Vodacom, Johann Rupert’s Remgro close $672.9 million Maziv fiber deal
Vodacom finalizes a $672.9 million fiber deal with Remgro’s Maziv to expand fast internet across South Africa.
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Kenyan banker James Mwangi gains $7.9 million from Equity Group stake
James Mwangi’s Equity Group stake gains $7.9 million as the Kenyan lender’s shares rally, lifting his holdings and confidence.
Egyptian tycoon Ashraf Sabry’s Fawry unveils holding company to consolidate investments
Fawry launches a holding company to consolidate investments and boost its fintech expansion under Ashraf Sabry.
Michael Jordan files lawsuit against U.S. motorsports giant over monopoly allegations
NBA legend Michael Jordan files lawsuit against NASCAR, challenging monopoly rules and protecting his $150 million 23XI Racing team.
Nigerian oil magnate Gabriel Ogbechie’s Eterna launches $14.9 million rights issue
Eterna launches a $14.9 million rights issue as Gabriel Ogbochie moves to strengthen the company’s finances and expand operations.
How Adeniji Adeyemi built Starlink Global & Ideal Ltd, Nigeria’s $550 million non-oil export giant
From a one-room cocoa shop to a $550 million export engine, Adeniji Adeyemi’s Starlink Global & Ideal Ltd is redefining non-oil success in Nigeria.
Belgian SIAT invests $100 million in Nigerian tycoon Rasheed Sarumi-led Presco
Belgian SIAT invests $100 million in Presco to expand Nigeria’s palm oil production and boost Edo State’s economy.
Nigerian billionaire Abdul Samad Rabiu to expand empire with new rice processing line
Abdul Samad Rabiu signs a new deal in Dubai to build a 32-tonnes-per-hour rice processing line as BUA Foods’ earnings surge.
Tony Elumelu’s HH Capital lifts Transcorp Power stake with $201,000 share buy
HH Capital, tied to billionaire Tony Elumelu, snapped up more than 1 million Transcorp Power shares in a fresh insider deal on the Nigerian Exchange.
Nigerian businessman Emeka Offor gets respite in $111 million loan fight in London
A London court has pressed pause on a $111 million loan fight, handing Nigerian tycoon Emeka Offor rare breathing room in a long-running saga.
South African tycoon Barry Swartzberg's Discovery stake falls by $15 million
Barry Swartzberg’s Discovery stake falls $15 million as weak sentiment hits JSE financial stocks, thus cutting the insurer’s market capitalization.
Egyptian billionaire Hisham Talaat Moustafa plans $5 billion Oman projects
Hisham Talaat Moustafa’s TMG launches $5 billion Oman projects with 15,000 residential units, hotels, and coastal amenities.
South African banker Gerrie Fourie joins STADIO five months after Capitec exit
Gerrie Fourie, former Capitec CEO, becomes STADIO board director to boost student access nationwide.
Kenyan tycoon Ronald Karauri’s SportPesa backs local boxing again
SportPesa, led by Ronald Karauri, renews support for Kenyan boxing, backing local fighters and grassroots programs after six years away.
Nigerian magnate Aderemi Makanjuola’s Caverton unveils Nigeria’s first electric ferry
Caverton unveils Nigeria’s first electric ferry as Aderemi Makanjuola expands the group’s clean-energy push on Lagos waterways.
Nigerian billionaire Abdulsamad Rabiu’s BUA Group to build 40tph feed mill in Kano
BUA Group founder Abdulsamad Rabiu has signed a deal with Turkey’s Viteral to build a 40TPH feed mill in Kano, targeting Nigeria’s livestock deficit.