Kenya court orders businessman SK Macharia’s guards out of Directline office
Court rules SK Macharia violated orders, directing removal of guards from Directline’s Nairobi office amid leadership battle.
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Africa’s richest man Aliko Dangote sees net worth rebound to $29 billion
Africa’s richest man Aliko Dangote regains $29 billion net worth, driven by cement gains and refinery exports.
Dangote lashes out at Nigerian oil union over ‘economic sabotage’
Africa’s richest man accuses Nigeria’s powerful oil union of decades-long sabotage, blaming it for energy shortfalls and hardship for millions of citizens.
SportPesa investor Asenath Wacera back in spotlight amid renewed scrutiny
A viral blog thrusts SportPesa investor Asenath Wacera into view, reviving her early role as the widow of ex-Nairobi mayor Dick Wathika.
Nigerian billionaire Abdul Samad Rabiu hails President Tinubu’s reforms for economic gains
BUA Chairman Abdul Samad Rabiu praises Tinubu’s reforms for stabilizing the naira, lowering food prices and encouraging private-sector investment despite ongoing economic pressures.
Nigerian tycoon Tein Jack-Rich’s Belemaoil struggles as wife’s Elin Air takes off
Belemaoil struggles with low output on OML 55 while Elizabeth Jack-Rich’s Elin Group gains ground in Nigeria’s aviation sector, redefining the Jack-Rich business empire.
Investec, led by South African executive Fani Titi, secures energy trading license
Investec gains energy trading license, boosting access to renewable power and deepening its role in South Africa’s evolving energy sector.
Nigerian billionaire Sayyu Dantata emerges as biggest winner from Dangote Refinery’s fuel boom
Sayyu Dantata, half-brother to billionaire Aliko Dangote, has emerged as Nigeria’s most powerful fuel distributor after NNPC, leveraging his MRS network to benefit from Dangote Refinery’s rise.
Tanzanian billionaire Mo Dewji’s foundation to train future leaders in food and nutrition
Mo Dewji Foundation teams with Kerry and universities to train young Africans as future leaders in food and nutrition.
Samuel Dossou-Aworet-backed Tullow sells Kenya assets to Gulf Energy
Tullow Oil has completed the $120 million sale of its Kenya assets to Gulf Energy, handing a local firm control of long-delayed oil hopes.
Bolt in talks to buy Moroccan ride-hailing firm from tech founders Belkhayat and Ziyat
Bolt is negotiating to acquire Moroccan ride-hailing startup VotreChauffeur.ma, signaling an aggressive North Africa expansion push.
10 businesses the late Nigerian businessman Oskar Ibru owned
His passing, nine years after his father’s, marks the close of another chapter in one of the country’s most notable business families.
Choppies CEO boosts stake with $1 million share purchase, signaling confidence in recovery
Choppies CEO Ramachandran Ottapathu buys 19.5 million shares worth about US$1 million, signaling confidence as the Botswana retailer works to cement its turnaround.
African Bank, led by Kennedy Bungane, secures $40.4 million to back SMEs
African Bank, led by Kennedy Bungane, secures $40.4 million to support SMEs through its first social bond and sustainable finance framework.
South Africa’s Cobus Stofberg adds $7.97 million from Naspers stock surge
South African businessman Cobus Stofberg gains $7.97 million from Naspers surge, lifting his stake to nearly $130 million.
Tanzanian billionaire Rostam Aziz contests halt of $130 million Mombasa gas plant
Rostam Aziz fights suspension of $130 million gas plant in Mombasa as Taifa Gas pushes East Africa expansion.