Jamaican billionaire Michael Lee-Chin's Portland Holdings signs Turkish nuclear deal in energy push
Michael Lee-Chin's Portland Holdings has signed a new agreement with Turkish firm Nuclean to cooperate on Turkey's growing nuclear-energy sector.
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Cameroonian tycoon Nassourou Issa plans $100 million sugar mill to rival Castel
Cameroonian tycoon Nassourou Issa is building a $100 million sugar mill, backed by Société Générale, to outproduce the Castel family's Sosucam by 2028.
Kenyan beer tycoon Ngugi Kiuna fails to block $1.5 million legal fee claim in Heineken case
Kenyan tycoon Ngugi Kiuna has failed to block a law firm from pursuing more than $1.5 million in legal fees tied to his Heineken court battle.
Mary Wambui, one of Kenya's richest women, loses court bid to stop Equity Bank takeover of Glee Hotel
A Kenyan court has refused to halt Equity Bank's takeover of Mary Wambui's luxury Glee Hotel over a debt the bank values at KSh 9.1 billion.
Tunisia's Poulina Group posts $67 million profit for 2025 on financial gains
Tunisia's Poulina Group lifted 2025 net income 26.4% to about $67 million, though financial gains, not its industrial core, drove most of the rise.
Tanzanian billionaire Mohammed Dewji to invest $275 million in graphite mining and luxury tourism
Tanzanian billionaire Mohammed Dewji is investing about $275 million in graphite mining and luxury tourism, part of a plan to triple MeTL Group revenue by 2035.
Tanzania's richest man eyes $100 million stake in Dangote's planned Kenya oil refinery
Tanzanian billionaire Mohammed Dewji says he is willing to invest $100 million in Aliko Dangote's proposed oil refinery in Kenya.
Tycoon Moh Damush's Telecel Group bids for TalkTalk's UK wholesale telecom arm
Telecel Group, the pan-African operator co-founded by Moh Damush, has bid for TalkTalk's UK wholesale arm in a deal worth up to £450 million.
Angolan billionaire Antonio Mosquito doubles his stake in TotalEnergies-operated offshore oil block
Sonangol has handed 5% of the TotalEnergies-operated Block 17/06 to Falcon Oil, doubling the stake held by Angola's richest man to 10%.
The billionaire who built Nigeria's gas pipelines: inside Emeka Okwuosa's Oilserv empire
How engineer Emeka Okwuosa built Oilserv into one of Nigeria's largest indigenous oil-and-gas contractors, laying the pipelines that carry the country's gas.
Billionaire Mohammed Dewji vows to strengthen his Simba SC squad after ending trophy drought
Billionaire Mohammed Dewji has pledged to reinforce his Simba SC squad for an African push after the Tanzanian club ended a four-year trophy drought.
Africa's richest man pledges $2 billion for solar power and fuel storage in The Gambia
Aliko Dangote has pledged $2 billion to build a 250-megawatt solar plant and a fuel storage terminal in The Gambia, President Barrow said.
How Canva's billionaire founders are handing $150 million in cash to Malawi's poorest
Canva's billionaire founders have committed $150 million to hand cash directly to Malawi's poorest, funding the largest unconditional cash experiment ever attempted.
Moroccan tycoon Moncef Belkhayat lines up a string of Casablanca listings for his Dislog empire
Moroccan tycoon Moncef Belkhayat is preparing to float his FMCG group Dislog and several other companies on the Casablanca Stock Exchange from 2026.
South African billionaire Zak Calisto's Karooooo posts record results as Cartrack accelerates
Billionaire Zak Calisto's Karooooo posted record full-year results as Cartrack subscription revenue rose 19%, and it raised its dividend 20% to $1.50.
South Africa's richest man received a $140 million fee from Reinet's big sale
A Rupert family entity was paid a 2.3 billion rand performance fee after Johann Rupert's Reinet sold its largest asset for about 62 billion rand.