Mr Eazi’s Choplife Gaming pays $11.7 million in Rwandan taxes as his African empire expands
Nigerian star Mr Eazi reveals Choplife Gaming has paid RWF 17 billion in Rwanda taxes since 2022, highlighting his growing footprint beyond music.
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Ugandan lawyer William Byaruhanga buys $8 million stake in Kenya’s Sidian Bank
William Byaruhanga buys $8 million stake in Sidian Bank, ranking as the fourth-largest shareholder in the Kenyan lender.
Kenyan tycoon John Kimani-linked Kakuzi teams up with government to boost agribusiness
Kakuzi, partly owned by tycoon John Kimani, partners with Siaya County to boost avocado and macadamia farming, aiming to lift rural incomes.
Zimbabwe’s richest man Strive Masiyiwa plans five new AI factories within a year
Zimbabwe billionaire Strive Masiyiwa to build five AI factories in Africa within a year through Cassava Technologies.
Africa’s richest man, Aliko Dangote, funds 250-bed university hostel in Nigeria
Africa’s richest man, Aliko Dangote, is funding a N1.1 billion ($732,642) 250-bed hostel at the University of Ilorin to aid student housing and mosque upkeep.
Australian mining tycoon Colin Ikin, tied to Chagoury family, targets Nigerian lithium rights amid Jupiter dispute
Colin Ikin, linked to Nigeria’s influential Chagoury family, pushes for Kaduna’s lithium rights as Jupiter Lithium fights to keep its permits.
South African arms broker Mcebisi Mlonzi to supply Russian and Chinese weapons to Zimbabwe army
South African entrepreneur Mcebisi Mlonzi, CEO of TFM Defence & Aerospace, is negotiating a major arms deal with Zimbabwe involving Russian/Chinese small arms amid past corruption controversies.
Cameroonian tycoon Paul Fokam’s Afriland dismisses allegations of tax-related closure in Congo
The group clarified that since the establishment of Afriland First Bank CD in 2005, the lender has never faced a sanction from the tax directorate or any other government institution.
South African pharma tycoon Stephen Saad’s Aspen stake tops $340 million
Aspen Pharmacare shares edge higher, boosting CEO Stephen Saad’s holdings above $340 million despite the stock’s 37% year-to-date decline.
Nigerian billionaire Abdul Samad Rabiu collects $144.4 million in BUA Foods dividend
Abdul Samad Rabiu received a $144.4 million dividend from BUA Foods after the company boosted its payout by 136 percent in 2024.
South African billionaire Johann Rupert’s Richemont watch brand sets up first U.S. boutique
The store marks Watchfinder’s first permanent boutique in the American market, offering customers an opportunity to experience its inventory in person.
Ghanaian advocate Awo Ablo holds $3.3 million stake in Oracle
Awo Ablo’s Oracle stake is worth $3.3 million, marking her influence in global tech and corporate leadership.
Ghanaian tycoon Daniel McKorley says quiet hustle, not social media noise, builds empires
Daniel McKorley urges entrepreneurs to shield early-stage ventures from scrutiny, crediting “building in silence” for McDan Group’s rise across logistics, aviation, shipping, and mining.
Jay-Z calls sexual assault allegations a “false, malicious story” in new lawsuit
Jay-Z accuses a woman of fabricating sexual assault claims tied to Diddy, calling it an “evil conspiracy” to damage his reputation.
Ethiopian billionaire Mohammed Al-Amoudi signals return with new mega projects
Ethiopian-born Saudi billionaire Mohammed Al-Amoudi signals a return with new mega projects under MIDROC, pledging jobs and investment as Ethiopia eyes middle-income status.
Africa’s richest man sees $163 million wiped from wealth on cement slump
Africa’s richest man Aliko Dangote loses $163 million on cement slump, trimming fortune to $28.8 billion.