Africa’s richest man Aliko Dangote seeks $5 billion to expand Lagos refinery
Dangote seeks $5 billion to expand Lagos refinery, aiming to double output and boost Nigeria’s energy independence.
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Since 2021, billionaire Patrice Motsepe has bankrolled six SA parties to the tune of $3.5 million
South African billionaire Patrice Motsepe has disclosed R62.5m in donations to six parties since 2021, with the ANC taking the biggest share, filings show.
The Secret Billionaire Powering $5 Trillion in Global Trades Every Month
From coder to market mover, Exness CEO Petr Valov built an algorithm-driven brokerage that scaled from a niche idea to a global platform, emphasizing ethics, speed, and access for everyday traders.
10 Best Forex Brokers in Africa
Africa’s forex boom—powered by better internet and digital payments—has opened markets to millions. This guide ranks the 10 best brokers for African traders, focusing on local deposits/withdrawals, reliable regulation, strong platforms, and real customer support.
Sawiris family’s Orascom opens Four Seasons Telluride resort in U.S.
Located on a 4.5-acre parcel in the mountain community of Telluride, the new resort covers about 532,000 square feet.
Nigerian entrepreneur Innocent Onwunali expands spirits portfolio with new launch
Nigerian entrepreneur Innocent Onwunali’s IKI Leads debuts Doncoco, a new line of locally crafted spirits blending quality, flavor, and homegrown pride.
Egyptian billionaire Ahmed Ezz gains $22 million as Ezz Steel shares surge
Ahmed Ezz adds $22.46 million to his fortune as Ezz Steel shares rise on the EGX, lifting his holdings above $1 billion and reaffirming his influence.
Nigerian businessman Tony Elumelu’s Transcorp grows profit 20% to $62 million in nine months
Transcorp, chaired by Nigerian businessman Tony Elumelu, reports a 20% profit rise to $62 million, boosted by power and hospitality growth.
Access Holdings, led by Aig-Imoukhuede, posts profit drop on lower forex gains
Access Holdings, led by Aigboje Aig-Imoukhuede, reports a profit decline as lower forex gains and rising costs weigh on results.
South African billionaire Koos Bekker-led Prosus to back India's early-stage startups
Koos Bekker’s Prosus partners with Accel to back India’s early-stage startups in AI, energy, and advanced manufacturing.
Aliko Dangote’s cement company profit nearly triples to $508 million
Aliko Dangote’s Dangote Cement profit jumps to $508 million, marking a milestone for Nigeria’s largest cement producer.
Abdul Samad Rabiu set to become Nigeria’s next $10 billion man
Nigerian billionaire Abdul Samad Rabiu’s fortune hits $9.2 billion, fueled by strong gains in BUA Foods and BUA Cement shares.
Nigeria's NIPCO, controlled by Indian billionaire Ramesh Kansagra, acquires 19% of Savannah Energy
NIPCO Plc, controlled by the wealthy Kansagra family via Purebond, is acquiring about 19% of London-listed Savannah Energy.
LeBron James expands $37 million Beverly Hills estate with two mansions
LeBron James expands his $37 million Beverly Hills estate with two luxury mansions, each designed to his vision.
Absa, led by Kenny Fihla, to acquire Standard Chartered Uganda’s retail, wealth business
Absa Bank Uganda, an arm of the banking group led by Kenny Fihla, will acquire Standard Chartered’s retail and wealth units to boost its footprint and retail reach in East Africa.
Harmony Gold, backed by Patrice Motsepe, completes $1.01 billion copper deal in Australia
Harmony Gold, backed by Patrice Motsepe, has completed its $1.01 billion acquisition of Australia’s MAC Copper, expanding into the copper market.