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Aliko Dangote's net worth hits $32.5 billion as he climbs to 64th richest person globally
Aliko Dangote has added $2.57 billion to his fortune since January, climbing 13 places to rank 64th among the world's wealthiest people.
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Nigerian oil tycoon Seinye Lulu-Briggs's foundation treats 5,112 people in Ogu, performs 149 surgeries in five days
The O.B. Lulu-Briggs Foundation treated 5,112 people and performed 149 surgeries over five days in Ogu, Rivers State, Nigeria.
Aliko Dangote's net worth hits $32.5 billion as he climbs to 64th richest person globally
Aliko Dangote has added $2.57 billion to his fortune since January, climbing 13 places to rank 64th among the world's wealthiest people.
Mohamed Mansour's San Diego FC emerges as frontrunner to sign Mohamed Salah after Liverpool exit
Mohamed Mansour's San Diego FC is among the clubs most prominently linked to signing Mohamed Salah after the Egyptian superstar confirmed his Liverpool exit.
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Deep-Dive Report: Africa's Refining Revolution — How the Hormuz Crisis Is Rewriting the Map
Africa spends $60 billion a year importing fuel it could refine at home — the Hormuz crisis just proved why that model is broken, and Dangote's 456,000-tonne export run shows the fix is already under way.
Exclusive Briefing: What We're Hearing — Africa's Energy Repricing in Real Time
Diesel and jet fuel are the real squeeze, Dangote has more inbound demand than it can service, Rabiu is building a parallel industrial empire, and South Africa is scrambling — here is what we are hearing as the war enters its fourth week.
Investor Memo: Fuel-Starved Nations Flock to Dangote — How the War Is Redrawing Africa’s Energy Trade Map
South Africa, Ghana and Kenya are lining up for fuel from Dangote's refinery as the Hormuz crisis enters its fourth week — we break down what this means for African energy trade, the IPO, and who holds the pricing power.
Mohamed Mansour's San Diego FC emerges as frontrunner to sign Mohamed Salah after Liverpool exit
Mohamed Mansour's San Diego FC is among the clubs most prominently linked to signing Mohamed Salah after the Egyptian superstar confirmed his Liverpool exit.
Morocco's royal family-controlled Attijariwafa Bank is eyeing a stake in European AI startup Mistral
Morocco's biggest bank Attijariwafa is studying an investment in French AI startup Mistral AI after it launched a model targeting financial institutions.
Billionaire Yasseen Mansour's Palm Hills posts 29.55 percent profit jump to EGP 4.22 billion in 2025
Yasseen Mansour's Palm Hills Development posted a 29.55 percent rise in consolidated net profit to EGP 4.22 billion for full-year 2025.
Hesham El Ghoroury's Tiba wins Amethis backing to scale Egypt's rice-based food ingredients export push
Hesham El Ghoroury's Tiba for Starch & Glucose has secured a minority stake from Amethis to scale production capacity and expand into global export markets.
Turkish billionaire Fuat Tosyali pushes Algeria steel complex to 8 million tons with new cold rolling mill
Tosyalı Algérie will launch a 1.4-million-ton cold rolling steel mill in Béthioua between August and September 2026, targeting high-value flat steel products.
Safwan Thabet's Juhayna Food Industries posted nearly EGP 1.9 billion in profit in 2025 even as earnings fell 20 percent from a year ago
Juhayna Food Industries posted EGP 1.9 billion in 2025 consolidated profit, down 20% from a year earlier, even as sales hit EGP 30 billion.
Uganda signs a deal with the Sawiris family's Orascom Construction to study a light rail system for Kampala
Uganda signed a deal with Egypt's Orascom Construction to study whether a light rail transit system for Kampala is viable.
Billionaire Hisham Talaat Moustafa takes TMG's expansion plans to Egypt's prime minister as the group eyes a major new East Cairo project
Hisham Talaat Moustafa met Egypt's prime minister to discuss TMG's expansion plans, including a major new mixed-use project in East Cairo.
