Nigerian billionaire Aliko Dangote will give a third of his fortune to charity - $11.6 billion today
Aliko Dangote will leave a third of his fortune to charity. That is $11.6 billion today, before his refinery reaches the market.
African Billionaires
Tycoon Moh Damush's Telecel Group bids for TalkTalk's UK wholesale telecom arm
Telecel Group, the pan-African operator co-founded by Moh Damush, has bid for TalkTalk's UK wholesale arm in a deal worth up to £450 million.
French prosecutors fly to Mauritius to question Madagascar tycoon Mamy Ravatomanga
France's Parquet National Financier has sent prosecutors to Mauritius to personally question Mamy Ravatomanga as his legal troubles continue to expand across Madagascar, Mauritius and France.
Jean-Louis Billon built a $1.2 billion palm oil empire, then chased Ivory Coast's presidency
He built his family's plantation roots into a $1.2 billion palm oil and rubber empire, then turned his ambition toward Ivory Coast's presidency. T
Egyptian billionaire Naguib Sawiris met Syria's president in Damascus to resolve investments he lost under the Assad regime
Egyptian billionaire Naguib Sawiris has met Syria's new president in Damascus as he seeks to resolve outstanding financial claims in the country.
Egyptian billionaire Nassef Sawiris makes unsolicited bid to take chemical giant OCI Global private at EUR 4.10 per share
Egyptian billionaire Nassef Sawiris has launched an unsolicited all-cash offer of EUR 4.10 per share to take nitrogen producer OCI Global private and end a prolonged corporate impasse.
Inside Zimbabwean mogul Wicknell Chivayo's R160m Clifton home — Black Coffee's new neighbor
Zimbabwean businessman Wicknell Chivayo has dropped $8.7m on a SAOTA-designed Clifton mansion, his most striking real estate move yet.
Ivorian tycoon Jean Kacou Diagou's NSIA Group secures $34.2 million from UK development finance to expand SME lending
Jean Kacou Diagou's NSIA Banque Côte d'Ivoire has signed a €30 million facility with British International Investment to expand SME lending across the country.
ExecuJet Africa is pushing into ultra-long-range jets as Africa's wealthy appetite for private aviation grows
ExecuJet Africa is moving into ultra-long-range aircraft management, evaluating the Gulfstream G550 and Dassault Falcon 7X as demand from Africa's wealthy clients accelerates.
Standard Bank's new report reveals how Africa's wealthiest think about money and why it differs from the West
A new Standard Bank report released June 4 reveals how Africa's wealthiest think about money, risk and wealth transfer in ways that differ sharply from Western norms.
Angola stripped Isabel dos Santos of a $2 billion empire. She now posts poolside videos from Dubai
Courts across Angola, Portugal, the UK and the US have frozen billions in assets belonging to Isabel dos Santos, who lives in Dubai and has never been convicted of a crime.
Floyd Mayweather earned over $1 billion as a boxer. A $340 million lawsuit and IRS liens are now shadowing that empire
Floyd Mayweather earned more than $1 billion in boxing. In 2026, IRS liens, a $340 million lawsuit and asset sales are raising serious questions about what remains.
South Africa's Dis-Chem faces nationwide boycott calls after heir Mark Saltzman clashes with journalist over Palestine
Dis-Chem faces growing boycott calls after shareholder Mark Saltzman clashed with journalist Redi Tlhabi on social media over Palestine posts, drawing public anger at the pharmacy chain.
Kenyan banker James Mwangi eyes bank acquisitions along the Lobito Corridor for Equity Group
Equity Group CEO James Mwangi told Reuters the bank is targeting acquisitions in Angola, Zambia and Mozambique as it follows the Lobito Corridor trade route south.
Meet Sébastien Ajavon, Benin's exiled "king of chicken" who fell out with Patrice Talon
Beninese billionaire Sébastien Ajavon built West Africa's largest frozen poultry empire before falling out with Patrice Talon and going into political exile in France.
Rwandan President Paul Kagame tells 2,800 business leaders Africa is rich in everything except leverage and must learn to say no
Paul Kagame opened the Africa CEO Forum in Kigali by attacking minerals coercion and telling 2,800 business leaders Africa must stop waiting to be ripped off.