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Nigerian billionaire Aliko Dangote's truck venture rolls out Nigeria's first electric heavy-duty truck
Aliko Dangote's truck venture with China's Sinotruk has rolled out Nigeria's first locally assembled electric heavy-duty truck at its Lagos plant.
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Indian billionaire Gautam Adani's group seeks $6.4 billion from global lenders
Indian billionaire Gautam Adani's group wants to borrow as much as $6.4 billion from about a dozen global lenders for its Evos deal and refinancing.
Nigerian billionaire Aliko Dangote's truck venture rolls out Nigeria's first electric heavy-duty truck
Aliko Dangote's truck venture with China's Sinotruk has rolled out Nigeria's first locally assembled electric heavy-duty truck at its Lagos plant.
Egyptian billionaire Ahmed Elsewedy's Elsewedy Electric courted by India on data centres
India's commerce minister Piyush Goyal met Ahmed Elsewedy in Cairo to pitch investment in India's data centres, smart meters and electrical equipment.
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Egyptian billionaire Ahmed Elsewedy's Elsewedy Electric courted by India on data centres
India's commerce minister Piyush Goyal met Ahmed Elsewedy in Cairo to pitch investment in India's data centres, smart meters and electrical equipment.
Egyptian tycoon Hassan Allam's solar and battery plant wins $63.5 million EBRD package
The EBRD approved up to $63.5 million for a solar and battery plant near Aswan backed by the Hassan Allam group and Infinity Power.
Egyptian tycoon Medhat Khalil's Raya Holding lifts nine-month revenue 9.5% to $900 million
Raya Holding, the Cairo conglomerate chaired by Egyptian tycoon Medhat Khalil, lifted revenue 9.5% to EGP49.8 billion in the nine months to September.
Egyptian tycoon Salah Diab's Cheiron signs $42 million offshore gas deal
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Egyptian billionaire Samih Sawiris's Orascom Development lifts nine-month profit to $85 million
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Egyptian billionaire Hisham Talaat Moustafa's $200 billion TMG deal draws military interest
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Moroccan billionaire Anas Sefrioui's Addoha cleared to join Saudi housing projects
Anas Sefrioui's Addoha has won approval from Saudi Arabia's National Housing Co. to act as a partner developer in Riyadh residential projects.
Egyptian fintech tycoon Mounir Nakhla’s MNT-Halan more than doubles quarterly profit to $16 million in first results since IPO
Mounir Nakhla’s MNT-Halan more than doubled quarterly profit to EGP 836 million ($16 million) in its first results since listing on the Egyptian Exchange.
Nigerian billionaire Aliko Dangote's truck venture rolls out Nigeria's first electric heavy-duty truck
Aliko Dangote's truck venture with China's Sinotruk has rolled out Nigeria's first locally assembled electric heavy-duty truck at its Lagos plant.
Nigerian billionaire Aliko Dangote's $2.5 billion Namibia project awaits environmental clearance application
Namibia's environment ministry has not yet received an environmental clearance application for Aliko Dangote's $2.5 billion Walvis Bay fuel project, launched on Nov. 4.
Nigerian tycoon Emeka Offor's FirstPower pledges $39 million to fix Anambra power
FirstPower, the Anambra power distributor controlled by Nigerian tycoon Emeka Offor's EEDC, plans ₦53.3 billion of network investment between 2027 and 2029.
Nigerian music star D'banj's CREAM platform wins investment from Afreximbank's creative arm
Afreximbank's creative investment arm has bought an equity stake in CREAM, the platform Nigerian singer D'banj built to help African creators earn from their work.
Nigerian billionaire Aliko Dangote's $2.5 billion Namibia project faces local-ownership test
Namibia holds no disclosed stake in Aliko Dangote's $2.5 billion Walvis Bay fuel project, while a new bill would reserve fuel storage for Namibian-owned businesses.
Nigerian tycoon Thomas Etuh's telecom firm T2 stalls at 3.6 million subscribers
Burna Boy's No Sign of Weakness tour grossed about $6 million at 12 North American venues, with Toronto's two Scotiabank Arena shows leading the way.
Nigerian billionaire Aliko Dangote's refinery IPO draws $1 billion from pension funds
South Africa's Public Investment Corp. and Nigerian pension funds applied for about $1 billion of shares in Aliko Dangote's oil refinery IPO.
Nigerian billionaire Aliko Dangote's Dangote Cement lifts Congo sales 11.9% in nine months
Dangote Cement sold 790,200 tons of cement in Congo in the nine months through September, up 11.9%, as its market share climbed to 73%.
Kenyan banker Gideon Muriuki's Co-op Bank South Sudan unit more than doubles profit
Co-operative Bank of Kenya's South Sudan unit earned KSh528 million before tax in nine months, more than double its full-year 2025 profit.
