Billionaire Mike Adenuga’s Globacom to launch public Wi-Fi in Lagos under new deal
Globacom teams up with Wave5 to deploy public Wi-Fi in Lagos, aiming to ease congestion and expand digital access.
West & Central Africa
Africa's richest man, Aliko Dangote, plans Nigeria’s biggest seaport
This infrastructure will enhance logistics for Dangote’s fertilizer and oil refinery operations, including planned exports of liquefied natural gas (LNG).
Accelerate Property Fund, partly owned by Michael Georgiou, launches $5.57 million rights offer
Accelerate Property Fund launches $5.57 million rights offer as it seeks to stabilize finances and renegotiate Fourways Mall deal.
Nigerian billionaire Femi Otedola’s Geregu Power sees $57 million in 2025 half-year revenue
Geregu Power, led by Femi Otedola, posts steady $57.4 million revenue in H1 2025, showing strength in a tough energy market.
Under Nigerian banker Segun Agbaje, GTCO becomes first West African lender to list in London
GTCO lists in London under Segun Agbaje, marking a first for West African banks and raising $105 million to meet capital goals.
Nigerian businessman Temitope Lawani's Helios gets $50 million to support African sports, entertainment
Helios secures $50 million from IFC and Proparco to scale Africa’s sports and entertainment sector through investments in events, media rights, and infrastructure.
Meet Nigerian mining billionaire and polo buff, Murtala Laushi
Murtala Laushi has quietly turned Malcomines into one of Nigeria’s largest mining empires, extracting everything from iron ore to rare earths while creating thousands of jobs.
Ivorian tycoon Koné Dossongui plans $18 million cocoa plant expansion in Cameroon
Dossongui’s Atlantic Cocoa to raise Kribi plant output to 64,000 tons as part of $18M upgrade backed by Swiss machinery firm Bühler.
Aliko Dangote's $20 billion refinery to process all Nigerian crude by year-end
Africa’s largest refinery eyes 100% local sourcing, boosts fuel self-sufficiency and cuts costly imports.
Senegal cancels Akon’s multibillion-dollar city, reclaims land for new $1.2 billion resort plan
Senegal cancels Akon City over delays and unveils a $1.2 billion resort plan in Mbodiène to attract investors and create 15,000 jobs.
French billionaire Pierre Castel’s beverage empire takes control of Guinness Ghana in $100 million deal
French billionaire Pierre Castel’s beverage empire takes control of Guinness Ghana in $100 million deal
Ghanaian businessman Kevin Okyere’s Springfield denies fraud allegations in $100 million dispute
Kevin Okyere’s Springfield rejects fraud claims, citing due diligence and unresolved funding terms with Petraco.
Africa’s richest man Aliko Dangote outlines expansion plans for $3 billion fertilizer plant
Dangote eyes expansion of $3 billion fertilizer plant to reduce Africa’s imports and boost local food production in 40 months.
Ghanaian businessman Ibrahim Mahama seals $100 million gold financing deal
Ibrahim Mahama’s $100 million deal backs Ghana’s first large-scale, locally owned gold mine, shifting control from foreign to local hands.
American-Burkinabe banker Simon Tiemtoré's Vista Group buys Société Générale Burkina Faso
The deal strengthens Vista’s position in the West African nation, reinforcing its ambitions to build a continent-spanning financial powerhouse.
Ghanaian businessman Joseph Siaw Agyepong targets Kenya in latest expansion push
Joseph Siaw Agyepong teams up with Kenyan officials to scale African-led waste solutions through Zoomlion’s sanitation model.