Ghana wants 30% of every gold ounce, and Kenneth Ashigbey isn't ready to sign
Ghana wants 30% of every gold ounce its industrial miners produce, up from 20%, as the central bank rebuilds reserves. The miners aren't sold.
West Africa
Dangote turns 69 as Tinubu leads tributes, NNPC doubles crude supply and $100bn expansion plan takes shape
Aliko Dangote turned 69 on Friday as Tinubu led birthday tributes, NNPC doubled crude deliveries and a $100 billion expansion plan moved forward.
Ghana's opposition petitions rights body over Ibrahim Mahama
Ghana's parliamentary minority is moving to petition a national rights body over Ibrahim Mahama's Damang Mine bid and alleged constitutional breaches.
Kofi Nsiah Poku declares AGI’s full support behind 24 Hour Economy law
Kofi Nsiah Poku says Ghana’s 24 Hour Economy will succeed only if industry leads with strong infrastructure and financing support
Nigerian National Petroleum Corporation reports $4.26 billion after-tax profit in 2025
NNPC posted 4.26 billion dollars after-tax profit in 2025 as crude production averaged 1.62 million barrels per day.
Access Holdings chairman Aig Imoukhuede’s Bidvest acquisition deal collapses
Access Bank deal to acquire South Africa Bidvest Bank collapses after deadline passes, with sources citing regulatory approval challenges.
Ivorian Cotton King Koné Daouda Soukpafolo acquires majority stake in Uniwax
Ivorian cotton magnate Koné Daouda Soukpafolo acquires majority stake in Uniwax, restoring local ownership as the textile firm rebounds strongly in 2025.
Nigerian gas tycoon Julius Rone says $5 billion FLNG project will start construction in 2026.
UTM Offshore CEO Julius Rone says Nigeria’s first floating LNG facility will enter construction in 2026, targeting exports and domestic cooking gas supply.
Aliko Dangote cement surge pushes Nigerian stock market past N111 trillion
Investor demand for Dangote Cement and other major stocks pushed Nigeria’s stock market value past N111 trillion, extending February’s rally on strong earnings sentiment.
Ghanaian businessman Dr Ernest Sampong hailed as Ernest Chemists marks four decades of leadership
Ghana’s government has praised Dr Ernest Sampong’s four decades of leadership as Ernest Chemists celebrates its role in strengthening local pharmaceutical manufacturing.
Nigerian entrepreneur Yinka Adewale's Nomba acquires Canadian payments company
Nomba CEO Yinka Adewale says owning regulated Canadian infrastructure allows African businesses to move money faster, cut costs, and trade globally with confidence.
Nigerian entrepreneur Tosin Eniolorunda's Moniepoint processed $297 billion in 2025
Moniepoint’s explosive transaction growth suggests founder Tosin Eniolorunda may be sitting atop one of Nigeria’s largest fintech revenue machines yet.
Ghanaian businessman Ibrahim Mahama receives Honorary Doctorate from UMaT for mining and construction impact
Ibrahim Mahama received an honorary Doctor of Science from UMaT for his nearly 30-year impact on Ghana’s mining and construction sectors, highlighting local industry leadership
Tony Elumelu’s HH Capital lifts Transcorp Power stake with $201,000 share buy
HH Capital, tied to billionaire Tony Elumelu, snapped up more than 1 million Transcorp Power shares in a fresh insider deal on the Nigerian Exchange.
Nigerian cocoa magnate John Alamu taps capital markets to raise $67.5 million for Johnvents expansion
John Alamu is turning to Nigeria’s capital markets to fund the next phase of Johnvents Industries’ cocoa processing and export expansion.
Burkina Faso’s richest man Mahamadou Bonkoungou at the center of revived $420 million Liberia deal”
A controversial EBOMAF infrastructure contract tied to Mahamadou Bonkoungou is back in focus as Liberia’s Boakai government revisits the shelved deal.