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Ghanaian tycoon Ibrahim Mahama may take over McDan Aviation's private jet terminal at Kotoka International Airport
Government sources say McDan Aviation's private jet terminal at Kotoka International Airport could be reassigned to Ibrahim Mahama.
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Nigerian businessman Kestin Pondi hands out $570,000 in business grants to 80 entrepreneurs
Tantita Security Services MD Kestin Pondi handed N800 million in business grants to 80 Nigerian entrepreneurs in Delta State on Monday.
Ghanaian tycoon Ibrahim Mahama may take over McDan Aviation's private jet terminal at Kotoka International Airport
Government sources say McDan Aviation's private jet terminal at Kotoka International Airport could be reassigned to Ibrahim Mahama.
Patrice Motsepe is set to pocket $24.6 million African Rainbow Minerals interim dividend
African Rainbow Minerals raised its interim dividend to 500 cents per share, putting R455 million into Patrice Motsepe's pocket.
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Patrice Motsepe is set to pocket $24.6 million African Rainbow Minerals interim dividend
African Rainbow Minerals raised its interim dividend to 500 cents per share, putting R455 million into Patrice Motsepe's pocket.
10 businesses owned by Tanzanian billionaire Rostam Aziz
Rostam Aziz just bought Nation Media Group from the Aga Khan. Here is every company the Tanzanian billionaire owns in 2026.
Aliko Dangote and the War Premium — How the Hormuz Crisis Is Stress-Testing Africa’s Richest Man
Brent past $109, margins collapsing, a third price hike looming, and an IPO that could redefine African capital markets — inside the forces reshaping Dangote’s $32.5 billion empire in real time.
IFC plans $40 million bet on Egyptian billionaire Naguib Sawiris’ Nile Sugar desert project
The IFC is considering a $40 million loan to Nile Sugar Company, owned by Naguib Sawiris, to expand sugar beet farming in Upper Egypt.
Hassan Allam's Egyptian construction giant powers up one of the world's largest solar parks with Chinese tech deal
Hassan Allam Holding has partnered with Sineng Electric to supply 249MW of central inverters to Egypt's 1.65GW Benban Solar Park in Aswan.
Billionaire Naguib Sawiris says Iran's attacks on the UAE are a war against freedom and progress
Egyptian billionaire Naguib Sawiris says Iran's attacks on the UAE go beyond military strikes and target freedom and a way of life.
Chakib Alj files to take control of Forafric Maroc in deal that reshapes Morocco's flour industry
Chakib Alj's Cap Holding has formally notified Morocco's Competition Council of its plan to acquire 68% of flour and pasta producer Forafric Maroc.
Adidas nominates $9.3 billion Egyptian mogul Nassef Sawiris as its next chairman
Nassef Sawiris, worth $9.3 billion and already a major Adidas shareholder, is set to become the sportswear giant's next chairman.
Billionaire Moulay Elalamy's Saham Group moves to deepen its stake in teleperformance with a $412m equity swap
Saham Group has executed a $412 million equity swap to boost its position in Teleperformance, the global customer services company it helped build.
Adidas taps billionaire Nassef Sawiris as chair
Adidas is replacing its embattled chairman with Egyptian billionaire Nassef Sawiris and keeping CEO Bjorn Gulden locked in through 2030.
Egyptian billionaire Nassef Sawiris steps down as OCI Global executive chair
Nassef Sawiris, Egypt's richest man, is leaving OCI Global's top seat, citing other professional commitments, effective at the next AGM.
Nigerian businessman Kestin Pondi hands out $570,000 in business grants to 80 entrepreneurs
Tantita Security Services MD Kestin Pondi handed N800 million in business grants to 80 Nigerian entrepreneurs in Delta State on Monday.
Ghanaian tycoon Ibrahim Mahama may take over McDan Aviation's private jet terminal at Kotoka International Airport
Government sources say McDan Aviation's private jet terminal at Kotoka International Airport could be reassigned to Ibrahim Mahama.
The Lundin family's $12.9 million bet on an Ivory Coast gold mine is now worth $739 million
The Lundin family invested $12.9 million in Montage Gold in 2024. Two years later, their stake is worth nearly $739 million.
