Neal Froneman: Sibanye-Stillwater’s proposed unit to secure $700 million from U.S. gov’t
Froneman owns a 0.074-percent stake in Sibanye-Stillwater.
Nigerian banker Herbert Wigwe’s Access Holdings aborts takeover of Kenya’s Sidian Bank
Wigwe owns a 4.51-percent stake in Access Holdings.
Releaf, led by Nigerian entrepreneur Ikenna Nzewi, raises $3.3 million for new technologies
Releaf has secured more than $100 million in supply contracts.
Tunisian tech entrepreneurs set to sell AI company to German biotech firm for $390 million
InstaDeep was founded in 2014.
Egyptian businessman Mohamed Arafa’s firm mulls expansion
Haj Arafa Group, under the leadership of Egyptian businessman Mohamed Arafa, is exploring opportunities to broaden its reach.
Egyptian entrepreneur Mostafa Kandil’s SWVL joins forces with Klax Ads to boost drivers’ income
SWVL Holdings Corp. is a leading provider of tech-enabled mass transit solutions.
Nigerian media mogul Raymond Dokpesi released following delay at Heathrow Airport
The mogul is the founder and former chairman of Daar Communications.
Dave Chappelle reveals African-American businessman Jay-Z’s investments in Ghana
Jay Z remains one of the few Black billionaires in the United States.
Nigerian businessman Tony Elumelu invites African entrepreneurs to apply for $5,000 in seed capital
He emphasized the importance of not only personal success but also giving back to the community.
Tribunal denies investors $4.1 million in lawsuit linked to retail chain led by Kenyan tycoon, Atul Shah
Nakumatt Holdings started facing serious financial difficulties in 2016.
Wealthy Kenyan banker Suresh Bhagwanji Shah acquires Nairobi Business Park
Suresh Bhagwanji Shah is the founder of I&M Holdings.
Femi Otedola’s Geregu Power gains $170.1 million following Afreximbank deal
Geregu Power is a major player in Nigeria’s power sector.
Black couple acquires property in North Carolina for $3.85 million
In 2019, the James family founded Duke Ventures.
Dangote’s oil refinery set to transform African petroleum industry in 2023
The refinery will be closely watched by the global energy industry.
Meet Namibia-based entrepreneur who secured $15 million in funding for his startup
David Akinin established JABU to improve Namibia’s inefficient supply chain and distribution channels.
Africa’s richest man Aliko Dangote awards 460 scholarships to students in Lagos State
Dangote Group is the continent’s most diversified manufacturing conglomerate.