Rabiu adds $4 billion to net worth amid industrial expansion
Industrialist Abdul Samad Rabiu sees his fortune climb to $14.6 billion as strategic manufacturing expansions and high demand drive BUA Group growth.
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Meet Adeyemi Ajao, the Nigerian-Spanish entrepreneur who built the first Black-led billion-dollar venture capital firm in Silicon Valley
Adeyemi Ajao grew up in Spain, taught himself to code, sold two companies, and built the first Black-led billion-dollar venture capital firm in Silicon Valley.
Brenthurst Wealth founder Magnus Heystek says his offshore money won't return to South Africa
Magnus Heystek says none of his offshore investments will return to South Africa, warning that recent market gains mask weak fundamentals and long-term growth prospects.
OnlyFans billionaire owner Leonid Radvinsky dies at 43
Leonid Radvinsky, the billionaire owner of OnlyFans who transformed the platform into a global subscription giant, has died at 43 after a battle with cancer.
Sanctioned tycoon Kudakwashe Tagwirei pledges $350,000 to rehabilitate Zimbabwe's main psychiatric hospital
Kudakwashe Tagwirei pledged $350,000 to rehabilitate Zimbabwe's main psychiatric hospital at a Bulawayo fundraising drive that raised over $2 million.
Mark and Brett Levy's Blu Label Unlimited shares lose $85.1 million in seven months
Mark and Brett Levy have lost R1.46 billion over seven months as Blu Label Unlimited shares fell sharply from their August 2025 peak.
Billionaire Jannie Mouton's PSG Financial expects earnings to rise as much as 39% in 2026
PSG Financial Services expects attributable earnings per share to rise as much as 39% for the year ended Feb. 28, 2026, with results due April 16.
Tony Elumelu urges Africa's wealthy to share prosperity
Tony Elumelu called on wealthy Africans to share their resources and empower the poor as his foundation unveiled its 2026 grant beneficiaries.
James Mwangi's Equity Group abandons Ethiopia-first strategy to acquire Angolan bank
James Mwangi's Equity Group is pivoting to Angola for a bank acquisition after Ethiopia's restrictive foreign ownership rules stall its market entry.
Nigerian entrepreneur Tosin Eniolorunda's Moniepoint acquires Orda to expand into Africa's food service market
Tosin Eniolorunda's Moniepoint has acquired Orda Africa to expand into food services, integrating restaurant software with payments and credit tools.
Aliko Dangote's refinery exports 456,000 tonnes of fuel to Ghana, Togo and three other African nations
Aliko Dangote's refinery has shipped 456,000 tonnes of refined petroleum products to five African countries since reaching full capacity in February.
Lagos sues Air Peace founder over ₦94 million tax dispute
Lagos State has sued Air Peace founder Allen Onyema over a ₦94 million tax claim in a high-profile enforcement action.
Innscor takes 27 percent stake in Tanganda after underwriting $8 million rights offer
Innscor Africa has secured a 27 percent stake in Tanganda Tea Company after underwriting the firm's $8 million rights offer.
South African billionaire Koos Bekker watches MultiChoice bleed as the empire he built fights for survival
Koos Bekker built DStv from an MBA thesis into Africa's biggest pay-TV empire. Now it is losing subscribers, channels and its identity.
Investor Memo: Fuel-Starved Nations Flock to Dangote — How the War Is Redrawing Africa’s Energy Trade Map
South Africa, Ghana and Kenya are lining up for fuel from Dangote's refinery as the Hormuz crisis enters its fourth week — we break down what this means for African energy trade, the IPO, and who holds the pricing power.
Tony Elumelu: The Dealmaker Who Won’t Stop Building — Macron’s Pick, Transcorp’s Record Year, and the Empire Behind Africa’s Most Visible Businessman
Macron tapped him for France's Africa coalition, his foundation just deployed $16 million, and Transcorp posted record revenue of $399 million — inside the empire and influence of Tony Elumelu.