Cameroon taps Koné Dossongui’s AFG Bank to refinance $89 million in state arrears
Cameroon is leaning on AFG Bank Cameroon, founded by Bernard Koné Dossongui, to refinance CFA50 billion ($89.4 million) in arrears.
Central and West Africa
Soldier’s killing of a 13-year-old puts Indian billionaire Sandesara brothers, Sterling Oil and Nigeria military abuses under fresh scrutiny
A boy is killed outside a guarded industrial compound in Akwa Ibom, drawing focus to Sterling Global and Nigeria’s lethal security culture.
Ivorian tycoon Jean Kacou Diagou reshapes NSIA banking arm
NSIA founder Jean Kacou Diagou reshuffles executives, elevating Gomez Konan and tightening governance as the bank readies new West Africa growth.
Inside Nigeria’s petrol price war: Sayyu Dantata’s MRS takes on NNPC with Dangote refinery fuel
Sayyu Dantata controlled MRS is selling petrol at 739 naira per litre, sharpening competition with NNPC across Nigeria’s retail market.
Olugbenga Agboola's Flutterwave acquires open banking startup Mono for over $25 million
Flutterwave CEO Olugbenga Agboola says buying Mono ties payments and open banking together, aiming to unlock faster lending and safer account transfers.
Sports betting billionaire Kunle Soname calls for referee reforms in Nigeria’s Premier Football League
Remo Stars owner Kunle Soname wants a weekly referee review panel, TV coverage and tougher sanctions to rebuild trust in Nigeria’s NPFL.
The late Nigerian billionaire Nuel Ojei built an empire from Mazda to EMO, then kept it out of the spotlight
From Mazda showrooms to EMO oil ventures, Nuel Ojei built a discreet conglomerate that touched Nigeria’s roads, ports and crude trade.
Custodian Investment chief Wole Oshin buys $2.3 million in shares in December trades
Custodian Investment chief Wole Oshin bought 87 million shares worth about N3.39 billion in December trades disclosed to the NGX.
Meet Olubunmi Peters, Nigerian businessman behind the $250 million deal for control of Eko DisCo
Olubunmi Peters is betting that new capital can turn Eko DisCo into a Lagos powerhouse.
Burna Boy’s “I Told Them…” tour tops $30.5 million, tracking site says
Burna Boy’s “I Told Them…” tour grossed $30.46 million from 302,801 tickets, Touring Data reports, a new high point for African touring.
Nigerian real estate tycoon Umar Abdullahi gifts employees $2.7 million in Cosgrove properties
At Cosgrove’s Abuja retreat, Umar Abdullahi approved ₦4 billion ($2.7 million) in properties for staff, linking rewards to faster delivery and growth in 2026.
Cameroonian tycoon Paul Kammogne Fokam's Afriland seeks partners for Liberian business
Afriland First Bank says it wants new partners for its Liberia unit, as reports cite a planned capital raise to spur local growth.
African unicorn Flutterwave eyes 2026 profitability, leans into stablecoins
Flutterwave CEO GB Agboola says the fintech is nearing profitability, betting on stablecoins and trade corridors after raising at least $475 million.
Ghanaian tycoon Joseph Siaw Agyepong’s Jospong targets Cameroon deals in waste-to-wealth push
Joseph Siaw Agyepong’s Jospong Group is in Cameroon with a waste-to-wealth pitch, offering recycling systems, training and investment.
Burkinabe tycoon Idrissa Nassa watches as Cameroon moves to take over SocGen unit
Cameroon is set to take control of Société Générale Cameroun, and Idrissa Nassa’s Coris Bank is positioning for what could come next.
Burkinabe tycoon Mahamadou Bonkoungou's EBOMAF denies report linking its jet to Benin coup leader’s escape
Ebomaf says no company aircraft carried Benin’s Lt. Col. Pascal Tigri after the failed coup, calling the report unverified and false.