Will.i.am backs large concept models in new tech investment
His latest initiative centers on identifying and supporting young tech talent who can build these next-generation models.
Hot News
Wale Tinubu’s Oando strikes deal for Nigeria’s biggest solar project after Caribbean win
The project, expected to play a key role in Nigeria’s shift toward sustainable energy, will be executed by Oando Clean Energy, the renewable energy unit of Oando Energy Resources.
Jean Kacou Diagou: Founder of Côte d'Ivoire’s first banking-insurance group
He transformed Africa’s financial sector by founding NSIA Group, the first Ivorian banking-insurance conglomerate, now operating in 12 countries.
Ugandan tycoon Patrick Bitature suffers another legal defeat against South Africa’s Vantage
Ugandan tycoon Patrick Bitature suffers another legal defeat against South Africa’s Vantage
Africa’s richest man Aliko Dangote’s refinery halts petroleum products sales in naira
The decision follows a major policy shift by NNPC, which scrapped the naira-for-crude oil swap deal just ten days ago.
Ghanaian logistics tycoon McKorley donates food to 7,000 widows in Accra
Daniel McKorley’s latest donation comes at a time when soaring living costs have made it harder for many families to afford basic necessities.
Davido balances Afrobeats stardom with role in father’s billion-dollar power company
Away from the bright lights and sold-out arenas, Davido plays a key role in his family’s billion-dollar power company, Pacific Energy Company, a top player in Nigeria’s power sector.
Patrice Motsepe’s ARC Investments to re-domicile to South Africa after buyout
The move is aimed at consolidating control, unlocking shareholder value, and streamlining operations.
U.S.-Nigerian telecom tycoon Sam Darwish-led IHS reports lower 2024 revenue at $1.7 billion
The decline in revenue—driven largely by the devaluation of the Nigerian naira—underscores the financial challenges facing the company despite strong operational growth.
South African executive, Gary Nagle, leads Glencore to $231 billion revenue in 2024
Despite the topline growth, adjusted EBITDA dropped 16 percent to $14.4 billion, weighed down by lower energy coal prices.
7 companies owned by Egyptian billionaire Yasseen Mansour
Egyptian billionaire Yasseen Mansour’s vast empire spans real estate, automotive, retail, and finance, solidifying his influence in Egypt’s economic transformation.
African Bank, led by Kennedy Bungane, completes $28 million Grindrod unit deal
African Bank completes a $28 million Grindrod asset deal, expanding its portfolio with loans, property stakes, and mortgage bonds in South Africa’s financial sector.
Africa’s richest man Aliko Dangote unveils new industrial projects in Nigeria
Aliko Dangote plans to build Nigeria’s largest seaport at the Olokola Free Trade Zone and resume work on a delayed 6-million-ton cement plant in Ogun.
South African billionaire Patrice Motsepe’s $160 million phosphate mine faces legal battle
The lawsuit challenges the decision to dismiss appeals against an offset exemption granted to Elandsfontein, which is 90 percent owned by ARM through Kropz Plc.
South African tycoon Mike Teke’s Seriti unveils new coal mine, 300 jobs to follow
With this new mine, Seriti cements its lead as the largest black-controlled coal producer while securing a stable, long-term coal supply for power stations.
Banking tycoon Idrissa Nassa expands Coris Bank to Gabon, strengthening African footprint
This move is part of the bank’s broader strategy to strengthen its position among Africa’s top financial institutions.