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Nassef Sawiris quietly lifts his Orascom Construction stake to 43.39 percent, Hassan Allam acquires Metito's engineering arm to build an Africa-wide water infrastructure platform, and GCB Bank's dividend hands Daniel Ofori a $1.66 million payout.
Rupert's Richemont bails out Delvaux with a €100.6 million debt-to-equity conversion, Hiridjee's AXIAN Telecom crosses $1.69 billion in revenue, Gary Lubner eyes a $1 billion Belron IPO windfall, and a Kenyan Senate probe names Mohamed Jaffer in an alleged fuel crisis scheme.
Arthur Eze's Oranto sells 75 percent of São Tomé Block 3 to Petrobras, Glencore and Motsepe's ARM overturn a SARS diesel refund ruling, and Dangote commits N500 billion to close Nigeria's 1.2 million-tonne sugar import gap.
Forbes counts 27 Black billionaires worth $121 billion combined and we profile the five youngest.
Dangote makes TIME100 with Elumelu writing the tribute.
Benjelloun's O Capital delivers Morocco's tallest building, Musk alleges bribery in South Africa's Starlink licensing rules, and Masiyiwa unveils a $1 billion tech city near Harare.
Dangote formally appoints Stanbic IBTC, Vetiva and FirstCap for his pan-African refinery IPO, Lafarge Africa votes to rebrand as HBM Nigeria after a Chinese takeover, Otedola wins Axiom Gold for his memoir, and McKinsey puts Africa's banking market at $107 billion.
The WeBuyCars brothers take JSE-listed RMH private for R654 million, Kate Fotso invests $28.3 million in a Cameroon brewery to challenge Castel Group, and Koos Bekker's Somerset hotel launches a garden festival funded by $334 million in Naspers share sales.
Dangote turns 69 as NNPC doubles crude supply and the $100 billion expansion plan takes shape, SARS targets high-wealth trust structures with new lifestyle audit powers, and Italy honors Naguib Sawiris.
Oando raises $750 million for a 100-well drilling campaign that could triple output, Financial Mail's cover asks whether Kirsh could have built his $29 billion empire in South Africa, and we profile Nasir Qadree's $186 million Zeal Capital portfolio.
Masiyiwa's Econet InfraCo unveils a luxury Victoria Falls resort with 40 villas and a private hospital, Olakunle Williams's Tetracore Energy closes in on billion-dollar status in just five years, and Haco Industries enters Ghana on a lean joint-venture model.
Twin profiles of Lo Toney's Plexo Capital playbook and portfolio, Marlon Nichols's $600 million venture empire built on Blavity, Gimlet and Truebill, and Michael Jordan's Sarasota dining club expanding before it has even opened.
Zenith Bank CEO Adaora Umeoji's 285 million-share stake is now worth $21 million, plus diaspora profiles of Charles Phillips, Tammy Jones and Paul Judge — and our April Investor Memo on the Kirsh Effect remains available for Elite subscribers.
Five African stock exchanges meet in Lagos to plan a cross-border Dangote Refinery listing, Otedola and Dangote meet Tinubu on Easter Sunday, and our April Investor Memo breaks down what Nathan Kirsh's $17 billion fortune reveals about Africa's real wealth map.
Nathan Kirsh lost everything in 1986, kept one Brooklyn grocery store, and spent 50 years building it into a $29.1 billion empire — now he is Africa's second richest person at $17.1 billion, and we tell the full story.
Obama adviser Robbie Robinson built a $900 million platform backing diverse founders after years advising America's richest families — we profile the six companies behind his MarcyPen empire.