African Wealth Briefing — Tues., June 16, 2026
Hassanein Hiridjee's Axian Telecom lands a €170 million EBRD loan to wire two more African markets. James Mwangi quietly adds $8 million on his Equity stake.
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Hassanein Hiridjee's Axian Telecom lands a €170 million EBRD loan to wire two more African markets. James Mwangi quietly adds $8 million on his Equity stake.
Rob Hersov tells the mines minister to fix the sector or forfeit the country's future. Robert Gumede nears a deal to resolve the Tongaat Hulett crisis.
A Sunday week-in-review: the deals, reversals and milestones that moved African fortunes this week — from Dangote's march toward $40 billion to a wave of energy consolidation.
The world mints its first trillionaire. On the continent, Aliko Dangote's 2026 giving tops $47 million and Sandile Zungu's nickel mine roars back to life.
Johann Rupert’s Remgro wins control of 50 hospitals in a $950 million deal. Kwabena Adjei’s Kasapreko doubles its IPO target ahead of Monday’s listing.
Egypt’s MNT-Halan hits a $1.4 billion valuation. Magda Wierzycka launches an AI fund she half-wishes she didn’t have to.
Jim Ovia trades the bank chairmanship for Lagos luxury towers. Tony Elumelu plants a Nigerian flag in Ethiopia.
Patrice Motsepe loses $700 million in three months as gold turns. Three Angolan tycoons block Chevron to claim a $260 million prize.
Dangote nears $40 billion after a $6.8 billion year. Johann Rupert wins a $139 million Stellenbosch land fight.
A new Standard Bank study on how Africa's wealthy think about money — and a look back at a busy week of deals, courtrooms, and succession questions.
Anna Mokgokong signs a $1.35 billion LNG deal at the Port of Ngqura. Dangote's refinery pushes past its own nameplate to 700,000 barrels a day.
Patrice Motsepe weighs walking away from CAF to chase South Africa's presidency. Morocco's palace quietly plans for life after Othman Benjelloun at Bank of Africa.
Jim Ovia's Zenith Bank stake climbs to $643 million as the naira firms. Ghana's Kasapreko closes its GH¢700 million IPO ahead of a June 17 listing.
Stephen Saad gains $33.5 million in a single session as Aspen completes its R27 billion APAC sale. Michiel Le Roux's R58 million DA gift becomes the largest individual political donation in South African history.
James Mwangi's Equity Group plans two DRC insurers as its Congo bank's profit jumps 58%. Wale Tinubu's Oando finally sets a June 12 date for its delayed 2025 audit.
James Mwangi's Equity Group plans two DRC insurers as its Congo bank's profit jumps 58%. Wale Tinubu's Oando finally sets a June 12 date for its delayed 2025 audit.