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Nigeria's four billionaires are running the playbook that built industrial America
Dangote, Adenuga, Rabiu and Otedola are running versions of the playbooks Rockefeller, Ford, Carnegie and Morgan used to build America.
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Investor Memo: The Clean Exit — Why Saki Macozoma Sold His Entire Manganese Business to Exxaro for R11.7 Billion and Kept Everything Else
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Egyptian billionaire Nassef Sawiris is merging OCI and Orascom into one Abu Dhabi company
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Nigeria's four billionaires are running the playbook that built industrial America
Dangote, Adenuga, Rabiu and Otedola are running versions of the playbooks Rockefeller, Ford, Carnegie and Morgan used to build America.
Nigerians who bought $4 of Dangote's refinery are calling board meetings online
Nigerians who bought the minimum 10 shares in Dangote's refinery are posting mock ownership certificates and demanding board meetings online. GHOST
Sadio Mané is investing $20 million of his own money in a mango factory in his village
Sadio Mané laid the foundation stone for SM10 Agro at Bambali on Sept. 19, a 500-hectare agro-industrial park he is funding himself.
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South African billionaire GT Ferreira was refused a banking licence so he bought a bank
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South African tycoon Saki Macozoma sold his manganese and kept the trucks, gaming and copper
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African Wealth Briefing — Mon., Sept. 21, 2026
Fresh from listing his refinery, Aliko Dangote unveiled a $3.5 billion, 2,650-kilometre pipeline to pump fuel across Southern Africa. And in South Africa, Saki Macozoma sold his entire manganese business to Exxaro for R11.7 billion.
The Inside Story: So He Bought a Bank — How GT Ferreira Was Refused a Banking Licence in 1977, Then Built One of South Africa's Great Fortunes
In 1977, GT Ferreira and two partners applied for a banking licence in South Africa. They were refused. So, over the next eight years, they simply built the thing the regulator wouldn't hand them — buying their way into control of a merchant bank and turning it into the foundation of FirstRand.
Deep-Dive Report: The Pipeline Builder — How Emeka Okwuosa's Oilserv Went From Nigerian Gas Contractor to Pan-African Energy Developer
Emeka Okwuosa's Oilserv helped build the AKK pipeline, Nigeria's gas backbone. Two months later it signed to develop two blocks in Gabon — the moment a contractor becomes a developer. Inside Nigeria's indigenous pipeline champion and its move up the value chain, and across borders.
Investor Memo: The Clean Exit — Why Saki Macozoma Sold His Entire Manganese Business to Exxaro for R11.7 Billion and Kept Everything Else
Saki Macozoma just sold his entire manganese business to Exxaro for R11.7 billion — and kept the trucking, gaming, telecoms and copper. A clean, total exit from one capital-hungry commodity, and a lesson in what a diversified owner should hold and what he should let go.
Nigerian-born tycoon Bassim Haidar puts his £18 million One Hyde Park flat up for sale
Reform donor Bassim Haidar is selling his £18.2m One Hyde Park flat and homes in Mayfair, Kensington and Chelsea amid fears over Labour taxes.
Egyptian billionaire Nassef Sawiris is merging OCI and Orascom into one Abu Dhabi company
Nassef Sawiris wants to merge OCI into Orascom Construction in Abu Dhabi. A Dutch court froze the deal, so he is offering €4.10 a share in cash.
Elon Musk's Boring Company is working on a 200 mph tunnel in Texas
Elon Musk says The Boring Company is working on a 200 mph tunnel linking Austin and San Antonio. No route, cost or timeline has been given.
Nigerian billionaire Aliko Dangote plans $3.5 billion pipeline to supply fuel across Southern Africa
Aliko Dangote unveiled plans for a $3.5-billion, 2,650-kilometer pipeline across Southern Africa during an interview with Bloomberg TV anchor Francine Lacqua.
South African billionaire GT Ferreira was refused a banking licence so he bought a bank
Gerrit Ferreira and two partners were refused a banking licence in 1977. Eight years later they took control of Johann Rupert's Rand Merchant Bank.
Inside the business empire of DJ Black Coffee, built one-handed from Umlazi
Black Coffee owns his masters, 20% of Gallo Music and stakes in Yoco, Andela, SweepSouth and Rensource through his venture arm FlightMode Digital.
UBS tells investors to buy South African billionaire Johann Rupert's Richemont
UBS analyst Zuzanna Pusz kept her buy rating on Richemont after the bank's Milan luxury conference, with a target of CHF 188.76 a share.
Nigeria's four billionaires are running the playbook that built industrial America
Dangote, Adenuga, Rabiu and Otedola are running versions of the playbooks Rockefeller, Ford, Carnegie and Morgan used to build America.
South African tycoon Saki Macozoma sold his manganese and kept the trucks, gaming and copper
Safika sold its entire manganese portfolio to Exxaro for R11.7 billion. It kept trucking, gaming, telecoms repair and a Northern Cape copper stake.
A supplier is trying to wind up Botswana tycoon Chandra Chauhan's Sefalana over $615,000 debt
Sefalana Cash & Carry faces a winding-up petition in Botswana's High Court over a disputed R10 million supplier claim the group is contesting.
Nigerians who bought $4 of Dangote's refinery are calling board meetings online
Nigerians who bought the minimum 10 shares in Dangote's refinery are posting mock ownership certificates and demanding board meetings online. GHOST
Sadio Mané is investing $20 million of his own money in a mango factory in his village
Sadio Mané laid the foundation stone for SM10 Agro at Bambali on Sept. 19, a 500-hectare agro-industrial park he is funding himself.