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Globacom turns 23 this month, and Mike Adenuga still owns every single share of it. While MTN Nigeria and Airtel Africa listed and raised billions, and 9mobile changed hands twice, Glo stayed wholly private — and slipped from a genuine challenger to a distant third.
Oando just returned to profit — a ₦68.6 billion half-year — and its shares have fallen 28% since May. Both facts are correct, and the gap between them is the whole story.
Patrice Motsepe's African Rainbow Minerals is spending about $925 million to reopen a platinum mine it shut two years ago — a bet that the whole sector's retreat went too far. Inside a contrarian wager, and why the timing, not the thesis, is what's on trial.
Two Kenyan businessmen spent six years and a maze of holding companies fighting to control SportPesa. This week, filings showed an untraceable firm in the United Arab Emirates now holds 54% of the operator.
A record $363 million dividend, a 95% jump in profit, and a bet to become Nigeria's largest food manufacturer by next year. Inside Abdul Samad Rabiu's plan to win the staple-food market on sheer volume.
A European heatwave, an AfCFTA loophole and a $1 billion family conglomerate: how Abderrahmane Benhamadi's Condor is trying to turn Algeria into an exporter of something other than oil and gas.
Nassef Sawiris has crossed 55% of OCI Global and won his board's backing for a €4.10 all-cash offer. Inside the take-private — and the Orascom question riding alongside it.
He ran Gabon’s oil for 13 years, built a near-billion-dollar private energy empire from Geneva and has spent a decade trying to build Benin a trade corridor to the Sahel. This week, the first trains of that dream finally moved.
He was nearly Africa’s richest man — then Steinhoff’s accounting fraud erased billions in days. The methodical rebuild of a retail legend through Shoprite, Brait and Invicta, and an honest read of the fortune.
Francophone Africa’s richest man is staking nearly his entire ~$900 million fortune on an airline and two airports the state could not build.
He turned a few pounds — from a sold suit and a parcel of salvaged tablets — into one of Nigeria’s largest private industrial groups.
The Elsewedy Electric chief is turning Egypt’s cable champion into a pan-regional infrastructure and manufacturing force — from power lines to electric cars. Inside the empire, the expansion, and an honest read of the number.
East Africa’s only billionaire built a roughly $2.1 billion fortune buying what others had given up on — and fixing it. Inside the METL playbook, the man, and the ordeal that tested both.
The eldest Sawiris turned a telecom windfall into a gold-and-property empire built for turbulent times — and his net worth now depends on which index you read. Inside the holdings, the strategy, and the range.
A banker turned energy consolidator is building a self-reinforcing African conglomerate — and his move on Seplat is the most consequential yet. Inside the architecture, the catalyst, and why we decline to put a net-worth figure on him.
The three-vehicle architecture behind South Africa’s largest fortune — and why the Richemont headline understates it.