Ghanaian entrepreneur Gregory Rockson’s mPharma gets funding to accelerate healthcare access
Ghanaian entrepreneur Gregory Rockson’s mPharma raises investment to expand medicine access across West Africa.
West & Central Africa
Folorunso Alakija says $23 million hospital will save lives, train doctors
Folorunso Alakija donates $23 million hospital to Osun State University to train doctors and provide specialist care.
After N30 billion staff award, BUA founder Rabiu shares rare holiday moment
Nigerian billionaire Abdul Samad Rabiu shares a rare holiday moment days after BUA awarded staff N30 billion in cash incentives.
Nigerian businessman Ladi Jadesimi loses $5.9 million on Aradel stake
Ladi Jadesimi loses $5.9 million on Aradel stake as shares decline, trimming earlier gains in Nigeria’s energy sector.
Tony Elumelu’s Heirs Energies secures $750 million from Afreximbank to drive long-term growth
Heirs Energies secures $750 million from Afreximbank, marking one of the biggest funding deals secured by a locally owned energy producer on the continent.
Dangote refinery drives 28 percent drop in Nigeria petrol prices
Dangote Refinery cuts Nigeria petrol prices 28 percent, easing inflation and boosting holiday fuel supply.
Yomi Jemibewon’s CardinalStone secures $15 million from IFC to scale SMEs in West Africa
CardinalStone Capital Advisers has secured up to $15 million from IFC to back fast-growing SMEs across Nigeria, Ghana and Francophone West Africa through its Growth Fund II.
FCMB led by Nigerian banker Ladi Balogun gains approval for $274 million raise
FCMB Group secures shareholder approval for a $274 million capital raise as Ladi Balogun moves to meet CBN recapitalization rules.
Nigerian businessman Ufoma Immanuel’s Chappal Energies closes $430 million oil financing
Chappal Energies closes $430 million financing to boost Nigerian oil operations and support field development.
South African tycoon Gus Attridge’s Aspen stake rebounds above $100 million
Gus Attridge’s Aspen stake rebounds above $100 million as shares recover on the JSE, easing losses after a tough year.
Femi Otedola boosts stake in First Bank parent with new shares worth $10 million
Nigerian billionaire Femi Otedola bought $10 million in First HoldCo shares, lifting his stake to 17.56% as earnings rose.
Fidelis Ayebae's Fidson targets $14.4 million raise for pan-African expansion
Fidson Healthcare plans a $14.4 million rights issue to expand drug production and sales across Africa after a strong earnings surge.
NMDPRA chief resigns after Dangote calls for probe into $5 million tuition claims
Farouk Ahmed resigns amid Aliko Dangote’s call for investigation into $5 million tuition payments for four children in Switzerland.
Ghanaian businessman Ibrahim Mahama signs $37 million deal for Black Volta gold project
Ibrahim Mahama secures $37 million equipment deal for Black Volta gold project, advancing Ghana mining operations toward 2027 production.
Ghanaian energy mogul Kevin Okyere’s Springfield faces offshore debt scrutiny
Springfield Group, led by Kevin Okyere, faces scrutiny over offshore drilling debts as Ghana weighs acquiring its WCTP2 oil block stake.
Ghanaian businessman Joseph Siaw Agyepong hands over 2,500-seat church
Ghanaian businessman Joseph Siaw Agyepong hands over a 2,500-seat church complex to the Church of Pentecost in Accra.