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Alpac Capital, which bought Euronews from Egyptian billionaire Naguib Sawiris in 2021, is now acquiring Serbia's last independent media outlets N1 and Nova S for 30 million euros.
South Africa's major banks and professional services firms provided services to Gupta-linked entities despite clear red flags, enabling state capture corruption documented as the worst in the country's democratic history.
FirstHoldCo shareholders approved the N253 billion capital raise at today's 14th AGM, clearing the path for Femi Otedola's N1 trillion paid-up capital target for First Bank of Nigeria.
Satellite images show Nigeria's Dangote refinery and Benedict Peters' Aiteo operation are the biggest beneficiaries of the Hormuz crisis, even as an oil theft mafia costs the country billions annually.
Datatec posted gross invoiced income of $8.5 billion and headline earnings per share up 56.5% in FY2026, with CEO Jens Montanana describing it as one of the strongest years in the group's history.
An Abuja court granted ex-Skye Bank chairman Tunde Ayeni N200 million bail on May 25, with conditions including property-owning sureties and a N15 billion bank guarantee.
Nigerian oil billionaire Igho Sanomi turns 51 with a philanthropy record spanning hospital wards, flood zones and cancer research labs on two continents.
Ghana's Court of Appeal unanimously restored Papa Kwesi Nduom's GN Savings and Loans licence on May 21, ruling the Bank of Ghana's 2019 revocation was unfair and unreasonable.
Nigerian billionaire Femi Otedola announced a $100 million investment in the Dangote refinery during a high-profile executive visit to the Lagos facility on Wednesday.
Oando CEO Wale Tinubu told Reuters Africa must stop depending on foreign capital and build its own financing mechanisms as Oando prepares a $750 million drilling campaign.
Co-op Bank posted a record first-quarter profit of Ksh11.37 billion and confirmed its South Sudan subsidiary turned a quarterly profit for the first time.
Shingai Mutasa returned from London in 1980, joined his father's commodity business and quietly built one of Zimbabwe's most diversified private empires.
Mauritius investigators are tracing new money trails connecting jailed Madagascar tycoon Mamy Ravatomanga to the HITA industrial oil refinery scandal.
Femi Otedola has spent N43.4 billion buying 549.5 million more FirstHoldCo shares, lifting his total stake to 19.36% in his biggest single purchase since becoming chairman in January 2024.
The Cameroon presidency has ordered official checks into the long-running legal dispute between billionaire Baba Danpullo and MTN Cameroon, signaling new scrutiny of one of Central Africa's most consequential business fights.
A new investigation traced the late Herbert Wigwe and his partner Aigboje Aig-Imoukhuede to stakes in 80 companies spread across 20 countries.
