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A committee bankrolled by Google co-founder Sergey Brin spent more than $50 million in a week against California's billionaire tax as polls turned against it.
Indian mining billionaire Anil Agarwal says his Vedanta group will spend $25 billion over three years to expand aluminium, copper, zinc, oil and gas.
Adani Ports, controlled by Indian billionaire Gautam Adani, has made a $3.3 billion offer for Evos, a European fuel storage company, weeks after losing ABP.
Devki Steel Mills, owned by Kenyan billionaire Narendra Raval, has applied for a licence to mine iron ore on 7,370 acres in Taita Taveta County.
Mark Zuckerberg paid $170 million for a Miami mansion next to Jeff Bezos, but a Meta board agreement keeps him a California resident for eight years.
AXIAN, led by Madagascar billionaire Hassanein Hiridjee, has signed €30 million of financing to build four solar plants with 62 megawatts of capacity in Benin.
Sterling Oil, owned by Indian tycoons Nitin and Chetan Sandesara, has bought Eni's Nigerian onshore unit and its 5% stake in the Renaissance oil venture.
American billionaire Josh Kushner’s Thrive Holdings has agreed to acquire ADT in a $15.3 billion transaction, expanding its technology focused investment strategy.
Dangote's refinery IPO has closed and Dangote Cement has hit a record, lifting his fortune to $55.4 billion on Forbes' real-time list. BUA Cement, Seplat and First HoldCo posted strong nine-month results. And Kenya launched a $539 million cement plant in Kitui.
Wale Tinubu started as an oil trader in 1994. In 2024 he bought Eni's Nigerian business for $783 million and became operator of four major oil leases. Now he wants to triple Oando's output. The story of the oil man, and of the fundraising his plan depends on.
A cement plant in Kitui, a sugar factory in Nandi, a quarter of Kenya Pipeline sold to Dangote and two cement companies bought by Amsons. Kenya is drawing large industrial investment, helped by import levies and the leasing of state mills. Who is investing, and why now.
Dangote Cement's profit rose 31% and its shares hit a record. BUA Cement's profit rose 60%, First HoldCo's pre-tax profit 61% and Seplat's 174%. GTCO's fell 12%. A company-by-company reading of Nigeria's nine-month results, and what they mean for the fortunes behind them.
Australian mining billionaire Gina Rinehart tops Western Australia's 2026 Rich 100 with A$37.5 billion, as the number of billionaires in the state rises to 20.
Dis-Chem, the South African pharmacy chain founded by billionaire Ivan Saltzman, gained market share with its loyalty programme, but half-year earnings fell 13%.
Nigerian lawyer and businessman Wale Babalakin inspected new regional arrivals facilities at the Lagos terminal his company runs, days after settling a 20-year dispute.
Patrice Motsepe was paid R28.5 million for his last seven and a half months as executive chairman of African Rainbow Minerals, its annual report shows.