Indian billionaire family-linked Savannah Energy strikes gas at a second Nigerian well
Savannah Energy struck gas at a second Nigerian well, but its shares stay suspended over late accounts and net debt sits at $672 million.
Indian billionaires
Billionaire Mukesh Ambani is taking on India's ice cream giants at 11 cents a cup
Billionaire Mukesh Ambani is entering India’s crowded ice cream market with Bombay Creamery, using ₹10 starting prices and Reliance’s vast retail network to challenge established brands.
Indian father and son hold $186 million stake in Nigeria’s Mecure Industries as shares surge 239%
Mecure shares surged 239% in under three months, pushing Samir and Arjun Udani’s combined stake to about N266.7 billion.
Soldier’s killing of a 13-year-old puts Indian billionaire Sandesara brothers, Sterling Oil and Nigeria military abuses under fresh scrutiny
A boy is killed outside a guarded industrial compound in Akwa Ibom, drawing focus to Sterling Global and Nigeria’s lethal security culture.
Led by Ivorian banker Tiemoko Yade Coulibaly, Societe Generale Cote d’Ivoire loses $42.6 million in three days
Societe Generale Cote d’Ivoire SA is an Ivory Coast-based bank offering financial products and services.
Indian billionaire Sunil Bharti Mittal buys back minority shares in unlisted Nigerian subsidiary
Airtel Nigeria is the most profitable subsidiary of Airtel Africa, a leading telecom and mobile money services provider in Africa.