The quiet Benin-born engineer who built a $900 million African oil empire nobody saw coming
A Benin-born engineer who once ran Gabon's hydrocarbons office quietly built a private empire worth nearly $1 billion through Petrolin Group.
Africa Billionaires
Aliko Dangote turns 69 commanding a $32.5 billion fortune and Africa's most consequential industrial empire
Aliko Dangote turns 69 today commanding a $32.5 billion fortune, Africa's largest cement producer and a refinery operating at 650,000 barrels per day.
Meet Olakunle Williams, the visionary billionaire reshaping Africa's gas and energy sector
Olakunle Williams built a billion-dollar gas empire in five years. Here is how Tetracore Energy Group became one of Africa's most powerful energy companies.
Italtile founder Ravazzotti’s $420-million stake feels heat as ceramics market slows
Giovanni Ravazzotti’s fortune sways with Italtile’s fortunes as the ceramics market faces its toughest trading climate in years.
Co-op Bank Kenya CEO Gideon Muriuki raises stake with $1.57 million share purchase
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%.
Meet Abdul Satar Dada: Botswana's business tycoon and philanthropic visionary
Abdul Satar Dada, a prominent entrepreneur and philanthropist, has shaped Botswana’s economic and social landscape for over six decades, earning recognition as one of the country's most influential figures.
Isabel dos Santos condemns Angolan legal actions as politically motivated
Angolan authorities pursue charges; dos Santos claims political agenda.
7 businesses owned by Nigerian senator and mogul Orji Uzor Kalu
Orji Uzor Kalu's business portfolio spans media, shipping, finance, and more. Here are seven key ventures that define his success as a Nigerian entrepreneur.
BUA Chairman Abdul Samad Rabiu blames middlemen for high cement prices
Rabiu explained that middlemen inflated prices, preventing savings from reaching consumers, impacting families and fueling a nationwide housing crisis.
Egyptian businessman Ahmed Ezz gains nearly $45 million from Ezz Steel stake
This surge follows a previous increase of EGP5.28 billion ($113.13 million) between May 12 and 21.
Naguib Sawiris-led Orascom Financial Holding swings to consolidated loss in Q1 2024
Orascom Financial Holding has reported a consolidated net loss of EGP 22.81 million ($479,062.20) for Q1 2024.
Vodacom, led by South African exec Shameel Joosub, deploys world first mobile radio equipment in Egypt
Vodacom Group led by leading South African executive Shameel Joosub has announced the successful deployment of a world-first triple-band mobile radio unit.
Beyond the Basketball Court: Chris Bosh’s Multifaceted Success Story
Bosh’s journey from a Texas high school sensation to an NBA legend is a tale of talent, determination, and resilience.
Companies owned by Morocco Prime Minister Aziz Akhannouch
From the multibillion-dollar Akwa Group to influential ventures in chemicals, mining, tourism, and media, discover the man behind the $1.7-billion fortune.