African Wealth Briefing — Mon., May 18, 2026
Aliko Dangote sues Nigeria's government over fresh petrol import licenses, escalating the refinery "mafia" fight to court at the exact moment the refinery IPO subscription window approaches.
Newsletter
African Wealth Briefing — Sun., May 17, 2026
AngloGold Ashanti dethrones Naspers as Africa's most valuable listed company at $50 billion; Kagame tells Africa CEO Forum to learn to say no; Tony Elumelu and Mohammed Dewji make TIME100 Philanthropy; Co-op Bank posts best-ever quarter.
African Wealth Briefing — Sat., May 16, 2026
Abdul Samad Rabiu wins CEO of the Year at the Africa CEO Forum and tells African leaders to get serious; Appolinaire Compaoré dies at 73; long-form profiles of Shingi Mutasa and Zandré Campos; LVMH explores $2 billion Fenty Beauty exit.
African Wealth Briefing — Fri., May 15, 2026
Aliko Dangote rejects NNPC bid to raise its stake in the $20 billion Lekki refinery; Sunil Mittal bets $2.9 billion on African telecoms; Ogunlesi-BlackRock back South Africa with $28 billion; Kenny Fihla rebuilds Absa into Africa's deal bank.
African Wealth Briefing — Thurs., May 14, 2026
Norway's $1.9 trillion sovereign wealth fund acquires 5 percent of Patrice Motsepe's ARM; Femi Otedola adds $31.6 million in FirstHoldCo shares; Equity's James Mwangi names three barriers Africa must fix.
African Wealth Briefing — Wed., May 13, 2026
Aliko Dangote anchors Macron's $27 billion Nairobi summit and confirms Mombasa as his preferred $17 billion East African refinery site; Sawiris reorganizes Orascom for the $50 billion Abu Dhabi platform.
African Wealth Briefing — Tues., May 12, 2026
Aliko Dangote crosses $35 billion and jumps to 65th richest globally; a joint investigation reveals Wigwe and Aig-Imoukhuede held stakes in 80 companies across 20 countries; Otedola's First HoldCo targets N1 trillion capital.
African Wealth Briefing — Mon., May 11, 2026
David Langat's DL Group denies tea asset sale as financial pressure mounts; Dr. Dre and Kendrick Lamar break ground on a $270 million Compton High School campus.
African Wealth Briefing — Sun., May 10, 2026
Aliko Dangote targets September 2026 for the London listing of Dangote Cement, calling 2026 the busiest year of his business life as the refinery IPO, the 20,000MW power program, and the cement London debut all advance in parallel.
African Wealth Briefing — Sat., May 9, 2026
Aliko Dangote plans a London listing of $13 billion Dangote Cement, reviving the 2018 attempt; Femi Otedola makes $36.5 million in paper gains as First HoldCo surges 10 percent on record Q1 results; Cobus Loots's Pan African Resources moves on a $219 million Emmerson Resources acquisition.
African Wealth Briefing — Fri., May 8, 2026
Bloomberg ranks Rabiu as Africa's 2nd richest at $19.1 billion while Forbes still has him at 4th — and BUA Cement's 134 percent rally explains the gap; Otedola's FirstHoldCo Q1 profit jumps 72 percent to $233 million.
African Wealth Briefing — Thurs., May 7, 2026
Aliko Dangote unveils a 20,000MW power plan and a $20 billion dividend promise at the IFC; Ted Turner, the billionaire media maverick who founded CNN, has died at 87; and Kasapreko PLC launches a GH¢700 million IPO on the Ghana Stock Exchange.
African Wealth Briefing — Wed., May 6, 2026
Nestoil's $2 billion bad debt forces the CBN to suspend dividends at UBA, Access, and FCMB; MTN Nigeria Q1 profit jumps 166 percent; GTCO's Segun Agbaje pivots toward payments, wealth, and ecosystem businesses; Al-Amoudi's MIDROC signs a 10-hotel Ethiopia deal with First Group Hospitality.
African Wealth Briefing — Tues., May 5, 2026
The Sentry's leaked-records investigation into Tagwirei's Sakunda partially supports Chiwenga's claim that Zanu PF held a hidden 45 percent stake, James Mwangi's Equity Bank sweeps Kenya's banking awards, and Talaat Moustafa warns Egypt's new property fees could push costs up 15 percent.
African Wealth Briefing — Mon., May 4, 2026
Tony Elumelu calls on Nigeria's government to act on anti-migrant violence in South Africa, Abba Mangal emerges as the APC candidate for Katsina Central in a generational handover from his billionaire father Dahiru, and Atedo Peterside warns of a 2027 legitimacy crisis.
African Wealth Briefing — Sun., May 3, 2026
Sandile Zungu and Jason Kluk take over Sumitomo's failed Madagascar nickel mine, Mahama's Damang Mine delivers its first gold to the Bank of Ghana, and Dangote denies an Elumelu rift.