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Veteran banker Nicholas Vingirai says Zimbabwe’s financial sector has been “destroyed” by policy inconsistency and shrinking credit capacity, warning that local banks no longer fund productive business.
Kenya’s Peter Munga is in a $5 million legal fight with his wife over Britam shares tied to a bank loan dispute.
Naguib Sawiris’ net worth dips below $10 billion as falling gold prices cut $170 million from his fortune.
Mohamed Mansour starts work on a $150 million eco-friendly vehicle factory in Cairo to boost Egypt’s car manufacturing capacity and create thousands of jobs.
OpenAI, with Nigerian billionaire Adebayo Ogunlesi on its board, signs $38 billion AWS deal to boost ChatGPT’s global AI expansion and computing power.
Gbenga Oyebode, chairman of Okomu Oil, gained over $17 million this year as the company’s shares jumped 136% on the Nigerian Exchange (NGX).
After years of chaos and foreign plunder, Nigeria’s mines are stirring. Legit operators are turning gold, lithium and iron into fortunes as a long-overdue cleanup begins.
Wale Tinubu’s Oando Plc is expanding beyond oil, launching Oando Mining to explore lithium in Kebbi and other key minerals for Nigeria’s clean energy future.
Ugandan businessman and honorary consul Habib Kagimu argues the country’s most reliable growth lies in agriculture, tourism and tech—while oil remains optional upside.
Safaricom rolls out a $232 million plan to modernize education across Kenya with digital tools and training.
Across Nigeria, a new generation of real estate developers is turning concrete and land into the country’s next fortunes.
Dangote Cement and MTN Nigeria are in a tight race to become the first Nigerian company to hit a record N1 trillion profit in 2025.
Zimbabwean businessman Lovemore Kurotwi loses Supreme Court appeal over $3.6 million Canadile Miners funds.
TMG starts work on a new Four Seasons in Giza, adding another luxury asset near the Grand Egyptian Museum as Egypt targets higher-value visitors.
The return to profit reflects improved market conditions in Nigeria, where the naira has strengthened, inflation pressures have eased and foreign exchange liquidity has improved.
Billionaire Abdul Samad Rabiu, founder of ASR Africa and chairman of BUA Group, has funded a 500-seat lecture theatre at Adamawa State University for ₦350 million (US$241,379), extending his structured philanthropy in Nigeria’s tertiary sector.