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.
Central and West Africa
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.
Nigeria courts private-sector support for innovation as minister meets billionaire Arthur Eze
Nigeria’s innovation minister wants business leaders at the table, betting new partnerships can turn research into factories, jobs and exports.
Nigerian investor Michael J. Prest challenges Bank of Zambia over Investrust liquidation
Michael J. Prest’s BONI Global says a settled Investrust share purchase was later denied, leaving investors asking what protections exist in Zambia.
Cameroon pauses move to seize MTN Mobile Money pool funds in case linked to Baba Danpullo
Cameroon has paused a recovery effort aimed at MTN’s Mobile Money pool account at Afriland, easing pressure in the Danpullo-linked dispute.
Yomi Jemibewon’s CardinalStone seeks $120 million for West Africa SME push
CardinalStone Capital Advisers is raising a $120 million fund to back West African SMEs, led by co-founder and investor Yomi Jemibewon.
Nigeria's richest woman Folorunsho Alakija donates $23 million hospital to university
Folorunsho Alakija donated a N34 billion, 250-bed hospital to UNIOSUN, as Osinbajo urged Nigeria to curb medical tourism and train doctors at home.
Africa’s richest man Aliko Dangote pledges 25 percent of wealth to foundation
Aliko Dangote pledges 25 percent of his $30 billion wealth to fund education, health, and economic programs across Africa.
Ghanaian entrepreneur Beatrice Mensah-Tayui to pay $17 million for oil block in Guyana
Mensah-Tayui's Cybele Energy has clinched Guyana’s shallow-water Block S7, becoming the first African explorer to secure offshore acreage in the booming oil state.
Nigerian billionaire TY Danjuma launches Lagos logistics hub to speed movement of goods across West Africa
Former defense minister Theophilus Danjuma has launched TY Logistics Park in Lagos, a grade-A hub meant to speed goods across West Africa.
Nigerian beverage mogul Adegunwa says investing in education pays the best dividends
At Summit University’s convocation, Chancellor Sulaiman Adegunwa says every naira put into quality learning yields returns Nigeria can’t afford to ignore.
CFO of the Year Sam Nwanze of Heirs Energies on billion-dollar risks, resilience and African energy finance
Sam Nwanze reflects on the high-stakes decisions, crises and philosophy of Africapitalism that shaped his rise to CFO of the Year in African energy.
How This Nigerian Couple Turned 50 Bags of Cement Into a Multi-Million-Dollar Retail, Logistics, and Oil Empire
Twinsfaja Group began with just 50 bags of cement on credit and a single motorcycle for deliveries. Today, Taiye and Kemi Fajana run a multi-million-dollar retail, logistics and oil empire across Lagos, Ogun and Kwara.