Indian tycoon Sunil Bharti Mittal’s Airtel Africa reaches all-time high as capitalization soars above $9.5 billion
Airtel Africa is a leading telecom and mobile money services provider with a presence in 14 countries in Africa.
West & Central Africa
Ghanaian tech entrepreneur Gregory Rockson’s mPharma secures $35 million in Series-D funding
mPharma manages inventory for mom-and-pop pharmacies across Africa.
Abdul Samad Rabiu becomes Nigeria’s second-richest man, net worth surges above $7 billion
Rabiu’s stake in the newly-listed BUA Foods has catapulted his net worth above $7 billion.
Nigerian billionaire Abdul Samad Rabiu’s BUA Foods completes listing, market cap soars above $1.88 billion
More than 1 billion shares in BUA Foods were exchanged by investors by midday on the Nigerian bourse.
Led by Sultan Ahmed bin Sulayem, DP World to build $1.1-billion deep-water port in Senegal
Founded in September 2005, DP World is a state-owned port operator based in Dubai.
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement signs deal with Wartsila to construct power plant
BUA Cement is Nigeria’s second-largest cement producer and the largest cement producer.
Nigerian industrialist Samuel Bolarinde gains $5.3 million as Vitafoam shares soar by 188 percent
Vitafoam is Nigeria’s leading flexible and rigid polyurethane product manufacturer.
Nigerian tycoon Tony Elumelu opens portal for 2022 entrepreneurship program
The portal for this year’s application is active and interested applicants are urged to apply.
Led by Martine Coffi-Studer, Bollore Transport & Logistics Cote d’Ivoire gains over $36 million in 55 days
Bollore Transport & Logistics Cote d’Ivoire is majority-owned by the French Bollore Group.
Nigerian businessman Austin Okere’s CWG launches process to write down retained losses of $5.07 million
CWG has grown into a leading IT services provider in West Africa.
Ghanaian logistics mogul Daniel McKorley floats airline business; set to launch private jet terminal in 2022
McKorley is the founder and CEO of McDan Group of Companies.
Actor Forest Whitaker joins Nigerian tycoon Tunde Folawiyo, others as investor in NBA Africa
Investors include former NBA players Junior Bridgeman, Luol Deng, Grant Hill, Ian Mahinmi, Dikembe Mutombo and Joakim Noah.
Burkinabe tycoon Mahamadou Bonkoungou hires Moroccan banker Nabil Tahari to lead IB Bank Togo
Tahari is a renowned banking executive and former Societe Generale Burkina employee.
Ivorian businessman Jean-Luc Konan-linked Fin’Elle secures $5.6-million loan from FMO
Fin’Elle is a micro-finance institution dedicated to supporting female entrepreneurship in Cote d’Ivoire.
Nigerian billionaire Benedict Peters to build 500,000-bpd refineries in Niger Delta
Aiteo Eastern E & P Company Limited is one of Nigeria’s largest indigenous oil exploration companies.
Seven tycoons and multimillionaires in Ghana you’ve probably never heard of
Touted as one of the fastest-growing economies in Africa, Ghana is home to 110 multimillionaires and 2,800 HNWIs.