South African tycoon Terrence Moolman’s Caxton stake gains $7.7 million on JSE
Terrence Moolman’s Caxton stake gains $7.7 million as the company’s shares rise on the Johannesburg Stock Exchange.
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Egyptian billionaire Yasseen Mansour’s Palm Hills inks $18.2 million deal in UAE
Palm Hills, led by billionaire Yasseen Mansour, secures $18.2 million lease and UAE trademark deal, boosting its Gulf expansion strategy.
Mombasa tycoon Mohamed Jaffer wins court payout over seized highway land
Court orders KeNHA and NLC to pay Mohamed Jaffer and Ashok Doshi for land taken during Mombasa-Nairobi highway expansion.
Edita, led by Egyptian tycoon Hani Berzi, plans $84 million expansion
Edita Food Industries, led by Hani Berzi, plans $84 million expansion to boost production in Egypt, Iraq, and Morocco.
Standard Bank, led by Sim Tshabalala, backs Safaricom Ethiopia with $138 million funding push
Standard Bank backs Safaricom Ethiopia with a $138 million funding facility to support its network expansion and rising user base.
South African multimillionaire Magda Wierzycka wants pension funds to back startups
Magda Wierzycka says directing a sliver of South Africa’s pension savings into startups could unlock billions for the country’s next generation of entrepreneurs.
Naivas, majority-owned by Arnaud Lagesse’s IBL Group, opens its 112th branch in Nairobi
Naivas, backed by Arnaud Lagesse’s IBL Group, opens its 112th Nairobi store, expanding reach in fast-growing Mihango estate.
Africa’s richest man Aliko Dangote plans US dollar payouts for Nigerian shareholders
Aliko Dangote plans US dollar payouts for Nigerian shareholders from his $20 billion refinery listing.
Ghanaian entrepreneur Beatrice Mensah-Tayui to pay $17 million for oil block in Guyana
Mensah-Tayui's Cybele Energy has clinched Guyana’s shallow-water Block S7, becoming the first African explorer to secure offshore acreage in the booming oil state.
Filipino billionaire Enrique Razon seals 25-year port deal in South Africa
Transnet’s 25-year Durban deal with ICTSI marks South Africa’s first big port concession, aimed at unclogging a vital, crisis-plagued trade gateway.
Inside Coco Gauff’s Endorsement Portfolio: Every Major Brand Backing Tennis’s Hottest Star
Coco Gauff’s Mercedes-Benz deal crowns a stacked sponsor roster spanning luxury, tech, fashion and aviation, confirming her status as Gen-Z’s defining sports mogul.
Duncan Wanblad-led Anglo American and Teck shareholders approve $50 billion merger
Anglo American and Teck shareholders approve $50 billion merger, creating world’s fifth-largest copper producer.
Nigerian banker Ladi Balogun leads FCMB to $570 million gross earnings in 9 months
FCMB posts $570 million in nine-month earnings under Ladi Balogun, driven by strong interest income and rising profit.
South African tycoon Stephen Saad loses $19 million from Aspen stake
Stephen Saad’s Aspen Pharmacare stake loses $19 million as shares fall, highlighting mounting pressure on Africa’s largest drugmaker.
Motsepe's African Rainbow Minerals reports R1.5 billion dividend from Assmang after stronger year
African Rainbow Minerals said it received a R1.5 billion dividend from Assmang, reflecting improved earnings and steadier commodity conditions through 2025.
Africa early-stage investor summit closes in Cape Town with calls for ownership, strategy and homegrown capital
Leaders at Africa’s top early-stage investor summit in Cape Town urged renewed ownership, stronger capital flows and deeper collaboration to build a resilient ecosystem.