Nigerian oil tycoon Seinye Lulu-Briggs's foundation treats 5,112 people in Ogu, performs 149 surgeries in five days
The O.B. Lulu-Briggs Foundation treated 5,112 people and performed 149 surgeries over five days in Ogu, Rivers State, Nigeria.
Aliko Dangote's net worth hits $32.5 billion as he climbs to 64th richest person globally
Aliko Dangote has added $2.57 billion to his fortune since January, climbing 13 places to rank 64th among the world's wealthiest people.
Dan Gertler's royalty claims are holding up a $9 billion Western bid for Glencore's copper and cobalt mines in Congo
Royalty claims tied to sanctioned billionaire Dan Gertler are stalling a $9 billion Western bid for Glencore's Congo copper and cobalt mines.
Billionaire Robert Friedland's Ivanhoe ships first copper through Lobito Corridor
Ivanhoe Mines has shipped its first low-carbon copper anodes from Congo's Kamoa Kakula through Angola's Lobito Corridor to a German refinery.
Tony Elumelu urges Africa's wealthy to share prosperity
Tony Elumelu called on wealthy Africans to share their resources and empower the poor as his foundation unveiled its 2026 grant beneficiaries.
Nigerian entrepreneur Tosin Eniolorunda's Moniepoint acquires Orda to expand into Africa's food service market
Tosin Eniolorunda's Moniepoint has acquired Orda Africa to expand into food services, integrating restaurant software with payments and credit tools.
Lagos sues Air Peace founder over ₦94 million tax dispute
Lagos State has sued Air Peace founder Allen Onyema over a ₦94 million tax claim in a high-profile enforcement action.
South Africa is seeking a 12-month fuel supply deal with Aliko Dangote's refinery as the Iran war chokes off Middle East supplies
South Africa is pursuing a 12-month fuel supply deal with Aliko Dangote's Nigerian refinery as the Iran war disrupts Middle East supply chains.
Meet Joshua Kulei, the prison warder who became one of Kenya's most powerful and controversial billionaires
Joshua Kulei was a prison warder who caught President Moi's eye, became his personal assistant and built one of Kenya's largest private business empires.
James Mwangi's Equity Group abandons Ethiopia-first strategy to acquire Angolan bank
James Mwangi's Equity Group is pivoting to Angola for a bank acquisition after Ethiopia's restrictive foreign ownership rules stall its market entry.
Innscor takes 27 percent stake in Tanganda after underwriting $8 million rights offer
Innscor Africa has secured a 27 percent stake in Tanganda Tea Company after underwriting the firm's $8 million rights offer.
The detention of Malagasy tycoon Mamy Ravatomanga in Mauritius is threatening the island's financial reputation ahead of its 2027 FATF review
The detention of Malagasy tycoon Mamy Ravatomanga in Mauritius on money laundering suspicions is raising fresh concerns about the island's FATF standing.
Kenyan Petroleum tycoon Jackson Chebett buys Tuju's Karen estate at auction
Stabex International chairman Jackson Kiplimo Chebett's company paid Sh450 million at auction for former minister Raphael Tuju's prime Karen property.
Ugandan billionaire Sudhir Ruparelia unveils One-10 luxury apartments in Kampala
Sudhir Ruparelia's Meera Investments is building One-10 Apartments, a 15-story luxury residential tower in Kampala's prestigious Kololo neighborhood.
Kenyan banker James Mwangi set to pocket $5.6 million dividend
Equity Group's record 2025 profit will pay CEO James Mwangi more than Sh734 million in dividends as the board raises its payout by 35%.
Lake Victoria Gold, backed by Tanzanian billionaire Rostam Aziz, confirms up to 97% gold recovery at its Imwelo project in Tanzania
Lake Victoria Gold, backed by Tanzanian billionaire Rostam Aziz's Taifa Mining, confirms up to 97% gold recovery at its Imwelo project in Tanzania.
