Nigeria’s First Bank fires CEO without regulatory approval
The Central Bank of Nigeria has queried First Bank over its abrupt removal of CEO Adesola Adeduntan.
The Central Bank of Nigeria has queried First Bank over its abrupt removal of CEO Adesola Adeduntan.
Kenyan tycoon and CEO of Keroche Breweries Tabitha Karanja has revealed that a new expansion strategy could see the Kenya Revenue Authority generate over Ksh1 billion ($92.7 million) annually.
Egyptian billionaire businessman Naguib Sawiris has stepped down from his role as the chairman of Orascom Investment Holding.
Burkinabe tycoon Inoussa Kanazoe is hoping to win over a large share of Togo’s cement market.
MTN and Safaricom are fighting to clinch market share in the Ethiopian telecom sector.
After 30 years as Nigeria’s leading hospitality outfit, Transcorp Hotels is injecting more than $120 million into rehabilitating its five-star hotels.
A Tesla crash has led to Elon Musk dropping to the number-three spot on the list of the world’s richest men.
Nigerian gambling mogul Kessington Adebutu has taken on the rehabilitation of Nigeria’s national stadium in Lagos.
Exiled Zimbabwean mogul Mutumwa Mawere is seeking redress over 17 years of rent losses in Harare.
A newly founded philanthropy established by Africa’s sixth richest man has donated $2.62 million to the University of Ibadan.
The Kenya Revenue Authority is investigating embattled businessman Humphrey Kariuki for tax evasion.
The International Finance Corporation has partnered with Gideon Muriuki’s Co-operative Bank and Philips in a $300-million deal to fund small- and medium-sized businesses in the fight against COVID-19.
Mo Dewji is upset over the latest decision by Tanzania’s Fair Competition Commission to restart talks regarding the restructuring og the Simba Sports Club.
Tayo Amusa’s Persianas Property Ltd. is buying Shoprite Nigeria as the South African retailer retreats from other African markets.
These African heiresses are either giving back to the community or helping to grow their parents’ businesses.
These eight billionaires aged 60 and under are continuing to take the world by storm.