Absa exits Kenyan insurance as wealthy politician Musalia Mudavadi’s firm takes full control of two insurers
Absa has completed its exit from Kenyan insurance, handing two insurers to a firm majority owned by wealthy politician Musalia Mudavadi, which will rebrand them.
Kenya's wealthy Kinuthia family sees Quickmart IPO oversubscribed with $142 million in bids
Investors bid Sh18.4 billion for Quickmart's Sh15 billion share sale, securing a $37 million payout for the Kinuthia family that founded the chain.
Kenyan billionaire Narendra Raval’s $539 million Kitui cement plant to create 4,000 jobs
Kenyan President William Ruto valued Narendra Raval’s Kitui cement plant at Sh70 billion ($539 million) and said it will create 4,000 jobs.
Sudanese-British billionaire Mo Ibrahim tells Zambia's president not to waste his first term
Mo Ibrahim told Zambia's Hakainde Hichilema not to waste his first-term progress, citing arrests, the death of a former MP and court closures.
Billionaires Narendra Raval, Edha Nahdi bet $600 million on clinker as Sarbjit Rai enters cement business
Narendra Raval's West Pokot plant and Edha Nahdi's Kwale project commit roughly Sh77 billion ($600m) to clinker, the input East Africa has always imported. Now Sarbjit Singh Rai has filed for a third plant in Nyeri.
President Paul Kagame says Rwanda wants a stake in Dangote's $16 billion Kenyan refinery
Rwanda's President Paul Kagame has confirmed his country is in early talks about taking a stake in Aliko Dangote's planned $16 billion Lamu oil refinery, saying Rwanda would be "very happy" to participate.
Aliko Dangote offers Kenya a $500 million stake in $20 billion Lamu refinery as September groundbreaking nears
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South African tycoon Giovanni Ravazzotti's Italtile nears sale of Australian tile business
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Zimbabwean tycoon Kudakwashe Tagwirei's new ministry gets just two laws to run
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South African billionaire Christo Wiese's Titan sells insurance broker to Price Forbes
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South African billionaire Johann Rupert's Richemont sheds $4 billion in one day
Johann Rupert's Richemont lost R65.82 billion in market value in a single session after second-quarter jewelry growth slowed and missed analysts' forecasts.
Zimbabwean billionaire Strive Masiyiwa's $720 million AI plan tested by Jensen Huang's exit
Jensen Huang's exit from Nvidia comes as Strive Masiyiwa's Cassava Technologies, Nvidia's main partner in Africa, rolls out a $720 million AI plan.
South African TV mogul Duma ka Ndlovu faces $1.6 million tax fraud trial
Prosecutors have refused to drop the R26 million tax fraud case against Muvhango creator Duma ka Ndlovu, sending the TV producer to trial next year.
Zimbabwean tycoon Kudakwashe Tagwirei puts $2.7 million into ruling party's Harare push
Fuel tycoon and cabinet minister Kudakwashe Tagwirei has made $2.7 million available for ruling-party empowerment projects in Harare, an opposition stronghold for two decades.
South African tycoon Michael Georgiou's old firm sells Johannesburg mall for $38 million
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Ethiopian billionaire Mohammed Al-Amoudi's Nyala Insurance tops $6 million in profit
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Somali tycoon Abdirashid Duale's Dahabshiil to sell Chinese carmaker Chery's cars in Somalia
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Billionaire Mohammed Al-Amoudi accused of funding al-Qaeda in secret Pentagon report
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Ethiopian billionaire Mohammed Al-Amoudi's failed refinery cost Morocco $7 billion
Mohammed Al-Amoudi bought Morocco's only refinery for 4 billion dirhams in 1997. It shut in 2015 owing over $4 billion and has never reopened.
Billionaire Mohammed Al-Amoudi orders his conglomerate to hire 40,000 more Ethiopians
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Tewodros Ashenafi is the man foreign companies use to get into Ethiopia
Tewodros Ashenafi was the local partner on Ethiopia's largest privatisation, a $1.4 billion tobacco deal, and co-owns Ambo with Coca-Cola.
Ethiopian billionaire Mohammed Al-Amoudi is rebuilding his gold business in a new region
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Indonesian billionaire Sukanto Tanoto's Canadian LNG plant gets $140 million from Ottawa
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Nigerian billionaire Aliko Dangote's truck venture rolls out Nigeria's first electric heavy-duty truck
Aliko Dangote's truck venture with China's Sinotruk has rolled out Nigeria's first locally assembled electric heavy-duty truck at its Lagos plant.
Egyptian billionaire Ahmed Elsewedy's Elsewedy Electric courted by India on data centres
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Indian billionaire Anil Agarwal's Vedanta books $40 million hit after losing oil block
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