Datatec founder Jens Montanana buys European tech firm, plants flag in Poland
Datatec founder Jens Montanana is pushing deeper into Europe, with Logicalis Germany snapping up Berlin-based network automation specialist NetworkedAssets.
South Africa's richest woman, Mary Oppenheimer Slack, chose horses over the boardroom and built a racing dynasty
Mary Oppenheimer Slack inherited half the Oppenheimer fortune and used her passion for horses to build one of South Africa's greatest thoroughbred dynasties.
Johann Rupert's Remgro lifts dividend 80% as earnings surge, handing South Africa's richest family R80 million
Johann Rupert's Remgro lifted its interim dividend by over 80% after headline earnings surged, handing the Rupert family about R80 million in gross payouts.
South Africa's Datatec, controlled by Jens Montanana, expands into Poland with NetworkedAssets acquisition
Datatec's Logicalis Germany has acquired software specialist NetworkedAssets, giving the South African tech group a new foothold in Poland.
Durban seals partnership to build Africa's first superyacht hub
Durban has signed a letter of intent with global yacht industry heavyweight Navigo to develop Africa's first superyacht refit hub at the Port of Durban.
Strive Masiyiwa's Cassava Technologies strikes deal with Circle Internet Group to expand USDC stablecoin adoption in Africa
Circle Internet Group has struck its first Africa deal, partnering with Cassava Technologies' Sasai Fintech to expand USDC stablecoin use across the continent.
Patrice Motsepe's biggest test yet: a trophy scandal is threatening CAF's hard-won credibility
Patrice Motsepe spent five years rebuilding CAF's credibility. A trophy reversal two months after the final may have just set it back.
Namibia rejects Starlink licence application
Namibia has rejected Starlink’s licence bid, blocking the satellite internet provider from operating as regulators enforce compliance with national telecom laws.
Saudi-Ethiopian Mohammed Al-Amoudi is worth $9 billion on Bloomberg but missing from the Forbes 2026 billionaires list and here is why
Mohammed Al-Amoudi is worth $9.12 billion on Bloomberg but does not appear on the Forbes 2026 billionaires list. Here is why.
How Djiboutian tycoon Abdourahman Boreh helped Dubai build a port empire in the Horn of Africa, then became its most inconvenient witness
Abdourahman Boreh brokered DP World's entry into Djibouti, collected fees from both sides, then fled into exile as the whole deal unravelled.
Dahabshiil founder Abdirashid Duale pledges $150,000 as drought deepens in northern Somalia
Dahabshiil pledged $150,000 for drought relief in northern Somalia, with founder Abdirashid Duale urging faster action as shortages spread.
Ethiopia’s richest man Mohammed Al-Amoudi brings Carrefour into Ethiopia
Ethiopia’s richest man, Mohammed Al-Amoudi, brings Carrefour to 13 Midroc stores, marking the retailer’s first physical presence in Ethiopia.
Ethiopia’s richest man Mohammed Al-Amoudi sees wealth rebound past $8.1 billion
Mohammed Al-Amoudi’s net worth rebounds to more than $8.1 billion after a $2.42 billion gain tied to his stake in Preem.
Somali e-visa controversy: Ismail Ahmed points to Premier Bank involvement
Ismail Ahmed claims Premier Bank helped design Somalia’s e-visa system and benefits from visa fees through Empire Tech Solutions.
Ahmed Osman Guelleh, one of Djibouti's richest men, recalibrates for a tougher market
Ahmed Osman Guelleh built a logistics and beverage empire around Djibouti’s ports and Somaliland’s Coca-Cola plant. Now competition is testing his hold.
Somali businessman Abdiweli Hassan to invest $503 million in Kenya’s Tatu City
Somali businessman Abdiweli Hassan plans a $503 million mixed-use project at Kenya’s Tatu City, expanding his footprint from retail into urban development.
