Egyptian billionaire Nassef Sawiris’ Fertiglobe records growth in Q1 2021, eyes Abu Dhabi listing
The company has announced a potential move to list on the Abu Dhabi Stock Exchange.
Ishioma Emi
Nigerian authority clears Abdulmunaf Yunusa Sarina’s Azman Air to resume business
The Nigerian Civil Aviation Authority has given the thumbs-up to the airline after a series of incidents.
Zulu kingdom loses queen regent barely a month after her appointment
The Zulu Royal Family of South Africa has announced the untimely death of Queen Mantfombi Dlamini Zulu.
Mutumwa Mawere may lose his R2-million luxury apartment in South Africa
A failed loan repayment to Absa Bank has put the Zimbabwean tycoon into a financial bind.
David Muguku dispels rumors of the sale of Waterfront Mall, Karen
The Muguku family has refuted news that it plans to sell Waterfront Mall in Karen.
Egyptian billionaire Mohamed Mansour appointed to newly created Investment Advisory Board in UK
The board will serve as the UK government’s foreign investment advisory body to Egypt.
Nigerian Senate looks to promote cement market competition
The Nigerian Senate has called for liberalizing cement policy to boost production and reduce market prices.
Nigerian Energy tycoon Benedict Peters to settle mining dispute between Zimbabwe and Amari Platinum
Bravura Zimbabwe (Pvt) Ltd. will offset a $15-million debt that Zimbabwe owes Amari Holdings Ltd.
Arsenal fans clamor for Aliko Dangote to become club’s new owner
Arsenal FC fans are calling for a new owner after Stan Kroenke’s decision to join the breakaway European Super League.
South African tycoon Rob Hersov announces plans to build world-class airport in Cape Town
South African tycoon Rob Hersov plans to build a world-class airport in Cape Town.
Madagascan tycoon Hassanein Hiridjee acquires Millicom’s Tanzanian operations
Millicom has announced an agreement to sell its Tanzania operations for an undisclosed amount to a consortium led by Axian Group.
After king’s death, Zulu royals postpone appointing official heir
Queen Mantfombi Dlamini Zulu will govern the AmaZulu Kingdom in the meanwhile.
WorldRemit founder Ismail Ahmed commits $500 million to philanthropy in Somaliland
WorldRemit founder Ismail Ahmed has launched a $500-million fund to support education, healthcare and infrastructure development in his native Somaliland.
UK court bars Nigerian media mogul Nduka Obaigbena from serving as Arise TV director
The judgment came on April 8 following the company’s compulsory liquidation.
Tanzanian billionaire Mohammed Dewji becomes advisor to South African President Ramaphosa
South African President Cyril Ramaphosa has appointed Mo Dewji to his Investment Advisory Council.
Sawiris family moves to expand further in Egypt’s gold sector
A deal between AKH Gold and Egypt’s Petroleum and Mineral Resources Ministry will increase the Sawiris’ stake in the gold sector.