Sam Jonah engineered Africa's $1.48 billion gold merger then rejected the billionaire label
The Ghanaian mining titan turned a single Obuasi pit into a global gold giant, then spent his later years questioning who really owns Africa.
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Moussa Koanda built Burkina Faso's first solar panel factory and a $111 million cement empire
Moussa Koanda moved from consumer goods trading and petroleum distribution to build Burkina Faso's first solar panel factory, a $111 million cement plant and one of West Africa's most quietly formidable industrial empires.
Bhimji Depar Shah turned a Kenyan petrol station into a $700 million Bidco empire
Bhimji Depar Shah started with a petrol station in Nyeri and built Bidco Africa into a $700 million consumer-goods empire across 13 African countries.
Paul Fokam Kammogne built a $690 million banking empire to prove Africa could finance itself
Paul Fokam Kammogne left Cameroon Bank in 1979, earned a PhD in Bordeaux, and built Afriland First Bank into a $3.6 billion institution to prove Africa could finance its own development without foreign banks.
Innocent Chukwuma turned a Nnewi market stall into Nigeria's only indigenous carmaker
Rejected by engineering school, he bet that Nigeria could build the cars it kept importing. Decades later, Innoson is the proof of that wager.
Indian billionaire Sunil Mittal closes $2.9 billion swap, locking in 79 percent of Airtel Africa
The Indian telecom group has settled the swap it announced in May, folding a 16.3 percent block of its African unit directly onto its books.
South African billionaire Ivan Saltzman built Dis-Chem into a $1.7 billion empire but Bloomberg says the succession test is only beginning
Ivan Saltzman built Dis-Chem from a single Johannesburg pharmacy in 1978 into a $1.7 billion healthcare chain and now faces his hardest task: handing it over.
Ghanaian multimillionaire Papa Kwesi Nduom wants to buy Standard Chartered's local retail business
Papa Kwesi Nduom's Groupe Nduom is exploring the acquisition of Standard Chartered Bank Ghana's retail banking business and wants an indigenous Ghanaian company to win the deal.
Billionaire Tony Elumelu's Heirs Energies commissions a digital nerve centre to run Nigeria's OML 17 oilfield from a single screen
Tony Elumelu's Heirs Energies has commissioned a digital operations hub at OML 17 that integrates real-time monitoring, security and production data into a single platform.
Africa's richest man is weighing major new investments in Tanzania
Tanzania has directed government ministries to begin technical discussions with Aliko Dangote on investments in fertiliser production, energy and transport infrastructure after President Samia's meeting with Africa's richest man.
Toyin Ajayi raised $891 million to fix American healthcare for the people everyone else gave up on
Toyin Ajayi grew up in Nairobi, trained in London and built a $6 billion company to fix American healthcare for the patients everyone else gave up on.
Etosha Cave slept in her car to save money and has since raised $900 million to make jet fuel from CO2
Etosha Cave grew up next to a toxic oil site in Houston and has raised more than $900 million to turn CO2 into aviation fuel.
Nedbank's takeover of NCBA clears key African regulatory hurdles as Kenyatta family windfall moves closer to completion
Nedbank's $856 million takeover of NCBA Group has secured key East African regulatory approvals, bringing the Kenyatta and Ndegwa families' Sh21.9 billion windfall closer to completion.
SpaceX is joining the Nasdaq-100 on July 7 and billions of dollars in forced ETF buying is already queued up
SpaceX will join the Nasdaq-100 on July 7 in a fast-tracked process that will force billions of dollars in mandatory purchases from passive funds tracking the benchmark.
IDC bets R2.5 billion on Robert Gumede's Tongaat rescue and doubles down
South Africa's IDC has doubled down on its R2.5 billion Tongaat Hulett commitment, converting its loan to equity in a bet that the 134-year-old sugar giant can be rescued.
Texas judge dismisses all Roc Nation lawsuits in Jay-Z Buzbee war
A Texas judge has dismissed all claims against Jay-Z's Roc Nation in lawsuits filed by attorney Tony Buzbee's former clients, handing the billionaire rapper a major legal win.