Anthony Joshua relocates to Dubai as his £150 million business empire files formal change of residence
Anthony Joshua has formally relocated to Dubai, filing a change of residence across his £150 million business empire despite ongoing Iranian drone strikes on the UAE.
Israeli billionaire Dan Gertler pays $30 million to settle Congo bribery probe
Dan Gertler's former holding company has paid $30 million to settle a Dutch bribery probe over Congo mining deals dating back to 2010.
Dangote refinery to prioritise Nigeria as oil hits $100
Dangote refinery says Nigeria will come first on fuel supply, but warned that prices could keep rising as the Middle East war rattles global energy markets.
Aliko Dangote's refinery shields Nigeria from global oil shock but Nigerians still feel the pinch
Aliko Dangote's 650,000-barrel refinery absorbed over half of a global crude price surge, shielding Nigeria from the full force of the oil shock.
Nigerian President Tinubu just sent Jimoh Ibrahim to the United Nations, a man who ran every business he touched into the ground
Tinubu has made Jimoh Ibrahim Nigeria's man at the United Nations. His business record tells a different story about who he is.
10 businesses owned by Tanzanian billionaire Rostam Aziz
Rostam Aziz just bought Nation Media Group from the Aga Khan. Here is every company the Tanzanian billionaire owns in 2026.
Mary-Ann Musangi’s HACO Industries wins circular economy leader at Kenya ESG Awards
HACO Industries Kenya has been named a Circular Economy Leader at the Kenya ESG Awards, recognising the manufacturer's push to embed sustainability across its operations.
Tanzanian billionaire Rostam Aziz acquires Kenya's Nation Media Group from Aga Khan
Tanzanian billionaire Rostam Azizi has bought the Aga Khan Fund's controlling stake in Nation Media Group, ending a 66-year era.
Madagascar's most powerful businessman is now in a Mauritius jail facing a third international arrest warrant
Madagascar's anti-corruption court has issued a third international arrest warrant against tycoon Mamy Ravatomanga, adding a mining scandal to his growing legal troubles.
Meet Esther Muchemi, M-Pesa's first agent who became a multimillionaire
When M-Pesa launched on March 6, 2007, Esther Muchemi held agent number 0001. She had no idea what was coming.
Kenyan beer tycoon Ngugi Kiuna wins $11.4 million guarantee in Heineken battle
A Nairobi court has ordered Heineken to post a Sh1.47 billion bank guarantee before it can appeal the Sh1.8 billion award to Ngugi Kiuna.
Kenyan court issues arrest warrant for cement mogul Benson Ndeta over $35 million Absa Bank fraud
A Nairobi magistrate has issued arrest warrants for Benson Ndeta and his co-accused after they failed to appear on Sh4.5 billion fraud charges.
Malagasy tycoon Hassanein Hiridjee's AXIAN Telecom partners with AST SpaceMobile for satellite broadband in Africa
AXIAN Telecom and AST SpaceMobile have teamed up to deliver satellite broadband directly to standard smartphones across Africa's most underserved communities.
Adrian Gore says South Africa's NHI needs a decade to mature and cannot work in its current form
Discovery CEO Adrian Gore says South Africa's NHI cannot work in its current form, lacks the doctors and resources to function, and needs a decade to mature.
Elon Musk's $839B fortune leads record Forbes list as global billionaire wealth hits $20.1T
Elon Musk became the wealthiest person ever recorded as global billionaire wealth surged to $20.1 trillion, with Africa's Aliko Dangote holding firm at 86th.
Patrice Motsepe is set to pocket $24.6 million African Rainbow Minerals interim dividend
African Rainbow Minerals raised its interim dividend to 500 cents per share, putting R455 million into Patrice Motsepe's pocket.
10 companies owned by South African multimillionaire Robert Gumede
Robert Gumede built one of Africa's biggest black-owned IT company from scratch. Here is every business the South African tycoon owns in 2026.
How Lazarus Zim clawed his way from Fort Hare to the top of South Africa's mining industry
From Fort Hare student to Anglo American CEO, Lazarus Zim built one of South Africa's most consequential black-owned business empires.
