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Richemont’s Q1 sales hit $6.3 billion, fueled by strong jewelry demand in Europe, the Americas, and the Middle East, offsetting weaker watch sales and flat Asia trends.
Kenyan court restores $77 million estate to Kanyotu family, voids fraudulent sale of 500-acre land in Ruiru after forged documents exposed.
Femi Otedola reveals lessons, risks, and defining moments in business in his long-awaited autobiography.
Omar Rebrab barred from business roles as Algeria’s central bank enforces freeze amid misconduct probe.
Nicky Oppenheimer gains $1 billion, lifting his net worth to $12.6 billion through investments in industry, finance, and African conservation.
Gideon Muriuki, CEO of Co‑operative Bank of Kenya, has boosted his personal stake in the lender by acquiring an additional 12 million shares valued at KSh 202.8 million (approximately US $1.57 million) — raising his stake from 2% to 2.2%.
Royal heirs grow Sijuwade family fortune to $240 million through energy, real estate, and construction investments across Nigeria and beyond.
Ninety One, led by Hendrik du Toit, hit $187.9 billion in AUM as of June 2025, reflecting global momentum, strategic acquisitions, and strong client inflows.
The expansion supports Rainoil’s “Road to 400” push to scale its nationwide fuel retail network and boost petroleum access in urban and underserved markets.
Natie Kirsh-backed consortium ups Abacus Storage King bid to $1.42 billion, intensifying takeover battle.
Globacom teams up with Wave5 to deploy public Wi-Fi in Lagos, aiming to ease congestion and expand digital access.
Pick n Pay’s recent rally lifts Ackerman family’s stake above $185 million, reversing May losses.
That staggering imbalance is at the heart of a new Oxfam report that lays bare the depth of inequality spreading across the continent.
Accelerate Property Fund may write down R800m debt tied to Fourways Mall deal as it opens a $5.57 million rights offer amid stalled restructuring talks.
This infrastructure will enhance logistics for Dangote’s fertilizer and oil refinery operations, including planned exports of liquefied natural gas (LNG).
Coty CEO Sue Nabi’s stake rose to nearly $160 million after a nearly 9% stock increase, signaling growing investor confidence in the beauty giant’s direction.