U.S.-Nigerian telecom executive Sam Darwish’s stake in IHS gains nearly $6 million
The recent rally has driven Sam Darwish’s stake to nearly $50 million.

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Egyptian billionaire Samih Sawiris’ Mamula Island hotel begins a Banyan Tree rebrand after a seven-year restoration of the historic fortress.

Nigerian billionaire Femi Otedola’s Geregu Power sees $57 million in 2025 half-year revenue
Geregu Power, led by Femi Otedola, posts steady $57.4 million revenue in H1 2025, showing strength in a tough energy market.

Uganda's richest man Sudhir Ruparelia launches new Grade-A office park in Kampala
The 19-story tower, completed this month, is the first phase of the sprawling Pearl Business Park, a multi-billion-dollar development that aims to create a mixed-use enclave featuring office spaces, retail outlets, health facilities, and leisure amenities.