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Aliko Dangote's decision to lean toward Mombasa over Tanzania's Tanga port for a $15-17 billion East African refinery is the public crystallization of a regional political rift building for weeks.
Macron's $27 billion Nairobi summit is the deliberate end of Françafrique and the substitution of private-sector European capital for the public-sector colonial architecture that preceded it.
Abdul Samad Rabiu has added $8.88 billion to his Bloomberg-tracked wealth in four months. The structural story is the 2.31 percent free float — and what it means for foreign investors trying to access BUA.
Aliko Dangote now has three parallel equity vehicles in motion — cement London listing in September, refinery IPO in June-July, and the Kenya vehicle. A position-sizing framework for Elite subscribers.
Aliko Dangote's Kenya-based investment vehicle is a test of whether African industrial capital can be mobilized from within the continent at meaningful scale, addressing $60 billion in annual capital outflow.
Rostam Aziz's Taifa Group is taking equity in Toronto-listed Lake Victoria Gold and running construction at its Imwelo project — an archetype of African operator capital backing junior gold development.
Nedbank's $751 million NCBA acquisition restructures the Kenyatta family's banking wealth and signals a working template for South-Africa-driven East African banking consolidation.
Aliko Dangote's IFC conversation with Makhtar Diop unveiled a 20,000MW power plan and a $20 billion dividend promise — a reframing of the refinery IPO into an African industrial conglomerate offering.
Kenya's Auditor-General has flagged Jaswant Rai's 30-year Nzoia Sugar lease as opaque — no handover document, no asset valuation, no public lease contract.
Mohammed Al-Amoudi's MIDROC has signed a master agreement with Dubai-based First Group Hospitality to develop 10 Marriott-branded hotels across Ethiopia between 2026 and 2031.
Nestoil's $2 billion bad debt has triggered a CBN dividend suspension at UBA, Access, and FCMB, signaling the end of post-2014 forbearance in Nigerian banking under Governor Cardoso.
Hassan Allam met Syrian President al-Sharaa at the People's Palace on May 4, putting Egypt's 90-year-old construction giant at the front of a pan-Arab push into a $400 billion reconstruction market that Saudi, Qatari, Emirati, and Turkish firms have been positioning around for two years.
ATAF released continental HNWI tax guidelines on April 27 as African revenue authorities scale up dedicated wealth-tax enforcement. Oxfam estimates the policy could raise $66 billion annually.
The Dangote Refinery IPO is on track to open subscription in May, with a Nigerian Exchange listing targeted between June and July. Today's Investor Memo lays out the structural questions Elite subscribers should be asking before the prospectus drops.
The UAE has formally exited OPEC effective May 1, removing the cartel's third-largest producer with 4.8 million bpd capacity from the framework that has structured global oil markets for nearly six decades. The implications for Africa's six remaining OPEC members are not favorable.
Sumitomo is paying $418 million to walk away from the Ambatovy nickel mine after $2.6 billion in cumulative losses, with a Jersey-based consortium led by former Glencore nickel head Jason Kluk and South African investor Sandile Zungu taking over.