Elon Musk's SpaceX, Airtel Africa partner to expand rural connectivity
SpaceX and Airtel Africa team up to roll out Starlink’s low-latency internet, aiming to bridge rural Africa’s digital divide with satellite connectivity.
Trustco, led by Quinton van Rooyen, loses $11 million tax case
Trustco loses court bid as Namibia upholds NAD305.5 million ($16.7 million) tax recovery.
GEIL completes $400 million onshore project under Anthony Adegbulugbe
Anthony Adegbulugbe’s GEIL completes the $400 million Otakikpo terminal, Nigeria’s first indigenous onshore crude export hub in over 50 years.
World’s first Black billionaire leads real estate trust to $328 million Q1 revenue
RLJ Lodging Trust posted $328.1 million in Q1 revenue, a modest gain, as hotel conversions offset margin pressure, pulling net income down to $3.2 million.
Alex Karp’s Palantir posts $884 million Q1 revenue
Palantir’s Q1 revenue surged 39% to $884 million, powered by AI-driven demand in U.S. commercial and government sectors, marking its most profitable quarter yet.
15 richest people in Uganda
Uganda's wealthiest drive growth through real estate, finance, and manufacturing, shaping the nation's rise as East Africa’s emerging private sector hub.
Top 10 richest women in Kenya
Kenya’s wealthiest women are forging cross-sector empires, driving East Africa’s economic growth through strategic leadership and investments in finance, real estate, agriculture, and manufacturing.
NCBA, backed by Kenya’s richest families, earns $2.1 million from AIG sale
NCBA Group earned $2.1 million from its full acquisition of AIG Kenya, boosting its financial services footprint and expanding long-term customer value.
Aliko Dangote’s sugar business eyes Ghana’s $162 million import market
Dangote Sugar expands into Ghana with a $162 million project to reduce imports, boost agro-industrial output, and support local supply under AfCFTA.
7 African billionaires pouring millions into the future of sports
Africa’s richest are reshaping sports, from rugby and football to basketball, using wealth to drive youth empowerment, global expansion and local impact.
15 companies owned by Nigerian energy tycoon ABC Orjiako
ABC Orjiako built a vast empire spanning oil, logistics, and healthcare, despite legal battles tied to his exit from Seplat Energy.
Baloobhai Patel acquires $1.2 million more shares in Absa Kenya
Baloobhai Patel ups Absa Kenya stake by $1.2 million, showing confidence in lender's growth as bank posts strong profit despite tough macro conditions.
Gautam Adani’s port arm eyes South Africa amid expansion push
Adani Ports is evaluating a push into South Africa as it seeks to expand across African trade routes after turbulence slowed its international momentum.
Elon Musk’s Starlink wins Congo license after earlier ban
Congo lifts ban on Elon Musk’s Starlink, clearing the way for satellite internet in underserved regions amid efforts to expand access across Africa.
Aliko Dangote reaffirms $30 billion revenue target amid U.S. tariff
Aliko Dangote reaffirms his $30 billion revenue target by 2026, undeterred by shifting U.S. tariffs and global trade tensions under Donald Trump.
Eaton posts $6.4 billion in Q1 sales as Craig Arnold plans retirement
Eaton posts record $6.4 billion Q1 2025 sales as CEO Craig Arnold prepares to retire, driven by 9% organic growth in core segments despite global headwinds.