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Kenny Fihla's Absa has hired Rothschild and Co's Giles Douglas as managing executive of its investment bank, continuing a rapid hiring push to rebuild the lender's corporate and deal-making capability across Africa.
Natie Kirsh started with a £1,200 inheritance and a corn mill in Swaziland. A $29 billion deal at 94 made him one of Africa's richest men.
CNN Portugal has renewed focus on Alvaro Sobrinho and the disappearance of billions from BES Angola, reviving scrutiny of one of Lusophone Africa's biggest financial scandals.
Ken Sharpe's Millennium Heights has sold 366 of its 1,000 planned Harare apartments as investors target Zimbabwe's growing short-term rental market.
Africa CDC and Aspen Pharmacare announced advanced talks on a long-term vaccine supply framework on the sidelines of the Africa Forward Summit in Nairobi.
Karooooo posted record subscription revenue and adjusted EPS in FY2026, with Cartrack South Africa accelerating to 23% ARR growth and a 20% dividend increase declared.
Norges Bank, manager of Norway's $1.8 trillion sovereign wealth fund, has disclosed a 5.02% stake worth approximately R3 billion in Patrice Motsepe's African Rainbow Minerals.
Isabel dos Santos was Africa's first female billionaire. Today her assets are frozen across four countries and Interpol has issued a warrant for her arrest.
Patrice Motsepe's African Rainbow Energy has lifted its SOLA Group stake to 83%, taking majority control of South Africa's largest corporate-serving renewables business.
Christo Wiese raised about R1 billion from his Shoprite stake through Titan Fincap without giving up the voting rights that keep him influential in the retailer.
Cobus Loots's Pan African Resources has received court approval to acquire Emmerson Resources in a $219 million all-share deal that will consolidate full ownership of the Tennant Creek gold project and add a third stock exchange listing.
BleagLee, a Cameroonian startup converting plastic and e-waste into high-value materials using AI, has taken the $1 million Milken-Motsepe grand prize.
Strive Masiyiwa's Cassava Technologies is planning a 20MW AI factory in Johannesburg with 12,000 to 13,000 GPUs targeted across Africa as its Cape Town facility prepares to go live.
Buying Telecel Zimbabwe means inheriting a tangle of ownership claims, including James Makamba's Kestrel Corporation stake and other unresolved competing interests.
Nedbank CEO Jason Quinn has opened a $855 million tender offer for a 66% controlling stake in Kenya's NCBA Group, one of the largest cross-border banking transactions in African history, with shareholders given until July 10 to respond.
Johann Rupert rescued his father's historic car collection from closure in 2003 and turned it into the Franschhoek Motor Museum, now one of the finest collections in the Southern Hemisphere.