Africa's millionaire population grew 4.1% on gold prices as global wealth hit $98.3 trillion
Africa's millionaire population grew 4.1% in 2025 on higher precious metal prices, with Morocco the fastest-growing market at 16.8%.
Africa
Jim Ovia, Ogunlesi, Mwangi and Jonah named Lifetime Achievement winners at ABLA 2026
Jim Ovia, Adebayo Ogunlesi, James Mwangi and Sam Jonah have been named Lifetime Achievement Award winners at the 16th African Business Leadership Awards 2026.
INOXGFL Director Devansh Jain announces Skypower Services acquisition, targets 2.5 GW Africa solar
Inox Clean and RJ Corp form joint venture to acquire Skypower Services MENA and target 2.5 GW renewable capacity in Africa.
valU founder Walid Hassouna tops $174m African startup funding in January 2026
African startups raised $174 million in January, extending a fourth year trend of tighter funding as investors concentrate capital on fewer, larger deals.
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.
MacKenzie Scott pours $385 million into Africa: who got it and what’s working
Between 2019 and 2024, MacKenzie Scott gave $385 million to Africa-based groups. We track the ten biggest beneficiaries and what’s changed.
From Sanctions to Strategy: Kirsan Ilyumzhinov’s Reemergence and African Mission
Freed from sanctions, former FIDE President Kirsan Ilyumzhinov is turning to Africa to fuse chess, education, and cosmic vision into a new blueprint for global leadership.
One Earth, One Game, One Mind: The Cosmic Philosophy of Kirsan Ilyumzhinov
From Buddhist steppes to African villages, Ilyumzhinov shares why saving Earth means saving the cosmos.