Jonathan Oppenheimer calls for urgent red tape cuts in South Africa
Jonathan Oppenheimer urges South Africa to cut red tape and empower small businesses to drive growth.
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Nigerian executive Chuka Mordi leads Ellah Lakes’ agro push with $163 million raise
Nigerian executive Chuka Mordi is steering Ellah Lakes toward regional agro-industrial dominance with a $163 million public offer.
Nigeria's richest woman Folorunsho Alakija donates hospital to Osun State
Nigerian billionaire and philanthropist Folorunsho Alakija donates a new hospital to Osun State, one of the country's less affluent states.
Nigerian tycoon Temitope Lawani's Helios posts $634 million revenue in 9M 2025
Helios Towers, backed by Nigerian investor Temitope Lawani, posted $634.5 million in nine-month revenue as it shifts focus to cash flow and payouts.
South African tycoon Niall Lynch gains $10 million from Motus
South African tycoon Niall Lynch’s Motus stake rises above $31 million as shares climb 50% on renewed investor confidence and global expansion.
Cameroonian banker Alain Nkontchou-linked Ecobank gets $12 million to boost African SMEs
Ecobank has secured a $12 million trade finance guarantee to strengthen small business financing and food security in Chad and across Africa.
Nigerian tycoon Rasheed Sarumi-led Presco launches $165 million rights issue
Presco Plc, chaired by Rasheed Sarumi, launches a $165 million rights issue to expand operations and strengthen its market position.
Attijariwafa Bank Egypt, backed by Morocco’s royal family, unveils $10 million SME facility
Attijariwafa Bank Egypt and IFC launched a $10 million risk-sharing facility to expand SME lending, boost jobs, and support women-led businesses.
Patrice Motsepe’s ARM shuts Beeshoek mine, 622 workers to lose jobs
South African billionaire Patrice Motsepe’s ARM shuts Beeshoek mine after ArcelorMittal ends iron ore purchases.
Femi Otedola’s net worth hits $1.6 billion on gains from Geregu Power, First HoldCo
Nigerian billionaire businessman and philanthropist Femi Otedola’s fortune climbs to $1.6 billion on strong gains from Geregu Power and First HoldCo.
Nduka Obaigbena’s General Hydrocarbons placed in receivership by AMCON amid First Bank loan dispute
AMCON has taken control of Nduka Obaigbena’s General Hydrocarbons, deepening financial troubles that could spill over into his Arise TV and ThisDay holdings.
Vodacom settles with ‘Please Call Me’ inventor Nkosana Makate after $1.5-billion standoff
Vodacom confirmed that its board approved the agreement on Nov. 4 and said the financial impact will be reflected in its half-year results due Nov. 10.
Senegal’s richest man Yerim Sow to list Bridge Bank on BRVM
Senegalese investor Yérim Sow is preparing an IPO of Côte d’Ivoire’s Bridge Bank Group on the BRVM to fund West African expansion.
Kola Aina's Ventures Platform raises $64 million to back Africa’s next tech giants
Ventures Platform has raised $64 million for its second fund, aiming to back Africa’s next generation of tech startups and drive regional expansion.
Sim Tshabalala-led Standard Bank expands into Egypt with new office
Standard Bank is launching a Cairo office on Nov. 12, strengthening Africa’s link to global capital markets.
Nigerian businessman Temitope Lawani's Helios weighs full Axxela exit
Helios is preparing to sell its remaining stake in Axxela, marking a major shift in Temitope Lawani’s investment focus.