Allen Onyema's Air Peace wins seven Nigerian Aviation awards, keeps West Africa sub-regional title
Allen Onyema's Air Peace took home seven honors at the 2026 Nigerian Aviation Awards, retaining its Best West Africa Sub-regional Airline title.
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Rihanna, the world's youngest Black billionaire, hits 200 million RIAA singles certifications
Rihanna has become the first woman in music history to surpass 200 million RIAA singles certifications, a record set without releasing a new album in a decade.
U.S. billionaire John Arnold warns sports betting is destroying young men
Billionaire John Arnold says sports prediction markets are designed to keep young men engaged in ways that lead to debt, addiction and mental health breakdowns.
Idrissa Nassa's Coris Bank profit hits CFA103.2 billion in 2025, up 36%
Coris Bank International posted CFA103.2 billion in net profit in 2025, a 36% increase, as founder Idrissa Nassa's regional banking group extends its West African footprint.
Investor Memo: The Hormuz Dividend — How the Iran War Is Repricing Every African Upstream Asset in Real Time
Four major African upstream transactions in two weeks — Oando raising $750 million, NNPC doubling Dangote's crude supply, Seplat making NGX history at N10,000, and Petrobras entering the Gulf of Guinea through Arthur Eze's Oranto — all driven by a single cause: the Iran war has repriced African oil.
African Wealth Briefing — Mon., April 20, 2026
Nassef Sawiris quietly lifts his Orascom Construction stake to 43.39 percent, Hassan Allam acquires Metito's engineering arm to build an Africa-wide water infrastructure platform, and GCB Bank's dividend hands Daniel Ofori a $1.66 million payout.
Ghana stock market investor Daniel Ofori is set to pocket GH₵19.87 million in dividends from GCB Bank after a 2-year payout freeze
GCB Bank declared a GH₵1 per share dividend after Bank of Ghana approval, handing top investor Daniel Ofori a GH₵19.87 million ($1.66 million) payout from his 7.5% stake.
Egypt's richest man Nassef Sawiris lifts Orascom Construction stake to 43.39%
Nassef Sawiris has increased his total stake in Orascom Construction to 43.39% after his NNS City family office acquired approximately 1.13 million additional shares in the company.
African Wealth Briefing — Sun., April 19, 2026
Rupert's Richemont bails out Delvaux with a €100.6 million debt-to-equity conversion, Hiridjee's AXIAN Telecom crosses $1.69 billion in revenue, Gary Lubner eyes a $1 billion Belron IPO windfall, and a Kenyan Senate probe names Mohamed Jaffer in an alleged fuel crisis scheme.
Kenyan billionaire Mohamed Jaffer allegedly manufactured a national petroleum crisis to pocket millions of dollars
Kenyan Senate investigation has named Mombasa tycoon Mohamed Jaffer and 2 state officials in an alleged scheme to manufacture the country's worst fuel crisis in 3 years.
Algerian tycoon Mahieddine Tahkout faces fresh corruption allegations over billions in diverted funds and international money laundering
Algerian businessman Mahieddine Tahkout faces fresh corruption allegations over diverted funds and international money laundering in a widening legal case.
South African-born tycoon Gary Lubner eyes $1 billion windfall in glass repair giant Belron IPO
South African-born Gary Lubner, former Belron chief executive and major Labour donor, stands to pocket close to $1 billion if the Autoglass parent lists in Amsterdam.
Hassan Allam acquires MetiPro from Metito to build a scaled water infrastructure platform across the Middle East and Africa
Hassan Allam Holding has agreed to acquire MetiPro, the engineering and construction arm of water management group Metito, in an undisclosed deal.
African Wealth Briefing — Sat., April 18, 2026
Arthur Eze's Oranto sells 75 percent of São Tomé Block 3 to Petrobras, Glencore and Motsepe's ARM overturn a SARS diesel refund ruling, and Dangote commits N500 billion to close Nigeria's 1.2 million-tonne sugar import gap.
Tycoon Bassim Haidar's Optasia suspends airtime credit services in Nigeria as regulators bite
JSE-listed fintech Optasia has suspended airtime credit services in Nigeria after new FCCPC digital lending regulations disrupted telecom-linked credit products across the market.
Malagasy billionaire Hassanein Hiridjee's AXIAN Telecom revenue hits $1.69 billion in 2025 results
AXIAN Telecom posted full-year 2025 revenue of $1.69 billion, up 20.2%, as acquisitions and mobile data growth accelerated across its African markets.