Aliko Dangote's refinery overtakes the US as Europe's top jet fuel supplier
Aliko Dangote's refinery shipped about 466,000 tonnes of jet fuel to Europe in June, overtaking the United States as the region's top supplier.
West & Central Africa
Indian billionaire Raj Gupta's African Industries gets 500 hectares to build Nigeria's largest solar-powered steel plant
Niger State handed Raj Gupta's African Industries 500 hectares to build what it calls sub-Saharan Africa's largest solar-powered steel plant.
Nigerian businessman Tony Elumelu to retire as UBA chairman, Nnorom to take over
Tony Elumelu will step down as UBA Group chairman on August 21 after 12 years, with veteran banker Emmanuel Nnorom named as his successor.
Billionaire Femi Otedola's memoir named first runner-up at BCA African Business Book of the Year
Femi Otedola's memoir Making It Big was named first runner-up at the 2026 BCA African Business Book of the Year, awarded in London.
Ivorian billionaire Jean-Louis Billon's Sucrivoire is the BRVM's best-performing stock in 2026
Jean-Louis Billon's Sucrivoire has surged 190 percent on West Africa's BRVM exchange in 2026, making it the region's best-performing stock despite losing $11 million last year.
Nigerian billionaire Femi Otedola recalls N200 million donation to father's scholarship
Femi Otedola has recalled his 2005 N200 million donation to his late father Sir Michael Otedola's scholarship scheme, when the award ceremony was chaired by then Lagos Governor Bola Tinubu.
Nigerian billionaire Oba Otudeko's Honeywell Group acquires 14% of Ikeja Hotel
Oba Otudeko's Honeywell Group has acquired a 14 percent stake in Ikeja Hotel Plc, valued at approximately N13.2 billion at current market prices.
Congo's national oil company is in talks with Aliko Dangote to secure refined fuel supply from his Lagos refinery
The Republic of Congo's national oil company has begun talks with Aliko Dangote's Lagos refinery on a strategic partnership to secure refined petroleum products.
Cameroon's richest man Baba Ahmadou Danpullo bets $850 million on new airline
Cameroonian billionaire Baba Ahmadou Danpullo is investing 500 billion FCFA, nearly his entire fortune, to launch a private airline and build two new airports in Cameroon.
Africa's richest man unveils plans for a 2,000-megawatt power plant, fertiliser complex and a new port in Tanzania
Aliko Dangote has unveiled plans for a 2,000-megawatt coal power plant, a urea fertiliser complex and new port infrastructure in Tanzania after meeting President Samia Suluhu.
Ghanaian multimillionaire Papa Kwesi Nduom wants to buy Standard Chartered's local retail business
Papa Kwesi Nduom's Groupe Nduom is exploring the acquisition of Standard Chartered Bank Ghana's retail banking business and wants an indigenous Ghanaian company to win the deal.
Billionaire Tony Elumelu's Heirs Energies commissions a digital nerve centre to run Nigeria's OML 17 oilfield from a single screen
Tony Elumelu's Heirs Energies has commissioned a digital operations hub at OML 17 that integrates real-time monitoring, security and production data into a single platform.
Africa's richest man is weighing major new investments in Tanzania
Tanzania has directed government ministries to begin technical discussions with Aliko Dangote on investments in fertiliser production, energy and transport infrastructure after President Samia's meeting with Africa's richest man.
Toyin Ajayi raised $891 million to fix American healthcare for the people everyone else gave up on
Toyin Ajayi grew up in Nairobi, trained in London and built a $6 billion company to fix American healthcare for the patients everyone else gave up on.
Dangote Refinery imports first UAE crude cargoes from Middle East
Dangote Petroleum Refinery has purchased its first two UAE crude oil cargoes, marking a historic shift in the refinery's feedstock sourcing strategy amid persistent Nigerian crude supply constraints.
Africa's richest man signs massive equipment deal with China's XCMG to double his refinery's capacity by 2029
Aliko Dangote has signed a major equipment deal with Chinese machinery manufacturer XCMG to double the Dangote Petroleum Refinery's capacity to 1.3 million barrels per day by 2029.