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American billionaire Sergey Brin lost about $29 billion on paper as Alphabet shares plunged more than 12% in their worst day since the company’s 2004 IPO.
Italian billionaire heir Leonardo Maria Del Vecchio vowed to keep his father’s empire Italian after Czech billionaire Michal Strnad offered $34.8 billion for Delfin.
Kenyan tycoon Manoj Shah built Osho Chemical Industries from six staff into a five-country business, and says a stroke finally taught him to slow down.
Nigerian tycoon Nonso Okpala’s VFD Group nearly doubled nine-month profit to N13 billion, as investment income jumped 52.6% and fee income nearly quadrupled.
Aliko Dangote's net worth climbed to $55.4 billion after Dangote Cement rose to a record and overtook Airtel Africa as Nigeria's most valuable listed company.
GoTyme Bank, the former TymeBank backed by Patrice Motsepe's African Rainbow Capital, has passed 13 million customers and plans a credit card in 2027.
Harith, the investment firm co-founded by Tshepo Mahloele, has won approval to buy FlySafair, South Africa's biggest airline, in a deal worth about R7 billion.
BUA Cement, controlled by Nigerian billionaire Abdul Samad Rabiu, lifted nine-month profit 60% to ₦463.1 billion as revenue topped ₦1 trillion.
Jaswant Rai's West Kenya Sugar plans a Sh4.2 billion factory in Nandi County, extending the Rai family's hold on Kenya's sugar industry.
Madagascar billionaire Hassanein Hiridjee’s AXIAN Energy has joined Guinea’s Khoumagueli solar project, with construction targeted for 2027.
American billionaire Ross Perot Jr. says the AI boom has left the US with just 15 to 20 vacant giant warehouses, down from a more typical 50.
Seplat Energy, the Nigerian oil producer 21% owned by Tony Elumelu's companies, earned $260.2 million in nine months and lifted its dividend.
Elon Musk says SpaceX can build a US mobile network in two or three years; Verizon’s CEO says four to six years and $500 billion.
American billionaire Sergey Brin’s Alphabet posted $127.6 billion in quarterly revenue as Google Cloud doubled, but its shares slid after hours on spending fears.
Nigerian tycoon Fidelis Ayebae’s Fidson Healthcare lifted nine-month profit 47% to N11.74 billion as revenue rose 21% and currency losses nearly vanished.
A Kenyan court has reopened the fight over late tycoon Stanley Githunguri’s $14 million estate, overturning an order that protected the family’s properties.