Devki Group launches $84.7-million iron ore pelletization plant, targets 14,000 jobs in Kenya
Devki Group’s $84.7-million iron ore plant in Kenya promises to create 14,000 jobs, strengthen local mining, and drive the country’s industrial growth.
Michael Jordan's Highland Park mansion finally sells for $9.5 million after 12 years on the market
After 12 years and multiple price cuts, Michael Jordan’s lavish Highland Park mansion has sold for $9.5 million, marking the end of a long real estate saga.
Raya Holding secures $25 million investment to build advanced tier III data center in Egypt
Raya Holding has secured $25 million in funding to build a cutting-edge Tier III data center in Egypt, marking a key step in the country’s digital transformation and regional tech hub ambitions.
Ham Serunjogi: The fintech trailblazer transforming African payments
The visionary CEO of Chipper Cash is driving financial inclusion and reshaping Africa's payment landscape.
FCMB forecasts $141.83 million revenue for Q1 2025, targets $19.56 million profit
The bank targets diversified revenue growth, strong cash inflow, and operational efficiency in its Q1 2025 outlook.
Meet Mitchell Elegbe: The visionary behind Interswitch, driving Africa’s digital payment revolution
From engineering graduate to fintech pioneer, Elegbe's transformative leadership has redefined digital payments in Africa.
Oando boosts oil production by 50 percent after $783-million Nigerian Agip Oil acquisition
Acquisition of NAOC strengthens Oando’s position as a major player in Nigeria’s energy sector.
Johann Rupert’s 7 biggest philanthropic contributions: Transforming lives in South Africa and beyond
From COVID-19 relief to wildlife conservation, Johann Rupert’s philanthropy is driving social and economic change.
Samih Sawiris acquires $400-million Moroccan tourism project, expands influence in North Africa
Billionaire Sawiris-led consortium to develop Essaouira Mogador with new hotels, resorts, and residential complexes.
Patrice Motsepe faces $195-million lawsuit over alleged non-compete breach in Tanzania
Motsepe denies allegations, calls claims "absolute rubbish" as lawsuit escalates in Tanzania's commercial court.
BUA Group partners with Starlinger for packaging production facility with six hundred million-bag capacity
BUA Group strengthens control over production and supply chain with new facility for polypropylene packaging.
Chevron’s $1-billion annual investment drives growth in Nigeria’s oil sector
Chevron’s $1 billion annual investment in local suppliers is central to Nigeria’s oil sector growth, driving innovation and partnerships for sustainable development.
FCMB Group reports $51.4-million profit, driven by strong revenue growth
FCMB Group posts a 68-percent increase in profit after tax for Q3 2024, fueled by robust growth in interest income, fee-based income, and strategic cost control.
The 7 biggest donations by Abdul Samad Rabiu: Building a legacy of impact across Nigeria and Africa
Nigerian billionaire Abdul Samad Rabiu is making a lasting impact through significant donations that span healthcare, education, security, and more, shaping a brighter future for Nigeria and Africa.
NCB Financial targets $50-billion profits with ambitious cost-cutting plan
NCB Financial Group, led by Michael Lee-Chin, plans to double its profits to $50 billion, focusing on cost reduction and enhancing workforce skills to compete globally.