African Wealth Briefing — Wed., Sept. 2, 2026
Jannie Mouton, one of South Africa's most admired investors, admitted that unbundling PSG's Capitec stake in 2003 cost the firm $1.4 billion — a rare confession of the one that got away.
Newsletter
African Wealth Briefing — Tues., Sept. 1, 2026
Nigeria's oil refining just posted its strongest quarter on record, up 43.94% — and Aliko Dangote's refinery is the only reason.
African Wealth Briefing — Mon., Aug. 31, 2026
An Angolan independent used a legal right of first refusal to snatch two of Chevron's oil blocks from a London-listed bidder — the clearest sign yet that as the majors retreat, African oil is passing into African hands.
African Wealth Briefing — Fri., Aug. 28, 2026
Koos Bekker, author of perhaps the greatest venture bet in history, set his 2028 retirement — in a room of investors revolting over the structure that keeps Naspers trading below the value of its assets.
African Wealth Briefing — Mon., Aug. 24, 2026
Morocco's royal family holds $17.5 billion of the country's listed companies through one vehicle, Al Mada — and the kingdom minted a brand-new billionaire the same week.
African Wealth Briefing — Fri., Aug. 21, 2026
Nassef Sawiris lifted his OCI stake to 57.5%, closing in on taking private the chemicals empire he spent two years dismantling. And Aliko Dangote is $5 billion richer as his refinery became Europe's biggest supplier of jet fuel and diesel after the Strait of Hormuz closed.
African Wealth Briefing — Mon., Aug. 17, 2026
Nathan Kirsh, a 94-year-old few outside the trade had heard of, crossed $20 billion — the third African ever — after agreeing to sell his cash-and-carry empire to Sysco for $29.1 billion.
African Wealth Briefing — Thurs., Aug. 13, 2026
Christo Wiese, who built Africa's largest retailer, says Pick n Pay fell behind for one reason: it paid dividends instead of reinvesting. And MSC, the world's biggest shipping line, has committed to a 45-year, billion-dollar terminal at Maher Jarmakani's private Lagos port.
African Wealth Briefing — Mon., Aug. 10, 2026
Egypt's MNT-Halan will list only its Egyptian arm, at up to $1 billion, keeping its Turkish, Pakistani and Gulf businesses private. And Julius Rone is targeting September for the go-ahead on Nigeria's first floating LNG plant — built to capture gas the country has spent decades burning off.
African Wealth Briefing — Fri., Aug. 7, 2026
Nicky Oppenheimer sold De Beers for $5.1 billion in 2011; the whole company is now being sold for about $1 billion — one of the best-timed exits in business history. And Femi Otedola's bank rally rolls on, his First HoldCo stake crossing $1.2 billion at a record N140.
African Wealth Briefing — Mon., Aug. 3, 2026
Femi Otedola signals he wants outright control of Nigeria's most valuable bank — after pouring in $432 million and gaining $106 million in four days.
African Wealth Briefing — Sat., Aug. 1, 2026
Angola turned an asset it seized from Isabel dos Santos into the largest IPO in its history. And Patrice Motsepe's near-billion-dollar platinum bet drew a rare vote of doubt, as the market marked his miner down 21% while its rivals rose.
African Wealth Briefing — Tues., July 28, 2026
Aspen is handed a once-monthly HIV pill for 129 countries, royalty-free. Africa's biggest betting brand vanishes into an untraceable UAE firm. And the family that got rich on the wells the majors abandoned heads for a Paris courtroom.
African Wealth Briefing — Fri., July 24, 2026
Johann Rupert walks away from a major deal and buys his own shares instead. Patrice Motsepe reopens the platinum mine he shut. And Aliko Dangote's refinery runs at half speed just as Nigeria's petrol imports triple.
African Wealth Briefing — Tues., July 21, 2026
Femi Otedola's First HoldCo overtakes Zenith and GTCO to become Nigeria's most valuable bank — and his stake tops $700 million. Meanwhile Nassef Sawiris' Aston Villa banks a record $157 million, and the continent's fortunes keep working.
African Wealth Briefing — Thurs., July 16, 2026
Femi Otedola's First HoldCo stake hits a record $530 million as the bank's shares surge. And Dangote's $17 billion Lamu refinery draws its first organised opposition, with Greenpeace demanding a halt.