Nigerian billionaires to pay $6.9 million annually for foreign-registered private jets
Nigerian billionaires may soon face $6.9 million in annual fees for their foreign-registered private jets, sparking fears that operators could relocate to neighboring countries, cutting off crucial revenue for the government.

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South African tech mogul Jens Montanana gains $28 million from Datatec stake
This $28.1 million gain demonstrates the rising institutional interest in JSE-listed technology companies with a global presence.

Firm linked to World’s richest Black man acquires Kenya’s oldest tour company
This reflects the growing appeal of Kenya’s tourism sector to international investors.

South Africa’s richest man gains $800 million in less than a month
This boost brings his year-to-date net worth increase to $1.67 billion, making him the only African billionaire whose fortune has grown by over $1.5 billion in 2025.

Ralph Mupita leads MTN Group to $2.6 billion revenue in Q1 2025
This impressive turnaround comes from growth across its key markets, particularly in Nigeria and Ghana.