Somali e-visa controversy: Ismail Ahmed points to Premier Bank involvement
Ismail Ahmed claims Premier Bank helped design Somalia’s e-visa system and benefits from visa fees through Empire Tech Solutions.
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Mohamed Jaffer’s Bulkstream holds wheat over $1.1 million fees in Mombasa dispute
Bulkstream retains 1,514 tonnes of wheat in Mombasa over $1.1 million unpaid fees amid legal dispute with Ugandan importer.
Moroccan multimillionaire Alami Lazraq signs $320 million deal with Rixos to build luxury resorts
Alami Lazraq's Alliances Group has partnered with Turkey’s Rixos Hotels in a $320 million plan to expand Morocco’s high-end tourism footprint.
Patrice Motsepe eyes Assmang millions as ARM haggles over dividend
African Rainbow Minerals is still negotiating how much cash it can unlock from Assmang, its manganese and iron-ore JV, after profits slumped.
Cameroon’s richest man, Baba Danpullo, blocked from selling Sodecoton stake
President Paul Biya halts Baba Ahmadou Danpullo’s plan to sell his Sodecoton stake, keeping Cameroon’s richest man in the cotton giant.
Malawian billionaire Hitesh Anadkat’s FMB stake tops $2 billion
Hitesh Anadkat’s stake in FMB Capital tops $2 billion, driven by soaring shares and the bank’s growth across Southern Africa.
Zimbabwe’s Strive Masiyiwa launches Africa’s first multi-model AI platform
Strive Masiyiwa’s Cassava Technologies unveils Africa’s first multi-model AI platform, expanding access to advanced AI tools.
Egyptian tycoon Hani Berzi’s Edita posts $312 million in nine-month revenue
Edita posted $312 million in revenue for the first nine months of 2025, up 24%, with net profit rising 38% as exports and product innovation fuel growth.
Access Holdings, led by Aigboje Aig-Imoukhuede, vests shares to 689 staff
Access Holdings, led by Aigboje Aig-Imoukhuede, rewards 689 employees with shares under its incentive plan.
Nigerian tycoon Tony Elumelu commits $1 billion to Kenya infrastructure
Nigerian tycoon Tony Elumelu commits $1 billion to Kenya’s infrastructure projects after meeting President William Ruto.
Aliko Dangote’s net worth slips below $30 billion as cement shares fall
Aliko Dangote’s wealth falls below $30 billion after a decline in Dangote Cement shares amid investor caution and tax policy concerns.
Egyptian billionaire Hisham Talaat Moustafa’s TMG stake rises above $1.3 billion
Aliko Dangote’s wealth falls below $30 billion after a decline in Dangote Cement shares amid investor caution and tax policy concerns.
Barloworld, led by Dominic Sewela clears last hurdle in $1.3 billion buyout
Barloworld, led by Dominic Sewela, secures final approval for Newco’s $1.3 billion buyout, paving the way for JSE delisting.
Broken promises by wealthy nations: Africa needs to finance its energy addition, then transition
African oil and gas producers should also seek to maximize their own capacities as they develop their own subsurface resources.
Africa’s richest man, Aliko Dangote, strikes fertilizer deal with German firm
Dangote Fertilizer signs a deal with Germany’s thyssenkrupp Uhde to boost Nigeria’s urea capacity and strengthen food security.
Senegal businesswoman wins $4.6 million to boost Gade Gui egg output
Adama Sène Cissé secures $4.6 million from Proparco to expand Gade Gui’s egg production, boosting Senegal’s local food supply.