAX Marine’s oil and gas operations.
Kenyan businesswoman Mary Wambui fights hotel auction as bank looks to recover $62 million
Mary Wambui Mungai is fighting a planned auction of her Nairobi luxury hotel as Equity Bank pursues a disputed Sh8 billion debt.
Tetracore Energy Group charts next phase of growth with gas-to-liquids and ammonia-urea expansion
Tetracore Energy Group Limited is advancing plans to diversify into Gas-to-Liquids (GTL) and ammonia-urea fertilizer production, aiming to deepen Nigeria’s gas-based industrial economy.
Luxury hotel operator controlled by Mauritian Lagesse family posts $127 million half-year revenue
LUX Island Resorts posts $127 million half-year revenue as tourist arrivals boost occupancy and profits across Indian Ocean resorts.
Bill Gates, OpenAI launch $50 million AI health rollout in Africa
Bill Gates and OpenAI are backing a 50 million rollout of AI health tools across 1,000 clinics in Africa by 2028.
Indian father and son hold $186 million stake in Nigeria’s Mecure Industries as shares surge 239%
Mecure shares surged 239% in under three months, pushing Samir and Arjun Udani’s combined stake to about N266.7 billion.