Tanzanian billionaire Said Bakhresa to spend $500 million doubling soft-drink output
Bakhresa is pouring $500 million into his flagship soft‑drink plant in Mwandege, doubling capacity and boosting sourcing from 100,000 local farmers.
South African billionaire Zak Calisto to pocket $22 million in Karooooo dividends
Karooooo’s latest dividend will hand its billionaire founder a pre-tax windfall of more than $22-million.
South African billionaire Rob Hersov’s podcast remarks spark race-relations backlash
South African businessman Rob Hersov's podcast comments about race and history have reignited debate over inflammatory rhetoric and its impact on public discourse.
Nigerian energy tycoon Ademola Adeyemi-Bero’s First E&P pursues Tanzanian gas opportunity
Ademola Adeyemi-Bero'S Nigeria’s First E&P is expanding into Tanzania’s gas sector, part of a broader push by Nigerian companies to grow beyond West Africa’s oil fields.
Nigerian tycoon Emeka Offor donates $1-million cancer equipment to University of Maiduguri Hospital
Offor’s donation marks one of the largest private medical equipment gifts in northern Nigeria in recent years.
Nigerian businessman Kola Aluko’s former Bel Air mansion sells for $28.5 million after tumultuous history
Kola Aluko’s former Bel Air mansion, entangled in legal battles, sold for $28.5 million, marking the latest chapter in its tumultuous history.
Top 10 most expensive hotel rooms in Africa
From the dusty plains of the Serengeti to the glittering harbors of Cape Town, Billionaires.Africa profiles the ten most expensive hotel rooms in Africa.
Serena Williams backs infant formula startup Nara Organics in $32 million round
Serena Williams has invested in Nara Organics, a new infant formula startup that offers a USDA-certified, FDA-registered organic whole milk formula designed to meet both U.S. and European standards.
9 companies owned by Nigerian billionaire and Bet9ja founder, Kunle Soname
Outside of sports betting, Kunle Soname, a Nigerian gaming tycoon and chairman of Bet9ja, has built an empire that spans aviation, ceramics, hospitality, sports and hospitality.
One Earth, One Game, One Mind: The Cosmic Philosophy of Kirsan Ilyumzhinov
From Buddhist steppes to African villages, Ilyumzhinov shares why saving Earth means saving the cosmos.
Africa's richest man Aliko Dangote steps down as chairman of cement company
Dangote's move is seen as part of a broader leadership transition.
Kenyan oil tycoon Abdinasir Ali Hassan eyes Mozambique gas, energy deals
Abdinasir Ali Hassan's Hass Petroleum, which distributes petroleum products in more than 11 countries across East Africa, is looking to venture into upstream operations.
Burkina Faso's richest man Mahamadou Bonkoungou donates $2.8 million to displaced families
Dédougou, in Burkina Faso’s Boucle du Mouhoun region, has suffered mounting insecurity in recent months from Islamist armed groups and terrorists. Attacks have left hundreds of local dwellers displaced.
Nigerian fertilizer tycoon Thomas Etuh's bank accounts frozen over $16.1 million debt
Thomas Etuh's TAK Group is one of the largest blenders of fertlizer in nigeria and also helps farmers and agribusinesses move fertilizer, grain and other farm produce across the country—all the way from assembly points and silos to blending plants, processing centers and final markets.
Co-op Bank Kenya CEO Gideon Muriuki raises stake with $1.57 million share purchase
Gideon Muriuki, CEO of Co‑operative Bank of Kenya, has boosted his personal stake in the lender by acquiring an additional 12 million shares valued at KSh 202.8 million (approximately US $1.57 million) — raising his stake from 2% to 2.2%.
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.