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Kenyan lawmakers stopped Tanzanian billionaire Edhah Abdallah Munif from buying Portland Cement shares at half price, citing undervaluation and foreign control concerns.
André Pienaar sued in Washington over $10 billion Pentagon cloud contract involving Amazon and lobbying claims.
The Ghabbour family’s stake in GB Corp. has lost over $46 million in value after a sharp drop on the Egyptian Exchange.
The project aims to strengthen Egypt’s cold chain infrastructure, improve food quality, and cut waste, the companies said in a joint statement.
Prosus, chaired by Koos Bekker, raised its stake in India’s Urban Company to 7.35% with a $139 million investment ahead of its IPO.
Glencore, led by Gary Nagle, pursues talks with South Africa’s government to rescue smelters as power costs rise.
Naguib Sawiris nears a $10 billion fortune as gold and real estate investments fuel his rise.
Taiwo Afolabi commissions ICT hub, market stalls, and a recreational park in Ogun State to uplift local communities.
Egypt Kuwait Holding’s Parenco Egypt wins North Sinai drilling rights in Cairo’s $121 million exploration deals, cementing Loay Jassim Al-Kharafi’s influence in Egypt’s energy sector.
Salwa Idrissi Akhannouch fused heritage and ambition to build Morocco’s leading luxury-retail empire—franchises, malls, beauty, and more—shaping commerce and culture alike.
Dangote Petroleum Refinery exports two additional fuel shipments to the U.S., boosting production and international presence.
Starlink has paused new internet kit orders in Lagos and Abuja after hitting capacity, with rising prices and regulatory hurdles weighing on Nigerian users.
South African billionaire Jannie Mouton’s Capitec stake rises to $1.2 billion as shares gain on renewed investor confidence.
Dangote made the announcement at a conference, saying the plant has helped ease a problem that has dogged Nigeria for decades.
Nigerian star Mr Eazi reveals Choplife Gaming has paid RWF 17 billion in Rwanda taxes since 2022, highlighting his growing footprint beyond music.
William Byaruhanga buys $8 million stake in Sidian Bank, ranking as the fourth-largest shareholder in the Kenyan lender.