The bicycle parts trader from Burkina Faso who built a $9 billion banking empire
Idrissa Nassa started out trading bicycle parts and consumer goods in Burkina Faso. He now controls a $9 billion pan-African banking empire.
Billionaire Dr. Dre and Kendrick Lamar break ground on a $270 million new campus at Compton High School
Dr. Dre and Kendrick Lamar returned to their Compton alma mater on May 7 for the groundbreaking of a $270 million new campus that will serve 1,800 students.
Meet Issad Rebrab, the accountant who turned a small metals stake into a $5 billion empire
Issad Rebrab started with a 20% stake in a metals firm. Five decades later, he had built Algeria's largest private company and its first billion-dollar fortune.
Nigerian multimillionaire Oba Otudeko delivers 2,400sqm building to Olabisi Onabanjo University
The Oba Otudeko Foundation has delivered a 2,400-square-metre administrative complex to Olabisi Onabanjo University in Ogun State, adding to the Honeywell chairman's growing education legacy.
Bloomberg says Abdul Samad Rabiu is Africa's 2nd richest man at $19.1 billion while Forbes ranks him 4th at $15.3 billion. Here is why both are right
Bloomberg ranks Abdul Samad Rabiu as Africa's second richest man at $19.1 billion, ahead of Johann Rupert, while Forbes puts him fourth at $15.3 billion. The gap comes down to how each counts his Nigerian stock market wealth.
Patrice Motsepe's foundation hands $1 million to the Cameroon startup turning trash into industrial gold
BleagLee, a Cameroonian startup converting plastic and e-waste into high-value materials using AI, has taken the $1 million Milken-Motsepe grand prize.
Nigerian businessman Denzel Akogwu's Elipse International signs 4,000-ton copper plant deal in Nigeria
Denzel Akogwu's Elipse International signs a 4,000-ton copper flotation plant deal, marking Nigeria's push to value-added mineral processing.
Kenya's Auditor-General flags tycoon Jaswant Rai's Nzoia Sugar takeover as opaque
Kenya's Auditor-General has flagged the 30-year lease of Nzoia Sugar to Jaswant Rai's West Kenya as opaque, saying no handover document or asset valuation was provided to auditors.
Elon Musk closes Twitter SEC case for $1.5 million, keeps $150 million repayment
Elon Musk has settled the SEC's lawsuit over his delayed Twitter disclosure, with a $1.5 million penalty marking the end of a three-year legal battle.
Access Holdings, controlled by Aigboje Aig-Imoukhuede, must sell down foreign subsidiaries within 12 months after new Central Bank rule
Access Holdings will reduce equity stakes in foreign subsidiaries within 12 months after the CBN ordered Nigerian banks to limit overseas equity investments to 10% of shareholders' funds.
Media mogul Byron Allen closes $171 million deal and lands CBS late-night slot in same week
Byron Allen's Allen Media Group closed a $171 million broadcast station sale to Gray Media and locked in a new YouTube TV carriage deal in a single week.
King Mohammed VI gives Crown Prince Moulay Hassan his first real military job in a move that mirrors the king's own path to the throne 40 years ago
King Mohammed VI has appointed Crown Prince Moulay El Hassan as coordinator of Morocco's military general staff, giving the 22-year-old his first substantive role in the Royal Armed Forces.
Billionaire Femi Otedola says he did not invest a single kobo in Dangote's refinery and calls the viral claim that he contributed $300 million "calculated mischief"
Femi Otedola has flatly denied investing in the Dangote Petroleum Refinery, calling a viral claim that he contributed $300 million "completely and utterly false" and "calculated mischief."
James Makamba's Telecel Zimbabwe stake is every buyer's biggest headache
Buying Telecel Zimbabwe means inheriting a tangle of ownership claims, including James Makamba's Kestrel Corporation stake and other unresolved competing interests.
Africa's angel investors deployed $4.4 million in 2025 but a pre-seed funding crisis is leaving the continent's earliest-stage startups behind
Africa's angel investors deployed $4.4 million in 2025 with 65% of backed startups securing follow-on funding, even as pre-seed capital fell to a 4-year low.
Equity Life Assurance Kenya hits record Ksh1.24 billion profit in 2025
Equity Life Assurance Kenya posted a record Ksh1.24 billion profit after tax in 2025, driven by a 40% surge in gross written premiums and 19.2 million cumulative policies.