Johann Rupert's Remgro sells R4.88 billion worth of FirstRand shares in six-year exit from South Africa's biggest bank
Johann Rupert's Remgro has sold nearly 52 million FirstRand shares for R4.88 billion, extending a six-year disposal process that began in 2020.
Markus Jooste's Hermanus mansion sells for $6.4m in one of South Africa's biggest coastal property deals
The Voëlklip estate in Hermanus, once tied to disgraced Steinhoff CEO Markus Jooste, has sold for a record $6.4 million
South African billionaire Zak Calisto gets regulatory green light to take joint control of King Price Insurance
South Africa's Competition Commission has backed Zak Calisto's bid to take joint control of King Price Insurance without conditions.
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.
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GB Agboola's Flutterwave backs Tiwa Savage's music foundation to take African creative talent global
Flutterwave CEO GB Agboola has partnered with Tiwa Savage's new music foundation to build infrastructure for emerging African creative talent to reach global markets.
Adrian Gore says South Africa's NHI needs a decade to mature and cannot work in its current form
Discovery CEO Adrian Gore says South Africa's NHI cannot work in its current form, lacks the doctors and resources to function, and needs a decade to mature.
The Secret Behind MTN Nigeria's Dominance Under Karl Toriola
MTN Nigeria's impressive growth is a testament to Karl Toriola's strategic leadership, with a focus on investing in network infrastructure and driving digital inclusion.
Tony Elumelu Foundation adds three global heavy-hitters to advisory board
The Tony Elumelu Foundation has appointed three new Advisory Board members, including Badr Jafar, Per Heggenes and Harvard professor Paul Gompers.
Elon Musk's $839B fortune leads record Forbes list as global billionaire wealth hits $20.1T
Elon Musk became the wealthiest person ever recorded as global billionaire wealth surged to $20.1 trillion, with Africa's Aliko Dangote holding firm at 86th.
FCMB completes $359M recapitalization, locks in international banking license ahead of Nigeria's deadline
FCMB Group has completed a multi-year capital raise, hitting Nigeria's $359 million threshold and locking in its international banking license ahead of the deadline.
Nigerian businessman Kestin Pondi hands out $570,000 in business grants to 80 entrepreneurs
Tantita Security Services MD Kestin Pondi handed N800 million in business grants to 80 Nigerian entrepreneurs in Delta State on Monday.
Ghanaian tycoon Ibrahim Mahama may take over McDan Aviation's private jet terminal at Kotoka International Airport
Government sources say McDan Aviation's private jet terminal at Kotoka International Airport could be reassigned to Ibrahim Mahama.
Patrice Motsepe is set to pocket $24.6 million African Rainbow Minerals interim dividend
African Rainbow Minerals raised its interim dividend to 500 cents per share, putting R455 million into Patrice Motsepe's pocket.
10 businesses owned by Tanzanian billionaire Rostam Aziz
Rostam Aziz just bought Nation Media Group from the Aga Khan. Here is every company the Tanzanian billionaire owns in 2026.
10 companies owned by South African multimillionaire Robert Gumede
Robert Gumede built one of Africa's biggest black-owned IT company from scratch. Here is every business the South African tycoon owns in 2026.
Jamaican-Canadian billionaire Michael Lee-Chin just told a room of students exactly how he built his fortune
Billionaire Michael Lee-Chin visited Portmore Community College and laid out his exact wealth creation principles to students.
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.
The Lundin family's $12.9 million bet on an Ivory Coast gold mine is now worth $739 million
The Lundin family invested $12.9 million in Montage Gold in 2024. Two years later, their stake is worth nearly $739 million.
How Lazarus Zim clawed his way from Fort Hare to the top of South Africa's mining industry
From Fort Hare student to Anglo American CEO, Lazarus Zim built one of South Africa's most consequential black-owned business empires.
Johann Rupert's Remgro sells R4.88 billion worth of FirstRand shares in six-year exit from South Africa's biggest bank
Johann Rupert's Remgro has sold nearly 52 million FirstRand shares for R4.88 billion, extending a six-year disposal process that began in 2020.