Latest Posts
Nigerian oil tycoon Seinye Lulu-Briggs's foundation treats 5,112 people in Ogu, performs 149 surgeries in five days
The O.B. Lulu-Briggs Foundation treated 5,112 people and performed 149 surgeries over five days in Ogu, Rivers State, Nigeria.
Datatec founder Jens Montanana buys European tech firm, plants flag in Poland
Datatec founder Jens Montanana is pushing deeper into Europe, with Logicalis Germany snapping up Berlin-based network automation specialist NetworkedAssets.
Aliko Dangote's net worth hits $32.5 billion as he climbs to 64th richest person globally
Aliko Dangote has added $2.57 billion to his fortune since January, climbing 13 places to rank 64th among the world's wealthiest people.
Mohamed Mansour's San Diego FC emerges as frontrunner to sign Mohamed Salah after Liverpool exit
Mohamed Mansour's San Diego FC is among the clubs most prominently linked to signing Mohamed Salah after the Egyptian superstar confirmed his Liverpool exit.
Dan Gertler's royalty claims are holding up a $9 billion Western bid for Glencore's copper and cobalt mines in Congo
Royalty claims tied to sanctioned billionaire Dan Gertler are stalling a $9 billion Western bid for Glencore's Congo copper and cobalt mines.
7 biggest takeaways from Jay-Z’s new GQ interview, from legacy to survival
Jay-Z’s new GQ interview offers key lessons on power, pressure, discipline, legacy and the cost of staying on top.
South Africa's richest woman, Mary Oppenheimer Slack, chose horses over the boardroom and built a racing dynasty
Mary Oppenheimer Slack inherited half the Oppenheimer fortune and used her passion for horses to build one of South Africa's greatest thoroughbred dynasties.
Jim Ovia's Zenith Bank promotes insider Kennedy Okwudili to executive director
Zenith Bank has named Kennedy Onuwa Okwudili as an executive director in a move reinforcing its leadership pipeline under chairman Jim Ovia and CEO Umeoji.
Deep-Dive Report: Africa's Refining Revolution — How the Hormuz Crisis Is Rewriting the Map
Africa spends $60 billion a year importing fuel it could refine at home — the Hormuz crisis just proved why that model is broken, and Dangote's 456,000-tonne export run shows the fix is already under way.
Exclusive Briefing: What We're Hearing — Africa's Energy Repricing in Real Time
Diesel and jet fuel are the real squeeze, Dangote has more inbound demand than it can service, Rabiu is building a parallel industrial empire, and South Africa is scrambling — here is what we are hearing as the war enters its fourth week.
Johann Rupert's Remgro lifts dividend 80% as earnings surge, handing South Africa's richest family R80 million
Johann Rupert's Remgro lifted its interim dividend by over 80% after headline earnings surged, handing the Rupert family about R80 million in gross payouts.
South Africa's Datatec, controlled by Jens Montanana, expands into Poland with NetworkedAssets acquisition
Datatec's Logicalis Germany has acquired software specialist NetworkedAssets, giving the South African tech group a new foothold in Poland.
Durban seals partnership to build Africa's first superyacht hub
Durban has signed a letter of intent with global yacht industry heavyweight Navigo to develop Africa's first superyacht refit hub at the Port of Durban.
50 Cent inks $100 million Planet Hollywood deal to launch PH Live in Times Square
Curtis Jackson has partnered with Planet Hollywood's Robert Earl in a $100 million deal to launch PH Live, a celebrity entertainment hub in New York's Times Square.
Tony Elumelu awards $16 million to 3,200 young entrepreneurs
Tony Elumelu provides $16 million in non-repayable grants to 3,200 young African entrepreneurs across 54 countries to foster wealth and opportunity
African Wealth Briefing — Wed., March 25, 2026
Ivanhoe ships its first copper through the Lobito Corridor, Eni unlocks Nigeria's OPL 245 after 30 years, Attijariwafa eyes a stake in AI startup Mistral, Masiyiwa's Cassava strikes a USDC deal with Circle, and Namibia blocks Starlink.
