Nigerian billionaire Femi Otedola donates $4.3-million engineering faculty complex to Augustine University
As an added honor, in September 2022, Otedola was appointed as the distinguished chancellor of the university.
West & Central Africa
This Sierra Leone-born entrepreneur is disrupting the African gaming market; his startup has raised over $56 million
Robbin-Coker is a prominent figure in the African tech industry.
Abdul Samad Rabiu loses Africa’s fourth-richest spot as net worth drops $545 million in 24 hours
Rabiu maintains his rank as Nigeria’s second-richest person, outpacing telecom billionaire Mike Adenuga.
Afreximbank’s FEDA completes acquisition of 5 percent stake in Femi Otedola’s Geregu Power
Geregu Power is a power-generating company.
Tony Elumelu urges African entrepreneurs to invest in businesses to spur growth and employment
Elumelu is the founder of the Tony Elumelu Foundation and chairman of the United Bank for Africa.
Ghanaian businessman Daniel McKorley’s McDan Group procures shipping vessels and cargo planes
McKorley is a well-known businessman and the founder and CEO of the McDan Group of Companies.
Meet 10 outstanding female managers from West Africa
These women are leading the way in sectors ranging from finance to mining and agri-food.
Fintechs led by Ham Serunjogi, Favor Ori help Elon Musk’s Starlink in processing over $400,000
Serunjogi announced that users in Nigeria have already spent over $100,000 on their SpaceX Starlink kits using Chipper Cash Visa Cards.
Africa’s richest man Aliko Dangote’s wealth grows by $541 million despite Nigeria’s cash woes
Dangote’s net worth now stands at $19.2 billion.
Nigerian billionaire Mike Adenuga’s firm ventures into cashew business, secures $65.3 million
Adenuga holds a 25.1-percent stake in Julius Berger through his company Goldstones Estates Limited.
Nigerian entrepreneur Dozy Mmobuosi sued for unpaid debts in U.S., UK
Mmobuosi is the founder of Tingo Inc.
Nigerian entrepreneur Richmond Bassey’s Bamboo secures brokerage license from SEC
Bamboo is a cutting-edge investment-tech startup.
Nigerian tycoon Temitope Lawani-linked Vivo Energy to acquire controlling stake in Engen
Lawani holds a direct 1.55-percent stake in Vivo Energy.
Nigerian auto magnate Innocent Chukwuma’s Innoson to sell vehicles to Jamaica
IVM was established in 2007.
Idrissa Nassa, Burkinabe banking mogul, announces Coris Bank’s ambitious pan-African expansion for 2023
Coris Bank has evolved into a key player in the West African financial services industry.
U.S.-Canadian billionaire Robert Friedland considers partner for DRC copper assets
Friedland is the founder of Ivanhoe Mines, a leading player in the mining and precious metals sectors.