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Dangote says every African should own a share in his refinery IPO, Otedola's FirstHoldCo surges 32 percent to lead Nigeria's bank stocks, and Benedict Peters deploys three aircraft to map Madagascar's minerals for free.
Masiyiwa's Liquid retires a $620 million bond and raises $300 million fresh, Tosyali launches a $2.5 billion Algeria steel push, Samih Sawiris deploys $235 million into Morocco tourism with Emirati partners, and Dangote Sugar shareholders approve a N500 billion rights issue.
Dangote's refinery fights a crude squeeze as Nigeria ships 55.39 million barrels, a court lifts the EFCC shield on Nestoil Group's $1 billion debt dispute, and Mike Adenuga turns 73 — plus our new Investor Memo maps how the Iran war is repricing every African upstream asset in real time.
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.