Discovery co-founder Adrian Gore sees $60 million rebound in stake
The surge follows a strong rally in Discovery’s share price on the Johannesburg Stock Exchange (JSE).
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Johann Rupert’s net worth rises by $488 million in 24 hours
The boost further cements his position as Africa’s second-richest person, behind Nigerian industrialist Aliko Dangote.
Strive Masiyiwa’s Cassava strikes deal to support AI growth in Africa
The partnership marks a strategic move by Cassava to deepen its commitment to digital transformation in Africa through scalable AI solutions.
Saki Macozoma sells manganese assets to Exxaro in $638 million deal
The transaction was executed through his investment company, Ntsimbintle Holdings, in partnership with Singapore-based OM Holdings.
Edita chairman Hani Berzi loses $7 million as shares fall
The decline stems from a steep fall in the company’s share price on the EGX, reflecting growing investor caution.
Peter Ndegwa leads Safaricom to historic $3 billion revenue
Safaricom posted $3.01 billion in revenue, marking a historic first in East Africa, as it eyes tech-driven growth in Kenya, Ethiopia, and beyond.
Baloobhai Patel linked-Absa Kenya backs $52 million student housing in Nairobi
Absa Bank Kenya, partly owned by investor Baloobhai Patel, is backing a $52 million student housing drive to ease Nairobi’s 300,000-bed deficit.
Firm linked to World’s richest Black man acquires Kenya’s oldest tour company
This reflects the growing appeal of Kenya’s tourism sector to international investors.
South Africa’s richest man gains $800 million in less than a month
This boost brings his year-to-date net worth increase to $1.67 billion, making him the only African billionaire whose fortune has grown by over $1.5 billion in 2025.
Ralph Mupita leads MTN Group to $2.6 billion revenue in Q1 2025
This impressive turnaround comes from growth across its key markets, particularly in Nigeria and Ghana.
Nigeria’s 7 richest royal families
Their businesses not only fuel the economy but also create jobs, foster community development, and drive inclusive growth.
Stephen Brookes' Balwin posts $120 million revenue in 2025
Balwin posted $120.6 million in revenue for FY2025, down 6%, as rate cuts in H2 fueled an 8% profit rise despite sluggish apartment sales.
Eaton, led by Craig Arnold, plans $18.5 million aerospace facility expansion
The project targets rising military, aerospace, and space demand while strengthening Eaton’s role in critical infrastructure and growth industries.
Jaswant Rai to invest $43.3 million in recently acquired Nzoia Sugar
Kenya’s Jaswant Rai to invest $43.3 million in reviving Nzoia Sugar, aiming to modernize operations and boost cane development under a 30-year lease.
Safwan Thabet's stake in Juhayna slumps below $300 million
Thabet has watched the value of his stake slump by $44.99 million over the past 26 days. His holdings are now worth around $260 million.
Mike Adenuga exports new Nigerian crude grade to international market
The Obodo blend is a medium sweet crude extracted from the onshore OML 150 block, operated by Continental Oil & Gas Limited, one of Conoil Producing’s units.